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HomeMy WebLinkAbout10-21-11IN THE ORPHANS' COURT DIVISION OF THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ESTATE OF STEVEN A. BARTRON, DECEASED No. 2010-01071 APPROVAL OF ACCOUNT, WAIVER, RECEIPT, RELEASE, AND AGREEMENT OF INDEMNITY The circumstances leading up to the execution of this instrument are as follows: 1. Steven A. Bartron died on October 1, 2010, leaving no Will. 2. Letters of Administration were granted to Glenn W. Bartron by the Register of Wills of Cumberland County on October 26, 2010. 3. It is the desire of the Steven A. Bartron heirs that the Estate be distributed without the formality of a court proceeding in order to save the expense, publicity, and delay incident to such court proceeding, and the Administrator is willing to make such distribution upon the execution of this instrument. 4. An informal accounting of the administration of the Estate of Steven A. Bartron has been prepared and examined by the sole heirs, a copy of which is attached hereto as Exhibit A and made a part hereof. 5. In consideration of the foregoing, each of the undersigned hereby: A. Represents and warrants that he/she has read and understands this instrument and that the facts set forth above are true and correct to the best of his/her knowledge, information and belief; -= n ~? ~ -- _. r..ri r,,, - ~~ ~._ .:~ r7 ' -1- _.... ~ -"~ Y -,-, -• ~; l.' 4i V B. Declares that he/she has examined the informal account of the administration of the Estate, that he/she finds it to be true and correct in all particulars; that he/she accepts and approves it as if it had been duly filed, audited, adjudicated and confirmed absolutely by the Orphans' Court Division of the Court of Common Pleas of Cumberland County, and as if the amounts shown as distributable had been duly awarded to him/her; C. Waives the filing and auditing of the account of the administration of the Estate in the Orphans' Court Division of the Court of Common Pleas of Cumberland County; D. Requests the Administrator to make distribution of the remaining principal and income, and effective upon delivery to him/her of these amounts, acknowledges receipt; E. Agrees to refund to the Administrator any amount which may at any time be determined to have been an erroneous distribution to him/her, regardless of the cause of such erroneous distribution, even if attributable to negligence, and agrees that any period for the limitation of actions for the collection of any erroneous distribution shall commence only at such time as the Administrator shall have obtained actual knowledge of such erroneous distribution and that in no event shall the period for collection of any erroneous distribution be less than two years after the actual discovery thereof; F. Absolutely and irrevocably remises, releases, quitclaims and forever discharges Glenn W. Bartron, individually and in his capacity as Administrator, from any and all actions, suits, payments, accounts, reckonings, liabilities, claims and demands relating in any way to the administration of the Steven A. Bartron Estate; G. Agrees to indemnify and hold harmless, to the extent of the funds received by him/her hereunder, Glenn W. Bartron, individually and in his capacity as Administrator, -2- from and against any and all claims, loss, liability or damage (including legal fees and costs in connection therewith) which he/she may suffer or to which he/she may be subjected by reason of his administration of the Estate, the settlement of his Administrator's account and the distribution of the assets of the Estate without having the formal approval of the Orphans' Court Division of the Court of Common Pleas of Cumberland County, including, but not limited to, any liability for any federal estate tax, Pennsylvania inheritance tax or any other death taxes, together with interest and costs incidental thereto, relating in any way to the Estate; and H. Declares it to be his/her intention that this instrument, consisting of three pages, shall be governed by the law of Pennsylvania and shall be legally binding as an agreement under seal upon him/her and upon his/her heirs, executors, administrators and assigns. I. This agreement may be executed in counterparts. Executed on: ~' ~ ~ ` mow: t~ _ 1 F~1~-~ I I /`";~ tu-~.~.._ ~~ ~ ~ ;'~' Seal J DAT~ PATRICIA KERCHER KURIATNYK ( ) /~ // ~/ DATE ENN W. BARTRON (Seal) -3- f l9~ ST f ~t~~ G. ~ c covru T ~,~ ~' L E,~~ GU• ~3 ~R Teeo~/ ~ ~ ~ ~ /N ls' T!Z A- TdaQ- FD ~ i ©/~/r/ SSy~~~-Ry 4f= ~GGOyryT L ~rtr: ~~~v2~EN?~~YT.l' D~~ rs (P9 ~) ~ ~! ~ g ~~ 17 ~v,uc ~~~ ,~xO. 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