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HomeMy WebLinkAbout03-11-10 (2)RECEIPT AND RELEASE WHEREAS, Helen Arlene Donovan late of Penn Township, County of Cumberland and Commonwealth of Pennsylvania, died on March 14, 2007, having first made her Last Will and Testament in writing probated before the Register of Wills of said Cumberland County on March 27, 2007, and Letters Testamentary were issued on the same date to Robert Lee Donovan and William Harold Donovan, the Executors named in the Last Will and Testament of said Decedent; and WHEREAS, said Executors has entered upon and completed their administration of said Decedent's Estate as set forth in their First and Final Account attached hereto, and intends to distribute the net balance of the assets of said Estate to the ~. ~_,_., :~~:~ '~ per~r~-s named in the Statement of Proposed Distribution also .>,.~-; at~~i,~d hereto, both of said documents being incorporated herein ,_..... ~.I r .,, ..y by~'~'~~~.~rence thereto; and ..., ._ ... ~. . ~ _ .. . ~_..- ~_.. .a.- t_._ `-''~ ~~~~ pW KNOW ALL MEN BY THESE PRESENTS, that we, Brenda J. i~~ ... ~. ~. C..7 Beecher, Brenda J. Beecher Executrix for Estate of Marjorie M. Donovan, Robert Lee Donovan, Ronald Eugene Donovan and William Harold Donovan, being the principal legatees and distributees named in the Will of said Decedent and the persons entitled to share in the residuary distribution of the Estate of said Decedent, do hereby declare and say that we, and each of us, have LAW OFFICES SNELBAKER & 1 BRENNEMAN, P.C. i ~, examined the attached Account and Statement of Proposed Distribution, and find the same to be true and correct, and in strict accordance with the terms and provisions of said Will, and we do hereby acknowledge that we, and each of us, this day have, had and received of and from Robert Lee Donovan and William Harold Donovan, Executors of the Estate of Helen Arlene Donovan, the cash/personalty set opposite our names in the above Statement of Proposed Distribution, in full satisfaction, payment and discharge of all such sum or sums of money, legacies and bequests, share or shares, purports and dividends which were due, owing and payable and belonging to us, and each of us, by any means whatsoever, for or on account of our full share, part or dividend of the Estate of Helen Arlene Donovan, Deceased. NOW, THEREFORE, we, and each of us, the said Brenda J. Beecher, Brenda J. Beecher Executrix for Estate of Marjorie M. Donovan, Robert Lee Donovan, Ronald Eugene Donovan and William Harold Donovan, do by these presents, remise, release, quit-claim and forever discharge the said Robert Lee Donovan and William Harold Donovan, their heirs, executors and administrators, of and from our said shares or dividends of the Estate aforesaid, and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, for or by reason thereof, or of any act, matter, cause or thing whatsoever, from the beginning of the world to the day and date of these presents. AND, desiring to avoid the delay and expense of the LAW OFFICES SNELBAKER 8c 2 BRENNEMAN, P.C. settlement of said Estate by filing the foregoing Account of said administration in the Office of the Register of Wills of said Cumberland County and by having the balance in the hands of the Executors, as shown by said Account, distributed by the Court of Common Pleas of Cumberland County - Orphans' Court Division, we, and each of us, do hereby agree that the foregoing Account and Statement concerning the matter of settlement may be recorded with the same effect upon us, and each of us, as if the same had been reported upon by said Court, in a decree of distribution made on such proposed Statement of Distribution by the said Court of Common Pleas - Orphans' Court Division. AND in consideration of the aforesaid settlement being made without the aid of such Court of Common Pleas - Orphans' Court Division, that we, and each of us, the said Brenda J. Beecher, Brenda J. Beecher Executrix for Estate of Marjorie M. Donovan, Robert Lee Donovan, Ronald Eugene Donovan and William Harold Donovan do hereby agree that if any debts or demands other than those included in the above referenced First and Final Account, as hereinbefore set forth, shall be hereafter recovered against the Estate of said Decedent and be legally payable out of the same, that we, and each of us, will return to the said Executors such amounts thereof as may be necessary to pay such debts or demands. LAW OFFICES SNELBAKER SC 3 BRENNEMAN, P.C. IN WITNESS WHEREOF, we have hereunto set our hands and seals this ~~''~ day of ~~~, 2010. WITNESSED BY: ~~'> ~ ~ ( SEAL ) Brenda J. Beecher Kc~, ~ ( SEAL ) Brenda J. Veec er Executrix for the Estate of Marjorie M. Donovan Robert Lee Donovan EAL ) Ronald Euge e Donovan ~~'~4~~1M~_~itar~i~ oy,~[/J~~.t/~- ( SEAL ) William Harold Donovan LAW OFFICES SNELBAKER 8c 4 BRENNEMAN, P.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) On this the ~ '4'h day of Ma~`~-~- 2010, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Brenda J. Beecher, individually and as Executrix for the Estate of Marjorie M. Donovan known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public COM1190NWEALTH OF PENN5YiLVAN1A NOTARIAL SEAL JODY L. GILBERT, Notary Public Newville Boro., Cumberland County My Commission Expires August 6, 2012 LAW OFFICES SNELBAKER 8c 5 BRENNEMAN, P.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) On this the ~~~, day of ~~~~ 2010, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Robert Lee Donovan and William Harold Donovan, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. 5~~~ Notary Public COMMONWEALTF~ OF PENNSYLVANIA N9~ari~i ~a~,.~ll Sandra K Shaw~xs, t~lotary t~ublio Mechanicsburg Sotri, ~.umberjand County My Cornrni~sion Expires Nov. 72, 2Q11 _ Member, Pennsyl~a~nia Association of Notaries LAW OFFICES SNELBAKER SC 6 BRENNEMAN, P.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) On this the ~~~~ day of /VI~C~ 2010, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Ronald Eugene Donovan, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. ~~.~~ Notary Public COMMONVUEAI,TF~_OF >aENNSYLVANIA I~Jcrfiarial Seal Sandra K. Sh®wr~s, Notary Pt~c AAechanicsb~rg i&~rr~, Curr~berfand Cot~yr My Commission Expires Nov. 22.2011 Member, Pennsylvania Association of Notaries LAW OFFICES SNELBAKER i3c ~ BRENNEMAN, P.C. ESTATE NO. 21-07-0288 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY ROBERT LEE DONOVAN AND WILLIAM HAROLD DONOVAN, EXECUTORS OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF HELEN ARLENE DONOVAN, DECEASED, LATE OF PENN TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA Robert Lee Donovan and William Harold Donovan, Executors as aforesaid and Accountants herein, avers as follows: DATE OF DECEDENT'S DEATH: March 14, 2007 DATE LETTERS TESTAMENTARY ISSUED: March 27, 2007 DATES EXECUTOR NOTICE ADVERTISED: Cumberland Law Journal April 6, 13, 20, 2007 The Sentinel April 13, 20, 27, 2007 FIRST AND FINAL ACCOUNT PERSONALTY -PRINCIPAL ACCOUNT DEBITS LAW OFFICES SNELBAKER SC BRENNEMAN, P.C. 'he Accountants charge themselves with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1. United States Treasury Bonds, 7 EE bonds with a face value of $50.00 each and 98 E Bonds with a face value of $50.00 each 2. 1985 Chevrolet Celebrity, appraised value 3. Cash found in safe deposit box 4. Highmark, refund unused premium 5. Household goods retained by family members 6. Proceeds from sale of cement mixer 7. Proceeds from sale of household goods 8. Refund due the Decedent on medical expenses 9. Social Security benefit due the decedent 10. United States Treasury, refund due the decedent on 2007 Final 1040 returns 11. United States Treasury, refund due the decedent on 2006 1040 returns 12. Embarq, refund overpayment made by the estate on phone service 13. Nationwide, refund unused premium on auto insurance 14. Erie Insurance Group, refund on homeowners insurance 15. Social Security benefit for January 2007 16. Highmark, refund on medical services 17. Commonwealth of Pennsylvania, refund on Inheritance Tax 18. Adams County National Bank, proceeds from joint accounts, #115738 & 1595105 TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: $ 25,741.88 400.00 11.00 313.65 760.00 135.00 444.75 32.00 127.00 279.00 453.00 29.87 114.30 23.00 127.00 10.06 279.49 20,738.95 $ 50,019.95 Page 1 PERSONALTY -PRINCIPAL ACCOUNT CREDITS PERSONALTY -INCOME ACCOUNT DEBITS 'he Accountants claim credit for the payment of the following items from Decedent's Personalty Account: 1. Hershey Auction Service, LLC, commission on sale of household goods 2. Fogelsanger-Bricker Funeral Home, funeral services 3. Embarq, phone service 4. Penn Rehab Associates, medical services 5. Nationwide Insurance Co. auto and homeowners insurance 6. Dan Hershey Auctioneering, appraisal fee 7. Register of Wills, Agent, estimated Inheritance Tax payment 8. Cumberland Crossings, medical services 9. Commonwealth of Pennsylvania, auto registration fee 10. Coons Garage, auto inspection 11. Register of Wills, filing fee for Inheritance Tax return 12. Snelbaker & Brenneman„ P.C., attorney services 13. Snelbaker & Brenneman, P.C., costs advanced: a. Register of Wills, probate fee b. Cumberland Law Journal, advertise Executors notice c. The Sentinel, advertise Executors notice d. Register of Wills, short certificates 14. Reserve for filing fees, accountant fees and other miscellaneous expenses associated with the Decedent's estate TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: ~e Accountants charge themselves with the receipt of the following income from the investment of Personalty Principal: 1. United States Treasury Bonds, interest 2. Adams County National Bank, interest on estate checking account TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS: 310.00 75.00 180.59 8.00 155.66 9,628.90 48.72 25.65 429.13 75.00 6,000.00 200.00 36.00 171.08 15.00 3,500.00 573.59 1,000.00 PERSONALTY -INCOME ACCOUNT CREDITS LAW OFFICES SNELBAKER SC BRENNEMAN, P.C. ie Accountant claims credit for the payment of the following items from the Personalty Principal Account: 1. Greenawalt & Company, P.C., preparation of 2007 Individual tax returns 2. United States Treasury, Fiduciary Income taxes ending 2/28/09 3. Greenawalt & Company, P.C., preparation of Fiduciary Income taxes 2/28/09 TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS: $ 21, 858.73 $ 344.06 35.10 $ 379.16 $ 225.00 5,156.00 350.00 $ 5,731.00 Page 2 REAL ESTATE -PRINCIPAL ACCOUNT DEBITS ie Accountants charge themselves with the receipt of Decedent's Real Estate as follows: 1. Property known and numbered as 83 Hays Grove Road, Penn Township Cumberland County, Newville, PA 17241 appraised value 2. Adjustment at real estate settlement for city and school taxes 3. Gain on sale of real estate from the appraised value and sale value TOTAL, REAL'ESTATE, PRINCIPAL ACCOUNT, DEBITS: REAL ESTATE -PRINCIPAL ACCOUNT CREDITS ~e Accountants claim credit for the payment of the following items from Real Estate Principal Account: 1. Adjustment at real estate settlement for transfer tax 2. Mable G. Stitt, Tax Collector, real estate taxes 3. PPL Electric, electric service 4. Diversified Appraisal Service, real estate appraisal fee 5. Erie Insurance, homeowners insurance 6. Timmons Oil, Inc., heating oil TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS: REAL ESTATE -INCOME ACCOUNT DEBITS Accountants charge themselves with the receipt of the income from the investment of Real Estate Principal Account: TOTAL, REAL 'ESTATE, INCOME ACCOUNT, DEBITS: REAL ESTATE -INCOME ACCOUNT CREDITS LAW OFFICES SNELBAKER SC BRENNEMAN, P.C. he Accountants claim credit for the payment of the following items from the Real Estate Income Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: $ 115, 000.00 842.36 35,000.00 $ 150, 842.36 $ 1, 500.00 4,425.57 1,069.98 300.00 1, 040.00 2,914.77 $ 11,250.32 $ NONE $ NONE $ NONE $ NONE Page 3 C RECAPITULATION NALTY: PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL PERSONALTY PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL REAL ESTATE: $ 50, 019.95 $ 21, 858.73 28,161.22 $ 379.16 $ 5,731.00 $ (5,351.84) $ 22, 809.38 $ 150, 842.36 $ 11,250.32 $ 139, 592.04 $ NONE $ NONE $ NONE $ 139, 592.04 $ 162,401.42 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 4 LAW OFFICES SNELBAKER SC BRENNEMAN, P.C. STATEMENT OF PROPOSED DISTRIBUTION Robert Lee Donovan and William Harold Donovan, Executors and Accountants herein, proposes to distribute the balance of the Estate of Helen Arlene Donovan, Deceased, to wit: $ 162,401.42 in accordance with the Last Will and Testament of said Decedent as follows: 1. Brenda J. Beecher 1/5 of residue per Item Two of Will $ 32,480.28 a. Household goods retained In-Kind $ 225.00 b. Cash $ 32,255.28 Estate of Marjorie M. Donovan Brenda J. Beecher, Executrix 1/5 of residue per Item Two of Will a. Cash Robert Lee Donovan 1/5 of residue per Item Two of Will a. Household goods retained In-Kind b. 1985 Chevrolet Celebrity, retained In-Kind c. Cash Ronald Eugene Donovan 1/5 of residue per Item Two of Will a. Household goods retained In-Kind b. Cash 5. William Harold Donovan 1/5 of residue per Item Two of Will a. Household goods retained In-Kind b. Cash OTAL FOR DISTRIBUTION: $ 32,480.28 $ 32,480.28 $ 32,480.29 $ 110.00 $ 400.00 $ 31,970.29 $ 32,480.28 $ 25.00 $ 32,455.28 $ 32,480.29 $ 400.00 $ 32, 080.29 $ 162,401.42 Page 5 t COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND SS: Robert Lee Donovan and William Harold Donovan, being duly sworn according to law deposes and says: that they are the Executors of the Estate and under the Last Will and Testament of Helen Arlene Donovan, Deceased, and the Accountants herein; that there are no unpaid creditors or claimants of said Estate; that there are no persons interested in the distribution of said Estate other than as stated in the foregoing Statement of Proposed Distribution; and that the facts set forth in the foregoing First and Final Account and Statement of Proposed Distribution are true and correct to the best of their knowledge, information and belief. ~, Robert Lee Donovan Executor and Accountant William Harold Donovan Executor and Accountant Sworn to and subscribed before me this' day of ~~~ 2010 Notary Public COMMONWEALTH OF PENNSYLVANIA Notarial Seal Sandra K Showers, Notary Public Mechar-icsburg~ Boro, Cumbe~iand County My Commission E~ires-Nov. 22.2011 LAW OFFICES Member, Pennsylvania Association of Notaries SNELBAKER & BRENNEMAN, P.C. 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