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HomeMy WebLinkAbout12-10-12 RECORDED REGIS E 0 LIN? DES 10 FI" 'j IN RE: THE ESTATE OF -TIDE COURT OF COMMON PLEAS OF MARJORIE RODGERS pp C L E sA CUMBERLAND COUNTY, PENNSYLVANIA LATE OF MECHANICSBURG BOR8 W CUMBERLAND COUNWM B E R'L fi~ i z PENNSYLVANIA NO. 21-11-01280 RECEIPT, RELEASE, REFUNDING AND INDEMNITY AGREEMENT CONCERNING DISTRIBUTION FROM ESTATE THIS AGREEMENT, based upon the family circumstances outlined, is entered into with the Executrix by each beneficiary, from the date of formalization of her separate Consent: 1. MARJORIE RODGERS, died Testate on November 15, 2011. 2. Decedent's Will, dated November 17, 2005 provided for various bequests, and designated Denise H. Koser and Norma F. Strothers to serve as Co-Executors. 3. The said Norma F. Strothers filed a Renunciation to her appointment to serve as a Co- Executor. 3. Said Will was accepted by the Register of Wills of Cumberland County for probate on November 30, 2011, Denise H. Koser was appointed Executrix, and steps necessary to complete the administration were undertaken. 4. The beneficiaries desire that the distribution of the assets of the Estate be made without the formality of an Accounting in the Orphans' Court Division of the Cumberland County, Pennsylvania Court of Common Pleas, and the Executrix is willing to make this distribution upon the execution of this Agreement. 5. The beneficiaries desire to forever settle and compromise any and all claims and rights which they may possess, now or hereafter, in the Estate and to confirm their acceptance of the distribution in satisfaction of the bequest contained in the decedent's Last Will and Testament. 6. The beneficiaries wish to release the Executrix and to indemnify her against any and all claims that may be asserted against the Estate with the Executrix after the date hereof. 7. The Executrix is willing to make a distribution of informal settlement of the Estate in consideration of the indemnification and agreements hereinafter provided by the beneficiaries. r NOW, THEREFORE, in consideration of the foregoing and intending to be legally bound hereby, jointly and severally, the beneficiaries do, for themselves, their heirs, personal representatives, successors and assigns, agree as follows: A. Represent and warrant that they have read and they understand this Agreement and confirm that the facts set forth above are true and correct, to the best of their knowledge, information and belief. B. Declare that they have sufficient information to make an informed waiver of their right to a formal accounting with the Court.. and do hereby waive the filing and auditing of said formal accounting. C. Acknowledge that the distributive share shall be in satisfaction of their respective entitlements under the Will. D. Release, remise, quitclaim and forever discharge the Executrix, her heirs, personal representatives, successors and assigns, from and against all claims that they, as residuary beneficiaries of the Estate, had, now have, or may in the future have in connection with the Estate. E. Agree to refund, on demand, all or any part of their proportionate share of any aforesaid distribution, which has been determined by the Executrix, or by the Court, or by any court of competent jurisdiction, to have been improperly made. F. Agree to indemnify and hold harmless the Executrix, her heirs, personal representatives, successors and assigns, from and against any and all claims, loss, liability or damage (whether or not related to the negligence of the Executrix that may hereafter be asserted against the Estate or against the Executrix. G. Agree to execute such additional documents as may be necessary to effectuate the agreements set forth herein. H. Acknowledge that this Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Pennsylvania. I. Consent to the Court exercising personal jurisdiction over them in any suit or action arising out of the enforcement of this Agreement. IN WITNESS WHEREOF, the beneficiaries have set their hands and seals to the Consents attached hereto, to be effective as of the date first above written. CONSENT TO RECEIPT, RELEASE REFUNDING AND INDEMNITY AGREEMENT CONCERNING DISTRIBUTION FROM ESTATE The undersigned, DENISE H. KOSER, a beneficiary of the Last Will and Testament of MARJORIE RODGERS, Deceased, hereby consents to the Receipt, Release, Refunding and Indemnity Agreement Concerning Distribution From Estate, a copy of which has been provided to her. The undersigned also acknowledges receipt of her share of the Estate, as more particularly described in the aforesaid Agreement, including the Accounting, subject to all the terms and conditions specified therein. DENISE H. KOSER COMMONWEAL OF PENNSYLVANIA SS. COUNTY OF YH On this, th /6__-_ day of -_--2012, before me, a the undersigned officer, personally appeared DENISE H. KOSER, l awn to me to be the person whose name is subscribed to the within instrument, and acknowledged that sLc execLitcd th-c si;nic for th.: purpose Cherc:.< cGRCuint d. IN WITNESS WHEREOF, I have hereunto ayawnd ndNotarialcal. PL~ C i Janet S. Gore, y";otar Nblic d isbu-y en York CaunLy LMy Comr s~fti i rt„rE: JCu. 2j. 2014 M ,mbar, PeruZ-Vivar., 2 sU atiCn ai' N"o:-Os CONSENT TO RECEIPT, RELEASE REFUNDING AND INDEMNITY AGREEMENT CONCERNING DISTRIBUTION FROM ESTATE The undersigned, NORMA F. STROTHERS, a beneficiary of the Last Will and Testament of MARJORIE RODGERS, Deceased, hereby consents to the Receipt, Release, Refunding and Indemnity Agreement Concerning Distribution From Estate, a copy of which has been provided to her. The undersigned also acknoxdedges receipt other share of the Estate, as more particularly described in the aforesaid Agreement, including die Accounting, subject to all the terms and conditions specified therein. NOMA F. STROTHERS COMMONWEALTH OF PENNSYLVANIA : SS. COUNTY OF 2012, before me, a On this, thg day of G t~ 1 G~ the undersigned officer, personally appeared NORMA F. STROTHIS, known to me to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purpose therein contained. IN WITNESS WHEREOF, I have hereun set ~m hand and otar Seal. C 1 NOTARY PUBLIC 10 COMMONWEALTH OF PENNSYLVANIA Notarial Seal Janet S. Gore, Notary Public Dlllsburg Boro, York County My Commisslon Expires Oct. 2S, 2014 Member. Pennsvlvanla Association of Notaries