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HomeMy WebLinkAbout07-06-12i ~,~,,r~:~r~;~~hf;~~,~ n ~ C~ ~~ ~~ ~ ,,- _ _ ~ x, ~: T_. , ~__ C7 ~ __ __. C, ; ? s'^ ~ C _ ~' --r PEN~SYLVAI~~A Ili "i'HE COURT OI~ COMMON PLEAS OF CtTMBERLANI) COUNTY `~ o , ORPHANS' COURT DIVISION ~~ '`' IN TPIE ESTA'T'E OF: DAVID R. POWF,L,L, Deceased No. 21-2010-157 IiELT»`~ St; KNOW ALL. i~/IEN BY "I'I-IES~~; PRESENTS that we, JILL _P~NN T'OWELI_, a.~~d LISA 1v1. SANDQUIST, being legatees under the Last Will and Testament of the abo~~e- named decedent, who was Tate of the Bort.:~ugh of Lerrioyr~e, County of Cumberlan~I, axed Ccr-~~~pno~ cti~~-+_~,alth of Pennsylvania, and who died testate on December 17, '1,(~ I U, do :~erebv ac~~-~owiE;dge that we have this day had and received from Raymond Jeffrey F'oi~~cl I, f?xec;tit~~r ofihe Last Will and Testament of the above-named decedent, the cash set fai-i:h ~~ppcs~te :cur natxaes beli;w in tl5at Portion of this Release entitled ``Distribl~tion'' i1~ acco~•dance ~vttl, ~~~ First and I'irlal Account, which is attached Inc°reto and n~ari<cd "Exhibit ~,'' _~t~d made ~~ nnru hcrci~~: in fGli satisf~zcti<~n oi'the net disr•ibuti~L, snares dice t~s Train rnt ~s:atc oT David i~. I'a~,~cil, deceasc;d. DistribErticm 1. JiII Aizn Powell (75",~;~ bcfcre $~.0~0.00 bequest to C.harity;; $ "Z"', s ~5. ''. 'The Nature Conservancy ~,C)~O.vO 2. Lisa M. Sandquist, reanasn-~er cif cst~,te _.__~+~.i)5 ~ _74 TOTAL X36 2~)5a~h AND, we, JILL ANN POWELL ~-~~~d LISA NI. SANDQUIST, in consideration of the distributions of the said Executor and intending to be legally bound hereby, agree to refund, pro rata, to the Estate of the said David R. Powell, deceased, any amount that may be necessary in the future to discharge any and all liabilities of the said David R. Powell, deceased, which were incurred in his lifetime and of the Estate of the said David R. Powell, deceased, but not in excess of that which we have received from his estate. AND we, JILL ANN POWELL and LISA M. SANDQUIST, for ourselves and our respective heirs, executors, administrators, and assigns, in consideration of the foregoing distributions to us, do hereby remise, release, quitclaim, and forever discharge, intending to be legally bound hereby, the said Raymond Jeffrey Powell, Executor, and his heirs, executors, administrators, and assigns of and Isom the distribution of the aforesaid cash, and of and from any and all actions, suits, payments, accounts, reckoning, claims, and demands whatsoever and particularly relating to his administration of the Estate of David R. Powell, deceased. 2 IN WITNESS WHEREOF, I have hereunto set my hand and seal this ay of 2012. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ``~ day of U;,~.~,, , 2012. %f/J~i~ EI~/. ~:S C:i n c~ u-~~"(SEAL) LISA M. SANDQUIST 106\estates\46604 EXHIBIT A FIRST AND FINAL ACCOUNT OF RAYMOND JEFFREY POWELL, EXECUTOR OF THE LAST WILL AND TESTAMENT OF DAVID R. POWELL. DECEASED Date of Death: 12/17/2010 Date of Executor's Appointment: 12/27/2010 Accounting for the Period: 12/17/2010 to 05/25/2012 Purpose of Account: Raymond Jeffrey Powell, Executor, offers this Account to acquaint interested parties with the transactions that have occurred during his administration. It is important that the Account be carefully examined. Requests for additional information or questions or objections can be discussed with: George J. Morgan, Esquire Morgan, Hallgren, Croswell & Kane, P.C. P.O. Box 4686 700 North Duke Street Lancaster, PA 17604-4686 (717) 299-5251 or the above-named Executor. SUMMAIYY OF ACCOUNT PAGE Principal Receipts A-3 $ 71,464.52 Less: Capital Loss A-3 (1,850.00) Less Disbursements: Debts of Decedent A-5 $ 8,186.8 ] Funeral Expenses .A-5 2,21.0.00 Administration Expenses A-5 8,636.27 Federal and State Taxes A-7 2,245.30 Fees and Commissions A-7 I2,14~_97 Principal Balance on Hand: Income Receipts A-8 $ 19.79 Income Disbursements A-8 _i 0.00 COMBINED BALANCE ON HAND: Cash AMO[JNT $ 69,614.52 331427.35 $ 36,187.:7 _ 19_79 $ 36,206.96 A-2 PRINCIPAL RECEIPTS CASH Fulton Savings Account # 1125-80698 $ 4,646.20 accrued interest .49 Fulton Certificate of Deposit #012-0202733 6,030.07 accrued interest .45 PSECU Savings Account No. SO1 14,263.01 accrued dividend 2.50 PSECU Checking Account No. S04 3,585.41 accrued dividend .16 $1,000.00 Money Order 1,000.00 West Shore Meals on Wheels, refund 24.00 Retirement check 323.49 Forrest Jones, insurance policy proceeds 1,200.00 Reimbursed 2011-2012 school real estate taxes 284.75 Reimbursed 2012 county real estate taxes 372.44 STOCKS AND BONDS $50.00 Series EE U.S. Savings Bond No. L80 038 109EE $ 138.42 3,643.13 sh Federated Liberty U.S. Govt MM @ $1.00 3,643.13 TANGIBLE PERSONAL PROPERTY Household contents $ 200.00 1989 Toyota Camry 750.00 REAL ESTATE Residence: 432 Herman Avenue, Lemoyne, Pennsylvania TOTAL PRINCIPAL RECEIPTS $ 31,732.97 3,781.55 950.00 35,000.00 $ 71,464.52 A-3 CAPI'T'AL, GAINS AND LOSSES C'r_AIN LOSS 03/23/12 Sold 432 Herman Avenue, Lemoyne, Pennsylvania, for $33,150.00: Basis $35,000.00 ~_ 0.00 1 850.1)0 TOTAL GAINS AND LOSSES LESS GAIN LUNG-TERM CAPITAL LOSS A-~ $ 0.00 $ 1,850.00 0.00 $ 1,850.00 PRINCII~AL I)ISBUl2SEMENTS DEBTS OP DECEDENT 12/28/10 PP&L $ 42.24 12/29/10 PAWC 22.03 12/30/10 Faith Nicola; 2010 real estate tax. (school) 417.07 O1/15/11 Comcast Cable 162.25 01/22/11 Cumberland County Office of Aging 32.24 01/22/11 PA Retna Specialists 8.78 01/22/11 Internists of Cental PA 26.f~6 01/22/11 Pinnacle I-Iealth Emergency 47.56 02/13/11 Cumberland County Office of Aging 39.76 03/05/1 l West Shore EMS; paramedic/ambulance 1,103.46 03/17/11 Holy Spirit Hospital 56.98 03117/11 Camp Hill Fire Co. 70.78 05/14/11 Statewide Tax Recovery; delinquent per capita tax 41.50 05/23/11 Manor Care; final bill 6115.50 1~'LTNERAL EXPENSES O1/15/11 Musselman Funeral Home $ 1,555.00 06/11/11 Lakeview Cemetery; open~'close grave 655.00 ADMINISTRA'T'ION EXPENSES 01115/11 Keystone Uil, heating oil $ 542.57 02%01/11 PAWC 20.58 02/12/11 >3orough of Lemoyne; sewer/trash 167.01 02/12/11 Cumberland Co. Tax Collection Bureau 8l 5.79 02/13/11 Keystone Oil' heating oil 774.94 02/23/11 Checkbook fee 12.00 02/25/11 PP&L 57.OU 03/04/11 PAWS 58.94 03/05/11 Erie Insurance; fire insurance premium 302.00 $ 8,1$6.;5 l 2,210.00 A-5 03!08/11 Morgan, l-lallgren, Croswell ~: Kane.. P.C.; reimbursemcnts: • copy of Deed $ 8.50 • Cumberiand Journal; estate advertising 75.00 • The Sentinel; estate advertising 176.92 03/12/11 Penn Waste, Inc.; trash removal 03/29/11 PP&L 04/01/11 PAWC 04/17/11 Erie Insurance Co.; bal. house insurance 04/21/1 I Faith Nicola; 2011 real estate tax (Borough and County] 04/27/11 PP&L 04/29/11 PAWC: water/sewer 05/26/11 PP&I: 06/01/11 PAWC: water/sewer 06;17/11 Penn Waste: trash removal 06!28!] 1 PP&L 07/01/11 PAWC; water/sewer 07!28/11 PPuI, 08/02/11 PAWC; ewater/sewer 08/26/11 PP&L 08;27/11 Faith A. Nicola; school real estate tax 09/Olr 11 PAWC 09; 06/11 Jeffrey Powell; reimbursed for title transfer $58.50 and probate expense $153.50 09/25/11 Perrn Waste 09/27/11 PP&I_, 10!04/lI PAWC 10/27"11 PP&L, I1/01/11 Keystone Oil 11/04%11 PAWC- 11/28/11 PP~L 11'29/11 PAWC 12/16/11 Morgan, Hallgren, Croswell & Kane, P.C., reimbursements . Inheritance Tax Retunl filing fee $ • additional probate • Snort certificates and divorce decree 15.00 45.00 i Q nn 260.42 45.()0 21.93 58.94 57.00 470.39 25.68 59.00 28.20 59.81 45.00 1 ~~.20 59.oa 1.3.44 59.04 12.95 1,02.1.36 59.04 212..10 4.5.00 13.41 59.~5(~ l 7.04 487.38 59.25 15.64 59.25 7 8.00 A-6 12/21/11 Penn Waste 12/27/11 PP&L 12/29/11 PAWC 01/27/11 PP&L 01/31/12 PAWC 02/23/12 Keystone Oil 02/27/12 PP&L 02/29/12 PAWL 03/23/12 Real estate closing costs 03/27/12 Foremost, home insurance premium $159.08 less refund of $91.08 03/27/12 Morgan, Hallgren, Croswell & Kane, P.C., Deed preparation and notary fee 03/28/12 PP&L 03/30/12 PAWL 04/12/12 Arbitration expense 04/17/12 PP&L 04/19/12 PAWC 05/25/12 Morgan, Hallgren, Croswell & Kane, P.C.; reserve for final costs FEDERAL AND STATE TAXES 03/13/11 Register of Wills, Agent, Pennsylvania inheritance tax FEES AND COMMISSIONS 05/25/12 Raymond Jeffrey Powell, cash 05/25/12 Morgan, Hallgren, Croswell & Kane, P.C., attorney fee TOTAL PRINCIPAL DISBURSEMENTS 45.00 14.99 59.96 14.82 59.25 399.90 15.39 59.25 874.89 68.00 135.00 16.04 60.16 397.50 9.32 33.64 200.00 $ 8,636.27 2,245.30 $ 5,002.52 7,146.45 12,148.97 $ 33,427.35 A-7 INCOiV~F RIC~iP'I'S INTERES"I' 12/27%10 Fulton Bank CD $1.36 legs accrued $.4S 12/30/10 PSECU Savings and ch~:c3in~. $4.82 le-,s accrued $2.66 12/31/10 Fulton Bank Savings $~54 less accrued $.49 02/28/11 Fulton savings 08/25/11 NY Line Insurance Co. TOTAL INCOME RECEIPTS INCOME ®ISBURSI~MENTS NONE $ .91 2.16 .OS .15 16.52 ~ 19.79 $ 19.79 A-8