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HomeMy WebLinkAbout07-03-12IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION IN RE: C7 r``' ~- ESTATE OF CHARLOTTE R McCOY c - O __ - ~ ,~ ~' Deceased ) NO: 2011-00975 ~`~ _ _ r - -ti `~' `- ) ~ ~_ . , i. ! f _. _3 FAMILY AGREEMENT AND ~ ,_- -,~, ~ _ RECEIPT AND RELEASE ~=-:_ '-° - ~~~~ ~_ ' ; ~~`, r.-3 c~ C7 '~ 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 Ka n ~~~~ M ~~ Bretz tie Est to Kane ecutoz, °~ ~rjCCoy _- of Chart°tte R