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HomeMy WebLinkAbout02-14-11 n r- ~ ~~ _ ~ ~~ ~ ~ W ,.~ ~ ~' cn x- ~; "---i r~ ~~ ~-~ i _ ~ IN RE: ESTATE OF cry rn ~ IN THE COURT OF COMMON PLEAS ~ ~ ~' KEVIN C. MCCREADY OF CUMBERLAND COUNTY,PENNA . : ORPHANS' COURT DIVISION N0.21-09-0890 SETTLEMENT AND FINAL RELEASE WHEREAS, Darlene W. McCready and William M. McCready, Jr., are the Administrators of the Estate of Kevin McCready, through: their attorney, William P. Douglas, respectfully represents: 1. Kevin C. McCready, who resided at 12 Bottom Lane, Newville, PA, died intestate on September 10, 2009. and 2. Letters of Administration were granted to Petitioners on September 24 the estate was advertised i h , 2009, n t e Evening Sentinel on Oct. 9, 16, 23, 2009, and in the Cumberland Law Journal on Oct. 16, 23,30, 2009. 3. The assets in the estate are as follows: 1 • 2• Volkswagon vehicle, blue book value Erie Insurance i $2,162.00 3• , car nsurance refund Trust Mark Ins., health insurance refund 327.00 4• House and land, 12 Bottom Lane, Newville, PA, owned jointly by right of surviv hi 117,000.00 5• ors p with Craig Boyd Land - 7 A+, 27 Bottom Lane, Newville, PA, owned jointly tenants in com 30,SOU.OU , mon, with Darlene W. and William M. McCready Jr. and Craig Boyd 8 • IRS Refund 2009 9• 1 Share of Ahold Stock 1417.00 10. Refund Overpayment of Taxes 11.71 11 • Register of Wills Agent 2,339.76 TOTAL 62.39 $153,841.62 4. Expenditures made on behalf of the Estate of Kevin C. McCready are: 1 Hoffman Roth Funeral Home 6 419 08 2• Pastor Richard Ruff , . 3• Georges Flowers 84.73 4• Organist 295.00 5• Evening Sentinel, thank you ad 25.00 83 20 6• Evening Sentinel, estate ad . 208 78 7• Cumberland Law Journal, Estate ad 75 00 8 Susan Burkholder, Diversified appraisals, real estate . 500.00 appraisals 9• PNC, installment loan, dod value $34,248.88, jointly 17 124.44 with Craig Boyd,1/2 debt , 10. PNC, line of credit loan, dod value $12,543.61, jointly 6 271.80 with Craig Boyd,1/2 debt , 11. Douglas Law Office 5 000 00 12. Cumberland Law Journal -Advertising , . 75 00 13. Cumberland County Recorder of Deeds . 30 75 14. Register of Wills -Amended Return . 15 00 15. Craig Boyd -Refund for payment of Taxes . 2 339 76 16. William and Darlene McCready Refund , . 1 656 72 17. Diversified Appraisals . 500 00 TOTAL . $40,704.26 5. Inheritance Taxes in the amount of $16,052.64 have been paid and approved as is evidenced by the attached Notice from the Department of Revenue. The total expenditures are therefore 56 756.90. 6. The said Kevin C. McCready was survived by his parents, Darlene W. and William M. McCready, Jr. RECAPITULATION Total Assets: Total Credits Balance for distribution To Darlene and William M. M 27 Bottom Lane, Newville, PA To Craig Boyd 12 Bottom Lane, Newville, PA 153,841.62 56,756.90 97,084.72 cCready, Jr. 30,500.00 117,000.00 Total distributed $147,500.00 WHEREAS, the balance for distribution has been distributed as set forth in the above schedule of distribution. NOW, THEREFORE we, the undersigned beneficiaries, being all of the beneficiaries of the said decedent and being those persons entitled to inherit do hereby, each of us, acknowledge that we have received from the aforesaid estate, in full satisfaction any sums of money due us. AND, each of us does hereby stipulate and agree that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, that rio account is necessary and we do hereby agree and consent to distribution being made without the filing of an account and schedule of distribution to be with the same force and effect as if filed and confirmed by the Orphans' Court Division of the Court of Commo~l Pleas of Cumberland County, PA. THEREFORE, each of us does hereby remise, release, quitclaim and forever discharge the said personal representative, his heirs, executors, and administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims, and demands whatsoever for or by reason thereof, or for any other use, matter, cause or thing whatsoever touching upon the estate of the said decedent. IN WITNESS WHEREOF, we have hereunto set our hands and seals this day of , 2011. Witness: Commonwealth of Pennsylvania . SS:, County of Cumberland ) ~A~x~.~l 1'l ~G.~~ SEA L Darlene W. McCrea y, Adm. Of Estate of Kevin C. McCready, and individually c EA L William Mc re y, Jr., Adm. Of Estate of Kevin C. McCready, and individually d~ SEAL aig oyd On this, the __ of - , 2011, before me, a Notary Public, the undersigned officer, personally appeared Wi iam M. McCready, Jr., and Darlene W. McCready, his wife, Administrators of the Esta e of Kevin C. McCready, and Craig Boyd, single man, known to me 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. D N tary NOTARIAL SEAL JANET M. LAY, NOTARY PUBLIC CARLISLE BORO, CUMBERLAND COUNTY MY COMMISSION EXPIRES JUNE 26, 2011 ~~~~ I