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HomeMy WebLinkAbout04-01-13 Family Agreement-Waiving Filing of Acco4qt This Agreement is by and between Eugenia Gale Mill'W Pt4 Forth-`-q c Hanover Street, Carlisle, Pennsylvania 17013; and Barbara DtzeF;a/I Barbara S. Leitzel of 2750 Spring Hill Road, Enola, Pennsylv ia-M25-in tOei capacities as Co-Executrixes under the Last Will and Testament ad mil 8 1998 of Evelyn E. Stout, Deceased, ° ry m n -�= CO and Eugenia Gale Miller of 544 North Hanover Street, Carlisle, Pennsylvania 17013; and Barbara Dale Leitzel, a/k/a Barbara S. Leitzel of 2750 Spring Hill Road, Enola, Pennsylvania 17025, and Susan Maureen Alley, now Susan Mac a' Bhaird of 8 Walden Court, Hazelton, Pennsylvania 18202; the residuary and only legatees of the estate pursuant to said Last Will and Testament. For purposes of this agreement, when they are referred to in their fiduciary capacity, the term, "Co-Executrixes" will be used and, when they are referred to in their individual capacities, they will be referred to as "legatees" or "beneficiaries." BACKGROUND 1. Evelyn E. Stout ("Decedent") died on May 22, 2011, a resident of the 613 North East Street, Carlisle, Pennsylvania 17013, leaving a Will dated April 8, 1998. 2. Decedent's Will was admitted to probate by the Register of Wills of Cumberland County on June 10, 2011, and Letters Testamentary were issued to Eugenia Gale Miller and Barbara Dale Leitzel as Co-Executrixes. 3. In her Will, Decedent made no specific bequests and named Eugenia Gale Miller, Barbara Dale Leitzel and Susan Maureen Alley, now Susan Mac a' Bhaird as the sole residuary legatees. A copy of the Will is attached hereto as Exhibit "A." 4. The Co-Executrixes advertised the grant of Letters Testamentary and prepared and filed a Pennsylvania Inheritance Tax Return and federal and state income tax returns and paid the appropriate taxes thereon. 5. The Co-Executrixes have paid all the taxes, debts and expenses of the estate known to them, and they have no knowledge of any unpaid claims, absolute or contingent, which may be asserted against the estate nor do they have any reason to believe that there are any such claims. Family Agreement— Waiving Filing of Account—Estate of Evelyn E. Stout Page 1 of 5 6. The Co-Executrixes have liquidated the assets of the Decedent, except for certain personal property as shown on the hereafter mentioned Proposed Schedule of Distribution, which is to be distributed in kind. 7. An account of the principal and income received by the Co- Executrixes, their disbursements, and a Proposed Schedule of Distribution is attached hereto as Exhibit "B." The net value of the estate available for distribution to all of the beneficiaries of the estate is $955,280.24. 8. The Co-Executrixes desire to make distribution to the legatees as set forth on the Proposed Schedule of Distribution which is attached hereto as a part of Exhibit "B." 9. All parties hereto desire that this Family Agreement make unnecessary the filing an accounting in the Orphans' Court Division of the Court of Common Pleas of Cumberland County. NOW THEREFORE, intending to be legally bound, the parties do hereby: 1. Waive the filing of an account of the administration of the estate in any court, at the discretion of the Co-Executrixes. 2. Declare that the undersigned have examined the Account and Proposed Schedule of Distribution which are attached hereto as Exhibit"B" and find them to be true and correct in all particulars; accept and approve them with the same force and effect as if they had been prepared and filed with, audited, adjudicated and confirmed absolutely by a court of competent jurisdiction; and as if the balance of principal and income had been awarded by the Court in accordance with the Proposed Schedule of Distribution. 3. Warrant that the beneficiaries named in the Proposed Schedule of Distribution are the sole remaining parties in interest in the estate and entitled to receive the entire distribution thereof in accordance with the Account and Proposed Schedule of Distribution which are attached hereto as Exhibit "B." 4. Warrant that the undersigned know of no outstanding and unsatisfied claims against the estate. 5. Approve the distribution of the balance of principal and income shown in the Account and Proposed Schedule of Distribution which are attached hereto as Exhibit "B" to the persons set forth therein. 6. Absolutely and irrevocably release and discharge the Co- Executrixes, and their heirs, personal representatives, successors and assigns of and from any and all actions, liabilities, claims and demands relating in any way to their administration of the estate and distribution in accordance with the Account and Proposed Schedule of Distribution which are attached hereto as Exhibit "B" and without a court accounting and adjudication. Family Agreement— Waiving Filing of Account—Estate of Evelyn E. Stout Page 2 of 5 7. Agree to refund to the Co-Executrixes any amount of the undersigned distribution which exceeds the amount to which the undersigned are entitled as the Co-Executrixes shall determine. 8. Agree to indemnify and hold harmless, the Co-Executrixes, and their heirs, personal representatives, successors and assigns, from and against any claims, liabilities, loss or expense (including costs and counsel fees) arising from any cause whatsoever, which the Co-Executrixes may incur as a result of the administration of the estate and its distribution in accordance with this agreement including, but not limited to, any liability for any federal estate taxes, Pennsylvania Inheritance tax or any other death taxes, and any federal or Pennsylvania income taxes, and Pennsylvania personal property taxes, together with any interest and costs incidental thereto, relating in any way to the estate and also including, but not limited to, any assets received or payments or distributions made by reason of any negligence or mistake of law or fact. 9. Agree that this Agreement shall be binding and effective as against each legatee upon execution (signing) by that legatee and the Co-Executrixes. IN WITNESS WHEREOF, and with intent to be le ?Ily bound hereby, the parties hereto have set their hands and seals this . � may of March, 2013. Witness: �' d (Seal) Eug4nma Gale Miller, Co-Executrix Witness: ' -�''- � i cat���t" e (Seal) Barbara Dale Leitz I, - a/k/a Barbara S. Leitzel Co-Executrix Witness: �✓2� � �ti, .ti. /y (Seal) Eu nia G le Miller, Beneficiary Witness: ) � 2i �- � ;�-C�, - • �� ;`- (Seal -Barbara Dale Leitzel,' a/k/a Barbara S. Leitzel; en'ef'ici�ary Witnesst. C_ ' �U'/ "l , .. (Seal) Susan Maureen Alley, now Susan Mac a' Bhaird, Beneficiary Family Agreement— Waiving Filing of Account—Estate of Evelyn E. Stout Page 3 of 5 State of Pennsylvania Iss. County of Cumberland On this, the day of March, 2013, before me, the undersigned officer, personally appeared Eugenia Gale Miller, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. (SEAL) �+oR wwu► NOTARIAL SEAL /RISIM A LIESS.Nd WVPAft 90"n a CIRW Cumbertmd Cou*M �Y C mmi mion Ewes I*2Q POtt State of Pennsylvania Iss. County of Cumberland On this, the JQ day of March, 2013, before me, the undersigned officer, personally appeared Barbara Dale Leitzel, a/k/a Barbara S. Leitzel, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. (SEAL) � nvl,NIA MUM SE& hgR-M.NNftgwell, C"ft a F, Family Agreement— Waiving Filing of Account—Estate of Evelyn E. Stout Page 4 of 5 State of Pennsylvania Iss. County On this, the day of March, 2013, before me, the undersigned officer, personally appeared Susan Maureen Alley, now Susan Mac a' Bhaird, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. CONIIVioN�EP.LTH OF PENNSYLVANIA NOTARIAL SEAL Job R 1 NW"Public W est IiezleWn Baoagh,Luzerns County `C1 (SEAL) 1VI commission a Tres July 19 2016 Family Agreement— Waiving Filing of Account—Estate of Evelyn E. Stout Page 5 of 5 LAST WILL AND TESTAMENT OF EVELYN E. STOUT I, EVELYN E. STOUT, of 613 North East Street in the Borough of Carlisle, Cumberland County, Pennsylvania, being of sound and disposing mind, memory and understanding,do hereby make,publish and declare this as and for my Last Will and Testament hereby revoking and making void any and all Wills by me at any time heretofore made. 1. I direct my hereinafter named personal representative or personal representatives to pay all of my just debts and funeral expenses as soon after my death as may be found convenient to do so. I direct that my services be conducted by Hoffman-Roth Funeral Home, 219 North Hanover Street,Carlisle,Pennsylvania,in accordance with arrangements which I have made with that funeral home. 2. All of the rest, residue and remainder of my estate,real, personal and mixed,and wheresoever the same may be situate,I give,devise and bequeath to my husband,Eugene E. Stout,his heirs and assigns,to the exclusion of my children,born and unborn,provided my said husband shall survive me by a period of ninety(90)days. 3. Should my said husband,Eugene E. Stout,predecease me or fail to survive me by the aforesaid period of ninety(90)days,then in such event all of the rest,residue and remainder of my estate,real,personal and mixed,and wheresoever the same may be situate,I give,devise and bequeath in equal shares to such of my three(3) daughters as shall survive me by a period of ninety(90)days, their heirs and assigns,but should any of my hereinafter named three daughters fail to so survive me then the share such deceased daughter would have received shall pass to such of her issue as shall survive me by a period of ninety(90)days,per stirpes,and if there be no such issue the same shall lapse and be added to the share or shares of my other daughters,per stirpes. My three (3) daughters are Eugenia Gale Miller,Barbara Dale Leitzel, and Susan Maureen Alley. 4. Should any person less than 18 years of age be entitled to distribution from my estate, in such event I nominate,constitute and appoint my personal representatives as Guardians of the estate of each such person,and authorize such Guardians to receive and to invest the same,and to pay the income arising therefrom together with so much of the principal thereof as in the opinion of said Guardians is necessary or desirable to be expended for the proper maintenance,support and education of such person, to or for the benefit of such person, and upon such person attaining 18 years of age to pay to him or her the then remaining principal together with any undistributed income. 5. 1 hereby nominate,constitute and appoint my said husband, Eugene E. Stout, as Executor of this my Last Will and Testament but should he-predecease me or fail to qualify,then in such event I nominate,constitute and appoint my three(3)daughters, or any of them, they being Eugenia Gale Miller,Barbara Dale Leitzel,and Susan Maureen Alley,as co-Executrices of this my Last Will and Testament,and I further direct that none of them shall be required to post any bond to secure the faithful performance of his or her duties in the Commonwealth of Pennsylvania or in any other jurisdiction. 6. In addition to the powers conferred by law, my hereinabove named personal representative or personal representatives and Guardians of the person are empowered to: a. To invest any part of the trust corpus in such securities,investments,or other property as may be deemed advisable and proper,irrespective of whether the same are authorized for the investment of trust funds under the laws of any governing jurisdiction. 11A b. With respect to any corporation,the stocks,bonds, or other securities of which may be held,to vote in person or by proxy on any shares of stock;to consent to the merger, consolidation or reorganization of such corporations;to consent to the leasing,mortgaging or sale of the property of any such corporations;to make any surrender,exchange or substitution of such stocks,bonds or other securities as an incident to the merger, consolidation or reorganization.of such corporations;to pay all assessments,subscriptions and other sums of money which may be deemed wise and expedient for the protection and maintenance of the proportionate interest of the investment in such corporations;to exercise any option or privilege which may be conferred upon the holders of such stocks, bonds, or other securities of such corporations either for the conversion of the same into other securities or for the purchase of additional securities,and to make any and all necessary payments which may be required in connection therewith;and generally to have and exercise as to all such stocks,bonds and other securities,the powers of an individual owner who is under trust obligation. Page 1 of 2 Pages c. To hold the trust corpus in one or more consolidated funds in which separate shares shall have undivided interests: d. To sell at public or private sale for cash or upon credit, or partly for cash and partly on credit,and upon such terms and conditions as shall be deemed proper, any part or parts of the trust estate,and no purchaser at any such sale shall be bound to inquire into the expediency or propriety of any such sale or to see to the application of the purchase moneys arising therefrom. e. To keep on hand and uninvested such money as may be deemed proper and for such period as may be found expedient. f. To compromise,settle or arbitrate any claim or demand in favor of or against the trust estate. g. And authorized in the discharge of fiduciary duties, to employ counsel and to determine and to pay such counsel reasonable compensation which shall be charged against the principal or income of the trust fund,and shall further be entitled to charge against the principal or income such other reasonable expenses and charges as may be necessary and proper to incur for the proper discharge of fiduciary duties and for the proper management and administration of the trust estate. h. In making any division of property into shares for the purpose of any distribution thereof directed by the provisions of the trust,to make such division or distribution,either in cash or in kind, or partly in cash and partly in kind,as shall be deemed most expedient,and in making any division or distribution in kind may allot any specific security or property or any undivided interest therein to any one or more of such shares, and to that end may appraise any or all of the property so to be allotted and the judgment as to the propriety of such allotment and as to the relative value for purposes of distribution of the securities or property so allotted shall be final and conclusive upon all persons interested in the trust or in the division or distribution thereof. IN WITNESS WHEREOF,I have hereunto set my hand apd seal to this my Last Will and Testament written on two(2)pages,this S ih day of 1998. 1 C.- (SEAL) Evel E.S out Signed, sealed, published and declared by EVELYN E. STOUT, the Testatrix above named,as and for her Last Will and Testament,in our presence,who, in her presence,at her request, and in the presence of each other, have hereunto subscribed our names as attesting witnesses. Page 2 of 2 Pages FIRST AND FINAL ACCOUNT OF EUGENIA GALE MILLER, AND BARBARA DALE LEITZEL,CO-EXECUTRICES OF THE LAST WILL AND TESTAMENT OF EVELYN E.STOUT,LATE OF 613 NORTH EAST STREET,CARLISLE, CUMBERLAND COUNTY,PENNSYLVANIA,DECEASED DATE OF DEATH: LETTERS TESTAMENTARY ADVERTISED: 5/22/11 CUMBERLAND LAW JOURNAL July 22,29 &Aug.5,2011 FILE NO.: THE SENTINEL 21-11-0637 July 14,21 & 29,2011 PRINCIPAL RECEIVED - REAL ESTATE Accountants charge themselves with the following principal amounts received: Date 2011 22-May Personal Residence 613 North East Street,Carlisle,PA 17013 Current Assessment: $147,700 times CLR 1.00 Deed Recorded at Book "D,"Volume 20,Page 810 Sold 5/4/2012 138,000.00 For copy of Deed See Exhibit "H" to Inheritance Tax Return For copy of Settlement Sheet See Exhibit "I" to Inh.Tax Return TOTAL PRINCIPAL RECEIVED - REAL ESTATE: 138,000.00 PRINCIPAL RECEIVED - PERSONAL PROPERTY Accountants charge themselves with the following principal amounts received: Date 2011 1st &final Stout, Evelyn E.3.20.13.xls �����m'�° �v�'"a Page 1 22-May Household Personal Property -As Appraised by See Exhibit "B" to Inheritance Tax Return Roy D. Gottshall,Auctioneer 1,746.00 22-May M&T Bank Savings (Money Market) See Exhibit "A" to Inheritance Tax Return Account No.: 15004221311224 219,755.10 Accrued Interest to DOD 29.80 22-May Citizens Bank: See Exhibit "D" to Inheritance Tax Return Checking#610731944(Joint) 41,443.04 Accrued Interest to Date of Death 0.99 Money Market#61064391100 (Evelyn Alone) 223,223.71 Accrued Interest to Date of Death 38.53 12 Mo.CD#6247706052 (Joint) 106,290.60 Accrued Interest to Date of Death 3.50 12 Mo.CD#6250435868 (Joint) 57,763.69 Accrued Interest to Date of Death 10.45 15 Mo. CD#6247704688 (Joint) 104259.69 Accrued Interest to Date of Death 71.61 15 Mo. CD#6250436104(Joint) 26,135.55 Accrued Interest to Date of Death 5.46 22-May MorganStanley SmithBarney Personal Brokerage Account No.410-055417-003 See Exhibit "E" to Inheritance Tax Return Cash Account 3,964.97 398.000 share Morgan Stanley 9,528.12 1,038.177 Am. Bond Fund of America A 12,842.25 2,142.545 Am. Income Fund of America A 37,601.67 2,105.570 ING International Value A 25,498.45 2,280.329 Invesco VK Equity & Income A 20,545.78 132.710 MSIF Opportunity PTF H 2,135.30 22-May MorganStanley SmithBarney IRA Account See Exhibit "G" to Inheritance Tax Return Not a Probate Asset - Paid Directly to Beneficiaries N/A Total Value: $44,723.15 377.44 Shares Money Market 198.068 Shares Am. Capital Income Builder C 681.803 Shares Invesco Global Core Equity A 168.000 Shares Cisco Systems Inc. 440.000 Shares Danone Sponsored ADR 20.000 Shares Merck& Co. Inc. New Com 88.000 Shares Microsoft Corp. 48.000 Shares Morgan Stanley 148.000 Shares Oracle Corp. 54.000 Shares Pfizer Inc. 1st &final Stout, Evelyn E.3.20.13x1s �� ®;� ! a Page 2 72.000 Shares Total Fina Elf SA 36.000 Shares Walt Disney Co. Hold-. Co. 22-May 1994 Chrysler New Yorker VIN #2C3ED46F2RH113281 Valuation by Gray's Auto Sales & Service - $1,462.00 See Exhibit "C" to Inheritance Tax Return Valued Per Agreement with Eugenia Gale Miller 2,000.00 22-May 80 Series EE US Savings Bonds 15,839.76 See Exhibit "F" to Inheritance Tax Return 22-May Note: Confirmation received from TIAA-CREF that contract had no death benefits and no assets to probate. N/A 1-Jul Citizens Bank Interest Check dated May 16,2011 23.42 Account unknown 1-Jul Citizens Bank Interest Check dated May 19,2011 26.21 Account unknown 8-Jul Refund - Heritage Medical Group 56.76 14-Jul Refund - Comcast 15.63 5-Aug Refund - Capital Blue Cross 145.10 2012 15-May Refund - United States Treasury 1,113.00 2011 Personal Income Tax Refund 2013 3-Jan Refund - Pennsylvania Department of Revenue 2011 Personal Income Tax Refund 185.00 TOTAL PRINCIPAL RECEIVED - PERSONAL PROPERTY: 912,299.14 1st &final Stout, Evelyn E.3.20.13.xls ^N ,, � Page 3 INCOME RECEIVED Accountants charge themselves with the following income amounts received: Date 2011 30-Jun M&T Bank-Accrued Interest From DOD to Closing MMKT Account No.: 15004221311224 100.28 M&T Bank MMKT closed 6/30/12 $20,000 To Estate Checking Account $199,885.18 to Estate MMKT Account 30-Jun Citizens Bank Accrued Interest From DOD to Closing Checking#6107311944(Joint) 0.63 Money Market#61064391100 (Evelyn Alone) 34.79 12 Mo. CD#6247706052 9.61 See Interest Adj. at 7/8/11 Income Entry $27.09 ($23.59) 12 Mo. CD#6250435868 (Joint) (21.24) See Interest Adj. at 7/1/11 Income Entry $14.72 ($4.27) See also additional $14.24 entry at 7/8/11 See also additional 1¢ entry at 9/9/11 See also additional 1¢ entry at 11/7/11 See also additional 1¢ entry at 1/14/12 And additional $21.24 at entry 2/24/12 15 Mo. CD#6247704688 (Joint) 0.00 See Interest Adj. at 7/1/11 Income Entry $93.41 ($21.80) See also additional $96.52 entry at 7/8/11 15 Mo. CD#6250436104 (Joint) 10.93 See Interest Adj. at 7/1/11 Income Entry $24.19 ($4.27) 1-Jul Citizens Bank Interest Check dated May 30 2011 - $93.41 15 Mo. CD#6247704688 (Joint) Accrued Interest to DOD $71.61 - Remaining Interest: 21.80 1-Jul Citizens Bank Interest Check dated June 1,2011 - $14.72 12 Mo. CD#6250435868 (Joint) Accrued Interest to DOD $10.45 - Remaining Interest: 4.27 1-Jul Social Security Check for May,2011 1,057.90 Reversed July 15,2011 - See entry this Income Section 1st &final Stout,Evelyn E.3.20.13.xls Page 4 1-Jul Citizens Bank Interest Check dated June 16,2011 - $24.19 15 Mo. CD #6250436104(Joint) Accrued Interest to DOD $5.46 - Remaining Interest: 18.73 8-Jul Citizens Bank Interest Check dated June 30,2011 96.52 15 Mo.CD#6247704688 (Joint) 8-Jul Citizens Bank Interest Check dated July 1,2011 14.24 12 Mo.CD#6250435868 (Joint) 8-Jul Citizens Bank Interest Check dated July 8,2011 - $27.09 12 Mo.CD#6247706052 (Joint) Accrued Interest to DOD $3.50 - Remaining Interest: 23.59 15-Jul Reversal of Social Security Deposit for May,2011 (1,057.90) 29-Jul Gain (Loss) on Liquidation of MorganStanley SmithBarney Personal Brokerage Account No.410-055417-003 Cash Account 498.78 398.000 share Morgan Stanley (1,293.50) 1,038.177 Am. Bond Fund of America A 31.14 2,142.545 Am. Income Fund of America A (878.45) 2,105.570 ING International Value A (821.17) 2,280.329 Invesco VK Equity & Income A (456.09) 132.710 MSIF Opportunity PTF H 61.05 Additional income included in $109,697.65 Check 439.35 29-Jul M&T Bank MMKT Estate Account 15004221763342 - Interest 69.09 29-Jul M&T Bank Estate Checking Account 9854072890 - Interest 0.67 5-Aug MorganStanley - Residual Interest 9.87 5-Aug MorganStanley - Residual Interest 23.78 22-Aug Interest from DOD to Date Cashed (Deposit $15,957.24) 117.48 80 Series EE US Savings Bonds 30-Aug M&T Bank MMKT Estate Account 15004221763342 - Interest 48.20 30-Aug M&T Bank Estate Checking Account 9854072890 - Interest 0.49 9-Sep Citizen's Bank -Additional Interest Account No.: 62504355868 0.01 20-Sep M&T Bank MMKT Estate Account 15004221763342 - Interest 31.63 27-Sep M&T Bank MMKT Estate Account 15004221763342 - Interest 9.43 30-Sep M&T Bank MMKT Estate Account 15004221763342 - Interest 3.45 1st &final Stout, Evelyn E.3.20.13xls Page 30-Sep M&T Bank Estate Checking Account 9854072890 - Interest 0.36 14-Oct M&T Bank MMKT Estate Account 15004221763342 - Interest 942.97 28-Oct M&T Bank MMKT Estate Account 15004221763342 - Interest 147.71 28-Oct M&T Bank Estate Checking Account 9854072890 - Interest 0.24 7-Nov Citizen's Bank -Additional Interest Account No.: 62504355868 0.01 30-Nov M&T Bank MMKT Estate Account 15004221763342 - Interest 23.41 30-Nov M&T Bank Estate Checking Account 9854072890 - Interest 0.25 30-Dec M&T Bank MMKT Estate Account 15004221763342 - Interest 70.72 30-Dec M&T Bank Estate Checking Account 9854072890 Interest 0.19 2012 14-Jan Citizen's Bank -Additional Interest Account No.: 62504355868 0.01 30-Jan M&T Bank MMKT Estate Account 15004221763342 - Interest 9.43 30-Jan M&T Bank Estate Checking Account 9854072890 - Interest 0.18 24-Feb Additional Interest- Citizen's Bank No.: 6250435868 21.24 29-Feb M&T Bank MMKT Estate Account 15004221763342 - Interest 7.08 29-Feb M&T Bank Estate Checking Account 9854072890 - Interest 0.17 30-Mar M&T Bank MMKT Estate Account 15004221763342 - Interest 7.07 30-Mar M&T Bank Estate Checking Account 9854072890 - Interest 0.15 30-Apr M&T Bank MMKT Estate Account 15004221763342 - Interest 7.31 30-Apr M&T Bank Estate Checking Account 9854072890 - Interest 0.08 30-May M&T Bank MMKT Estate Account 15004221763342 - Interest 7.08 30-May M&T Bank Estate Checking Account 9854072890 - Interest 3.82 29-Jun M&T Bank MMKT Estate Account 15004221763342 - Interest 7.08 29-Jun M&T Bank Estate Checking Account 9854072890 - Interest 5.26 1st &final Stout, Evelyn E.3.20.13xls Page 6 30-Jul M&T Bank MMKT Estate Account 15004221763342 - Interest 7.31 30-Jul M&T Bank Estate Checking Account 9854072890 - Interest 5.45 30-Aug M&T Bank MMKT Estate Account 15004221763342 - Interest 3.31 Note: This is final MMKT Interest 30-Aug M&T Bank Estate Checking Account 9854072890 - Interest 4.56 28-Sep M&T Bank Estate Checking Account 9854072890 - Interest 0.15 10-Oct M&T Bank Estate Checking Account 9854072890 - Interest 0.06 Note: This is final Estate Checking Interest TOTAL INCOME RECEIVED (507.98) DISBURSEMENTS Accoutants claim credit for the following amounts paid: Date 2011 22-May Checks Cleared After Death Citizen's Checking#6107311944(Joint) Check No. 1389 Quantum Imaging 2.98 22-May Checks Cleared After Death Citizen's Money Market#61064391100 (Evelyn Alone) None 22-May Checks Cleared After Death M&T Bank Money Market#15004221311224 None 30-Jun PP&L 37.45 30-Jun UGI 12.14 30-Jun Rillo's Restaurant - Funeral Luncheon 142.21 30-Jun CenturyLink 25.20 30-Jun Church of God Home,Inc. 1,866.50 1st &final Stout, Evelyn E.3.20.13xls , lu Y Page 7 30-Jun Roy D. Gottshall,Auctioneer- Personal Property Valuation 75.00 14-Jul UGI 13.28 14-Jul Hoffman-Roth Funeral Home 2,640.00 14-Jul Executive Bond Services,LLC -Additional Premimum Fidelity Bond for Estate of Ralph Baird 471.00 (Evelyn E. Stout was Executrix of the Estate of Ralph Baird) 14-Jul Barbara D. Leitzel - Reimburse for check no. 3974 to Rev.J. McKenna for funeral services 150.00 14-Jul Barbara D.Leitzel - Reimburse for check no. 3973 to Osiris Holding of Pennsylvania,Inc. (Cumberland Valley Memorial Gardens) 1,230.00 14-Jul Eugenia G.Miller- Reimburse for advance to Stan's Beverages for Funeral Luncheon 60.00 14-Jul Eugenia G.Miller - Reimburse for advance to Lifeline Systems 81.74 14-Jul Frey &Tiley - Reimburse for advance for Probate fees 474.50 14-Jul Dillsburg Foot&Ankle Center 26.28 14-Jul Quantum Imaging and Therapeutic Associates 2.16 14-Jul Borough of Carlisle -Water& Sewer 72.90 14-Jul Register of Wills,Agent Inheritance Tax on Account 50,000.00 14-Jul Carlisle Borough Tax Account- School Real Estate Tax 613 North East Street,Carliile,PA 1,648.60 14-Jul Barbara S. Leitzel - Reimbursement- Funeral Flowers 374.18 14-Jul CenturyLink -Telephone 3.89 15-Jul Social Security Benefit Return Debit to M&T Bank Estate Checking Account See Debit in Income Section of Account N/A 20-Jul Register of Wills - Short Certificate 4.00 20-Jul Barbara S. Leitzel - Reimbursement Advances to Sollenbrergers for Replacement Auto Title 39.50 1st &final Stout, Evelyn E.3.20.13xls Page 8 29-Jul PP&L 15.13 5-Aug UGI 12.15 8-Aug Advertising - Cumberland Law Journal Reimburse Frey &Tiley 75.00 8-Aug Advertising -The Sentinel 189.54 4-Sep Barbara S. Leitzel - Reimbursement House inspection $275.00; House cleaning, and repairs $1,131.18; and Chrysler title $19.50 1,425.68 8-Sep PP&L- Reimburse Frey &Tiley 47.42 8-Sep Hazard Insurse on 613 North East Street,Carlisle,PA Reimburse Frey &Tiley 3,019.30 9-Sep UGI - Reimburse Frey &Tiley 13.33 19-Sep Borough of Carlisle 72.90 19-Sep Ohio casualty (Final Payment on Cancelled Policy) 179.00 27-Sep PP&L 24.54 20-Oct Refund - CenturyLink (21.31) 20-Oct Refund - CenturyLink (3.89) 20-Oct UGI 13.50 20-Oct Barbara S.Leitzel - Reimburse for Repairs to House Mountain View Electric 650.00 7-Nov PP&L 11.88 7-Nov UGI 12.15 30-Nov Randy Pajovich (Yard and attic work at 613 N.East Street.) 300.00 30-Nov UGI 13.34 30-Nov PP&L 13.06 30-Nov Suburban Propane 0 2113 363.21 1-Dec Suburban Propane - Service Contract 269.95 I st &final Stout, Evelyn E. 3.20.13.xls ,� Qn 4� �3 Page 9 2012 19-Jan Refund - Quantum Imaging and Therapeutic Associates (5.14) 19-Jan UGI (Check written for$13.07. Cleared for$13.00) 13.00 19-Jan Borough of Carlisle - Water& Sewer 72.90 19-Jan PP&L 14.99 19-Jan PP&L 18.23 3-Feb Suburban Propane - 2113 493.71 3-Feb UGI 13.78 24-Feb PP&L 18.39 24-Feb Raymond Christopher- Services to 613 North East Street 130.00 27-Mar Borough of Carlisle - Water& Sewer 72.90 27-Mar UGI 12.82 27-Mar PP&L 17.43 5-Apr George T. Hicks,Jr.,Tax Collector 2012 County & Borough - 613 North East Street 738.65 5-Apr UGI 25.32 4-May Expenses of Sale: 613 North East Street: Realtor's Commission to Hooke,Hooke & Eckman 6,567.55 1%Transfer Tax 1,380.00 Final Water& Sewer to Carlisle Borough 55.89 Pro-ration of 2012 Cty. & Bor. Real Estate Taxes (486.38) Pro-ration of 2012/13 School Real Estate Taxes (256.75) Seller Credit to Purchaser Expenses 6,648.99 4-May Raymond Christopher- Mowing at 613 North East Street 100.00 4-May PP&L 10.78 4-May Eugenia Gale Miller- Reimbursement Dirty Dog - 613 North East Street,Carlisle,PA 120.00 4-May Barbara Dale Leitzel - Reimbursement - Misc. Mowing 400.00 1st &final Stout, Evelyn E.3.20.13xls 6E Page 10 18-May UGI 3.78 18-May PP&L 16.95 11-Jun Refund - PP&L (10.78) 11-Jun Refund - Keystone Podiatric Medical Associates (26.28) 11-Jun Refund - Fickel Insurance Agency,- House Insurance (909.54) 30-Jul Barbara S.Leitzel - Reimbursement- Clean out House New Family Enterprises,LTD re 613 N. East Street 90.10 1-Aug Frey &Tiley -Attorney's Fees on Account (as of 5/20/12) 15,000.00 1-Aug Pennsylvania Department of Revenue PA-41 Fiduciary Income Tax due 68.00 1-Aug Register of Wills - Filing Fee for Inheritance Tax Return 15.00 13-Aug Suburban Propane - Payment Originally Refused - Deemed Due 396.21 Delivery 4/27/12 after cancellation - $379.14 15-Aug Additional Probate Fee Due Register of Wills 150.00 6-Dec Note: Suburban Propane Bill for Service Contract Refused Pmt. 0.00 2013 7-Jan Refund - Pennsylvania Department of Revenue (11,128.97) Overpaid Inheritance Tax plus Credit 20-Mar Frey &Tiley - Balance of Attorney's Fees Due 8,500.00 20-Mar Register of Wills Filing Fee for Family Settlement Agreement 20.00 TOTAL DISBURSEMENTS 94,510.92 1st &final Stout,Evelyn E.3.20.13.xls Page 11 RECAPITULATION Total Principal Received - Real Estate 138,000.00 Total Principal Received - Personal Property 912,299.14 Total Income Received (507.98) Total Receipts 1,049,791.16 Less Total Disbursements 94,510.92 Balance for Distribution 955,280.24 PROPOSED SCHEDULE OF DISTRIBUTION 1 Eugenia Gale Miller 544 North Hanover Street Carlisle,Pennsylvania 17013 1/3 Residuary Pursuant to Paragraph 3 of Will 318,426.75 1/3 Household Personal Property See Exhibit "B" to Inheritance Tax Return for List 582.00 1994 Chrysler New Yorker- In-Kind 2,000.00 7/14/11 Partial Distribution 150,000.00 9/20/11 Partial Distribution 100,000.00 8/13/12 Partial Distribution 60,000.00 Final Distribution 5,844.74 Total Distributions: 318,426.74 1st &final Stout, Evelyn E.3.20.13 xls �' `'�� V 4�_) Page 12 2 Per Will: Barbara Dale Leitzel a/k/a: Barbara S.Leitzel 2750 Sprig Hill Road Enola,Pennsylvania 17025 1/3 Residuary Pursuant to Paragraph 3 of Will 318,426.75 1/3 Household Personal Property See Exhibit "B" to Inheritance Tax Return for List 582.00 7/14/11 Partial Distribution 150,000.00 9/20/11 Partial Distribution 100,000.00 8/13/12 Partial Distribution 60,000.00 Final Distribution 7,844.75 Total Distributions: 318,426.75 3 Per Will: Susan Maureen Alley Now: Susan Mac a' Bhaird 8 Walden Court Hazelton,Pennsylvania 18202 1/3 Residuary Pursuant to Paragraph 3 of Will 318,426.75 1/3 Household Personal Property See Exhibit "B" to Inheritance Tax Return for List 582.00 7/14/11 Partial Distribution 150,000.00 9/20/11 Partial Distribution 100,000.00 8/13/12 Partial Distribution 60,000.00 Final Distribution 7,844.75 Total Distributions: 318,426.75 1st &final Stout,Evelyn E.3.20.13xls 4 2 Page 13 4;: COMMONWEALTH OF PENNSYLVANIA SS.. COUNTY OF CUMBERALND Before me,the undersigned officer,personally appeared Eugenia Gale Miller and Barbara Dale Leitzel,Co-Executrixes of the Last Will and Testament of Evelyn E. Stout,Deceased, who,being duly sworn according to law,desposes and says that the foregoing First and Final Account and Proposed Schedule are true and correct to the best of their knowledge,information and belief. fi + Eugenia Gale Miller f Barbar ale Le � Sworn to and subscribed before me 4W thi 'Oday of garx ,c` 0/,.3 cSh� L4—A IMA A, ► M +ieMy 0 aK 1st &final Stout, Evelyn E.3.2013 xls M .Aa r Page 14