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HomeMy WebLinkAbout12-13-11 (2):~ -, ,, o -~- - ,~ ,._ . _. ~ .J _ _ 1... __ _^ , m Y _.. __ - : ,-=, L - ~• `-~ 1 'f'7 C.: COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-11-0214 ESTATE OF BARBARA A. GULDEN, DECEASED Late of Cumberland County , PA FAMILY SETTLEMENT AGREEMENT AND RELEASE OF GREGG A. GULDEN, ADMINISTRATOR Date of Death: December 30, 2010 Letters Granted: March 11, 2011 First Complete Advertisement of Grant of Letters: May 7, 2011 Account stated to: December 12, 2011 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 Gregg A. Gulden, Administrator of the Estate of Barbara A. Gulden, Deceased and Gregg A. Gulden WHEREAS, Barbara A. Gulden died December 30, 2010, intestate, a resident of Cumberland County, Pennsylvania; and WHEREAS, Barbara A. Gulden died intestate, the sole surviving beneficiary is Gregg A. Gulden; and WHEREAS, Letters Administration were issued to Gregg A. Gulden on March 11, 2011; and WHEREAS, said Administrator has duly administered the estate according to the laws of the Commonwealth of Pennsylvania; and WHEREAS, Gregg A. Gulden 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. Gregg A. Gulden does hereby release and forever discharge Gregg A. Gulden, Administrator, from any and all liability which he had or may have or which may from time to time arise in connection with his service as Administrator of the Estate of Barbara A. Gulden, Deceased, and hereby authorize and request the Orphans' Court Division to charge the same against his 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 ~ Zt~day of ~~'C P V'Vl ~-21~ , 2411. ~~~ Witness ~~ Witness ~ ~' ~ l ~,.~ ! G g A. Gu en, Administrator ------~ Greg 'A uld n, Beneficiary