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HomeMy WebLinkAbout06-21-12 ;~~ ~~r~ ~ ~~~.;E ~OF FAMILY SETTLEMENT AGREEMENT ~`ll2 JUN ~ i Pii 3~ ! 5 THIS AGREEMENT, made this 22nd day of March , 2012,b~yp~and between Judy OCl(`1 U11V .~ l,l~lll lr L. Stine and Donna H. Crist, testamentary heirs of Helen M. Heberl(~,;IMBERLANC CO.. PA WITNESSETH, THAT: ~ 3 , 2011, survived by Judy L. Stine WHEREAS, Helen M. Heberlig died and Donna H. Crist; and WHEREAS, Letters Testamentary were granted to Susan E. Feagley on ,q. at , 2011; and WHEREAS, the undersigned, being all the testamentary heirs of the decedent, want to settle the estate by agreement rather than by a formal accounting. NOW, THEREFORE, in consideration of the mutual covenants of the parties, all parties intending to be legally bound hereby, it is agreed as follows: 1. An informal, summary accounting of the receipts and expenditures in said estate is attached hereto, denominated "Breakdown for settlement of real estate" and dated February 3, 2012. 2. Each of the undersigned has been fully advised of her rights pertaining to the filing of an account and each does hereby waive any right which she might have to compel a formal court accounting prior to distribution of the estate. 3. Each of the undersigned accepts and approves the attached summary accounting and agrees that this agreement shall have the same force and effect as if formal accounting had been filed with and confirmed by the Orphans' Court of Cumberland County. 4. Each of the undersigned agrees that distribution shall be as stated in said summary accounting. 5. We, and each of us, each in consideration of the promise of the other, do hereby agree to refund to the estate, pro rata, any amount which may be necessary in the future to discharge any liabilities to the estate of which we may hereafter receive notice. 6. We, Judy L. Stine and Donna H. Crist, and each of us, do hereby release Susan E. Feagley of and from any and all claims we have under the law against the Estate of Helen M. Heberlig and against Susan E. Feagley, the Executrix thereof. '7. This agreement may be executed in multiple counterparts, and, when so executed, shall be binding upon all the parties and their respective heirs, next-of--kin, personal representatives and assigns. IN WITNESS WHEREOF, we have hereunto set our hands and seals the day and year first above appearing. WITNESS: ~- ~~ Donna H. Crist, by Thomas E. Flower her agent specially constituted by limited power of attorney (SEAL) J y L tine