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HomeMy WebLinkAbout08-08-11COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYL~'.~NIA ORPHANS COURT DIVISION IN RE: ESTATE OF DONALD A. WION ) Estate No. 21-10-123 late of the Township of Upper ) Allen, Cumberland County, ) Pennsylvania ) n -.» rr!~ r~ ~1-i`-r-'~ y, -rt- - - ~_rt SETTLEMENT AGREEMENT ~ , ~ ~- _. , -~-,,, ,. This Agreement executed this )~~r day of ~~ ~~ ~ _~ , 2011;,' ~-~- ~~~ by and between: ~ v `'~ ~--' ,t DOUGLAS A.WION, of 1617 Regina Circle, State College, Pemnsylvania 16803, Executor and Ieneficiary of the Estate of Donald W. Wion, AND SUSAN J. BARTRAM, of 1204 Winter Hunt Road, McLean, Virginia 22102, Beneficiary of the Estate of Donald A. Wion, Background 1. Donald A. Wion died December 7, 2010, a resident of Upper Allen ~ ownship, Cumberland County, Pennsylvania, leaving a Last Will and Testament (Will) dated October 21, 1993. A true and correct copy of said Will is attached hereto and made a part hereof and marked Exhibit "A". 2. under said Wili the Decedent appointed Douglas A. Wion Executor (Executor). 3. Said Will was probated by the Register of Wills of Cumberland County, Pennsylvania, and Letters Testamentary were granted thereon to Douglas ,~. W"ion on December 16, 2010 (Estate). 4. The Executor bas proceeded with the administration of the Estate by taking charge of the assets of the Decedent; paying the legal debts of the Decedent; filing a Pennsylvania Inheritance Tax Return; and, paying the calculated tax due. 5. The Inheritance Tax Return was accepted as filed as evidenced by a closing Ictfer from the Inheritance Tax Division of the Department of Revenue of the Commonwealth of Pennsylvania dated May 16, 201 1. :'1 U-ue and correct ~.opy of said letter is attached hereto and made a part hereof and marked Exhibit "B". G. The parties hereto being all of the residuary beneficiaries of the Decedent , by the execution of this Agreement, have agreed that the Executor may proceed ~~~ make distribution of the residue of the Estate without the necessity of filing a First and Final Account with the Orphans Court of Cumberland County in order to expedite the distribution of the remaining assets of the Estate to the benelcianes. NOW, THEREFORE, the parties hereto intending to be legally bound hereby, mutually agree as follows: The parties hereto, and each of them, agree and acknowledge that they are satisfied that the Estate has been administered according to law and that distribution of the residue of the Estate shall be made by the Executor directly to the beneficiaries without the necessity of filing a First and Final Account and Schedule of Distribution /Account with the Orphans Court of Centre County. 2. The parties hereto, and each of them, agree and acknowledge that all expenses itemized on Exhibit "C" not heretofore paid shall be paid by the Executor as part of the expense of the administration of the Estate. 3. The parties hereto, and each of them, agree and acknowledge that the asscis of the Estate remaining for distribution are as follows: a. Estate Checking Accounts - $129,230.70 b. Certificates of Deposit - $476,929.59 TOTAL $606,160.3 8 4. The parties hereto, and each of them, agree and ackno~~-ledge that the following remaining expenses are to be paid from the Estate Checking Accounts prior to any distribution to the beneficiaries: A. Legal Fees $2,500.00 B. Cumberland County Register -Family Settlement Agreement Filing fee ,~~ 00 C. Copies /postage /misc. expenses ~~~ O0 TOTAL EXPENSES TO BE PAID $2,570.00 ~ The parties acknowledge that these certificates of deposit have not yct maturrd and are still hc:i~,l ~~, various banking institutions in the Name of Donald A. Wion. Unless utherwise mutually agreed by the parties, the amounts held in these certificates of deposit along with any interest earned thereon wil I be distributed as they mature in accordance with the schedule of distribution. -~- 5. After payment of these expenses, the balance remaining for distribution in the Estate Checking Accounts and Certificates of Deposit to the beneficiaries is 5603,590.38. 6. All amounts due the respective beneficiaries are set forth on a Schedule of Distribution attached hereto and made a part hereof and marked Exhibit "D". 7. The parties hereto agree and acknowledge that by the execution of this Settlement Agreement, they do hereby acquit, exonerate and discharge the Executor of the Estate, and each other individually, of and from all actions, suits, claims or demands, and further release and discharge the Executor (i-om the perfornrmce of any further duties with respect to the administration of the Estate, except for the distribution of the residue of the Estate in accordance with the te-ms of this Settlement Agreement and the Exhibits attached thereto. 9. The parties hereto agree and acknowledge that this Settlement Agreement may he signed in counterparts. IN WITNESS WHEREOF, the parties hereto, intending to be legally bowed hereby, have hereunto set their hands and seals the day and year first above written. WITNESS: n) y._ n C_- DOUG AS A. WION, mdividuallv and as Executor of the DO'x1ALD A. WION Estate ~"~''` 1~JGv, ~/~--- (SEA L SUSAN J. BA TRAM COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF' CENTRE ~ ON THE, the ...~L} day of ~, _ __ 20l 1, before me, a Notary Public, the undersigned officer, pers ally ppeared Douglas A. Wion, I:uown to me (o~- satisfa.ctorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she exec>rrted the same for the purpose therein contained. IN WI"TNESS WHEREOF, I have heretiulto set my hand and official seal. n ,,,, ~~~~jj~~ otary Publi¢ My Commission Expires: COMMONWEALTH OF PENNSI~LVANIA Notarial Seal Gail M. Wchardson, Notary Public Bsgefonte Bono. Centre County Cotnmisslon Explroa Dsc. 22, 2012 Pennsylvania AssoGation of Notaries -4- COMMONWEALTH OF VIRGINIA ) SS: COUNTY OF ~~i i`/' ~~f ~ ON THE, the -~-~~~' day of ~' l _ _, 201 1, before me, a Notary Public. the undersigned officer, personally peared Susan L. Bartram, Known to me (or satisfactorily proven) to be the person whose name is subscribed to the ~~ ithin instrument, and acknowledged that he executed the same 1-or the purpose therein contained. IN ~~'~~~SS WHEREOF, I have hereunto set my hand and official seal. *~~ .•~'' YJ-RtMf°'~~. Saifma Karimi-Ksbir ~,, 4 ~'.~~P~~NK'F~`~~'; NOTARY PUBLIC ~ ~ ~e ' ~ a ° 2 Commonwealth of Virglnla ~ _ • _ ' uF ' _ . _= Reg. # 7147972 ~~IRG[NtiP`1~- My Commission Expires ,'f' + /~ { ~ , ~~ ~E~wf /~.;~~ Q ~'~>~,TgRy~p~~~,. March 31, 2012 _ Notary Public My Commis~~BYi"expires: /`1 ~ r~ Gr ,~! , ~ ~~ ~ ~ -5- ?~~~t ~i11 ~n~ ~~~Y~tuT~rtt OF DONALD ANDREW WION I, DONALD ANDF:EW WION, of Lower Paxton Township, Dauphin County, Pennsylvania, being of sound mind, memory and understanding, do make, publish and declare the following to be my Last Will and Test~iment, hereby revoking and making void, any and all wills, codicil; and testamentary dispositions by me at any time Heretofore made. ITEM I. I direct that all my just debts and funeral expenses be paid ar~d satisfied by my Executors hereinafter named as soon as conveniE:ntly may be after my decease. ITEM II. All the rest, residue and remainder of my estate, whether real, personal or mixed, of whatever kind and wheresoever situatE:d, I give, devise and bequeath unto my son, DOUGLAS A. WION and my daughter, SUSAN J. BARTRAM, in equal shares, per stirpes. If ar~y of my said children shall predecease me without issue, ther,~ I give, devise and bequeath the share of that child to the surviving child, per stirpes. ITEM III. I nominate, constitute and appoint my son, DOUGLAS A. WION, as, Executor of this my Last Will and Testament. In the event my son, Douglas A. Wion, is unable or unwilling to serve in this capacity, I nominate, constitute and appoint my daughter, SUSAN J. BARTRAM, as Executrix of this my Last Will and Testament. ITEM IV. A.11 estate, inheritance, transfer, legacy, succession, and otl~.er death taxes of any nature, payable by reason of my death, which may be assessed or imposed upon or with respect to property passing under this Will or property not S A passing under this Will, shall be paid out of my estate as an expense of administration, and no part of said taxes shall be apportioned or prorated to any legatee or devisee under this Will or any person owning or receiving any property not passing under this Will. ITEM V. No fiduciary herein named shall be required to enter bond or secu~°ity in any jurisdiction for the performance of duties. IN WITNESS WHI~REOF, I, DONALD ANDREW WION, have hereunto set my hand and seal this ~ ~ day of ~ ~_''i i? f3 i~='-.~ 1993. ~. } _. ~1~~ ~,,~Lk~=. G-~ -3,~~,`1a~.-t~--' W~r~`~`SEAL ) Donald Andrew Wion Signed, sealed, published and declared as and for the Last Will and Testament of DONALD ANDREW WION, the Testator, in our presence, who in hi.s presence, and in the presence of each other, and at his request,. have hereunto set our hands as subscribing witnesses hereto. ! ~ n ,~ Name ~ Name 1 ~ ,~- 9 ~; r ,! y. . Ad ress f ~/ ~ A ress COMMONWEALTH OF PENNSYLVANIA SS. COUNTY OF DAUPHIN .~~\` t We, DONALD Ar(DREW WION, ~"~~'~ ti.~ •~- ~~-t ~ `~ - •-' , f and ~ ~ , (. ~~ , ~ ~ ~- ;- ~" the Testator and the witnesses respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned officer that the Testator signed the instrument as his Last Will and that she signed voluntarily and that each of the witnesses in the presence of the Testator at his request, and in the presence of each other, signed the Will as a witness and that to ~ the best of the knowledge of each witness, the Testator was at that time 18 or more years of age, of sound mind and under no constraint R i I or undue influence. + ;: " Testator - Donald An rew L9ion ~ ff/ , f ` Witness ,/ ; ` ~' i ~,i Witness Sworn to and subscribed before me by DONALD ANDREW WION, the Testator, and :subscribed and sworn to before me by ~. , , E ~ ", ...; ~ and ~!' ~. -~~ t ~ --~ the witnesses, on this,°~a"~ ,-; ay o E ~- ~ , L . 1993. r - _ l ,:, -~ i ._- ivoLar~r Y~uulic ~ My Commission Expi~°es: NOTARIAL ;;EAL ANN J. LONG. Notary Pubic Harrisburg. Dau~h n County, ?a. ~~y Commiricn cta~res 0„t. 30, 1995 BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 17128-0601 ROBERT A MIX 115 E HIGH ST BELLEFONTE NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX MAY 19 2011 ~~I PA 16823 =-~~, , Pennsylvania ~, ~ DEPARTMENT OF REVENUE REV-1547 EX AFP (12-10) ~~~ DATE 05-16-2011 ESTATE OF WION DONALD A DATE OF DEATH 12-07-2010 FILE NUMBER 21 10-1238 COUNTY CUMBERLAND ACN 101 APPEAL DATE: 07-15-2011 (See reverse side under Objections) Amount Remitted~- MAKE CHECK PAYABLE AND REMIT PAYMENT T0: REGISTER OF WILLS 1 COURTHOUSE SQUARE CARLISLE PA 17013 CUT ALONG THIS LINE ---- --- RETAIN LOWER PORTION FOR YOUR RECORDS 4-- -------------------- ----------------------------------------------- REV-1547 EX AFP C12-10~ NOTICE OF INHERITANCE TAX APPRAISEMENT, ALLOWANCE DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX ESTATE OF: WION DONALD AFILE N0.:21 10-1238 ACN: 101 ----------------- OR DATE: 05-16-2011 TAX RETURN WAS: ( X) ACCEPTED AS FILED ( ) CHANGED APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Estate (Schedule A) (1) .00 NOTE: To ensure proper 2. Stocks and Bonds (Schedule B) (2) ,0 Q credit to your account, 3. Closely Held Stock/Partnership Interest (Schedule C) (3) .00 submit the upper portion 4. Mortgages/Notes Receivable (Schedule D) (4) 00 of this form with your . tax payment. 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) (5) 58 8,197.61 6. Jointly Owned Property (Schedule F) ((,) .00 7. Transfers (Schedule G) (7) .0 0 8. Total Assets (8) 588, 197.61 APPROVED DEDUCTIONS AND EXEMPTIONS: 9. Funeral Expenses/Adm. Costs/Misc. Expenses (Schedule H) (q) 1 .84 7.07 10. Debts/Mortgage Liabilities/Liens (Schedule I) C10) 14,334.84 11. Total Deductions (11) 27, 181.91 12. Net Value of Tax Return (12) 561 , 015.70 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) .00 14. Net Value of Estate Subject to Tax C14) 561 , 015.70 NOTE: If an assessment was issued previously, lines 14, 15 and/or 16, 17, 18 and 19 will reflect figures that include the total of ALL returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) .00 X 0 0 - .00 16. Amount of Line 14 taxable at Lineal/Class A rate (16) F:61 . O1 ~, 70 X 045 = 25, 245.71 17. Amount of Line 14 at Sibling rate (17) .00 X 12 = .00 18. Amount of Line 14 taxable at Collateral/Class B ra te C18) .00 X 15 - .00 19. Principal Tax Due C19J= 25,245.71 TAX CREDITS: Kt~nLri DISCOUNT (+) DATE NUMBER INTEREST/PEN PAID C-) AMOUNT PAID 03 03 2011 CD014086 1,262.29 23,983.42 ~ ~~~~ TOTAL TAX PAYMENT 25,245.71 g BALANCE OF TAX DUE .00 INTEREST AND PEN. .00 TOTAL DUE .00 * IF PAID AFTER DATE INDICATED, SEE REVERSE IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR), YOU MAY BE DUE FOR CALCULATION OF ADDITIONAL INTEREST. A REFUND. SEE REVERSE SIDE OF THIS FORM FOR INSTRUCTIONS. EXHIBIT "C" Beginning Balance 12/23/2010 deposit Money Market 12/23/2010 deposit CD 12/23/2010 deposit CD 12/24/2010 Zimmerman Aver Furn 12/24/2010 Lee, Green & Reiter 10/14/2236 deposit from Sovereign Checkinc 10/10/1928 deposit from M & T Checking 1/18/1929 1001 Sovereign Bank 2/22/1930 deposit Cumberland County 1/13/2011 1002 PPL Electric Utilities 1 /17/2011 1003 Messiah Village 1/20/2011 1005 Cumberland Law Jour 1/20/2011 1006 PPL Electric Utilities 2/1/2011 1007 AT&T 2/3/2011 1008 The Sentinel 2/7/2011 1009 Verizon 2/12/2011 1010 Messiah Village 2/12/201 1 1011 Alert Pharmacy Servic 2/29/2011 1012 PPL Electric Utilities 3/2/2011 1013 Register of Wills, Ager 3/2/2011 1014 Register of Wills deposit 4/15/2011 deposit Pa Inc tax refund 4/18/2011 deposit Fed Inc tax refund 1015 Register of Wills 6/21/2011 deposit Messiah Village refund $9,630.51 $401.50 $300.00 $20.00 $126.91 $12, 566.39 $75.00 $167.16 $62.00 $145.06 $16.38 $827.59 $135.29 $166.65 $23,983.42 $30.00 $150.00 $1,017.61 $67,227.50 $68,245.11 $22,805.21 $91,050.32 $17,256.04 $108,306.36 $98,375.85 $98,274.35 $53.99 $98,328.34 $26.01 $98,354.35 $98,334.35 $100.00 $98,434.35 $98,307.44 $85,741.05 $85,666.05 $85,498.89 $85,436.89 $85,291.83 $85,275.50 $84,447.91 $84,312.62 $84,145.97 $60,162.55 $60,132.55 39612.24 $98,807.79 $111.00 $98,915.79 $3,340.00 $102,255.79 $102,105.79 $27,125.00 $129,230.79 ENDING BALANCE $129,230.79 EXHIBIT "D" Total of assets of Estate available for distribution $ 603,590.38 Douglas C. Wion 50% share $301,795.19 Susan L. Bartram 50% share $301.795.19 -6-