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HomeMy WebLinkAbout03-29-11 (2)FAMILY SETTLEMENT AND FINAL RELEASE IN THE ESTATE OF EDWARD E. BIGLER ~ ~~r~ .~~~ n ,-- o ..~, ~-~ ESTATE NUMBER 21-10-711 `~;zc~ ~ ~" _~'~ ~~~ 'f-7 KNOW ALL MEN BY THESE PRESENTS, that: ~~~ -~:" '~;, :~ WHEREAS, Edward E. Bigler, late of Cumberland County, Pennsylvania, died. testate on March 22, 2010, having first made his last Will and Testament which was duly executed on July 22, 1997; and, WHEREAS, the said last Will and Testament named Paul Sheffer as Executor of the Estate of Edward E. Bigler; and, WHEREAS, Paul Sheffer was appointed Executor of the Estate of Edward E. Bigler on July 15, 2010; and, WHEREAS, the Executor has filed the Pennsylvania Inheritance Tax Return in this estate which has been confirmed by the Department of Revenue; and, WHEREAS, all of the decedent's assets have been gathered by the Executor and the decedent's debts and expenses of administration have been paid. NOW, THEREFORE, KNOW YE, that we, being the sole residual beneficiaries of Edward E. Bigler do hereby acknowledge that we have this day acknowledged our agreement to receive from the Executor the sum of $2,300.00, in full satisfaction and payment of all sum or sums of money, legacies, bequests, and devises as are given, devised and bequeathed to us by Edward E. Bigler, due to us under his said Last Will and Testament. ~+~„- AND, we do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we agree that no account is necessary and we do hereby agree that we do consent to distribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if they had been filed and confirmed by the Orphans' Court Division of the Court of Common Pleas of Cumberland County; AND FURTHER, we do release the said Executor from any and all claims against him for his administration of this estate and any and all other matter affecting the administration of the estate. IN WITNESS WHEREOF, we have hereunto set our hand and seal the day and year below written opposite my name. ,~~, ~,,, ~'~, (SEAL) artha A. Sheffer Adele M. Bigler Date: 3 -' f~ -- ~~ ~ ~ ~ Date: Elizabeth A. Wilson (SEAL) SEAL) Date: eb stipulate that in order to avoid the expense and time involved AND, we do her y al account and schedule of distribution, we agree that no account is m the filing of a form made and we do hereby agree that we do consent to distribution being necessary of an account and schedule of distribution, the same to be with the without the filing ect as if they had been filed and confirmed by the Orphans' Court same force and eff Division of the Court of Common Pleas of Cumberland County; ainst FURTHER, we do release the said Executor from any and all claims ag AND administration of this estate and any and all other matter affecting the him for his administration of the estate. ITNESS WHEREOF, we have hereunto set our hand and seal the day and IN W year below written opposite my name. ~~ ~ ~ AL) (SEAL) Adele M. Bigler Martha A. Sheffer ~ = a3 a O `/ Date: d Date: SEAL) Elizabeth A. Wilson Date: AND, we do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we agree that no account is necessary and we do hereby agree that we do consent to distribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if they had been filed and confirmed by the Orphans' Court Division of the Court of Common Pleas of Cumberland County; AND FURTHER, we do release the said Executor from any and all claims against him for his administration of this estate and any and all other matter affecting the administration of the estate. IN WITNESS WHEREOF, we have hereunto set our hand and seal the day and year below written opposite my name. (SEAL). (SEAL) Martha A. Sheffer Adele M. Bigler Date: Date: ~~~'" (SEAL) izabeth A. Wilson Date: ~ ~'~ SUMMARY OF EXECUTOR'S ACCOUNT I. ASSETS: 1. M&T Bank Checking $12,527.16 2. Citizens Bank Checking $4,866.66 3. Federal Income Tax Refund $769.16 TOTAL ASSETS ESTATE ADMINISTRATION COSTS 1. Attorney's Fees 2. Executor Fee 3. Probate, Filing, Advertising, Etc. 4. PA Inheritance Tax 5. Claremont Nursing Home TOTAL COSTS $1,145.50 $750.00 $786.64 $281.74 $8,250.00 I11. BALANCE FOR DISTRIBUTION: $6,949.10 IV. PROPOSED DISTRIBUTION TO HEIRS 1. Martha A. Sheffer $2,300.00 2. Adele M. Bigler $2,300.00 3. Elizabeth A. Wilson $2,300.00 $18,162.98 11,213.88 IV. RESERVE FOR FILING FEES/POSTAGE COPIES $49.10