HomeMy WebLinkAbout08-31-12 (3)RECEIPT AND RELEASE
WHEREAS, Harvie A. Bretz, Jr., late of Hampden Township,
County of Cumberland and Commonwealth of Pennsylvania, died on
August 12, 2010, having first made his Last Will and Testament in
writing probated before the Register of Wills of said Cumberland
County on August 18, 2010, and Letters Testamentary were issued
on the same date to R. Michael Bretz, the Executor named in the
Last Will and Testament of said Decedent;
and
WHEREAS, said Executor has entered upon and completed his
administration of said Decedent's Estate as set forth in his
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, I R. Michael
Bretz, being the principal legatee and distributee named in the
Will of said Decedent and the person entitled to share in the
residuary di stribution of the Estate of said Decedent, do hereby
declare and say that I have examined the attached Account and
Statement of Proposed Distribution, a nd find the same to be true
and correct, and i_n strict accordance with the terms and °=~_
LAW OFFICES
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provisions of said Will., and I do hereby acknowledge that I, this
day have, had and received of and from R. Michael Bretz, Executor
of the Estate of Harvie A. Bretz, Jr., the cash, personalty
and/or real estate 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 Harvie A. Bretz, Jr., Deceased.
NOW, THEREFORE, I the said R. Michael Bretz do by these
presents, remise, release, quit-claim and forever discharge the
said R. Michael Bretz, his heirs, executors and administrators,
of and from my said share or dividend 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
Executor, as shown by said Account, distributed by the Court of
Common Pleas of Cumberland County - Orphans' Court Division, I do
hereby agree that the foregoing Account and Statement of Proposed
LAW OFFICES
~NELBAKER SC 2
'ENNEMAN, P.C.
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 R. Michael Bretz, 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 Executor such amounts thereof as may be necessary to pay
such debts or demands.
IN WITNESS WHEREOF, I have hereunto set my hand and seal
d a o f ~. l ~,.,.~~~. S' ~ 2 012 .
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WITNESSED BY: `~/
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R. Michael Bretz ~,,.
AW OFFICES
~ELBAKER SC 3
NNEMAN, P.C.
COMMONWEALTH OF PENNSYLVANIA)
. SS.
COUNTY OF CUMBERLAND)
On this the~~~`--~ day of ~~~,`~r'"~ 2012, before me, a
Notary Public in and for said State and County, the undersigned
officer, personally appeared R. Michael Bretz, known to me (or
satisfactorily proven) to be the person whose name is subscribed
to the within instrument and acknowledged that he executed the
same for the purposes therein contained.
IN WITNESS WHEREOF, I hereunto set my hand and official
seal.
Notary Public
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Sandra K. Showers, Notary PubNe
Mechanksburg Born, Cumberland County
My Commission Expires Nov. 22, 2015
MEMBER, PENNSYLVANIA ASSOCIATION OF NOTARIE
4W OFFICES
!ELBAKER SC 4
~NEMAN, P.C.
ESTATE NO. 21-10-0855
FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED
DISTRIBUTION OF AND BY R. MICHAEL BRETZ, EXECUTOR
OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT
OF HARVIE A. BRETZ, JR., DECEASED, LATE OF HAMPDEN
TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA
R. Michael Bretz, Executor as aforesaid and Accountant herein,
avers as follows:
DATE OF DECEDENT'S DEATH: August 12, 2010
DATE LETTERS TESTAMENTARY ISSUED: August 18, 2010
DATES EXECUTOR'S NOTICE ADVERTISED:
Cumberland Law Journal September 3, 10, 17, 2010
The Sentinel August 31, September 7, 14, 2010
FIRST AND FINAL ACCOUNT
PERSONALTY -PRINCIPAL ACCOUNT
DEBITS
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NELBAKER SC
-NNEMAN, P.C
The Accountant charges himself with the receipt of the following items of
Decedent's Personalty valued as of the date of Decedent's death:
1. U.S. Savings Bonds, 23 EE bonds $ 28,502.80
2. 1947 Willys Jeep, appraised value 475.00
3. 1977 Trailer, appraised value 500.00
4. 1980 Ford pickup truck, sale value 500.00
5. 1996 Ford Ranger truck, sale value 1,450.00
6. American Sentinel Insurance Co., refund due the decedent 3.63
7. Central Reserve Life Co., refund due the decedent 192.89
8. Comcast Financial Agency, refund due the decedent 60.74
9. Nationwide Mutual Insurance Co., refund due the decedent 61.90
10. West Shore Pathology Assoc., Inc., refund due the decedent 57.02
11. Williams Grove Historical Steam Engine Assoc., refund due the decedent 384.80
12. R. Michael Bretz, transfer from joint account held at Citizens 2 500.00
13. Verizon, refund overpayment of funds paid from joint account at Citizens 37.13
14. Nationwide Mutual Insurance Co., refund homeowners premium 81.00
TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, DEBITS: $ 34,806.91
PERSONALTY -PRINCIPAL ACCOUNT
CREDITS
The Accountant claims credit for the payment of the following items from
Decedent's Personalty Account:
1. Citizens Bank, service fee
2. Register of Wills, short certificates
3. Martin Flannery, 2010 Income Tax preparation
4. Register of Wills, filing fee for Inheritance Tax return
5. Register of Wills, Agent, Inheritance Tax
22.00
28.00
150.00
15.00
3,033.98
Page 1
6. Register of Wills, additional probate fee
The following items will be paid upon distribution of the estate
7. Snelbaker & Brenneman, P.C, attorney fees
8. Snelbaker & Brenneman, P.C, costs advanced as follows:
a. Register of Wills, probate fee
b. The Sentinel, advertise Executors Notice
c. Cumberland Law Journal, advertise Executors Notice
9. Register of Wills, filing fee for Receipt & Release and Inventory
TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS:
PERSONALTY -INCOME ACCOUNT
DEBITS
The Accountant charges himself with the receipt of the following
income from the investment of Personalty Principal:
1. Citizens Bank, estate money market account, interest
TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS:
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 Final Individual taxes due
TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS:
REAL ESTATE -PRINCIPAL ACCOUNT
DEBITS
The Accountant charges himself with the receipt of Decedent's
Real Estate as follows:
1. Property known and numbered as 5415 Wertzville Road, Hampden
Township, Cumberland County, Enola, PA 17025, sale value
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:
1. PPL, electric service
2. Hampden Township, sewer/refuse service
3. Michael Langan, Tax Collector, real estate taxes
4. Nationwide Insurance, homeowners insurance
5. Leffler Energy, fuel oil
6. Real Estate settlement charges as follows:
a. Seller assistance
b. Notary fee
c. Tax certification
AW OFFICES d. Transfer taxes
~ELBAKER & TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS:
NNEMAN, P.C.
50.00
4,467.75
609.90
315.50
219.40
75.00
20.00
$ 8, 396.63
$ 467 9~
467.92
$ 6.00
6.00
$ 177,407.04
1 / 1,407.04
$ 41.71
450.00
1, 909.27
212.00
188.21
8,950.39
7,165.39
10.00
10.00
1,765.00
11,151.58
Page 2
AW OFFICES
!ELBAKER SC
JNEMAN, P.C.
REAL ESTATE -INCOME ACCOUNT
DEBITS
The Accountant charges himself 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
$ NONE
$ NONE
$ NONE
$ NONE
RECAPITULATION
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ELBAKER SC
!NEMAN, F.C.
PERSONALTY:
PRINCIPAL ACCOUNT:
Debits
Credits
Balance
INCOME ACCOUNT:
Debits
Credits
Balance
TOTAL PERSONALTY
REAL ESTATE:
PRINCIPAL ACCOUNT:
Debits
Credits
Balance
INCOME ACCOUNT:
Debits
Credits
Balance
TOTAL REAL ESTATE:
TOTAL FOR DISTRIBUTION:
$ 34, 806.91
$ 8, 396.63
$ 26,410.28
$ 467.92
$ 6.00
$ 461_.92
$ 26,872.20
$ 177,407.04
$ 11,751.58
$ 165,655.46
$ NONE
$ NONE
$ 192, 527.66
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STATEMENT OF PROPOSED DISTRIBUTION
N OFFICES
LBAKER 8c
JEMAN, P.C.
R. Michael Bretz, Executor and Accountant herein, proposes to
distribute the balance of the Estate of Harvie A. Bretz, Jr., Deceased, to wit:
$ 192,527.66 in accordance with the Last Will and Testament of said Decedent
as follows:
R. Michael Bretz
100% of residue as per Item Third of Will
a, U.S. Savings Bonds, 23 EE bonds, In-Kind $ 28
502
80
b. 1947 Willys Jeep, In-Kind $ ,
.
47
c.
1977 Trailer
In-Kind 5.00
d. ,
Advance distribution proceeds from sale of pickup trucks $
$ 500.00
1
950
00
e. Advance distributions 3/19/12 & 4/7/12 $ ,
.
33
f.
Cash ,500.00
$ 127,599.86
TOTAL FOR DISTRIBUTION:
$ 192, 527.66
~ y1,5Z7.66
Page 5
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND SS:
R. Michael Bretz, being duly sworn according to law deposes and sa s'
Y~
that he is the Executor of the Estate and under the Last Will and Testa
ment of
Harvie A. Bretz, Jr., Deceased, and the Accountant herein; that there a
re 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 for
egoing
Statement of Proposed Distribution; and that the facts set forth in the for
egoing
First and Final Account and Statement of Proposed Distribution are true
and
correct to the best of his knowledge, information and belief.
~ ~ _
R. Michael Bretz; ,.
Executor and Accountant
Sworn to and subscribed before me
this,~~~{~day of ~~
~' S ~~ 2012
CY;~ ~
Notary Public
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Sandra K. Showers, Notary• Public
M~ Boro, Cumberland County
~ ~~Ission Expires Nov. 22, 2015
ASSOQATiON OF NOT
~~W OFFICES
ELBAKER SC
!NEMAN, P.C,
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