HomeMy WebLinkAbout07-03-12IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
IN RE:
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ESTATE OF CHARLOTTE R McCOY
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Deceased ) NO: 2011-00975
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FAMILY AGREEMENT AND ~ ,_- -,~, ~ _
RECEIPT AND RELEASE ~=-:_ '-° - ~~~~
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THIS AGREEMENT by and between KAREN L BRETZ, as
Executor of the Estate of CHARLOTTE R McCOY, deceased and KAREN L
BRETZ of York, Pennsylvania,
WHEREAS, Charlotte R McCoy, who resided at 1010 A11en
Street, New Cumberland, Cumberland County, Pennsylvania, died
August 28, 2011, having left her Last Will and Testament dated
November 23, 2010, which was duly admitted to probate by the
Register of Wills of Cumberland County at the above number and term
on September 14, 2011; and
WHEREAS, Karen L Bretz has been duly appointed Executor
of the Estate of Charleoote R McCoy; and
WHEREAS the parties in interest under the Last Will and
Testament of Charlotte R McCoy are:
(1) Karen L Bretz, daughter
WI~EREAS, pursuant to the Last Will and Testament, if
KAREN L BRETZ survives decedent, she is entitled to a one
hundred (1000) percent distributive share of the residuary estate
and the remaining heirs were to receive a portion of the estate in
the event KAREN L BRETZ should predecease decedent; and
WHEREAS, KAREN L BRETZ has survived decedent and is
entitled to a 1000 distributive share; and
WHEREAS, each of the above named 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 the final distribution of this estate be
accomplished without a formal accounting to the Orphans' Court
Division of the Court of Common Pleas Cumberland County, it being
the desire of the parties to avoid the expense, delay and publicity
of a formal accounting; and
WHEREAS, the parties acknowledge receipt of a Proposed
Schedule of Distribution.
NOW THEREFORE, in consideration of the mutual promises
and agreements recited herein the parties agree as follcws:
I, the undersigned, do hereby acknowledge that Karen L
Bretz is receiving the sum of $179,127.80 and that no other person
or heir is :receiving any sum as payment of any amount that they may
be entitled to receive for any and all entitlements, due from the
Estate of Charlotte R McCoy and acknowledge that this is full and
complete satisfaction of any and all devises, bequeaths, rights,
entitlements or claims of any kind that I have against the above
referenced estate.
I further acknowledge that I accept this distribution,
full disclosure of all administration of the estate, and
acknowledge that this does not include any funds in joint bank
accounts.
I further hereby release Karen L Bretz, Executor, from
any claims and liabilities which may arise against her as a result
of the administration of the Estate of Charlotte R McCoy, and agree
to hold her harmless and reimburse her my pro rata share of any
such expense incurred by her as a result of the administration of
the estate, should a charge be imposed.
I hereby expressly waive my right to have a formal
accounting prepared and presented to the Court, with the
understanding that such a waiver forever bars me from claiming that
Karen L Bretz Executor, has committed any mistake, error,
negligent act, or wrong in connection with the receipt, management
and/or disposition of the assets of the Estate of Charlotte R
McCoy.
INTENDING to be legally bound, I have signed this Family
Agreement and Receipt and Release, this 7_ ~ day of ~y W ~ ,
2012.
W,
L Bretz
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