Loading...
HomeMy WebLinkAbout11-19-10 (2)i - l~~- X50; RECEIPT AND RELEASE LAW OFFICES SNELBAKER 8C BRENNEMAN, F.C. WHEREAS, Milton R. Weber, late of Mechanicsburg Borough, County of Cumberland and Commonwealth of Pennsylvania, died on April 24, 2008, having first made his Last Will and Testament in writing probated before the Register of Wills of said Cumberland County on May 6, 2008, and Letters Testamentary were issued on the same date to Phyllis I. Weber, the Executrix named in the Last Will and Testament of .said Decedent; and WHEREAS, said Executrix has entered upon and completed her administration of said Decedent's Estate as set forth in her First and Final Account attached hereto, and intend to distribute the net balance of the assets of said Estate to the persons named in the Statement of Proposed Distribution also attached hereto, both of said documents being incorporated herein by reference thereto; and NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that we, Gary B. Weber and Steven T. Weber, Trustees for the Phyllis I. Weber Marital Trust, and Phyllis I. Weber individua.l.1-y and in her own right, 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, ham exam~red the attached Account and Statement of Proposed Distri~ ~' on, d €~r1-c~ ~~~~ i-_ -~ ~ rte- ~ '' `-__~ G'3 ~ ~ -' ~ +~' ~~« 3~ 1 _.~~ Ti "'r C~ .D ~ . ~ '~'~ C3 ~ __, ~ 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 Phyllis I. Weber, Executrix of the Estate of Milton R. Weber, the cash, personalty and/or other assets set opposite our names in the above mentioned Statement of Proposed Distribution, in full satisfaction, payment and discharge of all such sum or sums of money, legacies and bequests, share or shares, purparts 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 Milton R. Weber, Deceased. NOW, THEREFORE, we, and each of us, the said Gary B. Weber and Steven T. Weber, Trustees for the Phyllis I. Weber Marital Trust, and Phyllis I. Weber, do by these presents, remise, release, quit-claim and forever discharge the said Phyllis I. Weber, Executrix, her 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 settlement of said Estate by filing the foregoing Account of said administration in the Office of the Register of Wills of said LAW OFFICES II SNELBAKER & 2 BRENNEMAN, P.C. Cumberland County and by having the balance in the hands of the Executrix, 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 of Proposed Distribution 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 said Court of Common Pleas - Orphans' Court Division, that we, and each of us, the said Gary B. Weber and Steven T. Weber, Trustees for the Phyllis I. Weber Marital Trust, and Phyllis I. Weber, 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 Executrix such amounts thereof as may be necessary to pay such debts or demands. LAW OFFICES II SNELBAKER & 3 BRENNEMAN, P.C. IN WITNESS WHEREOF, we have hereunto set our hands and seals this ~g ~ day of ©~~~ 2010. `\ ,r ~; ~'< (SEAL ) Ga B. Weber, Truste U `'' (SEAL) Steven T. Weber, Trustee n ~,~~-~l-c.... ~ ~ °~ ~ ~ ' s"~ `-'' :'~, .+L'' ~ SEAL ) ` by is I. Weber WITNESSED BY: LAW OFFICES II SNELBAKER & 4 BRENNEMAN, P.C. COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) On this the o2~'h day of ~e~e,/1~ 2010, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Gary B. Weber, Trustee for the Phyllis I. Weber Marital Trust, and Phyllis I. Weber, 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 I seal. ~~~~~~ Notary Public COMMONWEALTH OF PENNSYLVANIA Notarial Seal Sandra K Showers, Notary Public M~~ t3oro, Cumbed~d County My Cor-wrtisston E~ires Nov. 22, 2{119 Member, Pennsylvania Association of Notaries LAW OFFICES II SNELBAKER 8c S BRENNEMAN, P.C. STATE OF TEXAS ) ~(' SS. COUNTY OF p TT Q ~ ) On this the / O~day of !Vn ~,~~,~ 2010, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Steven T. Weber, Trustee for the Phyllis I. Weber Marital Trust, 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 co~~tained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. w JAMES H. HAILS NOTARY PUBLIC, Notary Public STATE OF TEXAS My Commission Expires 06-22.2013 LAW OFFICES II SNELBAKER 8C 6 BRENNEMAN, P.C. ESTATE N0.21-08-0505 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY PHYLLIS I. WEBER, EXECUTRIX OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF MILTON R. WEBER, DECEASED, LATE OF MECHANICSBURG BOROUGH CUMBERLAND COUNTY, PENNSYLVANIA Phyllis I. Weber, Executrix as aforesaid and Accountant herein, avers as follows: DATE OF DECEDENT'S DEATH: April 24, 2008 DATE LETTERS TESTAMENTARY ISSUED: May 6, 2008 DATES EXECUTRIX NOTICE ADVERTISED: Cumberland Law Journal May 16, 23, 30, 2008 Patriot-News May 14, 21, 28, 2008 FIRST AND FINAL ACCOUNT PERSONALTY -PRINCIPAL ACCOUNT DEBITS .The Accountant charges herself with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1. U.S. Savings Bond, Series EE with face value of $100.00 $ 145.20 2. PNC Investments, investment account #5094-0098 32,231.26 3. Morgan Stanley, investment account #410-015273-095 451,614.40 4. Morgan Stanley, investment account #410-015268-095 107,330.89 5. Utility Trailer 800.00 6. Morgan Stanley, investment account #410-015268-095, adjustments/rebates 793.11 7. Morgan Stanley, investment account #410-056425-095, branch deposits 2,755.85 8. Morgan Stanley, gain on PNC Calls 13,356.86 TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: $ 609,027.57 PERSONALTY -PRINCIPAL ACCOUNT CREDITS LAW OFFICES SNELBAKER S( BRENNEMAN, P.C. The Accountant claims credit for the payment of the following items from Decedent's Personalty Account: 1. Funeral luncheon, organists, custodian, soloist and minister services $ 1,825.00 2. Gingrich Memorials, grave marker 410.00 3. Malpezzi Funeral Home, funeral services 1,568.76 4. RSR Appraisers & Analysts, real estate appraisal fee for Pennsylvania property 350.00 5. Curtis Waller Appraisal Services, appraisal fee for Florida properties 750.00 6. Register of Wills, additional probate fee 320.00 7. Greenawalt & Company, P.C., preparation of Fiduciary Taxes ending 3/31/09 800.00 8. Register of Wills, filing fee for Supplemental Inheritance Tax return 15.00 9. Allied Van Lines, tools shipped to Steve 1,807.25 10. Janet Meredith, memorial stone at church 74.73 11. Presbyterian Church, memorial 500.00 Page 1 12. Dave Rowe, appraisal fee 100.00 13. Cumberland Stained Glass, memorial window 7,500.00 14. PNC Bank, charge for administering life insurance trust 1,500.00 15. Charles L. Sieck, attorney fees for transferring Florida property 1,447.70 16. McNees, Wallace & Nurick, LLC, attorney services 450.00 17. Greenawalt & Company, P.C., preparation of Fiduciary Taxes ending 3/31/10 380.00 18. PNC Bank, net loss on investment account # 5094-0098 1,887.51 19. Morgan Stanley, net loss on stocks 61,470.62 20. Morgan Stanley, loss on value of bonds from purchase price to transfer 43,082.52 to Marital Trust account #410-057133-000 21. Morgan Stanley, annual service fee on account #410-056425-095 300.00 22. Morgan Stanley, account #410-015268-095, stock fees and charges 340.91 23. Broward County FLA EDL Authority Bond, loss 2,863.25 24. Morgan Stanley, account #410-056425 -agent stock fee 0.20 25. Morgan Stanley, transfer to marital trust account #410-057133-000 422,883.50 26. Wildcat Foundation, memorial 5,000.00 27. Snelbaker & Brenneman, P.C., payment on attorney services 8,000.00 28. Cemetery Association, memorial 2,500.00 29. Phyllis I. Weber, payment of family exemption 3,500.00 30. Snelbaker & Brenneman, P.C., attorney services 850.00 31. Snelbaker & Brenneman, P.C., costs advanced: 378.17 a. Register of Wills, probate fees 140.00 b. Register of Wills, filing fee for Inheritance Tax return 15.00 c. Cumberland Law Journal, advertise Executrix Notice 75.00 d. Patriot-News, advertise Executrix Notice 148.17 TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: $ 572,855.12 PERSONALTY -INCOME ACCOUNT DEBITS The Accountant charges herself with the receipt of the following income from the investment of Personalty Principal: 1. U.S. Savings Bond, series EE, face value $100.00 $ 11.96 2. Morgan Stanley, account #410-056425-095, interest & dividends 7,599.27 3. Morgan Stanley, account #410-015268-095, interest & dividends 993.77 TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS: $ 8,605.00 PERSONALTY -INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Personalty Principal Account: 1. United States Treasury, 2008 (1040) Final Individual Income taxes $ 14,409.00 2. PA Department of Revenue, Fiduciary taxes ending 3/31/09 156.00 3. PA Department of Revenue, Fiduciary taxes ending 3/31/10 70.00 TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS: $ 14,635.00 LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 2 REAL ESTATE -PRINCIPAL ACCOUNT DEBITS Accountant charges herself with the receipt of Decedent's Real Estate as follows: $ NONE TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS: $ NONE REAL ESTATE -PRINCIPAL ACCOUNT CREDITS Accountant claims credit for the payment of the following items from Real Estate Principal Account: $ NONE TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS: $ NONE REAL ESTATE -INCOME ACCOUNT DEBITS Accountant charges herself with the receipt of the income from the investment of Real Estate Principal Account: $ NONE TOTAL, REAL ESTATE, INCOME ACCOUNT, DEBITS: $ NONE REAL ESTATE -INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Real Estate Income Account: $ NONE TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: $ NONE LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 3 LAW OFFICES SNELBAKER EC BRENNEMAN, P.C. RECAPITULATION 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: TOTAL FOR DISTRIBUTION: Page 4 $ 609,027.57 $ 572,855.12 $ 36,172.45 $ 8,605.00 14,635.00 $ (6,030.00) $ NONE ~ rvntiF $ NONE $ NONE $ NONE $ NONE $ 30,142.45 $ NONE $ 30,142.45 STATEMENT OF PROPOSED DISTRIBUTION LAW OFFICES SNELBAKER EC BRENNEMAN, P.C. Phyllis I. Weber, Executrix and Accountant herein, proposes to stribute the balance of the Estate of Milton R. Weber, Deceased, to wit: 30,142.45 in accordance with the Last Will and Testament of said Decedent > follows: Gary B. Weber and Steven T. Weber, Trustees for the Phyllis I. Weber, Marital Trust 100% of residue as per Item 9 of Will Phyllis I. Weber a. Utility trailer, In-Kind b. Cash from savings bond, In-Kind i4L FOR DISTRIBUTION: $ 29,185.29 $ 957.16 800.00 157.16 $ 30,142.35 Page 5 COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF CUMBERLAND Phyllis I. Weber, being duly sworn according to law deposes and says: that she is the Executrix of the Estate and under the Last Will and Testament of Milton R. Weber, Deceased, and the Accountant 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 her knowledge, information and belief. _.., ~~ ~~ J.~- Phyllis I. Weber ~' Executrix and Accountant Sworn to and subscribed before me this~~~ day ofQc'~ b~I'~ 2010 ~} t /+~ Notary Public COMMONWEALTH OF PENNSYLVANIA Notarial! SCI Sandra K. Sttovua~s, Notary Public Mechanicsbtug eoro, 4''~tmt;erlartd County My Cormnission E~rr~ Nov. 22, 2011 AAember, Pennsylvania Asaociatlon of Notaries LAW OFFICES SNELBAKER & BRENNEMAN, P.C. Page 6