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HomeMy WebLinkAbout01-06-12i ~ !"-~ (~ C 4 ~ ~~ ..D -~~ ~ '"1") `.;JT~ . C"f' i t ~ r y .~ ~~ ~ a ~ .I .. CIS ~ ~l ~"~ i , .. ;"t ?, ~^i ~ ...J L._ ._t`~ `T FAMILY SETTLEMENT AND FINAL RELEASE ~; M' -~= rr' ~~ IN THE ESTATE OF BETTY V. FRIDINGER, DECEASED KNOW ALL MEN BY THESE PRESENTS that whereas Betty V. Fridinger, late of Hopewell Township, Cumberland County, Pennsylvania, died on December 21, 2010, testate, survived by the following heirs, Linda K. Keck and Sam Hawkins, WHERES, letters testamentary in the Estate of Betty V. Fridinger, were issued by the Register of Wills of Cumberland County on December 28, 2010, to Linda K. Keck; and, WHEREAS, the assets, consisting of personal property, coming into the hands of the Executrix, and property and monies received since the date of death of said decedent, amount to $167,311.82, and the debts and expenses paid total $45,806.59, and the distributions of principal to the beneficiary totals $10,675.00, leaving a balance for distribution in the amount of $110,830.23, all of which is more fully set forth in the Statement of Receipts and Disbursements of said Executrix attached hereto. NOW, THEREFORE, we, Linda K. Keck and Sam Hawkins, do hereby acknowledge that we have had and received from Linda K. Keck, Executrix as aforesaid, in full satisfaction and payment of all shaze or shares to which we aze entitled from the Estate of Betty V. Fridinger, deceased, the property andlor monies set forth in the Distributions of Principal to Beneficiaries and Proposed Distributions to Beneficiaries attached hereto and made a pazt thereof, 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, no Account is necessary and we do hereby agree that we do so consent to distribution being made without the filing of such Account and Schedule, with the same force and effect as if it had been filed and confirmed by the Court of Common Pleas of the 9~' Judicial District, Pennsylvania, Cumberland County Branch, Orphans' Court Division, THEREFORE, we do hereby remise, release, quitclaim and forever dischazge the said Linda K. Keck, Executrix as aforesaid, her heirs, executors, and - - - - - administrators, of and from the said estate and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever for or by reason BLACK thereof, or of any other use, matter, cause, or thing whatsoever. We do further AND hereby agree to indemnify and hold hazmless Linda K. Keck, Executrix, and her DAVISON heirs, personal representatives, successors, or assigns from and against any and all ATTORNEYS AT LAW claims, losses, liabilities, and damages which she may suffer or to which she may be subjected by reason of his administration of the Estate of Betty V. Fridinger, a2 w QUEEN srREET CHAMBERSBURG, PA 17201 717.264.5194 `~ ~iN deceased, and that in the event it should become necessary for Linda K. Keck, Executrix, to pay any further expenses of or claims against the Estate, whether for taxes or otherwise, the Beneficiaries shall be liable therefore, and they shall refund to the Executrix to the extent of distributions received, in pro rata shares, the amounts necessary to enable the Executrix to make such payments, and they shall further refund any portion of the distributions to which they are not properly entitled, even, if distributed through t'~gligence. IN WITNESS W REOF, we have hereunto set our hands and seals this ~a day of 2011. Witness: _ - ~~ Linda K. Keck ~. Witness: '' ~(/1'~ am Hawkins 2 COMMONWEALTH OF PENNSYLVANIA: SS COUNTY OF ~ G-~•.~.~, On this, the 3`~ day of I ,~ , 2011, before me, the undersigned officer, personally appeared Linda K. Keck, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. NOTI1RUIl SEAL wu.nro~ E eowfRs Noaty Puck .~ONNOU6N, FRAlN~t.IN EyNa Mr t~. ~Ot~l STATE OF ARIZONA Title: ...L~ My commis io expires: I maintain my office in _ SS COUNTY OF ~,Ct,Or,, On this, the ~~~ day of 1~-C. C -l ~~~ , 2011, before me, the undersigned officer, personally appeared Sam Hawkins, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. ' r Alfredo I. Peralta Notary Pubtlc • ~ ." Maricopa County, Arizona ~~~ My Comm. Expires 03-27-t~ Title: NG ~ w ~, .~~ ~ ; c My commissib xpires: ~ ~1T/ ,~ U~'~' I maintain my office in C[~~ti r(~r k7 3 In the Court of Common Pleas of the 9th Judicial District of Pennsylvania, Cumberland County Branch, Orphans' Court Division File No. 21-10-1263 Estate of Betty V. Fridinger, Deceased Late of Township of Hopewell First and Final Account of Linda K. Keck, Executrix Date of Death: 12/21/2010 Date of Incapacity, If any: None Date of Executrix's Appointment: 12/28/2010 Date of First Complete Advertisement: 01/05/2011 Accounting for the period: 12/21/2010 to 12/20/2011 Purpose of Account: Linda K. Keck, Executrix, offers this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefulty examined. Requests for additional information or questions or objections can be discussed with: Robert C. Schollaert Esq. Black and Davison 82 West Queen Street P.O. Box 513 Chambersburg, PA 17201 7171264-5184 Supreme Court I.D. No. 10196 SUMMARY OF ACCOUNT Estate of Betty V. Fridinger, Deceased For he period of December 21 ~ 2010 through December 20, 2011 Receipts: This Account ~ 3 167,311.82 Net Gain (or Loss) on Sales 0 00 or Other Dispositions . 167,311.82 Less Disbursements: Debts of Decedent 4 745.21 Funeral Expenses 4 - 5 2,173.98 Administration Expenses 5 - 8 18,621.00 Federal, State 8~ Local Taxes 8 5,922.30 Commissions 8 7,422.05 Feeg 8 - 9 7,422.05 Family Exemption 9 3,500.00 45,808.59 Balance Before Distributions 121,505.23 Transfer to (from) Principal 0.00 Distributions to Beneficiaries 10 10,675.00 Principal Balance on Hand 11 110,830.23 For Information: Investments Made Changes in Holdings Id~4mE 12 Receipts This Account 0.00 Net Gain (or Loss) on Sales 0.00 or Other Dispositions 0.00 Less Disburesments 0.00 Balance Before Distributions 0.00 Transfer to (from) income 0.00 Distributions to Beneficiaries 0.00 Income Balance on Hand 0.00 For Information: Investments Made Changes in Holdings COMBINED BALANCE ON HAND 13 110,830.23 Signature 15 Verification 15 -2- SCHEDULE A RECEIPTS OF PRINCIPAL Assets Listed in Inventory Fiduciary (Valued as of Date of Death) Acquisition Value ~~ Adams Electric -refund 510.55 CenturyLink -refund 36.58 Erie Insurance Company -vehicle insurance refund 543.00 Erie Insurance Company -homeowner's insurance 133.00 refund Received from John C. Stouffer, Jr. - prorata 2010 122.27 -2011 school real estate taxes U S Treasury - 2010 income tax refund 540.00 Total Cash l P t P 1,885.40 ersona roper y 2005 Jeep Grand Cherokee -date of death value as 10,675.00 per Kelley Blue Book Personal property -appraised value 965.00 Total Personal Property l E t t R 11,640.00 s a e ea Real estate lying and being situate in Hopewell 150,000.00 Township, Cumberland County, Pennsylvania, having a street address of 989 Ridge Road, Shippensburg - sale price Total Real Estate 150,000.00 Total Receipts 163.525.40 Suiseauent Princinal~,Recei~ 12/28/2010 Loan to estate from Linda Keck to pay estate 3,786.42 expenses Total Subsequent Principal Receipts 3,786.42 Total Adjustments and Subsequent Receipts 3,78x.42 Total Receipt of Principal 167,311.x2 -3- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Adams Electric 01/1012011 debt of decedent (alley Veteri narian Hoses 12/31/2010 care for decedent's pet CenturvLink 01H0/2011 debt of decedent interstate Waste 01/03/2011 debt of decedent Kough's Oil Service 01/0212011 debt of decedent Lutheran Social Serv ices Foundation 12130/2010 debt of decedent Total Debts of Decedent Funeral Exne~ Haas 83.41 146.50 80.92 83.41 146.50 80.92 52.14 52.14 357.24 357.24 25.00 25.00 745.21 -4- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Dan Clark 12/30/2010 memorial service 100.00 100.00 Dan Swank 12/30/2010 organist for memorial service 25.00 25.00 Lin , 06/03/2011 reimbursement for funeral expenses 2,048.98 2,048.98 Total Funeral Expenses Administration Expgp,~g,$ 2.173.98 AAA 01/08/2011 vehicle transfer fee 30.00 30.00 Adam$ Electric 02111/2011 miscellaneous expense 35.16 03/08/2011 miscellaneous expense 40.36 04/11/2011 miscellaneous expense 38.35 05/10/2011 miscellaneous expense 36.86 06/10/2011 miscellaneous expense 32.97 183.70 Black and Davison 07/18/2011 reserve for closing costs 300.00 07/18/2011 administration expenses advanced 358.12 -5- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Carl Ocker Auctionee r 01/31/2011 personal property appraisal fee Commonwealth of P lvania enns 01/08/2011 y vehicle transfer fee ~j~grland County Recorder of Deeds 05127/2011 seller's share of transfer tax on sale of real estate 05/27/2011 satisfaction piece recording fee Cumberland County R~yister of Wills 07/18/2011 probate and filing fees Elk Lake Vet 02116/2011 vet care for decedent's pet 03/02/2011 vet care for decedents pet Federal Express 05/17/2011 shipment of Items to decedents son HaQy E. Killian. Tax Collector 05/27/2011 prorate share of 2011 county township real estate taxes 150.00 58.50 1,500.00 50.50 65.00 115.00 60.00 123.56 130.88 658.12 150.00 58.50 1,550.50 65.00 175.00 123.56 -s- SCHEDULE C DISBURSEMENTS 01= PRINCIPAL Continued 130.88 IntS~f8t6 04/04/2011 trash removal 53.67 53.67 04/14/2011 06/01/2011 ouyh~s 03/05/2011 snow removal at decedent's real estate lawn care miscellaneous expense 100.00 40.00 140.00 581.74 581.74 06/0312011 06/03/2011 06/03/2011 loan repaid travel expenses reimbursement for salt for water softener at decedents home 3,786.42 1,530.00 14.42 5,330.84 05/27/2011 05/27/2011 commission on sale of real estate transaction fee on sale of real estate 4,500.00 195.00 4,695.00 05/27/2011 commission on sale of real estate 4,500.00 4,500.00 -7- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Susquehanna Countv Treasurer 02/16/2011 dog license for decedent's pet jhe Sentinel 02/02/2011 legal notice Total Miscellaneous Administrative Expenses Federal State, and Local Taxes end Coun Re3ister of Wills 07/18/2011 Pennsylvania Inheritance Tax Total Taxes Commissions Linda K. Keck 07/18/2011 executrix fee Total Commissions Fees Black and Davison 07/18/2011 attorney fee 6.95 6.95 187.54 187.54 18.621.Q0 5,922.30 5,922.30 5,922.30 7,422.05 7.422.05 7.422.05 7,422.05 -8- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued 07H 8/2011 Total Fees family exemption 7,422.05 7,422.05 3,500.00 3,500.00 Total Familv Exemption TOTAL DISBURSEMENTS OF PRINCIPAL ~~ 3~ ~ 45.806.59 -9- SCHEDULE D DISTRIBUTIONS OF PRINCIPAL 01/08/2011 2005 Jeep Grand Cherokee - disribution 10,675.00 10,675.00 TOTAL DISTRIBUTIONS TO BENEFICIARIES 10.675.00 -10- PRINCIPAL BALANCE ON HAND # Units Description M T Bank estate checkin #9851506957 Personal property Total Cash Total Assets Current Value Fiduciary 12/20/2011 Acquisition or as Noted Value 109, 865.23 109, 865.23 109, 865.23 109, 865.23 965.00 965.00 109.865.23 110.830.23 -11- SCHEDULE F CHANGES IN PRINCIPAL HOLDINGS # Units 2005 Jeeu~ Grand Cherokee 12/21/2010 01/08/2011 Personal f~R~JL 12121/2010 ~t Inventoried 10,675.00 Distributed -10,675.00 0.00 Inventoried 965.00 965.00 TOtal 865.00 -12- COMBINED BALANCE ON HAND # Units Description Gash M T Bank estate checkin #9851508957 Personal property Total Cash Total Assets Current Value Fiduciary 12/20/2011 Acquisition or as Noted Value 109.865.23 109.865.23 109,865.23 109,865.23 985.00 965.00 109.865.23 110, 830.23 -13- PROPOSED DISTRIBUTION TO BENEFICIARIES Sam Hawkin Cash 44,332.09 Linda K. Keck Cash 65,533.14 Personal property 965.00 66,498.14 TOTAL PROPOSED DISTRIBUTIONS TO BENEFICIARIES ................ 110,830.23 -14- CONIMONWEALTH OF PENNSYLVANIA SS COUNTY OF~Q . ~ ~ . AFFIDAVIT Linda K. Keck, Executrix under the Estate of Betty V. Fridinger, deceased, hereby declares under oath that she has fully and faithfully discharged the duties of her office; that, except as set forth herein, the foregoing Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Estate have been paid in full, and that to her knowledge, there are no claims now outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that more than four months have elapsed since the first complete advertisement of the granting of letters in this Estate. • ~~ Linda K. Keck, Executrix Subscribed and sworn to by Linda K. Keck, Executrix, before me this ~L day of 2011. ~~ Notary Public NOTARIAL SEAL MAUNDA E BOWERS Nobly PuDlk lORDU6N, Fti~ItlK,Mi -15-