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Home My WebLink About01-28-10 (2)FIRST AND FINAL ACCOUNT OF DUANE V. GREEN, EXECUTRIX OF THE LAST WILL AND TESTAMENT OF VIRGINIA TAYLOR, LATE OF 770 SOUTH HANOVER STREET, CARLISLE, CUMBERLAND COUNTY, PENNSYLVANIA, DECEASED DATE OF DEATH: LETTERS TESTAMENTARY ADVERTISED: 29-Jul-08 CUMBERLAND LAW JOURNAL Feb. 20, 27 & Mar. 6, 2009 FILE NO.: THE SENTINEL 21-08-0795 Feb. 14, 21, 28, 2009 ~.. ~ `~ " , PRINCIPAL RECEIVED -PERSONAL. PROPERTY ,= _~ ~, ~ ' ~~ 7 -rte F ~.~ _ ~ i Accountant charges herself with the following principal amounts received: ~; -, , ~~~. , ~; ~, Date _ ~ ~~_~~ ~~ ~ - ~.. i'^+~? --..1 2008 29-Jul Sovereign Bank• b Personal Checking Account No. 2891050061 4,600.89 Accrued Interest to DOD 0.02 Money Market Account No. 2894020672 17,243 SO Accrued Interest to DOD 29.16 Certificate of Deposit No. 2895349823 1,200.30 Accrued Interest to DOD 2 18 Certificate of Deposit No. 2895364574 3 876.14 Accrued Interest to DOD 13.69 Certificate of Deposit No. 2895539035 4 618.90 Accrued Interest to DOD 7.50 29-Jul The Alliance Development Fund, Inc. Individual Agreement No. 38015501 2,136.19 Includes Accrued Interest to DOD Certificate of Deposit No. 10189 5 017.72 Includes Accrued Interest to DOD Estate of Virginia Taylor Page 1 Certificate of Deposit No. 12753 2,508.05 Includes Accrued Interest to DOD Certificate of Deposit No. 12754 1 028.22 Includes Accrued Interest to DOD Certificate of Deposit No. 12755 6,522.51 Includes Accrued Interest to DOD Certificate of Deposit No. 12756 10042.29 Includes Accrued Interest to DOD Certificate of Deposit No. 15700 10 032.22 , Includes Accrued Interest to DOD . Certificate of Deposit No. 18267 10042.29 Includes Accrued Interest to DOD 29-Jul 445 Shares AT&T Common Stock At DOD closing price of $30.70 per share 13,661.50 29-Jul 542 Shares Verizon (Successor to Bell Atlantic) Common Stock At DOD closing price of $34.13 per share 18 498.46 29-Jul 60 Shares MetLife Common Stock At DOD closing price of $52.81 per share 3 168.60 29-Jul 2535 Shares Schlumberger Limited Common Stock At DOD closing price of $96.23 per share 243,943.05 29-Jul Loan to Duane V. Green 2,350.00 (Verbal agreement relayed by Duane V. Green.) . (Check received in repayment.) 4-Nov Chapel Pointe at Carlisle -Refund 594.50 2009 10-Jun Refund - PA Department of Revenue 2008 Personal Income Tax Return 91.OQ TOTAL PR INCIPAL RECEIVED 361,228.88 Estate of Virginia Taylor Page 2 INCOME (LOSS) RECEIVED Accountant charges herself with the following income amounts received: Date 2008 1-Aug Verizon Communications -Dividend 233.06 1-Aug AT&T -Dividend 178.00 1-Aug New Jersey Pension 1,994.76 26-Aug Personal Checking Interest DOD to 8/26/08 0.54 ( Sovereign Bank Account No. 2891050061) 26-Sep Alliance Development - CD Interest 131.25 26-Sep Alliance Development - CD Interest 100.86 26-Sep Alliance Development - CD Interest 69 gg 26-Sep Personal Checking No. 2891050061 Interest 0.77 3-Oct Schlumberger Dividend 448.35 17-Oct Fairpoint Communications Dividend 2 58 24-Oct Personal Checking No. 2891050061 Interest 0.85 3-Nov Verizon Communications -Dividend 249.32 3-Nov AT&T -Dividend 178 00 4-Nov Sovereign Bank (Additional interest to date accounts closed): Money Market Account No. 2894020672 Additional Interest from DOD to Date Closed 42.35 Certificate of Deposit No. 2895349823 Additional Interest from DOD to Date Closed 7.84, Certificate of Deposit No. 2895364574 Additional Interest from DOD to Date Closed 45.99 Certificate of Deposit No. 2895539035 Additional Interest from DOD to Date Closed 37.67 Estate of Virginia Taylor Page 3 26-Nov Personal Checking No. 2891050061 Interest 26-Dec Alliance Development - CD Interest 26-Dec Alliance Development - CD Interest 26-Dec Alliance Development - CD Interest 26-Dec Alliance Development - CD Interest 26-Dec Alliance Development - CD Interest 26-Dec Alliance Development - CD Interest 26-Dec Alliance Development - CD Interest 28-Dec Personal Checking No. 2891050061 Interest 30-Dec MetLife Common Stock Dividend 2009 9-Jan Schlumberger Dividend 16-Jan Fairpoint Communications Dividend 26-Jan Personal Checking No. 2891050061 Interest 2-Feb Verizon Communications -Dividend 2-Feb AT&T -Dividend 19-Feb The Alliance Development Fund, Inc. Individual Agreement No. 38015501 Additional Ynterest from DOD to Date Closed Certificate of Deposit No. 10189 Additional Interest front DOD to Date Closed Certificate of Deposit No. 12753 Additional Interest from DOD to Date Closed Certificate of Deposit No. 12754 Additional Interest from DOD to Date Closed Certificate of Deposit No. 12755 Additional Interest from DOD to Date Closed Estate of Virginia Taylor 0.39 262 SO 131.25 110.00 102.50 69.88 50.84 50.00 0.14 44.40 448.35 2.58 0.19 249.32 182.45 29.98 11.61 5.62 (21.55) 14.76 Page 4 Certificate of Deposit No. 12756 Additional Interest from DOD to Date Closed 27,71 Certificate of Deposit No. 15700 Additional Interest from DOD to Date Closed 22.45 Certificate of Deposit No. 18267 Additional Interest from DOD to Date Closed 27,71 24-Feb Interest on Estate Checking Account 2.00 26-Feb Personal Checking No. 2891050061 Interest 0.24 23-Mar Sale of 542 Shares Verizon Common Stock Sale Price $28.14 Per Share, Net Cash Received $15,251.88 Loss on Sale (3,246.58) Less Commission On Sale ~ (50.44) 24-Mar Interest on Estate Checking Account 91.28 26-Mar Personal Checking No. 2891050061 Interest 0.16 3-Apr Schlumberger -Dividend 448.35 24-Apr Interest on Estate Checking Account 124.29 24-Apr Personal Checking No. 2891050061 Interest - 0.10 11-May AT&T -Dividend 182.45 25-May Interest on Estate Checking Account 80.E 26-May Personal Checking No. 2891050061 Interest 0.09 24-Jun Interest on Estate Checking Account q,4..70 26-Jun Personal Checking No. 2891.050061 Interest - 0.06 17-Jul Schlumberger -Dividend ~ ~ 448.35 20-Jul Sale of Three (3) Shares Schlumberger, Ltd. at $50.40 per share Loss on Sale (137.49) Less Commission On Sale (15.36) Net Cash Received $135.84 20-Jul Sale of One (1) Share AT&T at $23.63 per share Loss on Sale (7 07) Less Commission On Sale (10.10) Net Cash Received $13.53 Estate of Virginia Taylar Page S 24-Jul Interest on Estate Checking Account 32.53 26-Jul Personal Checking No. 2891050061 Interest 0.05 3-Aug AT&T -Dividend 182.45 13-Aug Interest on Estate Checking Account 6.58 TOTAL INCOME RECEIVED 3,722.43 DISBURSEMENTS Accoutant claims credit for the following amounts paid: Date 2008 30-Jul Checks Cleared After Death Money Market Account No. 2894020672 Transfer to Checking Account No. 2891050061 3,500.00 Deposit Cleared After Death into Checking Account No. 2891050061 from MMKT No. 2894020672 (3,500.00) Checking Account No. 2891050061 -Various Dates 4,808.91 Travel and Out of Pocket Expenses of Executrix 700.00 5-Nov Hoffman -Roth Funeral Home ~ 6,694.24 5-Nov Gray Funeral Home 3 ,925.00 5-Nov Master Memorials, Inc. 789.00 5-Nov Frey & Tiley (Reimburse for Probate fee advanced to Register of Wills) 352.00 5-Nov Millennium Pharmacy Systems East 117.35 12-Nov Check Book Charge 20.65 Estate of Virginia Taylor Page 6 2009 5-Mar Master Memorials, Inc. 400,00 10-Mar The Sentinel -Advertising 198.16 10-Mar Frey & Tiley -Reimburse for Advertising Cumberland Law Journal 75.00 1-Jul Frey & Tiley -Reimburse for Short Certificate 4,00 B-Jul Register of Wills, Agent -Pennsylvania Inheritance Tax 47,209.00 8-Jul Register of Wills -Filing Fee for Inheritance Tax Return 15.00 13-Jul Register of Wills -Additional Probate Fee 50.00 17-Jul Duane V. Green -Executrix Commission 13,834.14 17-Jul Frey & Tiley -Attorney's Fees 14,584.14 17-Jul Register of Wills -Filing Fee for Account 280.00 17-Jul Reserve for Additional Inheritance Tax / Or refund, upon final review by Pennsylvania Department of Revenue 50.00 2-Dec Refund -Carlisle Regional Medical Center (284.80) TOTAL DISBURSEMENTS 93 ,821.79 RECAPITULATION Total Principal Received 361,228.88 Total Income Received 3,722.43 Total Receipts 364,951.31 Less Total Disbursements 93,821.79 Balance for Distribution 271,129.52 Estate of Virginia Taylor Page ~ PROPOSED SCHEDULE OF DISTRIBUTION 1) Duane V. Green 25378 Independence Road Unionville, VA 22567 Specific Bequest Pursuant to Will Paragraph Third 1/4 Residuary Estate Pursuant to Will Paragraph Fourth In-Kind Distributions of Stock: 111 Shares AT&T Common Stock at DOD Value DOD Value of $30.70 per share is tax basis. Value January 15, 2010 $25.79 per share or $2,862.69 total. 15 Shares MetLife Common Stock at DOD Value DOD Value of $52.81 per share is tax basis. Value January 15, 2010 $37.85 per share or $567.75 total. 633 Shares Schlumberger Ltd Common Stock at DOD Value DOD Value of $96.23 per share is tax basis. Value January 15, 2010 $70.83 per share or $44,835.39 total. Partial Distribution August 11, 2009 Lapse 67,782.38 3,407.70 792.15 60,913.59 2,542.34 Cash Distribution Upon Confirmation of Account 126.60 Sub-Total: 67,782.38 Note: Value as of January 15, 2010: $50,934.77 ) 2) Linda Carol Clements a/k/a Linda T. Clements 9900 Heyden Detroit, MI 48228 1/4 Residuary Estate Pursuant to Will Paragraph Fourth In-Kind Distributions of Stock: 111 Shares AT&T Common Stock at DOD Value DOD Value of $30.70 per share is tax basis. Value January 15, 2010 $25.79 per share or $2,862.69 total. 15 Shares MetLife Common Stock at DOD Value Estate of Virginia Taylor 67,782.38 3,407.70 792.15 Page 8 DOD Value of $52.81 per share is tax basis. Value January 15, 2010 $37.85 per share or $567.75 total. 633 Shares Schlumberger Ltd Common Stock at DOD Value DOD Value of $96.23 per share is tax basis. Value January 15, 2010 $70.83 per share or $44,835.39 total. Fartial Distribution August 11, 2009 Cash Distribution Upon Confirmation of Account S ub-Total ( Note: Value as of January 15, 2010: $50,934.77 ) 3) Dawn Elva Rowan a/k/a Dawn T. Rowan 38 South Third Street Frackville, PA 17931 60,913.59 2,542.34 126.60 67,782.38 Specific Bequest Pursuant to Will Paragraph Third Lapse 1/4 Residuary Estate Pursuant to Will Paragraph Fourth 67 782.38 In-Kind Distributions of Stock: 111 Shares AT&T Common Stock at DOD Value 3,407.70 DOD Value of $30.70 per share is tax basis. Value January 15, 2010 $25.79. per share or $2,862.69 total. 15 Shares MetLife Common Stock at DOD Value 792..15 DOD Value of $52.81 per share is tax basis. Value January 15, 2010 $37.85 per share or $567.75 total. 633 Shares Schlumberger Ltd Common Stock at DOD Value 60,913 S9 DOD Value of $96.23 per share is tax basis. Value January 15, 2010 $70.83 per share or $44,835.39 total. Partial Distribution August 11, 2009 2,542.34 Cash Distribution Upon Confirmation of Account 126.60 Sub-Total: 67,782.38 ( Note: Value as of January 15, 2010: $50,934.77 ) Estate of Virginia Taylor Page 9 4) Robert Wayne Taylor 349 South Balliet Street Frackville, PA 17931 1/4 Residuary Estate Pursuant to Will Paragraph Fourth In-Kind Distributions of Stock: 111 Shares AT&T Common Stock at DOD Value DOD Value of $30.70 per share is tax basis. Value January 15, 2010 $25.79 per share or $2,862.69 total. 15 Shares MetLife Common Stock at DOD Value DOD Value of $52.81 per share is tax basis. Value January 15, 2010 $37.85 per share or $567.75 total. 633 Shares Schlumberger Ltd Common Stock at DOD Value DOD Value of $96.23 per share is tax basis. Value January 15, 2010 $70.83 per share or $44,835.39 total. 67,782.37 3,407.70 792.15 60,913.59 Partial DistnbutionAugust 11, 2009 2,542.33 Cash Distribution Upon Confirmation of Account 126.61 Sub-Total: 67,782.38 ( Note: Value as of January 15, 2010: $50,934.77) - DISTRIBUTION SUMMARY Balance for Distribution Duane V. Green Linda Carol Clements Dawn Elva Rowan Robert Wayne Taylor Total Distributions (At DOD value for in kind stock) $271,129.52 67,782.38 67,782.38 67,782.38 67,782.38 271,129.52 Estate of Virginia Taylor Page 10 COMMONWEALTH OF VIRGINIA COUNTY OF ~ : , . - S S .: ~ ~ y1- 3 F ~ ~J I l ~ Before me, the undersigned officer, personally appeared Duane V. Green, Executrix of the Last Will and Testament of Virginia Taylor, Deceased, who, being duly sworn according to law, desposes and says that the foregoing First and Final Account and Proposed Schedule are true and correct to the best of her knowledge, information and belief. ~~•.••••"~N•.,~~ ~~~ GIN ,.... /~sO ~i~ a ~• PUBLIC :~ Z G # 252558 Duane V. Green ~ ; MY Cp~{MISSION; Q n '. EXPIRES ; ~ ' Sworn to and subscribed before me °:~~~'•. 0413012011,: ~c~ .• • this ~ day of -1 G~ n...~C1; ~ ~ \ ~ °~~ri~ ;'~AL7 ~ 0~ •~~~ ~, ~ •~~• ~~ ~-- ~~ tea t ~'~ `~.~ S Estate of Virginia Taylor Page 11