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Home My WebLink About12-18-12 (3) Gains and Losses on Sales or Other Dispositions of Principal (Continued) Net Gain Net Loss Inventory Value $ 22,370.22 $ 477.29 11/15/2011 Sale 1,641.04 Shares Vanguard Mid Cap Index Instl Fund Inventory Value $ 35,889.54 Net Proceeds $ 32,870.03 $ 3,019.51 11/15/2011 Sale 5,828.542 Shares Vanguard S/T Federal Investor Fund Net Proceeds $ 63,647.68 Inventory Value $ 63,414.54 233.14 11/15/2011 Sale 327.927 Shares Vanguard Small Cap Index Fund Inventory Value $ 12,280.87 Net Proceeds $ 11,028.19 1,252.68 11/16/2011 Collection Decedent's 2011 required minimum distribution from her IRA account Net Proceeds $ 3,232.00 Inventory Value $ 3,232.00 07/11/2012 Collection Deposit, sale of real property Net Proceeds $ 5,000.00 Inventory Value $ 5,000.00 Total Gains and Losses $ 710.43 $ 22,724.15 Net Loss $ 22,013.72 (9) Estate of Nancy Q. Grim Disbursements of Principal Date Paid Amount Paid Administration Expenses 09/09/2011 Letort Trust, fees $ 410.83 For month ended 8/31/2011 10/11/2011 Letort Trust, fees 390.35 For month ended 9/30/2011 11/09/2011 Letort Trust, fees 379.84 For month ended 10/31/2011 12/09/2011 Letort Trust, fees 380.66 For month ended 11/30/2011 01/09/2012 Letort Trust, fees 193.12 For month ended 12/31/2011 02/09/2012 Letort Trust, fees 192.99 For month ended 01/31/2012 03/09/2012 Letort Trust, fees 192.86 For month ended 02/29/2012 04/09/2012 Letort Trust, fees 130.23 For month ended 03/31/2012 05/09/2012 Letort Trust, fees 65.98 For month ended 04/30/2012 06/11/2012 Letort Trust, fees 65.94 For month ended 05/31/2012 07/09/2012 Letort Trust, fees 65.89 For month ended 06/30/2012 08/09/2012 Letort Trust, fees 70.02 For month ended 07/31/2012 09/10/2012 Letort Trust, fees 53.40 For month ended 08/31/2012 Total Administration Expenses $ 2,592.11 Federal and State Taxes 10/14/2011 Register of Wills, Agent $ 39,000.00 Payment on account of PA Inheritance Taxes (10) Disbursements of Principal (Continued) Date Paid Amount Paid Federal and State Taxes 03/30/2012 Register of Wills, Agent $ 2,002.24 PA Inheritance Tax, balance due Total Federal and State Taxes $ 41,002.24 Fees and Commissions 08/10/2012 Rhoads & Sinon LLP, $ 19,883.71 attorneys' fees and expenses, per invoice #338362 dated 6/28/2012 Total Fees and Commissions $ 19,883.71 Total Disbursements of Principal $ 63,478.06 (11) Estate of Nancy Q. Grim Distributions of Principal to Beneficiaries Fair Market Value Robert R. Grim 08/15/2011 Genworth Long Term Care $ 3,025.15 Insurance, reimbursement Funds distributed to Robert Grim to reimburse him for payment of Decedent's medical expenses. Total To Or For Beneficiary $ 3,025.15 Kelley A. Quain Troia 11/30/2011 Household and personal property $ 1,738.00 12/06/2011 Cash 112,500.00 03/30/2012 Cash 75,000.00 08/08/2012 Residence, 181 Ridge Drive, 181,650.00 Carlisle, Middlesex Township, PA One-half undivided interest in Decedent's residence Total To Or For Beneficiary $ 370,888.00 Michael Quain 11/30/2011 Household and personal property $ 1,738.00 12/06/2011 Cash 112,500.00 04/02/2012 Cash 75,000.00 08/08/2012 Residence, 181 Ridge Drive, 181,650.00 Carlisle, Middlesex Township, PA One-half undivided interest in Decedent's residence Total To Or For Beneficiary $ 370,888.00 Total Distributions of Principal to Beneficiaries $ 744,801.15 Total Distributions of Principal $ 744,801.15 (12) Estate of Nancy Q. Grim Principal Balance On Hand Inventory Value 10/31/2012 Cash and Cash Equivalents Fidelity Prime Inst. MM Fund #2014 $ 61,828.49 Total Cash and Cash Equivalents $ 61,828.49 Total Balance on Hand $ 61,828.49 (13) Estate of Nancy Q. Grim Information Schedules - Principal Inventory Value Exchanges and Stock Distributions Artisan Fds Inc Intl Fund 07/17/2011 685.644 Shs. Received $ 15,570.98 10/13/2011 (58.646) Shs. Sold (1,331.85) 626.998 Shs. On Hand $ 14,239.13 11/15/2011 (626.998) Shs. Sold (14,239.13) Bridgeway Bluechp351ndex Fund 07/17/2011 2,761.437 Shs. Received 21,124.99 10/13/2011 (1,311.48) Shs. Sold (10,032.82) 1,449.957 Shs. On Hand $ 11,092.17 11/15/2011 (1,449.957) Shs. Sold (11,092.17) Buffalo Fds Mid Cap Fund 07/17/2011 731.284 Shs. Received 13,038.79 10/13/2011 (72.642) Shs. Sold (1,295.21) 658.642 Shs. On Hand $ 11,743.58 11/15/2011 (658.642) Shs. Sold (11,743.58) Canonsburg-Houston Pa Jt Auth Mat: 12/01/20113.3% 07/17/2011 10,000 Face Received 10,015.20 11/15/2011 (10,000) Face Sold (10,015.20) Davis NY Venture Fd Inc Cl Y 07/17/2011 883.495 Shs. Received 31,205.04 10/13/2011 (220.291) Shs. Sold (7,780.68) 663.204 Shs. On Hand $ 23,424.36 11/15/2011 (663.204) Shs. Sold (23,424.36) (14) Information Schedules - Principal (Continued) Inventory Value Exchanges and Stock Distributions Deposit, sale of real property 07/11/2012 Received $ 5,000.00 07/11/2012 Collected (5,000.00) DFA Emerging Markets Fund 07/17/2011 354.488 Shs. Received 7,791.65 11/15/2011 (354.488) Shs. Sold (7,791.65) DWS Equity 500 Index Fund 07/17/2011 436.237 Shs. Received 65,199.98 10/13/2011 (58.859) Shs. Sold (8,797.07) 377.378 Shs. On Hand $ 56,402.91 11/15/2011 (377.378) Shs. Sold (56,402.91) Harbor Fd Intl Fund Instl 07/17/2011 245.667 Shs. Received 15,400.86 10/13/2011 (13.686) Shs. Sold (857.98) 231.981 Shs. On Hand $ 14,542.88 11/15/2011 (231.981) Shs. Sold (14,542.88) Janus Perkins Mid Cap Value Fund 07/17/2011 545.126 Shs. Received 12,892.23 10/13/2011 (51.208) Shs. Sold (1,211.07) 493.918 Shs. On Hand $ 11,681.16 11/15/2011 (493.918) Shs. Sold (11,681.16) JP Morgan Small Cap Growth Fund 07/17/2011 405.62 Shs. Received 5,204.10 10/13/2011 (12.64) Shs. Sold (162.17) 392.98 Shs. On Hand $ 5,041.93 11/15/2011 (392.98) Shs. Sold (5,041.93) (15) Information Schedules - Principal (Continued) Inventory Value Exchanges and Stock Distributions Pennsylvania Hsg Fin Agy Mat: 10/01/2012 3.7% 07/17/2011 15,000 Face Received $ 15,312.08 11/15/2011 (15,000) Face Sold (15,312.08) Pimco All Asset Fund 07/17/2011 1,026.089 Shs. Received 12,836.37 11/15/2011 (1,026.089) Shs. Sold (12,836.37) Pimco Low Duration Fund 07/17/2011 6,051.334 Shs. Received 63,539.01 11/15/2011 (6,051.334) Shs. Sold (63,539.01) Pimco Total Return Fund 07/17/2011 2,308.048 Shs. Received 25,480.85 11/15/2011 (2,308.048) Shs. Sold (25,480.85) Plum Boro PA Mun Auth Sewer Rev Mat: 10/01/2014 3% 07/17/2011 15,000 Face Received 15,688.73 11/15/2011 (15,000) Face Sold (15,688.73) Genworth Long Term Care Insurance, reimbursement 07/17/2011 Received 3,025.15 08/15/2011 Distribution (3,025.15) To Robert R. Grim Funds distributed to Robert Grim to reimburse him for payment of Decedent's medical expenses. Residence, 181 Ridge Drive, Carlisle, Middlesex Township, PA 07/17/2011 Received 363,300.00 Valued per attached tax assessment. (16) Information Schedules - Principal (Continued) Inventory Value Exchanges and Stock Distributions 08/08/2012 Distribution $ (181,650.00) To Kelley A. Quain Troia One-half undivided interest in Decedent's residence 08/08/2012 Distribution (181,650.00) To Michael Quain One-half undivided interest in Decedent's residence Decedent's 2011 required minimum distribution from her IRA account 11/16/2011 Received 3,232.00 11/16/2011 Collected (3,232.00) Third Ave Small Cap Value Fund 07/17/2011 940.264 Shs. Received 20,563.57 10/13/2011 (86.087) Shs. Sold (1,882.72) 854.177 Shs. On Hand $ 18,680.85 11/15/2011 (854.177) Shs. Sold (18,680.85) Household and personal property 07/17/2011 Received 3,476.00 Valued per attached appraisal 11/30/2011 Distribution (1,73 8.00) To Michael Quain 11/30/2011 Distribution (1,73 8.00) To Kelley A. Quain Troia Vanguard Total Bond Market Index Fund 07/17/2011 2,075.16 Shs. Received 22,370.22 11/15/2011 (2,075.16) Shs. Sold (22,370.22) (17) Information Schedules - Principal (Continued) Inventory Value Exchanges and Stock Distributions Vanguard Mid Cap Index Instl Fund 07/17/2011 1,781.407 Shs. Received $ 38,959.37 10/13/2011 (140.367) Shs. Sold (3,069.83) 1,641.04 Shs. On Hand $ 35,889.54 11/15/2011 (1,641.04) Shs. Sold (35,889.54) Vanguard S/T Federal Investor Fund 07/17/2011 5,828.542 Shs. Received 63,414.54 11/15/2011 (5,828.542) Shs. Sold (63,414.54) Vanguard Small Cap Index Fund 07/17/2011 348.969 Shs. Received 13,068.89 10/13/2011 (21.042) Shs. Sold (788.02) 327.927 Shs. On Hand $ 12,280.87 11/15/2011 (327.927) Shs. Sold (12,280.87) (18) Estate of Nancy Q. Grim Receipts of Income Income Collected Canonsburg-Houston Pa Jt Auth Mat: 12/01/20113.3% 12/01/2011 Interest on 10,000 Par $ 165.00 Less accrued portion (42.17) $ 122.83 DFA Emerging Markets Fund 09/09/2011 Dividend on 354.488 Shares $ 49.98 49.98 DWS Equity 500 Index Fund 09/28/2011 Dividend on 436.237 Shares $ 275.35 275.35 Fidelity Prime Inst. MM Fund #2014 09/01/2011 Dividend $ 0.19 09/14/2011 Dividend 2.83 (from Acct. #3283, 8/1 dividend) 10/03/2011 Dividend 2.79 11/01/2011 Dividend 2.79 12/01/2011 Dividend 34.18 01/01/2012 Dividend 38.77 02/01/2012 Dividend 36.29 03/01/2012 Dividend 36.44 04/01/2012 Dividend 38.03 05/01/2012 Dividend 12.94 06/01/2012 Dividend 12.09 07/02/2012 Dividend 11.00 08/09/2012 Dividend 12.15 09/04/2012 Dividend 9.65 (19) Receipts of Income (Continued) Fidelity Prime Inst. MM Fund #2014 250.14 Pennsylvania Hsg Fin Agy Mat: 10/01/2012 3.7% 10/03/2011 Interest on 15,000 Face $ 277.50 Less accrued portion (163.42) 11/15/2011 Interest on Sale 72.46 186.54 Pimco All Asset Fund 09/16/2011 Dividend on 1,026.089 Shares $ 167.71 167.71 Pimco Low Duration Fund 09/01/2011 Dividend on 6,051.334 Shares $ 6.80 09/14/2011 Dividend on 6,051.334 Shares 103.20 (from Acct. #3283, 8/l/ dividend) 10/03/2011 Dividend on 6,051.334 Shares 101.27 11/01/2011 Dividend on 6,051.334 Shares 97.95 12/01/2011 Dividend on 0 Shares 45.55 354.77 Pimco Total Return Fund 09/01/2011 Dividend on 2,308.048 Shares $ 4.12 09/14/2011 Dividend on 2,308.048 Shares 57.08 (from Acct. #3283, 8/1/ dividend) 10/03/2011 Dividend on 2,308.048 Shares 69.15 11/01/2011 Dividend on 2,308.048 Shares 68.58 12/01/2011 Dividend on 2,308.048 Shares 35.30 234.23 (20) Receipts of Income (Continued) Plum Boro PA Mun Auth Sewer Rev Mat: 10/01/2014 3% 10/03/2011 Interest on 15,000 Face $ 225.00 Less accrued portion (132.50) 11/15/2011 Interest on Sale 58.75 $ 151.25 Vanguard Total Bond Market Index Fund 09/01/2011 Dividend on 2,075.16 Shares $ 3.80 09/14/2011 Dividend on 2,075.16 Shares 55.39 (from Acct. #3283, 8/1 dividend) 10/03/2011 Dividend on 2,075.16 Shares 57.73 11/01/2011 Dividend on 2,075.16 Shares 57.36 12/01/2011 Dividend on 0 Shares 25.74 200.02 Vanguard S/T Federal Investor Fund 09/01/2011 Dividend on 5,828.542 Shares $ 3.38 09/14/2011 Dividend on 5,828.542 Shares 51.22 (from Acct. #3283, 8/1 dividend) 10/03/2011 Dividend on 5,828.542 Shares 51.00 11/01/2011 Dividend on 5,828.542 Shares 54.58 12/01/2011 Dividend on 0 Shares 25.21 185.39 Total Income Collected $ 2,178.21 Total Income Received $ 22178.21 (21) Estate of Nancy Q. Grim Gains and Losses on Sales or Other Dispositions of Income Net Gain Net Loss 11/15/2011 Sale 2.576 Shares DFA Emerging Markets Fund Inventory Value $ 49.98 Net Proceeds $ 47.45 $ 2.53 11/15/2011 Sale 2.136 Shares DWS Equity 500 Index Fund Net Proceeds $ 304.23 Inventory Value $ 275.35 $ 28.88 Total Gains and Losses $ 28.88 $ 2.53 Net Gain $ 26.35 (22) Estate of Nancy Q. Grim Disbursements of Income Date Paid Amount Paid Total Disbursements of Income $ 0.00 (23) Estate of Nancy Q. Grim Distributions of Income to Beneficiaries Fair Market Value Total Distributions of Income $ 0.00 (24) Estate of Nancy Q. Grim Income Balance On Hand Inventory Value 10/31/2012 Cash and Cash Equivalents Fidelity Prime Inst. MM Fund #2014 $ 2,204.56 Total Cash and Cash Equivalents $ 2,204.56 Total Balance on Hand $ 2,204.56 (25) Estate of Nancy Q. Grim Information Schedules - Income Inventory Value New Investments DFA Emerging Markets Fund 09/09/2011 2.576 Shs. Purchased via $ 49.98 Reinvestment DWS Equity 500 Index Fund 09/28/2011 2.136 Shs. Purchased via 275.35 Reinvestment Total New Investments $ 325.33 Exchanges and Stock Distributions DFA Emerging Markets Fund 09/09/2011 2.576 Shs. Income Reinvestment 49.98 11/15/2011 (2.576) Shs. Sold (49.98) DWS Equity 500 Index Fund 09/28/2011 2.136 Shs. Income Reinvestment 275.35 11/15/2011 (2.136) Shs. Sold (275.35) (26) VERIFICATION KELLEY A. QUAIN TROIA and MICHAEL QUAIN, Co-Executors of the Will of Nancy Q. Grim, Deceased, hereby declare under oath that they have fully and faithfully discharged the duties of their office; that the foregoing First and Final Accounting is true and correct, and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Estate have been paid in full or adequately provided for; that, to their knowledge, there are no claims outstanding against the Estate; that all taxes presently due from the Estate have been paid or adequately provided for; and that the grant of Letters Testamentary and the first complete advertisement thereof occurred more than four months before the filing of the foregoing First and Final Accounting. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. Kelley A. Quain Troia, Co-Executor Michael Quain, Co-Executor Dated: 868103.1 VERIFICATION KELLEY A. QUAIN TROIA and MICHAEL QUAIN, Co-Executors of the Will of Nancy Q. Grim, Deceased, hereby declare under oath that they have fully and faithfully discharged the duties of their office; that the foregoing First and Final Accounting is true and correct, and fully discloses all significant transactions occurring during the accounting period; that all known claims against the Estate have been paid in full or adequately provided for; that, to their knowledge, there are no claims outstanding against the Estate; that all taxes presently due from the Estate have been paid or adequately provided for; and that the grant of Letters Testamentary and the first complete advertisement thereof occurred more than four months before the filing of the foregoing First and Final Accounting. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. Kelley A. Quai Troia o-Executor Michael Quain, -Executor Dated: 868109.1 ESTATE OF NANCY Q. GRIM STATEMENT OF PROPOSED DISTRIBUTION Balance on Hand, per Accounting: Principal $61,828.49 Income 2,204.56 $64,033.05 Less: Reserves: Rhoads & Sinon LLP, attorneys' fees $ 7,900.00 Rhoads & Sinon LLP, final expenses 72.30 7,972.30) Balance available for distribution $56,060.75 Proposed Distribution TO: KELLEY A. QUAIN TROIA One-half residuary share Principal $26,928.09 Income 1,102.28 28,030.37 TO: MICHAEL QUAIN One-half residuary share Principal $26,928.10 Income 1,102.28 28,030.38 TOTAL S56,060.75 EXHIBIT "A" 17.1