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HomeMy WebLinkAbout01-12-12FAMILY SETTLEMENT AND FINAL RELEASE IN THE ESTATE OF SUSAN E. RAMEY KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, Susan E. Ramey, late of Lower Allen Township, Cumberland County, Pennsylvania, deceased, died on December 17, 2010, testate. WHEREAS, Letters Testamentary were granted to John P. Ramey, on December 29, 2010, with same having been filed in Cumberland County, Pennsylvania, to Estate No. 21-10- 1274; WHEREAS, the said personal representative has gathered the assets of the estate of the said decedent and the assets consist of personal property to a total value of $182,644.89, as set forth in Exhibit "A", which is a statement of account of the said personal representative, and which is attached hereto and made a part hereof, and marked Exhibit "A"; WHEREAS, the debts and deductions amount to $53,191.18, leaving a balance for distribution of $129,453.71, also as set forth in the statement of the said personal representative, which is attached hereto and made a part hereof, and marked Exhibit "B"; NOW THEREFORE, KNOW YE, that we, John P. Ramey, Mark B. Ramey, and authorized agents of St. Theresa's Catholic Church, The Smile Train, and Cumberland Valley High School, being the heirs of the said decedent, and being the individuals entitled to inherit under the Last Will and Testament, do hereby acknowledge that we have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sum or sums of money, legacies, bequests, and devises as are given, devised and bequeathed to us by the said Last Will and Testament, which amount we have received this day, and which is the amount set opposite our names in the table and schedule of distribution in said statement attached hereto and marked Exhibit "C"; 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, we agree that no account is necessary and we hereby agree and consent to distribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if it had been filed and confirmed by the Orphan's Court Division of the Court of Common Pleas of Cumberland County. THEREFORE, we do hereby remise, release, quitclaim and forever discharge the said personal representatives, their heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, touching upon the estate of said decedent, and we do further hereby ~venant a> t-.. agree that we will contribute my share of the estate to satisfy any and all claims, dds, suits; or causes of action which may be successfully prosecuted against the said estate or ~~resa`x~ personal representatives after the signing, sealing and delivery of this fame Clem agreement and final release. ~'' ~ ~ rv _~C~~ "~ O _r~ ~ ,:~~ .~~ .fi- c:~a ~~ ~ ~~ ~- ; ,-=; ;~ -.=' _ _~ _-~ ~j --~ ~~'' rn ~.~ ~j -`r~ IN WITNESS WHEREOF, we have hereunto set my hand and seal this 8th day of December, 2011. WITNESS/ATTEST; ~~ /~ / JO . RAMEY ah -fit MARK B. RAMEY ST. THERESA' S CATHOLIC CHURCH ~~i~`_""_~ B THE SMILE TRAIN ~-+D D ~,Qed d~~ By. CUMBERLAND VALLEY HIGH SCHOOL By: ~G ~i~l ~: e~i~~~-G• LAST AND FINAL ACCOUNT OF THE ESTATE OF SUSAN E. RAMEY, LATE OF LOWER ALLEN TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA DATE OF DEATH: DECEMBER 17, 2010 PRINCIPAL ACCOUNT DEBITS: Your Accountants charge themselves with the following: Real Property Residential Real Estate A. 1292 Summit View Court New Cumberland, PA 17070 Personal Property Checking Account -Metro Bank B• Account No. 536788318 Date of death value: $3,514.84 Savings Account -Metro Bank C• Account No. 627048705 Date of death value $125.37 D. Toyota Rav4 vehicle sold to Bobby Rahal Toyota E• Interested accrued on Estate balance Checking Account -Chase Bank Account No. 944325323 TOTAL PRINCIPAL DEBITS: $174,500.00 $ 3,514.84 $ 125.37 $ 4,500.00 $ 4.68 $182,644.89 EXHIBIT A CREDITS Your Accountants ask credit for payments made from Principal Account as follows: Description Amount 1. Parthemore Funeral Home -Funeral Expenses $2,480.47 2. Mankato Mortuary -Funeral Expenses $4,531.37 3. Sale of Real Property Fees -Agents fees, buyer credits, etc. $21,909.93 4. Appraisal Solutions -Real Estate appraisal $300.00 5. Property Management Inc - HOA $902.38 6. Jeffrey Updegraff -CPA $350.00 7. United Parcel Service -Shipping and notary fees $949.87 8. Delta Airlines -Executor travel $1,353.80 9. Shearer Security Devices -Property repair $159.00 10. Tim Snow -Plumbing repair $195.00 11. Traveler's Insurance -Property insurance $340.00 12. Alexander Building Construction -Benefits back payment debts $536.00 13. US Bank -Credit card back payment debts $2,407.34 14. FIA Visa -Credit card back payment debts $49.15 15. Comcast -Property utilities $373.40 16. Penn Power & Light -Property Utilities $996.56 17. American Water -Properly Utilities $178.63 18. Verizon -Property Utilities $1,187.10 19. Suburban Propane -Property Utilities $418.96 20. Lower Allen Township Taxes $892.09 21. Lower Allen Township -Sewer & trash utilities $103.95 22. Metro Bank -Fee to open safe deposit box $150.00 23. Register of Will, Agent -Pennsylvania Inheritance Tax $10,778.19 24. Probate fees $405.30 25. Law Firm of Linda A. Clotfelter -Estate administration $992.69 26. Law Firm of Trucker Huss -Estate counsel $100.00 TOTAL: $53,191.18 EXHIBIT B RECAPITULATION Principal Debits $182,644.89 Minus: (A) Administrative Expenses ($49,842.60) (B) Last Debts of Decedent ($3,348.58) SUBTOTAL: ($53,191.18) Minus specific bequest of personal property ~ TOTAL BALANCE OF CASH ESTATE $ 129,453.71 ASSETS AVAILABLE FOR DISTRIBUTION NON-PROBATE AND JOINT PROPERTY Description A. Checking Account -Metro Bank Account number 833112151 Date of death value $2,872.31 FBO account naming John P. Ramey and Mark B. Ramey B. Fidelity 401k Retirement Plan Account 219-263168 Date of death value $17,116.30 Naming beneficiaries John P. Ramey and Mark B. Ramey C. New England Financial Retirement Plan Plan 385006-01 Date of death value $82,048.30 Naming beneficiaries John P. Ramey and Mark B. Ramey Trap fm ant By operation of law, decedent's ownership interest passed to named beneficiaries on date of death By operation of law, decedent's ownership interest passed to named beneficiaries on date of death By operation of law, decedent's ownership interest passed to named beneficiaries on date of death EXHIBIT B PROPOSED DISTRIBUTION The Personal Representative proposes distribution of the Total Balance for Distribution to the following heir as described: 1. Check donation to Smile Train $500 2. Check donation to St. Theresa's Church $500 3. Check donation to Cumberland Valley High School $300 4. Distributions to son John Ramey as instructed by Decedent $64,076.85 5. Distributions to son Mark Ramey as instructed by Decedent $64,076.86 TOTAL DISTRIBUTED $ 129,453.71 EXHIBIT C Certif cafe vl Aelutowted~ein~nE Public, easo whose name 3-that hels icy of wlrieh the perso~~ ~~ I certify under the PEATAL'1'Y OF P-ERIURY under the laws of the Stateof California .that the fareg©ing paragraph is true and correct. State of California ) Coca ~ --of San M teo ~pn ~ a~~ before me, Shrub Bhalla, a« P personally appeared. who p - ved to me on the basis of satisfactory evid to be the is/~subscribed to the within inst~'i~ment and acknowledg o r executed the s e ia. authorized capacity ' l~, anal sigaatur on the it~strumeat the person(,~ar entity upon beha acted, executed the iiLStrunlent. ~~ WITNESS NiY HAND .Signature Seat: 71! ...;;:,;.:- SNRUTI BHALLA . CE~IMM~ 1939200 C~#1 ueTG-. aurv 'Chic Certificate is attached to the following dQ~um~nt: - V ~ ated: ,~~ti~ib~x of pages OFFICIAI, SEAL. STATE OF ~~ C v r~ ~ . SS COUNTY OF ~ ~ ~ (~ On this c~' 6 l~ day of ~ C(~YJ ~ ~ 20 ~ ~, before me, the undersigned officer, personally appeared ~ ,known to me (or satisfactorily proven) to be the individual whose name is subscribed o the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. STATE OF COUNTY OF GY L S~ ~P~'pTg9 j_~9 /~ • j GL • -~- N tary Pub ' (SE ••.....• Q„Q' ~ F OF COL `" SS On this day of 20_, before me, the undersigned officer, personally appeared ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public (SEAL) w t STATE OF /~~ COUNTY OF ~-~ 6~•!'ahA~ SS On this Z 3 day of hGGC~ 6w 20! /, before me, the undersigned officer, personally appeared Jock ,.~iJ~ 4 Rs ~- ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. aor~oNw~uTM of ~snvaurn s~ 5oott A. Mowry, Notary FubNc ~ ~ caane«an~ Bois McMeat wwu of Norms STATE OF ~~I COUNTY OF Gaw-6~-lic•. ~ Notary Public (SEAL) SS On this Z 3 day of Qc c <~+ ~~ ~ 201 /, before me, the undersigned officer, personally appeared ~vl,,~ ,r~Is~.A~Rsr ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. e- Notary Public (SEAL) STATE OF !~/C ' LOr~...- SS COUNTY OF ~~,~.,~ ~ ~L- On this ~ day of I,JtG~t~~-+~ 2011 , before me, the undersigned officer, personally appeared ~}; ty.rt Q. I~ ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. tart' Pu c w~,~E~) NOTARY PUBLIC STATE OF NEW YORK No. OiTW6234288 My Canmission iExpires~ b~nu~ary~8 20..(}~ STATE OF SS COUNTY OF On this day of 20_, before me, the undersigned officer, personally appeared ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public (SEAL) STATE OF ~Gnrigu I Ua,~ t a . SS COUNTY OF Cum ber(c~n~ . On this (a ~" day of ~ ec~,,, bP_r 20 t I , before me, the undersigned officer, personally appeared (-1,chae I !7 i e FFer,bach ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. cotwNONUVt~TH of PENNSnvnww Natadal Sal Deborah G. Rlbisvl, Notary Public Hampden TMip.. CwnbeAend County Commission F.xpiros July 14, 2012 Member, Pennsylvania Association of Notaries STATE OF COUNTY OF ~~ Q f~~® / ~S!- .~ Notary Publtc (SEAL) SS On this day of 20_, before me, the undersigned officer, personally appeared ,known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public (SEAL)