Loading...
HomeMy WebLinkAbout01-31-13 (2)IN THE ORPHANS' COURT DIVISION OF THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVAN~ ~.. .°a ESTATE OF MARY ELLEN SPANGLER, DECEA9~D.`~ ~~ a . ;~ No. 2011-00981 - ~ `~ .y APPROVAL OF ACCOUNT, WAIVER, RECEIPT, : ` RELEASE, AND AGREEMENT OF INDEMNITY The circumstances leading up to the execution of this instrument are as follows: 1. Mary Ellen Spangler died on August 1, 2011, without a Will. ~, ~::_-, ~~:; as ~ €~ ~ ~'~ c,~~ i._. A C i r •. 'f 2. Letters of Administration were granted to David E. Spangler by the Register of Wills of Cumberland County on September 16, 2011. 3. It is the desire of the Mary Ellen Spangler heirs that the Estate be distributed without the formality of a court proceeding in order to save the expense, publicity, and delay incident to such court proceeding, and the Administrator is willing to make such distribution upon the execution of this instrument. 4. An account of the administration of the Estate of Mary Ellen Spangler has been prepared by the Administrator. A copy is attached hereto as Exhibit A. 5. In consideration of the foregoing, each of the undersigned hereby: A. Represents and warrants that he has read and understands this instrument and that the facts set forth above are true and correct to the best of his knowledge, information and belief; B. Declares that he has examined the attached account of the administration of the Estate and the attached schedule of distribution; that he fords them to be true and correct in all particulars; that he accepts and approves them as if they had been duly filed, audited, -1- J;~ adjudicated and confirmed absolutely by the Orphans' Court Division of the Court of Common Pleas of Cumberland County, and as if the amounts shown as distributable had been duly awarded to him; C. Waives the filing and auditing of the account of the administration of the Estate in the Orphans' Court Division of the Court of Common Pleas of Cumberland County, and agrees that the Orphans' Court Division of the Court of Common Pleas of Cumberland County may by its decree confirm the account and approve the schedule of distribution; D. Requests the Administrator to make distribution of the principal and income in accordance with the schedule of distribution, and effective upon delivery to him of the amounts shown as respectively distributable, acknowledges receipt of such property; E. Agrees to refund to the Administrator any amount which may at any time be determined to have been an erroneous distribution to him, regardless of the cause of such erroneous distribution, even if attributable to negligence, and agrees that any period for the limitation of actions for the collection of any erroneous distribution shall commence only at such time as the Administrator shall have obtained actual knowledge of such erroneous distribution and that in no event shall the period for collection of any erroneous distribution be less than two years after the actual discovery thereof; F. Absolutely and irrevocably remises, releases, quitclaims and forever discharges David E. Spangler, individually and in his capacity as Administrator, from any and all actions, suits, payments, accounts, reckonings, liabilities, claims and demands relating in any way to the administration of the Mary Ellen Spangler Estate; G. Agrees to indemnify and hold harmless, to the extent of the funds received by him hereunder, David E. Spangler, individually and in his capacity as Administrator, from -2- and against any and all claims, loss, liability or damage (including legal fees and costs in connection therewith) which he may suffer or to which he may be subjected by reason of his administration of the Estate, the settlement of his Administrator's account and the distribution of the assets of the Estate without having the formal approval of the Orphans' Court Division of the Court of Common Pleas of Cumberland County, including, but not limited to, any liability for any federal estate tax, Pennsylvania inheritance tax or any other death taxes, together with interest and costs incidental thereto, relating in any way to the Estate; and H. Declares it to be his intention that this instrument, consisting of three pages, shall be governed by the law of Pennsylvania and shall be legally binding as an agreement under seal upon him and upon his heirs, executors, administrators and assigns; I. This agreement may be executed in counterparts. Executed on: ~ ~ ~ Zo ~ (Scaly DATE DAVID E. SPANGLER DATE DATE JOHN L. SPANGLER JAMES TRAYER -3- (Seal) (Seal) and against any and all claims, loss, liability or damage (including legal fees and costs in connection therewith) which he may suffer or to which he may be subjected by reason of his administration of the Estate, the settlement of his Administrator's account and the distribution of the assets of the Estate without having the formal approval of the Orphans' Court Division of the Court of Common Pleas of Cumberland County, including, but not limited to, any liability for any federal estate tax, Pennsylvania inheritance tax or any other death taxes, together with interest and costs incidental thereto, relating in any way to the Estate; and H. Declares it to be his intention that this instrument, consisting of three pages, shall be governed by the law of Pennsylvania and shall be legally binding as an agreement under seal upon him and upon his heirs, executors, administrators and assigns; I. This agreement may be executed in counterparts. Executed on: DATE ~~ ~- n~- DATE DATE (Seal) DAVID E. SPANGLER v "` (Seal) J N L. SPANGLE JAMES TILA~'lR -3- (Seal) and against any and all claims, loss, liability or damage (including legal fees and costs in connection therewith) which he may suffer or to which he may be subjected by reason of his administration of the Estate, the settlement of his Administrator's account and the distribution of the assets of the Estate without having the formal approval of the Orphans' Court Division of the Court of Common Pleas of Cumberland County, including, but not limited to, any liability for any federal estate tax, Pennsylvania inheritance tax or any other death taxes, together with interest and costs incidental thereto, relating in any way to the Estate; and H. Declares it to be his intention that this instrument, consisting of three pages, shall be governed by the law of Pennsylvania and shall be legally binding as an agreement under seal upon him and upon his heirs, executors, administrators and assigns; I. This agreement may be executed in counterparts. Executed on: DATE DATE i-zz-z_c~ DATE DAVID E. SPANGLER (Seal) (Seal) JOHN L. SPANGLER ~.-~ - _ _ (Seal) MES TRAYER ~~ -3- BEFORE THE REGISTER OF WILLS, CUMBERLAND COUNTY, PENNSYLVANIA No. 2011-00981 FIRST AND FINAL ACCOUNT OF DAVID E. SPANGLER, Administrator For ESTATE OF MARY ELLEN SPANGLER, Deceased Date of Death: August 1, 2011 Date of Executor's Appointment: September 16, 2011 Accounting for the Period: September 16, 2011 to December 31, 2012 PURPOSE OF ACCOUNT: David E. Spangler, Administrator, offers this Account to acquaint interested parties with the transactions that have occurred during his administration. The Account also indicates the proposed distribution of the Estate. It is important that the Account be carefully examined. Requests for additional information or questions or objections can be discussed with: Debra K. Wallet, Esquire 24 N. 32nd Street Camp Hill, PA 17011 I.D. #23989 (717) 737-1300 Exhibit A SUMMARY OF ACCOUNT Fiduciary Current Acquisition Page Value Value Proposed Distribution to Beneficiaries 5 $ 16,440.06 PRINCIPAL Receipts 2 $ 21,576.68 Less Disbursements Debts of Decedent 3 $ 2,461.54 Funeral Expenses 3 1,073.00 Administration Expenses 3 206.00 Federal and State Taxes 3 775.18 Fees and Commissions 3 625.00 $ 5,140.72 Principal Balance on Hand $ 16,435.96 INCOME Receipts 4 $ 4.10 Income Balance on Hand 4.10 Balance Before Distributions $ 16,440.06 Combined Balance on Hand $ 16,440.06 Page 1 RECEIPTS OF PRINCIPAL Assets Listed in Inventory: (Value as of Date of Death) Cash and Bank Deaosits: M8~T Bank Savings Acct.#15004205328758 M&T Bank Checking Acct. #23511796 American Modern Home Insurance Company (payment for loss of trailer & contents) Cash in possession of Decedent $ 536.57 1,746.93 16,800.00 258.00 $ 19,341.50 Tangible Personal Property: 2001 Chevrolet Cavalier (based on sale) $ Refunds: Suburban Propane refund 2011 Income Tax refund HSBC refund TOTAL ASSETS LISTED IN INVENTORY: 1,200.00 $ 1,200.00 $ 703.26 319.00 12.92 $ 1,035.18 Page 2 $ 21,576.68 DISBURSEMENTS OF PRINCIPAL Debts of Decedent: Date: Robin Sollenberger, Tax Collector 10!14/11 $ 107.89 (real estate taxes) PPBL 10/15/11 156.87 Comcast Cable 10/15/11 39.17 Verizon Wireless 10/15/11 269.25 Fashion Bug 10/17/11 530.79 Phillips & Cohen Assoc. 10/17/11 371.61 (Cowes credit card) Encompass (car insurance) 10/25/11 108.67 Estate Recoveries (Walmart credit card) 11/7/11 877.29 $ 2,461.54 Funeral Expenses: Auer Cremation Services of Pennsylvania 9/17/11 $ 1,073.00 $ 1,073.00 Administration Expenses: Probate Fees 9/15/11 $ 103.50 Register of Wills Filing Fee 4/27/12 30.00 Register of Wills Additional Probate 4/27/12 15.00 Attorney's postage, copies, mileage, etc. 25.00 PennDOT (replacement title for sale of 9/22/11 22.50 automobile) Reserve for Filing of Account 10.00 $ 206.00 Federal and State Taxes: PA Inheritance Tax 4/30/12 $ 775.18 $ 775.18 Fees and Commissions: Debra K. Wallet, Esq.--Attorney Fees 10/1/11 $ 25.00 10/11 /11 575.00 Thomas McConkey, III, Tax Preparer Fee 2/12/12 25.00 $ 625.00 Page 3 RECEIPTS OF INCOME Interest: Mid Penn Bank $ 4,10 TOTAL RECEIPTS OF INCOME: $ 4.10 Page 4 PROPOSED DISTRIBUTION TO BENEFICIARIES TO: David E. Spangler 1506 Miller Road Dauphin, PA 17018 John L. Spangler 510 Denison Drive Dauphin, PA 17018 James Trayer - DS1574 SCI Waymart P.O. Box 256 Waymart, PA 18472 TOTAL PROPOSED DISTRIBUTION TO BENEFICIARIES: $ 5,480.02 5,480.02 5,480.02 $ 16,440.06 Page 5