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HomeMy WebLinkAbout01-31-13...; ,~ ESTATE OF SAUNDRA L. THOMAS _~ ~-~-' „:`' '~`~ H 4 R....} ~ 1 ~ _.-, , File No. 21-11-0988 ` ~` j~ ~~ `~~~~: ~ ~- :. ;_., FAMILY SETTLEMENT AGREEMENT ~ ~ - ~ . . ~- , r~ THIS AGREEMENT made this ~J~day of ,~'~; X1~.~,~~.~ ' ,.,.;201,2, ~,, ~. BETWEEN: ERIC B. THOMAS, JAMES THOMAS, KAREN J. THOMAS, KEVIN R. THOMAS, and SCOTT THOMAS, being the heirs-at-law of Saundra L. Thomas, late of the Township of Southampton, Cumberland County, Pennsylvania, AND KEVIN R. THOMAS, Administrator of the Estate of Saundra L. Thomas, deceased, WHEREAS, Saundra L. Thomas died March 17, 2011, intestate; and WHEREAS, Letters of Administration were granted to Kevin R. Thomas on September 16, 201 1, by the Register of Wills of Cumberland County, Pennsylvania; and WHEREAS, all assets of the late Saundra L. Thomas have been liquidated or distributed and all her debts paid in full; and WHEREAS, the period of four months having been terminated since the first advertisement of the issuance of Letters to the said Administrator, the said parties hereto desire to waive the duty of the Administrator to file a First and Final Account with Proposed Schedule of Distribution for purposes of confirmation by the Court of Common Pleas of Cumberland County, Orphan's Court Division, AND FURTHER desire that a Family Settlement Agreement be executed, which Family Settlement Agreement will be duly recorded among the deed records in and for Cumberland County. /~ WEIGLE & ASSOCIATES, P.C. - ATTORNEYS AT LAW - i26 EAST KING STREET - SHIPPENSBURG, PA 17257-1397 ;° ,i NOW, THEREFORE, WITNESSETH, that the parties hereto, in consideration of the premises above stated, and of the Accounting and Proposed Schedule of Distribution attached hereto and made a part hereof, and the receipt of their distributive shares as therein shown, do bind themselves to the said Distribution and Accounting as set forth and further mutually release Kevin R. Thomas, Administrator, from all claims and demands whatsoever arising out of settlement of the Estate of Saundra L. Thomas. The parties hereto do further agree that should any liability come due to the estate of the said decedent after the signing of this agreement, they do hereby covenant and agree with the aforesaid personal representative that they will contribute pro rata their share of the estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said estate or the aforesaid personal representative after the signing, sealing and delivery of this family settlement agreement and final release. IN WITNESS WHEREOF, the parties have hereunto set their hands and seals the day and year first above written. ~-r~-~ -----~--___ ~ ~r"~'' (SEAL) ~--Eric B. Thomas;: r= ;~ -~ ~ ~,~r~ `'-~} ~~-~~/°~' (SEAL) James Thomas <~..~ ; ~ , ~,~~ r ~ SEAL) Karen J. ~ oma~..-~ ~ ~ -' .-~ µ,,• ~ +;~ ! I '~ (SEAL) ,% . evin R. Thomas ... ~ ~~~~~~... (SEAL) Sc Thomas WEIGLE & ASSOCIATES, P.C. -ATTORNEYS AT LAW - 126 EAST KING STREET - SHIPPEN58URC;, PA 17257-1397 COMMONWEALTH OF PENNSY VANIA before me, the undersigned officer, personally appeared ERIC B. THOMAS, known to SS COUNTY OF On this, the day of 2012, 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. COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~ '"-~ ~1~+. ~ ~ t' t ~r-,: ~r~ i ~/V '` ~~ SEAL) ~, (~"iV~ ~i ; ° i ~ ~ `~a r _ k e._a i ; r : ~ ~ ~:;: ~ l~f r~, l\i ! r-~ ". .. ... SS On this, the ~'~ '? ~" day of `~_17t.,i,t. f~. t_~-; 2012, r~ : , before me, the undersigned officer, personally appeared JAMES THOMAS, 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. ='t ;~ ,,~ 1 :.~... ~` ,3 , ~ . ~ ~ -~ (SEAL) Notarial Seal Linda K. Klein, Notary Public Shippensburg, PA Cumberland County WEIGLE & ASSOCIATES, P. C. - ATTORNEYS AT LAW - 126 EAST ~l~n ~A/~'17Z 7-]397 COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this, the ~ ~~ da of ~' ' `! ~~~`~ ~~. 2012, y before me, the undersigned officer, personally appeared KAREN J. THOMAS, 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. ~, .~ ` (SEAL) y E ~~T~ O; ~_~~ r~~ ~ - ~- I i l I,F Y t a i 1T11~ ~ ~~ ,, ~~C1~L~ P' ~ .,.~ : .., .... ~ ~ r ~ ~. ~ { ~~ ~ l7 i ~'~€3 COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this the ~ ~ ~~ V~~ da of ~ ~~~_ ~~7i''~ 2012 y ~ > before me, the undersigned officer, personally appeared KEVIN R. THOMAS, 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. ,. (SEAL) COPJit~,C ~' a`~ it ~ f -~ pp City c~'+ ,~ '` ~ 2J14 ,_, ,;- ~r~y ~n F ~; ~; ~ ,..~.n5....V..~.,~..~..r.-- WEIGLE & ASSOCIATES. P.C. -ATTORNEYS AT LAW - 126 E °i'C'tIrPC" STKtE.ET - SHIPPENSBURG, PA 17257-1397 COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND ,~ ~ r `~ On this, the ~ ~,~ '~~ day of ~ 1"' ;~f,~` °~/ 2012, before me, the undersigned officer, personally appeared SCOTT THOMAS, 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. ,~ ,,~ ~~' ~,. ~--~ ~ , T~ AL> .~, F ~...<~ . ,.. ... ._a .__.~_ _ .. t: P ~'`~ r i~ , P~ g r .~..s...~., .~ ~......,..~. ,..............~ ~w . ,e...,.a.~... 5 WEIGLE & ASSOCIATES, P. C. - ATTORNEYS AT LAW - 126 EAST KING STREET - SHIPPENSBURG, PA 17257-1397 In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-11-0988 Estate of Saundra L. Thomas. Deceased Southampton Township, Cumberland County First and Final Account Kevin R. Thomas, Administrator Date of Death: Date of Incapacity, if any: Date of Administrator's Appointment: Date of First Complete Advertisement: Accounting for the period: 03/17/2011 None 09/16/2011 09/30/2011 03/17/2011 to 11 /15/2012 Purpose of Account: Kevin R. Thomas, Administrator, offers this Account to acquaint interested parties with the transactions that have occurred during the Administration. It is important that the Account be carefully examined. Requests for additional information or questions or objections can be discussed with: Jerry A. Weigle Esquire Weigle & Associates, P.C. 126 East King Street Shippensburg, PA 17257 717/532-7388 Supreme Court I.D. No. 01624 SUMMARY OF ACCOUNT Estate of Saundra L. Thomas, Deceased Eor the period of March 17~ 2011 through November 15, 2012 PAGES PRINCIPAL Receipts: This Account Net Gain (or Loss) on Sales or Other Dispositions Less Disbursements: Debts of Decedent Funeral Expenses Administration Expenses Federal, State & Local Taxes Commissions Fees Family Exemption Balance Before Distributions Transfer to (from) Principal Distributions to'Beneficiaries Principal Balarice on Hand For Information: Investments Made Changes in Holdings INCOME Receipts This Account Net Gain (or Loss) on Sales or Other Dispositions Less Disbursements Balance Before Distributions Transfer to (from) Income Distributions to Beneficiaries -- Income Balance on Hand For Information: Investments Made Changes in Holdings COMBINED BALANCE ON HAND Signature Verification 3 - 4 155,337.07 5 -700.87 154,636.20 6 14,326.70 6 10,641.22 6 - 7 924.75 7 3,886.63 0.00 7 6,587.00 'j 8 3,500.00 39,866.30 114 769.90 ' ~. 0.00 ~ 9 - 10 114,770.00 11 -0.10 12 13 0.10 o.oo 0.10 0.00 0.10 ,. 0.00 0.00 14 0.10 15 0.00 16 17 -2- SCHEDULE A RECEIPTS OF PRINCIPAL Assets Listed in Inventory (Valued as of Date of Death) Cash American Community Federal Credit Union Checking Account 624-55-1 American Community Federal Credit Union Checking Account 624-55-1 -net of miscellaneous debits and credits to account from date of death to closing on 11 -22-11 American Community Federal Credit Union Savings Account 624-00-1 Accrued interest on above item through date of death Total Cash P l P t ersona roper y 1998 Cadillac Eldorado -sold to Kevin Thomas on 4-5 -12 for payoff of debt totaling $2,799.13 Personal Property - at appraised values Total Personal Property R l E t t ea s a e Residence at 19 White House Road, Shippensburg - Southampton Township, Cumberland County, PA Total Real Estate Total Receipts 06/09/2011 Subse uent Principal Receipts Chambersburg Hospital -refund 03/31/2011 Contributions from family in equal shares -for payment of grave site excavation ($585.00) and funeral reception ($215.00) 10/03/2012 Contributions from family members - in equal shares for payment of family exemption (unpaid to date) 05/23/2012 Contributions from family of insurance proceeds toward funeral bill 12/27/2011 Contributions from Karen Thomas -for payment of homeowner's insurance premiums -3- Fiduciary Acquisition Value 416.68 1,857.30 177.37 0.08 2,451.43 3,500.00 1,770.00 5,270.00 113,000.00 113,000.00 120,721.43 94.93 800.00 3,500.00 8,030.65 881.95 SCHEDULE A RECEIPTS OF PRINCIPAL Continued 10/31/2012 Contributions to be made by Kevin, Eric, Karen, Scott, and James -for payment to Kevin to reimburse him for payments of funeral ($1,810.57); Letters of Administration ($320.50); appraisal fee ($135.00); cost of filing Satisfaction of Claim ($10.00); and attorney fees ($887.00) -totaling $3,153.07, less $139.70 retained by Kevin from decedent's checking account 06/28/2011 Lowe's -refund of credit balance 03/17/2011 M & T Bank -mortgage account 10087344690001 balance at date of death (assumed by beneficiaries of estate) 04/18/2011 State Farm Insurance -refund of automobile premium 06/12/2012 Various Contributions from Eric Thomas -for payment of debts, inheritance tax, administrative expenses, and fees 06/12/2012 Various Contributions from James Thomas -for payment of debts, inheritance tax, administrative expenses, and fees 06/12/2012 Various Contributions from Karen Thomas -for payment of debts, inheritance tax, administrative expenses, and fees 06/12/2012 Various Contributions from Kevin Thomas -for payment of debts, inheritance tax, administrative expenses, and fees 06/12/2012 Various Contributions from Scott Thomas -for payment of debts, inheritance tax, administrative expenses, and fees Total Subsequent Principal Receipts 3,023.37 31.88 10,645.62 77.24 1,570.00 200.00 1,570.00 3,020.00 1,170.00 Total Adjustments and Subsequent Receipts Fiduciary Acquisition Value 34,615.64 34,615.64 Total Receipts of Principal 155,337.07 -4- SCHEDULE B GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL ~ i n Loss 04/05/2012 1998 Cadillac Eldorado -sold to Kevin Thomas for payoff of car loan Net Proceeds 2,799.13 Fiduciary Acquisition Value -3,500.00 -700.87 TOTAL GAINS AND LOSSES/PRINCIPAL LESS LOSS NET GAIN OR LOSS -700.87 -700.87 -5- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Debts of Decedent 03/17/2011 M 8~ T Bank -mortgage account 10087344690001 balance at date of death (assumed by beneficiaries of estate) 11/22/2011 State Farm Insurance -homeowner's premium 04/05/2012 DCM Services, LLC -pay off of car loan at Citi Financial Total Debts of Decedent Funeral Ex ep nses 03/19/2011 Community Center -reception 03/19/2011 Country Corner -cemetery excavation 11/22/2011 Fogelsanger-Bricker Funeral Home - (Kevin Thomas to be reimbursed for payment of $1,810.57) Total Funeral Expenses Administration Exaenses 09/16/2011 Register of Wills, Cumberland County -Letters of Administration and Short Certificates (reimbursement owed to Kevin Thomas) 09/21/2011 Cumberland Law Journal -advertising Letters of Administration 11/03/2011 News Chronicle -advertising Letters of Administration 11/10/2011 Register of Wills, Cumberland County -one Short Certificate 03/15/2012 Recorder of Deeds, Cumberland County -recording deed to beneficiaries 05/31/2012 Register of Wills, Cumberland County -filing PA Inheritance Tax Return 06/30/2012 Terry Shetter, Auctioneer -appraisal of personal property (reimbursement owed to Kevin Thomas) 10,645.62 881.95 2,799.13 215.00 585.00 9,841.22 320.50 75.00 104.75 4.00 64.00 15.00 135.00 14,326.70 10,641.22 -6- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued 07/05/2012 PA Department of Transportation - transfer of automobile 07/20/2012 Register of Wills, Cumberland County -filing Satisfaction of Claim against estate (reimbursement owed to Kevin Thomas) 10/26/2012 Linda K. Klein -notary fee 10/26/2012 Weigle & Associates, P.C. -reserve for filing Family Settlement Agreement with Register of Wills, Cumberland County 10/26/2012 Weigle & Associates, P.C. -administrative costs for postage, xerox copies, and long distance telephone calls Total Miscellaneous Administrative Exuenses Federal, State, and Local Taxes 06/14/2012 Register of Wills, Cumberland County - PA Inheritance Tax 11/06/2012 Register of Wills, Cumberland County -interest owed on PA Inheritance Tax Total Taxes Fees 11/25/2011 Weigle & Associates, P.C. 01/02/2012 Weigle & Associates, P.C. 02/05/2012 Weigle 8~ Associates, P.C. 03/15/2012 Weigle & Associates, P.C. 04/10/2012 Weigle & Associates, P.C. 05/12/2012 Weigle & Associates, P.C. 05/31/2012 Weigle & Associates, P.C. 09/20/2012 Weigle & Associates, P.C. -reimbursement owed to Kevin Thomas for payments from his personal account Total Fees 22.50 10.00 24.00 100.00 50.00 3,830.10 56.53 2,000.00 500.00 500.00 500.00 500.00 500.00 1,200.00 887.00 924.75 3,886.63 6,587.00 -7- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued Family E__ xem tion 05/31/2012 Karen J. Thomas, 19 White House Road, 3,500.00 Shippensburg, PA, 17257 (unpaid) Total Familv Exemption 3,500.00 TOTAL DISBURSEMENTS OF PRINCIPAL 39,866.30 -$- SCHEDULE D DISTRIBUTIONS OF PRINCIPAL Eric B. Thomas 12/27/2011 Residence at 19 White House Road, Shippensburg - 22,600.00 1/5 interest 05/23/2012 Personal Property - 1/5 Share 354.00 James Thomas 12/27/2011 Residence at 19 White House Road, Shippensburg - 22,600.00 1/5 interest 05/23/2012 Personal Property - 1/5 Share 354.00 Karen J. Thomas 12/27/2011 Residence at 19 White House Road, Shippensburg - 22,600.00 1/5 interest 05/23/2012 Personal Property - 1/5 Share 354.00 Kevin R. Thomas 12/27/2011 Residence at 19 White House Road, Shippensburg - 22,600.00 1/5 interest 05/23/2012 Personal Property - 1/5 Share 354.00 Scott Thomas 12/27/2011 Residence at 19 White House Road, Shippensburg - 22,600.00 1/5 interest 05/23/2012 Personal Property - 1/5 Share 354.00 22,954.00 22,954.00 22,954.00 22,954.00 -9- SCHEDULE D DISTRIBUTIONS OF PRINCIPAL Continued 22,954.00 TOTAL DISTRIBUTIONS TO BENEFICIARIES 114,770.00 -10- PRINCIPAL BALANCE ON HAND Current Value Fiduciary 11/15/2012 Acquisition # Units Description or as Noted Value dash Estate Checking Account -0.10 -0.10 Total Cash -0.10 -0.10 -0.10 -0.10 -11- ~ i SCHEDULE F CHANGES IN PRINCIPAL HOLDINGS # Units Cost 1998 Cadillac Eldorado 03/17/2011 Inventoried 3,500.00 04/05/2012 Sold -3,500.00 0.00 Personal Propertx 03/17/2011 Inventoried 1,770.00 05/23/2012 Distributed -354.00 05/23/2012 Distributed -354.00 05/23/2012 Distributed -354.00 05/23/2012 Distributed -354.00 05123/2012 Distributed -354.00 0.00 Residence at 19 White House Road, Shippensburg 03/17/2011 Inventoried 113,000.00 12/27/2011 Distributed -22,600.00 12/27/2011 Distributed -22,600.00 12/27/2011 Distributed -22,600.00 12/27/2011 Distributed -22,600.00 12/27/2011 Distributed -22.600.00 0.00 Total o.oo -12- SCHEDULE G RECEIPTS OF INCOME InterestlBank American Community Federal Credit Union Savings Account 624-00-1 11/22/2011 interest date of death to closing 0.10 0.10 TOTAL BANK INTEREST TOTAL RECEIPTS OF INCOME 0.10 0.10 -13- ~., INCOME BALANCE ON HAND # Units Description ach Estate Checking Account Total Cash Current Value 11/15/2012 nr ac Nntarl 0.10 0.10 Fiduciary Acquisition Value 0.10 0.10 0.10 0.10 -14- In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-11-0988 Estate of Saundra L. Thomas, Deceased Signature 4~ ~~ Kevin R. T omas, Ad istrator 15 _ '~ ~ ti In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-11-0988 Estate of Saundra L. Thomas. Deceased Verification Kevin R. Thomas, Administrator under the Last Will and Testament of Saundra L. Thomas, Deceased, hereby declares under oath that he/she has fully and faithfully discharged the duties of his/her office; that the foregoing Account 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; that, to his/her knowledge, there are no claims now outstanding against the Estate; that all taxes presently due from the Estate have been paid; and that the grant of Letters Testamentary and the first complete advertisement thereof occurred more than four months before the foregoing Account. This statement is made subject to penalties of 18 Pa. C.S.A. Section 4904 relating to unsworn falsification to authorities. :;~ ~ ~ Dated: ~~~ ZC~ ~ ~ ~ Vim-'' Kevin R. T mas, Administrator Ih -~-