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HomeMy WebLinkAbout02-01-13~~ I ~iy3:5y~ ~ -` .. ` s 3:. DECEDENT'S ESTATE~~g3~~~~ ~ ~~' ":'~-LS ..~3 ~B 1 ~"~ 8 c0 COURT OF COMMON PLEAS OF C L ~ ~ ~ CUMBERLAND COUNTY, PENNS(}'¢~1'~I~ y; ~ :; ORPHANS' COURT DIVISION C U ~+~ ~ E ~ ~.~, ; ~ ~ a" , ESTATE OF MARILYN J. SCHUMACHER ,DECEASED No. 21-12-0311 PETITION FOR ADJUDICATION / STATEMENT OF PROPOSED DISTRIBUTION PURSUANT TO Pa. O.C. Rule 6.9 This form may be used in all cases involving the Audit of the Account of a Decedent's Estate. If space is insufficient, riders may be attached. Attach the spouse's election, if any; the papers required under items 8-19 inclusive; and any instrument pertinent to the adjudication. INCL UDE ATTACHMENTS AT THE BACK OF THIS FORM. Name of Counsel: Jennifer B. Hipp, Esquire Supreme Court LD. No.: 86556 Name of Law Firm: James D. Bogar Law Offices Address: One West Main Street, Shiremanstown, PA 17011 Telephone: (717) 737-8761 Fax:_ (7171737-2086 Form oc-o~ rev. ~0.~3.06 Page 1 of 10 Estate of MARILYN J. SCHUMACHER ,Deceased 1. Name(s) and address(es) of Petitioner(s): Name: Gail C. Hoffman Address: 20 Springdale Court Mechanicsburg, PA 17050 Identify any executors or administrators who have not joined in the Petition for Adjudication and Statement of Proposed Distribution and state reason: Is this the first accounting by this fiduciary? ..................... ~ Yes ~ No If not, identify prior accountings, the accounting periods covered, and the date of adjudication of the prior accounting. 2. Decedent died on December 8, 2011 Letters Testamentary or ~ Letters of Administration were granted to Petitioner(s) on March 14.2012 Date of Will (if applicable): TnnP ~ a ~nn~ Date(s) of Codicil(s) (if applicable): Date of probate (if different from date Letters granted): Was a bond required? Yes ®No If yes, state amount: Are proofs of advertising of the grant of Letters attached? ......... ~ Yes ~ No Dates of advertising of the grant of Letters: Cumberland Law Journal and The Patriot News 3/30/12; 4/6/12 and 4/13/12 F~.m oc-o~ ,-e,~. io.r3.n6 Page 2 of ] 0 Estate of MARILYN J. SCHUMACHER Deceased 3. Was decedent survived by a spouse? ............................. QYes No If yes, name of the surviving spouse: Harold R. Schumacher (died 12/30/11) 4. Has the surviving spouse filed to take an elective share? ............. ~ Yes ®No (See Section 2201 et sue. of the Probate, Estates and Fiduciaries Code) If yes, date of election: 5. In the case of an intestacy, state the names of the decedent's surviving children or surviving issue of deceased children (if none, so state): 6. Did decedent marry after execution of Will or Codicil(s)? ........... ®Yes ~ No Were any children born to decedent after execution of Will or Codicil(s)? ........................................... ~ Yes ~ No If yes, give names and dates of birth: Name: Date of Birth: 7. If required by the Medical Assistance Estate Recovery Act, 62 P.S. § 1412, was a request for a statement of claim sent to the Department of Public Welfare? .............................. Yes ~ No Form OC-01 rev. 10.13.06 Page 3 of 10 Estate of MAR[LYN J. SCHUMACHER Deceased 8. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will be given to all parties in interest listed in item 9 below, all unpaid creditors and all claimants listed in item 10 below. In addition, notice of any questions requiring Adjudication as discussed in item 14 below has been or will be given to all persons affected thereby. A. if Notice has been given, attach a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice. B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and addresses of the parties receiving such Notice shall be submitted at the Audit together with a statement executed by a Petitioner or counsel certifying that such notice has been given. C. 1f any person entitled to Notice is not sui juris (e.g., minors or incapacitated persons), Notice of the Audit has been or will be given to the appropriate representative on such party's behalf as required by Pa. O.C. Rule 5.2. D. If any charitable interest is involved, Notice of the Audit has been or will also be given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition, the Attorney General's clearance certificate (or proof of service of Notice and a copy of such Notice) must be submitted herewith or at the Audit. 9. List all parties (charitable and non-charitable) of whom Petitioner(s) has/have notice or knowledge, having or claiming any interest in the estate as beneficiaries under the Will or Codicil(s) or as intestate heirs if there is a complete or partial intestacy: A. State each party's relationship to the decedent and the nature of each party's interest(s): Form OGOI rer. !0.13.06 Page 4 of 10 Estate of MARILYN J. SCHUMACHER Deceased B. Identify each party who is not sui juris (e.g., minors or incapacitated persons). For each such party, give date of birth, the name of each Guardian and how each Guardian was appointed. If no Guardian has been appointed, identify the next of kin of such party, giving the name, address and relationship of each. C. State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for this Audit (see Pa. O.C. Rule 12.4). D. If distribution is to be made to the personal representative of a deceased party, state date of death, date and place of grant of Letters and type of Letters granted. Form OG01 rev. 10.13.06 Page 5 of 10 Estate of MARILYN J. SCHUMACHER Deceased 10. Other than the claim for the family exemption, list the names of all known claimants and the amount of their claims and state whether each claim is admitted. Name and Address of Each Claimant Amount of Claim Claim Wi11 Claim Admitted? Be Paid In Full? Yes ~ Yes ~No ~ No Yes Q Yes ~No ~ No Yes ~ Yes ~No ~ No Yes ~ Yes ~No ~No If the estate is insolvent, attach a schedule setting forth the order of preference under 20 Pa.C.S. § 3392 and the proposed payments. 11. Was family exemption claimed? ................................ Yes No Was family exemption allowed? ................................ Yes ONo Family exemption claimant's name and relationship: Name: Relationship: FormOC-Ol rer•. 10.!3.06 Page 6 of 10 Estate of MARILYN J. SCHUMACHER Deceased 12. The amount of Pennsylvania Transfer Inheritance Tax and additional Pennsylvania Estate Tax paid, the date(s) of payment(s), and the interest(s) upon which paid, are as follows: Date Paymen[ Interest August 17, 2012 21,512.09 13. On the date of death, was the decedent a fiduciary (personal representative, trustee, guardian, agent under power of attorney) or surety on the bond of a fiduciary? ................... ~ Yes ~ No If yes, provide the name of the estate, indicate whether an account has been filed and confirmed absolutely and all awards performed, or, in the alternative, how the decedent's estate will be discharged for the decedent's fiduciary administration of the estate. 14. A. Describe in detail any questions requiring adjudication and state the position of the Petitioner(s) as to each question: B. Has notice of the question requiring adjudication been given to the parties identified in Paragraph 9 above? .................. ~ Yes ~ No 15. If Petitioner(s) has/have knowledge that a share has been assigned, renounced, disclaimed or attached, provide a copy of the assignment, renunciation, disclaimer or attachment, together with any relevant supporting documentation. Form oc-ol rer. 10.13.06 Page 7 of 10 Estate of MARILYN J. SCHUMACHER Deceased 16. Had the decedent been adjudicated an incapacitated person? .......... ~ Yes ~ No If yes, attach a copy of the Order if available; otherwise state the Court, term, number, date, and name of Hearing Judge. 17. A. List or attach a separate list of additional receipts and disbursements since the closing date of the Account. B. Has notice of the additional receipts and disbursements been given to the parties identified in Paragraph 9 above? ............. ~ Yes ~ No 18. If a reserve is requested, state amount and purpose. Amount: 2'000'00 PuYp°Se: Costs to conclude administration of Estate, including filing fees, Accounting and preparation and filing of fiduciary income tax returns If a reserve is requested for counsel fees, has notice of the amount of fees to be paid from the reserve been given to the parties in interest? ........................................ Yes ~No If so, attach a copy of the notice. 19. Is the Court being asked to direct the filing of a Schedule of Distribution? .......................... Yes ~No As to real estate only? ........................................ Yes ~ No Fo.m oc-o~ f-e~~. io.~3.oc Page 8 of 10 Estate of MARILYN J. SCHUMACHER Deceased Wherefore, your Petitioner(s) ask(s) that distribution be awarded to the parties entitled and suggest(s) that the distributive shares of income and principal (residuary shares being stated in proportions, not amounts) are as follows: A. Income: Proposed Dtstributee(s) Amount/Proportion Please see attached. B. Principal: Proposed Dtstributee(s) Amount/Proportion Please see attached. Submitted By: (All petitioners must sign. Add additional lines if necessary): L~. Name of Petitioner: Gail C. Hoffman Name of Petitioner: Form oc-oi rein. ro.~3.oc Page 9 of 10 Estate of MARILYN J. SCHUMACHER Verification of Petitioner (Verification must be by at least one petitioner.) The undersigned hereby verifies * [that heisne is titre. of the above-named name of corporation, Deceased and] that the facts set forth in the foregoing Petition for Adjudication /Statement of Proposed Distribution which are within the personal knowledge of the Petitioner are true, and as to facts based on the information of others, the Petitioner, after diligent inquiry, believes them to be true; and that any false statements herein are made subject to the penalties of 1 S Pa. C.S. § 4904 (relating to unsworn falsification to authorities). Signature of Petitio er * Corporate petitioners must complete bracketed information. Certification of Counsel The undersigned counsel hereby certifies that the foregoing Petition for Adjudication/ Statement of Proposed Distribution is a true and accurate reproduction of the form Petition authorized by the Supreme Court, and that no changes to the form have been made beyond the responses herein. /'~9 Sign ure of ounsel for e itioner Fore, oc-oi rer. /0.13.06 Page 10 of 10 Estate of Marilyn J. Schumacher Petition for Adjudication (Continued) 8.(A) Names and Addresses of parties receiving Notice: (Copy of Notice is attached.) Gail C. Hoffman 20 Springdale Court Mechanicsburg, PA 17050 H. Robert Schumacher, II 353 W. King Street York, PA 17404 Steven M. Schumacher 230 Rockdale Avenue York, PA 17403 Karen A. Schumacher 401 Ridge Avenue, Apt. 316 York, PA 17403 Mary E. Stewart 6006 Squire Hill Court Cincinnati, OH 45230 9.(A) Continued: Gail C. Hoffman Daughter 20 Springdale Court Mechanicsburg, PA 17050 H. Robert Schumacher, II Son 353 W. King Street York, PA 17404 Steven M. Schumacher Son 230 Rockdale Avenue York, PA 17403 Karen A. Schumacher Daughter 401 Ridge Avenue, Apt. 316 York, PA 17403 Mary E. Stewart Daughter 6006 Squire Hill Court Cincinnati, OH 45230 200 200 200 20~ 20~ Page 9: A. & B. Income & Principal Proposed Distributees: *Amount/Proportion: Gail C. Hoffman $68,994.51/200 20 Springdale Court Mechanicsburg, PA 17050 H. Robert Schumacher, II $39,253.68/200 353 W. King Street York, PA 17404 Steven M. Schumacher 200 230 Rockdale Avenue York, PA 17403 Karen A. Schumacher 20~ 401 Ridge Avenue, Apt. 316 York, PA 17403 **Mary E. Stewart $106,595.51/200 6006 Squire Hill Court Cincinnati, OH 45230 *Distribution to all beneficiaries is equivalent ($386,121.51 to each) as per the terms of the Last Wills and Testaments of Marilyn J. Schumacher (date of death 12/8/2011) and Harold R. Schumacher (date of death 12/30/2011) when the estate administrations are considered in total. The Accounting for Harold R. Schumacher is filed of even date herewith. ** The proposed distribution to Mary E. Stewart takes into account that Mary E. Stewart is the beneficiary of Ohio real estate valued at $75,000.00. An Ohio estate administration has been concluded for the transfer of the Ohio real estate to Ms. Stewart. PROOF OF PUBLICATION OF NOTICE IN CUMBERLAND LAW JOURNAL (Under Act No. 587, approved May 16, 1929), P. L.1784 COMMONWEALTH OF PENNSYLVANIA COUNTY OF CUMBERLAND ss. Lisa Marie Coyne, Esquire, Editor of the Cumberland Law Journal, of the County and State aforesaid, being duly sworn, according to law, deposes and says that the Cumberland Law Journal, a legal periodical published in the Borough of Carlisle in the County and State aforesaid, was established January 2, 1952, and designated by the local courts as the official legal periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly issued weekly in the said County, and that the printed notice or publication attached hereto is exactly the same as was printed in the regular editions and issues of the said Cumberland Law Journal on the following dates, viz: March 30 A ri16 and April 13 2012 Affiant further deposes that he is authorized to verify this statement by the Cumberland Law Journal, a legal periodical of general circulation, and that he is not interested in the subject matter of the aforesaid notice or advertisement, and that all allegations in the foregoing statements as to time, place and character of publication are true. Schumacher, Marilya J., deed. Late of Mechanicsburg. Executrix: Gail C. Hoffman c/o Jennifer B. Hipp, Esquire, One West Main Street, Shiremans- town, PA 17011. Attorney: Jennifer B. Hipp, Es- quire, One West Main Street, Shiremanstown, PA 17011. is arie Coynel/Editor SWORN TO AND SUBSCRIBED before me this 13 of April, 2012 Notary NOTARIAL SEA DEBORAH A COLLINS Notary Public CARLISLE BOROUGH, CUMBERLAND COUNTY My C~mmlSSion Expires Apr 28, 2014 The Patriot-News Co. •~ 2020 Technology Pkwy Suite 300 Mechanicsburg, PA 17050 Inquiries - 717-255-8213 DEVITT 2020 TECHNOLOGY PARKWAY MECHANICSBURG PA 17055 April 06, 2012 April 13, 2012 ~~ THE PATRIOT NEWS THE SUNDAY PATRIOT NEWS Proof of Publication Under Act No. 587, Approved May 16, 1929 Commonwealth of Pennsylvania, County of Dauphin} ss Holly Blain, being duly sworn according to law, deposes and says: That she is a Staff Accountant of The Patriot News Co., a corporation organized and existing under the laws of the Commonwealth of Pennsylvania, with its principal office and place of business at 2020 Technology Pkwy, Suite 300, in the Township of Hampden, County of Cumberland, State of Pennsylvania, owner and publisher of The Patriot-News and The Sunday Patriot-News newspapers of general circulation, printed and published at 1900 Patriot Drive, in the City, County and State aforesaid; that The Patriot-News and The Sunday Patriot-News were established March 4th, 1854, and September 18th, 1949, respectively, and all have been continuously published ever since; That the printed notice or publication which is securely attached hereto is exactly as printed and published in their regular daily and/or Sunday/ Community Weekly editions which appeared on the date(s) indicated below. That neither she nor said Company is interested in the subject matter of said printed notice or advertising, and that all of the allegations of this statement as to the time, place and character of publication are true; and That she has personal knowledge of the facts aforesaid and is duly authorized and empowered to verify this statement on behalf of The Patriot-News Co. aforesaid by virtue and pursuant to a resolution unanimously passed and adopted severally by the stockholders and board of directors of the said Company and subsequently duly recorded in the office for the Recording of Deeds in and for said County of Dauphin in Miscellaneous Book "M", Volume 14, Page 317. PUBLICATION COPY This ad # 0002199608 ran on the dates shown below: March 30, 2012 EXBCUTRIX'S NOTICE ~, Letters Trv on the Estate of wNYn J. mtlfltler, late of IIIMNwn . . . . . . . . . . Isq CoteMy, Pennsrl- tleelt tltanted is the underv ~Ie1Mk1Y themselves fie is 1wM;Eetote an re- S~ tn+m.e ~. t. Notary Public ~e~atriot News NOw you knOW 6 day of April, 2012 A.D. MMONWEALTN OF PENNSYLVANIA Noarlal Seal Sherrl® L. Owens, Notary Public Lower Paxton '1'wp., Dauphin County Ctxnntlasl0n Nov. 26, 2015 M T10N OF NOTARIES Estate of Harold R. Schumacher Petition for Adjudication (Continued) 8.(A) Names and Addresses of parties receiving Notice: (Copy of Notice is attached.) Gail C. Hoffman 20 Springdale Court Mechanicsburg, PA 17050 H. Robert Schumacher, II 353 W. King Street York, PA 17404 Steven M. Schumacher 230 Rockdale Avenue York, PA 17403 Karen A. Schumacher 401 Ridge Avenue, Apt. 316 York, PA 17403 Mary E. Stewart 6006 Squire Hill Court Cincinnati, OH 45230 9.(A) Continued: Gail C. Hoffman Daughter 20~ 20 Springdale Court Mechanicsburg, PA 17050 H. Robert Schumacher, II Son 200 353 W. King Street York, PA 17404 Steven M. Schumacher Son 20~ 230 Rockdale Avenue York, PA 17403 Karen A. Schumacher Daughter 200 401 Ridge Avenue, Apt. 316 York, PA 17403 Mary E. Stewart Daughter 20% 6006 Squire Hill Court Cincinnati, OH 45230 Page 9: A. ~ B. Income & Principal Proposed Distributees: *Amount/Proportion: Gail C. Hoffman 20~ 20 Springdale Court Mechanicsburg, PA 17050 H. Robert Schumacher, II $34,305.83/200 353 W. King Street York, PA 17404 Steven M. Schumacher $85,777.51/20 230 Rockdale Avenue York, PA 17403 Karen A. Schumacher $86,030.51/200 401 Ridge Avenue, Apt. 316 York, PA 17403 **Mary E. Stewart 200 6006 Squire Hill Court Cincinnati, OH 45230 *Distribution to all beneficiaries is equivalent ($386,121.51 to each) as per the terms of the Last Wills and Testaments of Marilyn J. Schumacher (date of death 12/8/2011) and Harold R. Schumacher (date of death 12/30/2011) when the estate administrations are considered in total. The Accounting for Marilyn J. Schumacher is filed of even date herewith. A copy of the continuation schedule from the Petition for Adjudication for the Estate of Marilyn J. Schumacher is attached hereto for ease of reference. ** The proposed distribution to Mary E. Stewart takes into account that Mary E. Stewart is the beneficiary of Ohio real estate valued at $75,000.00. An Ohio estate administration has been concluded for the transfer of the Ohio real estate to Ms. Stewart. In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-12-0311 Estate of Marilyn J. Schumacher. Deceased Late of "Township" of Upper Allen FIRST AND FINAL ACCOUNT AND ~ o - ~., ~-y ~---~ ~ ~ STATEMENT OF PROPOSED DISTRIBUTIQ~J~ ~'~' ~ " n'1 ~ ~ (:J Cdr :~'i .~,. Ci7 'i~J . + Gail C. Hoffman, Executrix ~ ~ `~ =_ ~ ~, :~ ` ~- ., ~:~ c, ., ~, ,.,..1 .~ ~-~ ~_ ~~ Date of Death: Date of Executrix's Appointment: Date of First Complete Advertisement: Accounting for the period: 12/08/2011 03/14/2012 Cumberland Law Journal 3/30/12; 4/6/12; 4/13/12 The Patriot News 3/30/12; 4/6/12; 4/13/12 12/08/2011 to 01 /31 /2013 Purpose of Account: Gail C. Hoffman, Executrix, 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: Jennifer B. Hipp Bogar and Hipp Law Offices 1 West Main Street Shiremanstown, PA 17011 717-737-8761 Supreme Court I.D. No. 86556 *NOTE: This accounting has been prepared in accordance with information provided by the Executrix, particularly with respect to reimbursements, expenses, distributions and fund balances. All bank and investment accounts were maintained and redeemed by Gail C. Hoffman, Executrix. SUMMARY OF ACCOUNT Estate of Marilyn J. Schumacher, Deceased For h period of D mh r 8, 2011 thro~yh an ~a ~,, 2013 Receipts: This Account 1 1,140,698.56 Net Gain (or Loss) on Sales or Other Dispositions 2 43,025.01 1,183,723.57 Less Disbursements: Debts of Decedent 0.00 Funeral Expenses 3 11,671.36 Administration Expenses 3 2,691.36 Federal, State &~ Local Taxes 3 21,512.09 Commissions 4 26,398.69 Fees 4 9,450.00 Family Exemption 0.00 71,723.50 Balance Before Distributions 1,112,000.07 Transfer to (from) Principal 0.00 Distributions to Beneficiaries 5 900,000.00 Principal Balance on Hand 212,000.07 For Information: Investments Made Changes in Holdings INCOME Receipts This Account 6 2,843.63 Net Gain (or Loss) on Sales 0.00 or Other Dispositions 2,843.63 Less Disbursements 0.00 Balance Before Distributions 2,843.63 Transfer to (from) Income 0.00 Distributions to Beneficiaries 0.00 Income Balance on Hand 2,843.63 For Information: Investments Made Changes in Holdings COMBINED BALANCE ON HAND 214,843.70 SCHEDULE A RECEIPTS OF PRINCIPAL Assets Listed in Inventory (Valued as of Date of Death) Fiduciary Acquisition Value [~ i MetLife Annuity -Contract No. 0453694. 527,957.31 Harold R. Schumacher -Contribution of funds to for 11,671.36 funeral expenses. Gail C. Hoffman -Funds advanced to pay for probate 261.50 Harold R. Schumacher Estate -Contribution of funds 54.76 to pay costs of legal advertisement in The Patriot News. UBS -Proceeds from IRA owned solely by Harold R. 516,159.74 Schumacher. Marilyn J. Schumacher was the named beneficiary of this account. Penn State Health -Refund 16.44 Dividend Capital -This payment represents the 84,500.00 closeout of the Dividend Capital portion of the UBS account. Calvert Distribution Fund -One time payment for 77.45 undervalued investment. This fund was a part of the UBS account. Total Cash 1,140,698.56 Total Receipts 1,140,698.56 Total Receipts of Principal 1,14o,s98.5s -1 - SCHEDULE B GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS -PRINCIPAL Sz~in Loss 05/08/2012 MetLife Annuity -Contract No. 0453694. Net Proceeds 570,982.32 Fiduciary Acquisition Value -527,957.31 TOTAL GAINS AND LOSSES/PRINCIPAL LESS LOSS NET GAIN OR LOSS 43,025.01 43,025.01 43, 025.01 -2- SCHEDULE C DISBURSEMENTS OF PRINCIPAL 12/22/2011 Malpezzi Funeral Home -funeral bill 01/25/2012 Nino's -funeral luncheon 01/25/2012 Wine and Spirits Shoppe -wine for funeral luncheon Total Funeral Expenses Administration Ex enses 03/14/2012 Cumberland Law Journal -Executrix's Notice 03/14/2012 Register of Will -probate fee 03/21/2012 Patriot News -Executrix's Notice 04/23/2012 U.S. Postal Service -Certified mail to MetLife 04/23/2012 U.S. Postal Service -Certified mail to Jackson National Life Insurance Company 04/25/2012 Register of Wills -fee for additional Short Certificate 08/15/2012 Register of Wills -filing fee for PA Inheritance Tax Return and Inventory 08/15/2012 Register of Wills -Additional probate fee 08/16/2012 Register of Wills -Short Certificate RESERVES: -Costs to conclude administration of Estate, including filing PA Inheritance Tax Return and Inventory, preparation and filing of Court Accounting, and preparation and filing of fiduciary income tax returns Total Miscellaneous Administrative Expenses Federal, State and Local Taxes 08/15/2012 Register of Wills, Agent - PA Inheritance Tax Total Taxes 10,860.57 620.11 190.68 75.00 261.50 54.76 5.95 6.15 4.00 30.00 250.00 4.00 2,000.00 21,512.09 11, 671.36 2,691.36 21.512.09 -3- SCHEDULE C DISBURSEMENTS OF PRINCIPAL Continued TO BE PAID Gail C. Hoffman -Executrix's Commission Total Commissions Fees 08/15/2012 Jennifer B. Hipp, Esquire -Fees for representation of Estate per Agreement Total Fees TOTAL DISBURSEMENTS OF PRINCIPAL -4- 26,398.69 26,398.69 9,450.00 9,450.00 71,723.50 SCHEDULE D DISTRIBUTIONS OF PRINCIPAL 06/28/2012 H. Robert Schumacher, II - Distribution of funds to 300,000.00 establish trust account at Raymond James 06/28/2012 Karen A. Schumacher - Distribution of funds to 300,000.00 ' establish trust account at Raymond James 06/28/2012 Steven M. Schumacher - Distribution of funds to 300,000.00 establish trust account at Raymond James 900,000.00 TOTAL DISTRIBUTIONS TO BENEFICIARIES 900,000.00 *Distribution to all beneficiaries is equivalent as per the terms of the Last Wills and Testaments of Marilyn J. Schumacher (date of death 12/8/2011) and Harold R. Schumacher (date of death 12/30/2011) when the estate administrations are considered in total. The Accounting for Harold R. Schumacher is filed of even date herewith. ** The proposed distribution to Mary E. Stewart takes into account that Mary E. Stewart is the beneficiary of Ohio real estate valued at $75,000.00. An Ohio estate administration has been concluded for the transfer of the Ohio real estate to Ms. Stewart. -5- SCHEDULE G RECEIPTS OF INCOME 05/08/2012 UBS -Dividend on IRA Account owned by Harold R. 200.95 Schumacher. 200.95 Dividend Capital 06/12/2012 Dividend Capital -The dividend capital account was a 1,392.68 part of the UBS account. This dividend check was received post death and prior to the completion of closeout of the UBS account. 1,392.68 Dividend Cagj~j 08/28/2012 Dividend Capital -The dividend capital account was a 1,250.00 part of the UBS account. This dividend check was received post death and prior to the completion of closeout of the UBS account. TOTAL DIVIDEND INCOME TOTAL RECEIPTS OF INCOME 1,250.00 2,843.63 2,843.63 -s- PROPOSED DISTRIBUTIONS TO BENEFICIARIES TO: Current Value 01 /31 /2013 or as noted Fiduciary Acquisition Value 68, 994.51 39,253.68 106,595.51 Gail C. Hoffman -Proposed Distribution H. Robert Schumacher, II -Proposed Distribution to trust account at Raymond James Mary E. Stewart -Proposed Distribution 214.843.70 Total 214,843.70 *Distribution to all beneficiaries is equivalent as per the terms of the Last Wills and Testaments of Marilyn J. Schumacher .(date of death 12/8/2011) and Harold R. Schumacher (date of death 12/30/2011) when the estate administrations are considered in total. The Accounting for Harold R. Schumacher is filed of even date herewith. ** The proposed distribution to Mary E. Stewart takes into account that Mary E. Stewart is the beneficiary of Ohio real estate valued at $75,000.00. An Ohio estate administration has been concluded for the transfer of the Ohio real estate to Ms. Stewart. -7- In the Court of Common Pleas of Cumberland County, Pennsylvania Orphans' Court Division File No. 21-12-0311 Estate of Marilvn J. Schumacher. Deceased Verification Gail C. Hoffman, Executrix under the Last Will and Testament of Marilyn J. Schumacher, 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: 3 % ~~2o i3 ~~• '~-l~~f ~/~-', Gail C. Hoffman, Executrix