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HomeMy WebLinkAbout05-03-11COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-10-0008 ESTATE OF WILLIAM J FENTON, SR., DECEASED Late of Cumberland County , PA FAMILY SETTLEMENT AGREEMENT AND RELEASE OF CYNTHIA A FENTON, ADMINISTRATOR Date of Death: October 2, 2009 Letters Granted: January 6, 2010 First Complete Advertisement of Grant of Letters: September 7, 2010 Account stated to: May 2, 2011 cam. C.~ V ~ ~ w ~ o ~ . ~ . - _.:~ > oot~ c~ G~ c,.= c~ ~cn~ c. ~ ~-~ ~,-~ ~- ~.~, ~.,..' ..Cz a. a ~~.^~.~ cc ~ p C"+d John C Oszustowicz, Esq. 104 South Hanover Street Carlisle, PA 17013 (717) 243-7437 ~' AGREEMENT TO INDEMNIFY, RECEIPT, AND RELEASE THIS AGREEMENT, by and among Cynthia A Fenton, Administrator of the Estate of William J Fenton, Sr., Deceased and Cynthia A Fenton WHEREAS, William J Fenton, Sr. died October 2, 2009, intestate, a resident of Cumberland County, Pennsylvania; and WHEREAS, William J Fenton, Sr. died intestate, the sole surviving beneficiary is Cynthia A Fenton; and WHEREAS, Letters Administration were issued to Cynthia A Fenton on January 6, 2010; and WHEREAS, said Administrator has duly administered the estate according to the laws of the Commonwealth of Pennsylvania; and WHEREAS, Cynthia A Fenton has been furnished with a complete listing of the estate assets, receipts and disbursements; and WHEREAS, it is the desire of the parties to this Agreement that final distribution of this estate be accomplished without a formal accounting to the Orphans' Court Division of the Court of Common Pleas of Cumberland County, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting. NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements recited herein, the parties do agree as follows: 1. Cynthia A Fenton does hereby release and forever discharge Cynthia A Fenton, Administrator, from any and all liability which she had or may have or which may from time to time arise in connection with her service as Administrator of the Estate of William J Fenton, Sr., Deceased, and hereby authorize and request the Orphans' Court Division to charge the same against her share of said estate, and in consideration for said distribution, hereby agree to refund any amounts so distributed which may be required to fully discharge any tax liability of the estate, debts of the decedent, or administration expenses. 2. Each party to this Agreement acknowledges that this Agreement shall be indexed and recorded in the estate proceedings and that the terms hereof shall be binding upon their respective heirs, successors, administrators, administrators and assigns. This Agreement shall be governed by the laws of the Commonwealth of Pennsylvania. DATED this ~_ day of , 2011. r ~' `~~~~, Witness ~:~ Witness v~ Cynt is A Fenton, Administrator ~~ ~Ol-~ C hia A Fenton, Beneficiary