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Home My WebLink About01-31-13 IN RE: ESTATE OF ODELL W, SUTTON, : IN THE COURT OF COMMON PLEAS OF Deceased CUMBERLAND COUNTY, PENNSYLVANIA IN THE ORPHANS' COURT D~ISION G' ~ ~ m ` ' rn ~ a > -~ N0.2012-0307 ~ _- ` mz~-, ~ na~ c ~zm w 1-arv ---~ ~ ~ w ~ APPROVAL OF ACCOUNT, RECEIPT, ~ ., -~ ~ ~? ~ RELEASE AND INDEMNIFICATION AGREEME ~? " =-3 -~ -~1 i '- ~-= ~ .._ ~.__ WHEREAS, Odell W. Sutton ("the Decedent") died March 1 X012 leadm~ a k 1-n wil~ dated August 9, 2006 and two (2) Codicils dated September 3, 2010 and June 27, 2011 (herein referred to collectively as the "Will") which were admitted to probate by the Register of Wills of Cumberland County, Pennsylvania on Mazch 14, 2012; and WHEREAS, William G. Fenwick, Jr. ("Mr. Fenwick") was appointed Executor of Mr. Sutton's Estate on March 14, 2012; and WHEREAS, Mr. Sutton was survived by his brother, Paul Sutton, his niece, Mazlene Gelbaugh, proper name being V. Marlene Gelbach; and, his sister-in-law, Donella Sutton, who aze the parties in interest (the "Beneficiaries"); and WHEREAS, Item 1 of the Decedent's Will provides that his tangible personal property is to be distributed to friends and relatives at the discretion of the Executor and the balance sold, which has been done; and WHEREAS, Item 3(b) of Decedent's Will bequeaths the residue of the estate to Paul Sutton, Donella Sutton, and Marlene Gelbaugh, proper name being V. Marlene Gelbach, in equal shares; and, WHEREAS, the Pennsylvania Inheritance Tax Return has been filed and approved and the administration of the estate is neazly complete; and 1 871533.1 ~^~ WHEREAS, the beneficiaries desire that the estate be concluded without the expense and formality of a court accounting; and WHEREAS, the Executor is willing to consent to such a conclusion of the estate upon receipt of a proper release and indemnification, which it is the purpose of this Agreement to provide. NOW, Tl-IEREFORE, the undersigned Beneficiaries, for themselves, their heirs, personal representatives, and assigns: (1) State that they have examined the First and Final Account of the administration of Decedent's estate and the accompanying schedule of proposed distribution which aze attached hereto as Exhibit "A" (the "Accounting") and approve the transactions and distributions set forth or proposed therein (and the administration of the estate generally) as though they had been contained in a formal Accounting which had been confirmed absolutely by the Court having jurisdiction over the estate. (2) Waive the filing and auditing of the Accounting by any Court and agree that any Court having jurisdiction over the estate may confirm the Accounting and any proposed distribution. (3) Acknowledge receipt from the Executor of the assets shown as distributed or distributable to them in the said Accounting or Statement of Proposed Distribution in absolute payment of full satisfaction of their interests under the estate. 2 (4) Absolutely and irrevocably release, remise, quitclaim and forever discharge the Executor, his heirs, agents, and personal representatives, of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever relating to the estate of the said Decedent. (5) Absolutely and irrevocably release the Executor from filing the Accounting, a Petition for Distribution or other document with the Court of Common Pleas of Cumberland County, Pennsylvania, or in any other jurisdiction in connection with the estate. (6) Agree that if, at any time in the future, the Executor receives any demand or claim for any amount claimed to be due and owing from the Estate or from him, as Executor, and approves said demand or claim, the undersigned shall, at the request of the said Executor, pay to the Executor the amount of any such demand or claim, or if it has been paid by the Executor, then reimburse him for the amount paid, provided that the amount of such requested payment or reimbursement from any of the undersigned shall not exceed the total of the assets paid or distributed by said Executor to the said Beneficiary as set forth in the attached Account and Statement of proposed distribution. (7) Agree to indemnify the Executor, his heirs, agents and personal representatives, and hold him and them harmless, to the extent of the assets received by the undersigned, from and against any and all claims, loss, liability or damage (including legal fees and costs) which he may suffer or to which he may be subjected by reason of the administration of the Estate or the distribution of the assets of the Estate to the undersigned without having formal 3 approval of the Court of Common Pleas, Orphans' Court Division, of Cumberland County, Pennsylvania, or any other Court. (8) Agree that this Approval may be signed and acknowledged by the parties hereto in counterparts and a complete set of executed counterparts, containing the signatures of all pazties, shall constitute an original and complete instrument. (9) Declaze it to be its intention that this Agreement shall be governed by the laws of the Commonwealth of Pennsylvania and that it shall be legally binding on the undersigned their personal representatives, heirs and assigns. i~11,,,, 1N WITNESS WHEREOF, the undersigned have executed this Agreement on the ~~~`day of~~ ~ 2013. ~~~ I~Q~U-~ ~(• ~Q'U'Ql.*"oU /' (SEAL) Witness Paul Sutton Witness Witness (SEAL) Mazlene Gelbaugh, proper name, V. Marlene Gelbach (SEAL) Donella Sutton 4 approval of the Court of Common Pleas, Orphans' Court Division, of Cumberland County, Pennsylvania, or any other Court. (8) Agree that this Approval may be signed and acknowledged by the parties hereto in counterparts and a complete set of executed counterparts, containing the signatures of all parties, shall constitute an original and complete instnunent. (9) Declare it to be its intention that this Agreement shall be governed by the laws of the Commonwealth of Pennsylvania and that it shall be legally binding on the undersigned their personal representatives, heirs and assigns. IN WITNESS WHEREOF, the undersigned have executed this Agreement on the 1'~~ -" day of~ 2013. Witness Witness Witness (SEAL) Paul Sutton //~ ,~~~I=LU"'l~ (SEAL) Mazlene Gelbaugh, proper name, V. Mazlene Gelbach (SEAL) Donella Sutton 4 approval of the Court of Common Pleas, Orphans' Court Division, of Cumberland County, Pennsylvania, or any other Court. (8) Agree that this Approval may be signed and acknowledged by the parties hereto in counterparts and a complete set of executed counterparts, containing the signatures of all parties, shall constitute an original and complete instrument. (9) Declare it to be its intention that this Agreement shall be governed by the laws of the Commonwealth of Pennsylvania and that it shall be legally binding on the undersigned their personal representatives, heirs and assigns. IN WITNESS WHEREOF, the undersigned have executed this Agreement on the ~3 ~ day of~, 2013. Witness Witness L[+dJ Witness (SEAL) Paul Sutton (SEAL) Marlene Gelbaugh, proper name, V. Mazlene Gelbach ~i--a ~Z (SEAL) Donella Sutton 4 COMMONWEALTH OF PENNSYLVANIA . SS: COUNTY OF Ci QX1C.~ , On this, the , `T~ day of~~N , 20~ before me, a Notary Public, in and for the Commonwealth of Pennsylvania, the undersigned officer, personally appeared PAUL SUTTON, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within Agreement and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. J (SEAL) No P lic My Commission Expires: ~`C~, ` p~ ~ p~ ~ ~ (p (SEAL) oOMMOHwF~u'r-i PE LvANIA ' notaraY seal )anac E. Leaik, Irotary PubYc whroe 7Yrp.,laGlana oawity 21 2016 YANG Aa6BfJATIOM M g0?MtllS COMMONWEALTH OF PENNSYLVANIA (~, SS: COUNTY OF ~~Q~n (~ . On this, the ~ ~t `day of~V.OC3(U, , 20 ~~ ,before me, a Notary Public, in and for the Commonwealth of Pennsylvania,' theme undersigned officer, personally appeared MARLENE GELBAUGH, proper name being V. MARLENE GELBACH, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within Agreement and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. (SEAL) No P blic My Commission Expires: }~- q~~ ~. ~ aQ ~ (SEAL) COMMONwFUTH_oFVPENrISrwautn Wool seal ~., Uitllane Co" Mamma aeHnsnvnnu ~sovanaZi l~ -ar~ r 5~~~~~ ~~ COMMONWEALTH O PENNSYLVANIA , ~ ~~ : SS: COUNTY OF On this the ~ d ~"'' -' ay of , 20 ~ ,before me, a Notary Public, in and for the Commonwealth of Pennsylvania, the undersigned officer, personally appeared DONELLA STUTTON, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within Agreement and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I here~dito skt/~ny hand and Notary Public / (/ My Commission Expires: ~ ~ -/ rc~er ~ Mr r~~°~ IX~~: Mer is y IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION N0.2012-0307 FIRST AND FINAL ACCOUNTING OF William G. Fenwick Jr., Executor of the Estate of Odell W. Sutton Date of Death of Settlor: Date of Appointment: Date of First Complete Advertisement: Accounting for the Period: March 1, 2012 Mazch 14, 2012 May 4, 2012 Mazch 1, 2012 through November 15, 2012 Purpose of Account: The above Executor offers this account to acquaint interested parties with the transactions that have occurred during his administration. It is important that the account be carefully examined. Requests for additional information, or questions, or objections, can be discussed with: Stanley A. Smith, Esquire Rhoads & Sinon LLP One South Market Square, 12~' Floor P.O. Box 1146 Harrisburg, PA 17108-1146 (717)233-5731 EXHIBIT "A" 864778.1 Estate of ODELL W SUTTON Summary of Account Principal Page Principal Receipts 2 Net Loss on Sales or Other Dispositions 4 Less Disbursements: 7 Debts of Decedent Funeral Expenses Administrative Expenses Fees & Commissions Balance Before Distributions Less Amounts to Beneficiaries Total Distributions Principal Balance On Hand For Information: Investments Made Unpaid Expenses Unrealized Gains and Losses Income Receipts Net Gain on Sales or Other Dispositions Less Disbursements: Balance Before Distributions Less Amounts to Beneficiaries Transfers Total Distributions Income Balance on Hand For Information: Investments Made Unpaid Expenses Unrealized Gains and Losses Combined Balance on Hand $ 3,315.8b 1,041.00 25,064.36 57,020.00 $ 283,871.00 (1,021.00) $ 282,850.00 86,441.22 $ 196,408.78 13 $ 0.00 $ 0.00 14 $ 196,408.78 15 18 $ 11.40 19 0.00 $ 11.40 20 0.00 $ 11.40 21 $ 0.00 0.20 $ 0.20 22 $ 11.20 23 $ 196,419.98 ` Estate of ODELL W SUTTON Principal Receipts ~ Inventory Value Cash and Cash Equivalents 03/01/2012 Cash found at time of death. g 7,074.00 Cash found in Wallet 226.00 PNC Checking Acct. #5005182758 97,807.75 Red Cross Pension Check 983.84 Wells Fargo Checking Account #1010201011049 Wells Fargo Savings Account #1010230779446 Total Cash and Cash Equivalents Tangible Personal Property Tangible Personal Property Total Tangible Personal Property Miscellaneous Adjustments made to selling price of home at 337 Regent Street, Camp Hill, PA shown on Settlement Sheet dated 07/06/2012. Refund from Capital Blue Cross Refund from Tri-County Blind Radio Refund of Erie Homeowner's Insurance Total Miscellaneous Real Property Real Estate located at 337 Regent Street, Camp Hill Borough, Cumberland County, PA 17011, Deed Book 24K, Page 283 sold at auction on 06/13/2012 15,094.02 2,205.32 $ 4,543.00 $ 500.03 155.87 35.00 239.00 $ 123,390.93 4,543.00 929.90 $ 150,000.00 (2) Principal Receipts (Continued) Real Property Total Real Property Total Inventory Receipts Subsequent to Inventory 04/02/2012 Red Cross Pension Check 06/06/2012 Refund of payments made to Highmark Rx plan 06/26/2012 Refund from Comcast 06/26/2012 Refund of payments made to Highmark Rx plan 09/14/2012 Social Security payment for March 1, 2012 -Check had been returned by bank in error. 10/16/2012 Refund from UGI Utilities. 11/15/2012 RECEIVABLE Refund for overpayment of PA Inheritance Tax - not received as of 11/15/2012 Total Receipts Subsequent to Inventory Transfers from Income 03/28/2012 PNC Estate Checking Account 03/28/2012 PNC Estate Checking Account Total Transfers from Income Total Receipts of Principal Inventory Value 03/01/2012 $ 150,000.00 S 278,863.83 $ 983.84 58.70 2.52 58.70 1,328.30 11.48 2,563.43 $ 0.09 0.11 $ 5,006.97 $ 0.20 $ 283,871.00 (3) s Estate of ODELL W SUTTON Gains and Losses on Sales or Other Dispositions of Principal Net Gain 03/01/2012 Sale Adjustments made to selling price of home at 337 Regent Street, Camp Hill, PA shown on Settlement Sheet dated 07/06/2012. Net Proceeds $ 500.03 Inventory Value $ 500.03 03/01/2012 Collection Cash found at time of death. Net Proceeds $ 7,074.00 Inventory Value $ 7,074.00 03/01/2012 Collection Cash found in Wallet Net Proceeds $ 226.00 Inventory Value $ 226.00 03/01/2012 Collection Red Cross Pension Check Net Proceeds $ 983.84 Inventory Value $ 983.84 03/01/2012 Collection Refund from Capital Blue Cross Net Proceeds $ 155.87 Inventory Value $ 155.87 03/01/2012 Collection Refund from Tri-County Blind Radio Net Proceeds $ 35.00 Inventory Value $ 35.00 03/01/2012 Collection Refund of Erie Homeowner's Insurance Net Proceeds $ 239.00 Inventory Value $ 239.00 (4) Net Loss Gains and Losses on Sales or Other Dispositions of Principal (Continued) Net Gain 04/02/2012 Collection Red Cross Pension Check Net Proceeds $ 983.84 Inventory Value $ 983.84 04/19/2012 Sale Tangible Personal Property Sale of silver service and gold watch to We Buy Gold. Net Proceeds $ 1,450.00 Inventory Value $ 1,450.00 05/25/2012 Sale Tangible Personal Property Sale of Household Goods Net Proceeds $ 228.00 Inventory Value $ 228.00 06/06/2012 Collection Refund of payments made to Highmark Rx plan Net Proceeds $ 58.70 Inventory Value $ 58.70 06/06/2012 Sale Tangible Personal Property Sale of Household Goods Net Proceeds $ 590.00 Inventory Value $ 590.00 06/26/2012 Collection Refund from Comcast Net Proceeds $ 2.52 Inventory Value $ 2.52 06/26/2012 Collection Refund of payments made to Highmark Rx plan Net Proceeds $ 58.70 Inventory Value $ 58.70 Net Loss (5) Gains and Losses on Sales or Other Dispositions of Principal (Continued) Net Gain 06/26/2012 Sale Tangible Personal Property Sale of Household Goods Net Proceeds Inventory Value 07/09/2012 Sale Real Estate located at 337 Regent Street, Camp Hill Borough, Cumberland County, PA 17011, Deed Book 24K, Page 283 sold at auction on 06/13/2012 Net Proceeds Inventory Value 07/30/2012 Sale Tangible Personal Property Sale of Grandfather Clock. Net Proceeds Inventory Value 07/31/2012 Retired as Worthless Tangible Personal Property Inventory Value Net Proceeds 09/14/2012 Collection Social Security payment for March 1, 2012 -Check had been returned by bank in error. Net Proceeds Inventory Value 10/16/2012 Collection Refund from UGI Utilities. Net Proceeds Inventory Value Total Gains and Losses Net Loss $ 54.00 $ 54.00 $ 150,000.00 $ 150,000.00 Net Loss $ 1,200.00 $ 1,200.00 $ 1,021.00 $ 0.00 1,021.00 $ 1,328.30 $ 1,328.30 $ 11.48 $ 11.48 $ 0.00 $ 1.021.00 $ 1,021.00 (6) Estate of ODELL W SUTTON Disbursements of Principal Date Paid Debts of Decedent 03/07/2012 Marjorie Smith Payment of wages earned as a cazegiver. Check Number 537 03/08/2012 Dazlene Steiner Payment of wages earned as a caregiver. Check Number 539 03/20/2012 Penn Waste. Utility Payment Check Number 02 03/20/2012 UGI Utilities Utility Payment Check Number 07 03/26/2012 P P & L Utility Payment Check Number 03 03/27/2012 Golden Living Nursing Home Payment of Co-pay. Check Number 1 03/28/2012 PA American Water Utility Payment Check Number 04 04/16/2012 A T & T Utility Payment Check Number 1003 06/12/2012 Camp Hill Emergency Physicians Payment of invoice for call on 01/23/2012. Check Number 1023 07/09/2012 Pat Bechtel Payment of wages eazned as a caregiver Check Number 1028 Total Debts of Decedent (7) Amount Paid $ 990.00 300.05 45.75 109.32 47.53 1,156.00 26.25 40.06 90.90 .510.00 $ 3,315.86 Disbursements of Principal (Continued) Date Paid Funeral Expenses 03/20/2012 Good Shepherd Caring Team Payment of funeral luncheon. Check Number 5 03/20/2012 Office of Catholic Cemeteries Payment of interment on 03/05/2012. Check Number 6 06/13/2012 Myers Funeral Home Payment of balance not covered by Burial Fund Check Number 1025 Total Funeral Expenses Administration Expenses 03/05/2012 Comcast Cable Check Number 536 03/20/2012 Clock Doctor Service grandfather clock. Check Number 8 03/31/2012 Wells Fargo Savings Account #1010230779446 Monthly Service Fee 04/02/2012 Patrick Charlton Payment of painting interior of home. Check Number 1001 04/05/2012 RSR Realtors Payment of invoice for the appraisal of property located at 337 Regent Street, Camp Hill Borough, PA 17011. Check Number 1002 04/09/2012 Barbara Fenwick Reimbursement for the purchase of paint. Check Number 1005 Amount Paid $ 100.00 810.00 131.00 $ 1,041.00 9.87 169.60 25.00 825.00 450.00 164.57 (8) Disbursements of Principal (Continued) Date Paid Administration Expenses 04/09/2012 UGI Utilities Utility Payment Check Number 1004 04/30/2012 Hobbie Auctions Payment of invoice for the Appraisal of Tangible Personal Property. Check Number 1006 04/30/2012 Patrick Charlton Payment of painting interior of home. Check Number 1007 05/04/2012 Patrick Charlton Payment of painting interior of home. Check Number 1008 05/11/2012 Patrick Charlton Payment of painting interior of home. Check Number 1011 05/14/2012 Hobbie Auctions Amount owed at signing of contract for auction to be held June 13, 2012. Check Number 1010 05/15/2012 Paul Gnazzo Payment for lawn care. Check Number 1009 05/16/2012 Boro of Camp Hill Quarterly Sewer Payment Check Number 1012 05/16/2012 UGI Utilities Utility Payment Check Number 1013 05/17/2012 PA American Water Utility Payment Check Number 1014 Amount Paid $ 39.13 250.00 825.00 825.00 843.33 900.00 200.Q0 150.00 27.28 26.29 (9) Date Paid Disbursements of Principal (Continued) Administration Ezpenses 05/23/2012 Barbara Fenwick Reimbursement for the purchase of paint. Check Number 1017 05/23/2012 P P & L Utility Payment Check Number 1020 05/24/2012 Bryan Worthington Payment of yardwork. Check Number 1018 06/04/2012 Janet Miller, Tax Collector Payment of taxes. Check Number 1015 06/04/2012 PA American Water Utility Payment Check Number 1019 06/06/2012 Janet Miller, Tax Collector Payment of taxes. Check Number 1016 06/08/2012 John Freidhoff Payment of electrical work done in home. Check Number 1027 06/08/2012 UGI Utilities Utility Payment Check Number 1024 06/ 11 /2012 Penn Waste Utility Payment Check Number 1026 06/12/2012 Paul Gnazzo Payment for lawn care. Check Number 1022 07/05/2012 P P & L Utility Payment Check Number 1030 Amount Paid $ 210.87 51.44 440.00 1,047.85 31.07 5.00 ao.oo 17.40 45.75 280.00 85.32 (10) Date Paid Disbursements of Principal (Continued) Administration Expenses 07/06/2012 Exit Realty Martin Group Commission chazged on sale of property 07/06/2012 Hobbie Auctions Commission charged on sale of property. 07/06/2012 PA American Water Utility Payment Check Number 1029 07/12/20.12 UGI Utilities Utility Payment Check Number 1031 07/27/2012 P P & L Utility Payment Check Number 1032 07/27/2012 PA American Water Utility Payment Check Number 1034 07/31/2012 UGI Utilities Utility Payment Check Number 1033 08/27/2012 Paul Gnazzo Payment for lawn care. Check Number 1035 11/15/2012 RESERVE: Rhoads &Sinon, LLP IOLTA Escrow Account, Reserve for Contingent Expenses 11/15/2012 RESERVE: Rhoads &Sinon, LLP Reimbursement for out-of-pockets expenses Total Administration Expenses Amount Paid $ 1,500.00 4,500.00 29.95 .11.48 28.15 5.64 15.01 80.00 10,000.00 909.36 S 25,064.36 (11)' Disbursements of Principal (Continued) Date Paid Fees and Commissions 05/25/2012 Cumberland County Register of Wills Prepayment of Inheritance Tax. Check Number 1021 11/15/2012 RESERVE: Rhoads & Sinon, LLP Attorneys' Fees 11/15/2012 RESERVED: William G. Fenwick Jr. Executor's Commissions Total Fees and Commissions Total Disbursements of Principal Amount Paid $ 34,020.00 11,500.00 11,500.00 $ 57,020.00 $ 86,441.22 (12} Estate of ODELL W SUTTON Distributions of Principal to Beneficiaries Fair Market Value Total Distributions of Principal $ 0.00 (13) Estate of ODELL W SUTTON Principal Balance On Hand Inventory Value 11/15/2012 Cash and Cash Equivalents PNC Estate Checking Account $ 193,845.35 Total Cash and Cash Equivalents $ 193.845.35 Miscellaneous RECENABLE Refund for overpayment of PA Inheritance Tax - not received as of 11/15/2012 $ 2,563.43 Total Miscellaneous $ 2.563.43 Total Balance on Hand $ 196.408.78 (14) Estate of ODELL W SUTTON Information Schedules -Principal Inventory Value Exchanges and Stock Distributions Adjustments made to selling price of home at 337 Regent Street, Camp Hill, PA shown on Settlement Sheet dated 07/06/2012. 03/01/2012 Received 03/01/2012 Reimbursement of County taxes paid from 07/06/12 - 12/31/12 $511.00 and Trash charges paid from 07/06/12 - 09/30/12 $43.12. Less Sewer charges from 07/01/12 - 07/06/12 $9.04 and School Taxes from 07/01/12 - 07/06/12 $35.05 and a Notary Fee of $10.00. Sold Real Estate located at 337 Regent Street, Camp Hill Borough, Cumberland County, PA 17011, Deed Book 24K, Page 283 sold at auction on 06/13/2012 03/01/2012 Received 07/09/2012 Sold Refund from Capital Blue Cross 03/01/2012 Received 03/01/2012 Collected Refund from Comcast 06/26/2012 Received 06/26/2012 Collected Refund from Tri-County Blind Radio 03/01/2012 Received 03/01 /2012 Collected ' (15) $ 500.03 (500.03 ) 150,000.00 (150,000.00) 155.87 (155.87) 2.52 (2.52) 35.00 (35.00) Information Schedules -Principal (Continued) Inventory Value Exchanges and Stock Distributions Refund from UGI Utilities. 10/16/2012 Received 10/16/2012 Collected Refund of Erie Homeowner's Insurance 03/01/2012 Received 03/01 /2012 Collected Refund of payments made to Highmark Rx plan 06/06/2012 Received 06/06/2012 Collected 06/26/2012 Received On Hand 06/26/2012 Collected RECEIVABLE Refund for overpayment of PA Inheritance Tax -not received as of 11/15/2012 11/15/2012 Received On Hand Social Security payment for March 1, 2012 -Check had been returned by bank in error. 09/14/2012 Received 09/ 14/2012 Collected Tangible Personal Property 03/01/2012 Received 04/19/2012 Sold Sale of silver service and gold watch to We Buy Gold. On Hand 05/25/2012 Sold Sale of Household Goods (16) $ 11.48 (11.48) 239.00 (239.00) 58.70 (58.70) 58.70 $ 58.70 (58.70) 2,563.43 $ 2,563.43 1,328.30 (1,328.30) 4,543.00 (1,450.00) $ 3,093.00 (228.00) Information Schedules -Principal (Continued) Inventory Value Exchanges and Stock Distributions 06/06/2012 06/26/2012 07/30/2012 07/31/2012 On Hand Sold Sale of Household Goods On Hand Sold Sale of Household Goods On Hand Sold Sale of Grandfather Clock. On Hand Retired as worthless (17) $ 2,865.00 (590.00) $ 2,275.00 (54.00) $ 2,221.00 (1,200.00) ~ 1,021.00 (1,021.00) Estate of ODELL W SUTTON Receipts of Income Income Collected PNC Estate Checking Account 04/13/2012 Interest 05/14/2012 Interest 06/14/2012 Interest 07/16/2012 Interest 08/14/2012 Interest 09/17/2012 Interest 10/ 15/2012 Interest 11/15/2012 Interest Wells Fargo Checking Account #1010201011049 03/31 /2012 Interest Wells Fargo Savi ngs Account #1010230779446 03/26/2012 Interest 03/28/2012 Interest Total Income .Collected Total Income Received $ 0.85 1.02 0.78 0.99 1.79 2.10 1.74 1.93 $ 11.20 $ 0.11 0.11 $ 0.08 0.01 0.09 S 11.40 $ 11.40 (18) Estate of ODELL W SUTTON Gains and Losses on Sales or Other Dispositions of Income Net Gain Net Loss None No Gain or Loss $ 0.00 (19) Estate of ODELL W SUTTON Disbursements of Income Date Paid Total Disbursements of Income (20) Amount Paid $ 0.00 Estate of OpELL W SUTTON Distributions of Income to Beneficiaries Transfers to Principal 03/28/2012 Transfer From: Wells Fargo Checking Account #1010201011049 To: PNC Estate Checking Account 03/28/2012 Transfer From: Wells Fazgo Savings Account #1010230779446 To: PNC Estate Checking Account Total Transfers to Principal Total Distributions of Income Fair Market Value $ 0.11 0.09 $ 0.20 $ 0.20 (21) Estate of ODELL W SUTTON Income Balance On Hand Inventory Value 11/15/2012 Cash and Cash Equivalents PNC Estate Checking Account $ Total Cash and Cash Equivalents Total Balance on Hand 11.20 $ 11.20 $ 11.20 (22) Estate of ODELL W SUTTON Information Schedules -Income Inventory Value Exchanges and Stock Distributions (23) ~ r ESTATE OF ODELL W. SUTTON DATE OF DEATH: MARCH 1, 2012 FILE NO.: 2012-0307 ACCOUNTING FOR THE PERIOD: March 1, 2012 through November 15, 2012 PNC Estate Checking Account No. 50-0647-1746 PROPOSED DISTRIBUTION TO THE HEIRS Paul Sutton -1/3 Share $65,473.33 13 Beech Street Homer City, PA 15748 Donella Sutton - 1/3 Share $65,473.33 308 Saddlebrook Drive Indiana, PA 15701 Marlene Gelbaugh- 1/3 Share $65,473.32 Proper name V. Marlene Gelbach 1 Winchester Drive Indiana, PA 15701 TOTAL: $196,419.98 871743.1 J ~ ~ VERIFICATION OF ACCOUNTING WILLIAM G. FENWICK JR., EXECUTOR of the ODELL W. SUTTON ESTATE, hereby declares under oath that he has fully and faithfully discharged the duties of his office; that the foregoing First and Final 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 the knowledge of William G. Fenwick Jr., there are no claims now outstanding against the Estate; and that all taxes presently due from the Estate have been paid. This statement is made subject to the penalties of 18 Pa. C.S.A. Section 4904 relating to unswom falsification to authorities. Dated: C- ~"~~c~~ ~ ~ William G. Fenwick Jr., Executor 864778.1