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HomeMy WebLinkAbout08-22-12 (2)-~/- //-C3 v2Cr ! RECEIPT AND RELEASE WHEREAS, Eugene H. Steffy, late of Camp Hill Borough, County of Cumberland and Commonwealth of Pennsylvania, died on February 9, 2011, having first made his Last Will and Testament in writing probated before the Register of Wills of said Cumberland County on February 25, 2011, and Letters Testamentary were issued on the same date to Patricia S. Thomson, the Executrix named in the Last Will and Testament of said Decedent; and WHEREAS, said Executrix has entered upon and completed her administration of said Decedent's Estate as set forth in her First and Final Account attached hereto, and intends to distribute the net balance of the assets of said Estate to the person named in the Statement of Proposed Distribution also attached hereto, both of said documents being incorporated herein by reference thereto; and NOW, THEREFORE, KNOW ALL MEN BY THESE PRESENTS, that I, the said Patricia S. Thomson being the principal legatee and distributee named in the Will of said Decedent and the person entitled to share in the residuary distribution of the Estate of said Decedent, do hereby declare and say that I have examined the attached Account and Statement of Proposed Distribution, and find the same to be true and correct, and in strip accordance LAW OFFICES """ SNELBAKER SC ~rl--L; :~ r:~` -~.7 --`._ ~-- f.`_ BRENNEMAN, P.C. j - ~. ",_ ~°~ 'W.; i i'~ ~..n' (~) l~1 ~ _,1 ~~ 3> ~ - ar- r?"T C7 C[`i ~'i i with the terms and provisions of said Will, and I do hereby acknowledge that I, this day have, had and received of and from Patricia S. Thomson, Executrix of the Estate of Eugene H. Steffy, the cash and/or personalty set opposite my name in the above mentioned Statement of Proposed Distribution, in full satisfaction, payment and discharge of all such sum or sums of money, legacies and bequests, share or shares, purparts and dividends which were due, owing and payable and belonging to me by any means whatsoever, for or on account of my full share, part or dividend of the Estate of Eugene H. Steffy, Deceased. NOW, THEREFORE, I, the said Patricia S. Thomson, do by these presents, remise, release, quit-claim and forever discharge the said Patricia S. Thomson, her heirs, executors and administrators, of and from my said shares or dividends of the Estate aforesaid, and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, for or by reason thereof, or of any act, matter, cause or thing whatsoever, from the beginning of the world to the day and date of these presents. AND, desiring to avoid the delay and expense of the settlement of said Estate by filing the foregoing Account of said administration in the Office of the Register of Wills of said Cumberland County and by having the balance in the hands of the Executrix, as shown by said Account, distributed by the Court of LAW OFFICES II SNELBAKER 8C BRENNEMAN. P.C. 2 Common Pleas of Cumberland County - Orphans' Court Division, I do hereby agree that the foregoing Account and Statement of Proposed Distribution concerning the matter of settlement may be recorded with the same effect upon me as if the same had been reported upon by said Court, in a decree of distribution made on such proposed Statement of Distribution by the said Court of Common Pleas - Orphans' Court Division. AND in consideration of the aforesaid settlement being made without the aid of such Court of Common Pleas - Orphans' Court Division, that I the said Patricia S. Thomson, do hereby agree that if any debts or demands other than those included in the above referenced First and Final Account, as hereinbefore set forth, shall be hereafter recovered against the Estate of said Decedent and be legally payable out of the same, that I will return to the said Executrix such amounts thereof as may be necessary to pay such debts or demands. IN WITNESS WHEREOF, I have hereunto set my hand and seal this ~~3~h day of August 2012 . WITNESSED BY: Patricia S. Thomson ~i~~SEAL) LAW OFFICES II SNELBAKER 8C BRENNEMAN, F.C. 3 COMMONWEALTH OF PENNSYLVANIA) COUNTY SS. OF CUMBERLAND) On this thec~~}-~~~ day of August 2012, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Patricia S. Thomson, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Notary Public ~~ni o~ ~urusnv~wrn s~ K. a~ s~ R PB~INSYL.vANU Nov. 22, 2015 AS90QAiION OF NOT LAW OFFICES II SNELBAKER LAC BRENNEMAN, P.C. 4 ESTATE NO. 21-11-0261 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY PATRICIA S. THOMSON, EXECUTRIX OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF EUGENE H. STEFFY, DECEASED, LATE OF CAMP HILL BOROUGH, CUMBERLAND COUNTY, PENNSYLVANIA Patricia S. Thomson, Executrix as aforesaid and Accountant herein, avers as follows: DATE OF DECEDENT'S DEATH: DATE LETTERS TESTAMENTARY ISSUED: February 25?2011 DATES EXECUTRIX NOTICE ADVERTISED: Cumberland Law Journal The Sentinel March 18, 2011 March 11, 2011 FIRST AND FINAL ACCOUNT PERSONALTY -PRINCIPAL ACCOUNT DEBITS The Accountant charges herself with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1. Janney Montgomery Scott, LLC, investment account #7926-1379 2. The CGM Funds, investment account ending in account #6752 3• 1998 Buick Lasabre, sale value 4• Ally Demand Notes, demand note #900009011398232 5. Brandt Real Estate, return of security deposit on apartment 6. Health Insurance premium refund due the decedent 7• Household goods, sale value 8. Internal Revenue Service, refund due the decedent on 2010 Individual Return 9• Nationwide Fire Insurance Co., premium refund due the decedent 10. PNC Bank, N.A., checking account #5140061684 11. PNC Bank, N.A., certificate of deposit account #31800316555 12. Susquehanna Bank, certificate of deposit account #10004991443 13. Susquehanna Bank, checking account #10004991559 14. T. Rowe Price Services, Inc., investment accounts #200379599-6 valued at $31,958.29 and account #207013461-6 valued at $51,199.46 15. Railroad retirement death benefit 16. United Health Care Insurance Co., premium refund 17. PPL Electric, refund on electric service 18. Quantum Imaging & Therapeutic Associates, refund 19. Commonwealth of Pennsylvania, Inheritance tax refund 20. Protective Life Insurance Co., annuity payout TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: PERSONALTY -PRINCIPAL ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from Decedent's Personalty Account: SNELBAKER SC LAw o~icES 1. PNC Bank, N.A., deductions from checking account #5140061684 as follows: BRENNEMAN, P.C. a• UGI, gas service b. United Health Care, insurance premium $ 670,587.39 26, 046.92 2, 000.00 97,921.23 705.00 282.00 175.00 1, 761.00 166.10 49,025.68 50,250.96 100,181.23 16, 928.33 83,157.75 1,120.00 1,132.00 60.89 2.27 133.57 373.20 $ 1,102,010.52 $ 497.74 161.86 168.00 Page 1 LAW OFFICES SNELBAKER SG BRENNEMAN, P.C. c. Railroad Retiree Club of PA, membership d. PNC Bank, visa payment 2. Verizon, phone service 3. PA Auto License Brokers, auto registration fee 4. Trinity Evangelical Lutheran Church, funeral luncheon 5. Pinnacle Health Hospital, medical services 6. Patricia S. Thomson, reimburse for following expenses: a. Auer Cremation Services, funeral services b. PPL Electric, electric service c. UGI, gas service d. Freysinger Pontiac, auto repairs e. Newspaper ad to sale auto 7. Verizon Wireless, cell phone service 8. Protective Life Insurance Co., reimburse 2/24/11 payment paid in error 9. Robert C. Thomson, moving expenses paid to G. Brunner 10. Register of Wills, Agent, Estimated Inheritance Tax 11. Register of Wills, filing fee for Inheritance Tax return 12. Register of Wills, Agent, Inheritance Tax 13. Register of Wills, additional probate fee 14. Greenawalt & Company, P.C., preparation of 2011 individual Income taxes 15. Greenawalt & Company, P.C., preparation of 1/31/12 Fiduciary Income taxes The following is to be paid upon distribution of the Estate: 16. Snelbaker & Brenneman, P.C., attorney services 17. Snelbaker & Brenneman, P.C., costs advanced as follows: a. Register of Wills, probate fee b. Cumberland Law Journal, advertise Executrix Notice c. The Sentinel, advertise Executrix Notice d. Register of Wills, short certificates 18. Reserve for filing fees, accountant fees and other miscellaneous costs associated with the administration of the estate TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: PERSONALTY -INCOME ACCOUNT DEBITS The Accountant charges herself with the receipt of the following income from the investment of Personalty Principal: 1. Ally Demand Notes, demand note, interest 2. PNC Bank, N.A. certificate of deposit, interest 3. PNC Bank, N.A., checking account, interest 4. PNC Bank, N.A., estate checking account, interest 5. PNC Bank, N.A., estate money market account, interest 6. Susquehanna Bank, certificate of deposit, interest 7. Susquehanna Bank, checking account, interest 8. T. Rowe Price Services, Inc., investment account, change in value with gain of 73.247 shares with decrease in value per share 9. The CGM Funds, investment account, change in value with gain of 2.486 shares with decrease in value per share 10. Janney Montgomery Scott, LLC, investment account, dividends/gains TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS: 10.00 157.88 41.23 49.00 344.12 1,132.00 565.00 406.19 60.89 25.00 33.92 39.00 36.67 373.20 120.00 51,000.00 15.00 121.44 500.00 475.00 675.00 8, 500.00 595.90 281.50 75.00 219.40 20.00 1, 500.00 $ 66,541.30 197.39 399.52 1.54 0.57 589.14 6,312.97 25.33 -1,573.24 -2,892.76 32,148.23 $ 35,208.69 Page 2 LAW OFFICES SNELBAKER i~C BRENNEMAN, P.C. PERSONALTY -INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Personalty Principal Account: 1. PA Department of Revenue, 2010 Individual Income Tax 2. PA Department of Revenue, 2011 Individual Income Tax 3. U.S. Treasury, 1/31/12 Fiduciary Income Tax 4. PA Department of Revenue, 1/31/12 Fiduciary Income Tax TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS: REAL ESTATE -PRINCIPAL ACCOUNT DEBITS The Accountant charges herself with the receipt of Decedent's Real Estate as follows: TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS: REAL ESTATE -PRINCIPAL ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from Real Estate Principal Account: TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS: REAL ESTATE -INCOME ACCOUNT DEBITS The Accountant charges herself with the receipt of the income from the investment of Real Estate Principal Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, DEBITS: REAL ESTATE -INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Real Estate Income Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: Page 3 ~ 373.00 505.00 4,426.00 824.00 $ 6,128.00 $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE RECAPITULATION PERSONALTY: PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL PERSONALTY $ 1,102,010.52 $ 66,541.30 $ 1,035,469.22 $ 35,208.69 $ 6,128.00 29, 080.69 $ 1,064,549.91 PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL REAL ESTATE: $ NONE $ NONE $ NONE REAL ESTATE: $ NONE $ NONE $ NONE $ NONE TOTAL FOR DISTRIBUTION: $ 1,064,549.91 LAW OFFICES SNELBAKER 8C BRENNEMAN, P. C, Page 4 STATEMENT OF PROPOSED DISTRIBUTION Patricia S. Thomson, Executrix and Accountant herein, proposes to distribute the balance of the Estate of Eugene H. Steffy, Deceased, to wit: $1,064,549.91 in accordance with the Last Will and Testament of said Decedent as follows: Patricia S. Thomson 100% of residue as per Item Three of Will a. Advance Distribution 3/28/12 b. Advance Distribution for household goods sold at yard sale c. T. Rowe Price Services, Inc., Investment account, In-Kind d. Janney Montgomery Scott, LLC, investment account, In-Kind e. The CGM Funds, investment account, In-Kind f. Susquehanna Bank, checking account, In-Kind g. Cash TOTAL FOR DISTRIBUTION: $ 134,455.25 $ 1,064,549.91 $ 75.00 $ 81,584.51 $ 702, 735.62 $ 23,154.16 $ 17,701.41 $ 104,843.96 $ 1,064,549.91 LAW OFFICES SNELBAKER BC ~ENNEMAN, P, C, Page 5 COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF CUMBERLAND Patricia S. Thomson, being duly sworn according to law deposes and says: that she is the Executrix of the Estate and under the Last Will and Testament of Eugene H. Steffy, Deceased, and the Accountant herein; that there are no unpaid creditors or claimants of said Estate; that there are no persons interested in the distribution of said Estate other than as stated in the foregoing Statement of Proposed Distribution; and that the facts set forth in the foregoing First and Final Account and Statement of Proposed Distribution are true and correct to the best of her knowledge, information and belief. Patricia S. Thomson Executrix and Accountant Sworn to and subscribed before me thi~~ day of August 201 No ary ublic COMMGNVWEALTH OF PEf~1NSYL1/ANIq Notarial Seal ~fl eoro, 'Notary PubNc Gunberlarrd My CorrinUssion Fxpkes Nov. 22, 20 SN i~Ne~, rErx~snv~uitn ~~ton of Nor LAW OFFICES SNELBAKER SC BRENNEMAN, P.C. Page 6