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HomeMy WebLinkAbout05-28-13 (3) t' m r7i l o M ca `n rrr M Y 00 ^� 2. ( FAMILY SETTLEMENT AND FINAL RELES-S ?Fc C) ? 4 E IN THE C'= C' ESTATE OF EVELYN G. WOLFS 'f•' 1^.' .aJ KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, EVELYN G. WOLFE, late of Hampden Township, Cumberland County, Pennsylvania, deceased, died on October 11, 2012, having first made her Last Will and Testament, which was duly executed on August 8, 2008, duly recorded in Cumberland County, Pennsylvania, Estate No. 21 12 01120. WHEREAS, the said EVELYN G. WOLFE, by the aforesaid Last Will and Testament, named Robert E. Wolfe, II as Executor of said Last Will and Testament; and WHEREAS, the said Executor has gathered the assets of the estate of the said decedent and the assets consist of real and personal property for a total value of$402,301.32 as set forth in Exhibit "A", which is attached hereto and made a part hereof; and WHEREAS, the said Executor has paid all debts and deductions of the estate, including the payment of inheritance tax to the Pennsylvania Department of Revenue, to a total amount of $64,044.66, also as set forth in the statement of the said Executor which is attached hereto and made a part hereof, and marked Exhibit "B"; and WHEREAS, after the gathering of assets and payment of all debts and deductions by the Executor there remains a balance for distribution in the Estate of EVELYN G. WOLFE, of $333,256.66 as set forth more particularly in Exhibit "C" of the statement of the said Executor, which is attached hereto and made a part hereof. NOW THEREFORE, KNOW YE, that we, Robert E. Wolfe, II and Margaret Van Dusen, being all of the residuary heirs under the Last Will and Testament of the said decedent and being the persons entitled to inherit under said Last Will and Testament, do hereby acknowledge that we have this day had and received from the aforesaid Executor, in full satisfaction and payment of all sum or sums of money, legacies, bequests, and devises as are given, devised and bequeathed to us by the said Last Will and Testament, which amount we have received this day, and which is the amount set opposite our names in the table and schedule of proposed distribution in said statement attached hereto and marked Exhibit "D"; AND, we do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we agree that no account is necessary and we hereby agree and consent to distribution being made without the filing of an account and schedule of distribution, the same to be with the same force and effect as if it had been filed and confirmed by the Orphans' Court Division of the Court of Common Pleas of Cumberland County. in d THEREFORE, we do hereby remise, release, quitclaim and forever discharge the said Executor, her heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, touching upon the estate of said decedent, and we do further hereby covenant and agree that we will contribute our share of the estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said estate or the aforesaid Executor after the signing, sealing and delivery of this family settlement agreement and final release. FURTHER, we, the beneficiaries, do hereby release, forever discharge and hold harmless Counsel, and his predecessors, successors, affiliates, assigns, either in the course of their employment or as individuals outside the course and scope of their employment or in any other capacity, as and from any and all actions, and causes of action, claims, demands, damages, attorneys' fees, costs, loss of services, expenses, compensation, suits, debts, documents, bonds, covenants, contracts, agreements and judgments of whatsoever kind, at law or in equity, on account of, or in any way growing out of Counsel's representation of the Executor and the Estate of the Decedent. Each Beneficiary further agrees and covenants that, neither they, nor any other person,, organization or other entity on their behalf will file, charge, claim, sue or cause to permit to be filed, charged or claimed any action for damages, injunctive, declaratory, monetary relief, equitable relief, or otherwise against Counsel, and its predecessors, successors, affiliates,parents, subsidiaries, assigns, agents, directors, officers, partners, attorneys, employees and insurers involving any matter arising from Counsel's representation of Executor and the Estate of the Decedent. (This space left intentionally blank.) 2 IN WITNESS WHEREOF, I have hereunto set my hand and seal this day of May, 2013. WITNESS: Robert E. Wolfe, II, Exec or/Beneficiary COMMONWEALTH OF PENNSYLVANIA . SS. COUNTY OF CUMBERLAND On this 13 'day of May, 2013, before me, the undersigned officer, personally appeared Robert E. Wolfe, II, individually, and known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. Notarp Public COMMONWEALTH OF PENNSYLVANIA NOTARIAL SEAL STEPHANIE M.RIDER Public Camp Hill Boro.,Cumbedand County My Commission Expires November 19,2013 3 IN WITNESS WHEREOF, I have hereunto set my hand and seal this J7 day of May, 2013. WI - ESS: MargAret Van Dusen, Beneficiary COUNTRY OF CANADA SS. BRIGHTS GROVE ON NON ICO On this day of May, 2013, before me, the undersigned officer, personally appeared Margaret Van Dusen, individually, and known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoi n trument, and acknowledged that she executed the same for the purposes therein containe . 4 i t t, 5 � w y\ FIRST AND FINAL ACCOUNT OF THE ESTATE OF EVELYN G. WOLFE LATE OF HAMPDEN TOWNSHIP, CUMBERLAND COUNTY,PENNSYLVANIA DEBITS Value Your Accountant charges himself with the following: Real Property 4402 Royal Oak Road, Camp Hill, PA 17011 $ 196,000.00 Personal Property Members 1 st FCU Savings Account - 107367-00 $ 185,524.58 Members I st FCU Checking Account- 107367-11 $ 2,407.40 2003 Dodge Caravan $ 5,000.00 Reimbursement of County & School real estate taxes at closing $ 869.66 Reimbursement of Sewer/Refuse charges at closing $ 27.56 Jewelry $ 661.00 Penn State Hershey Medical Center - Refund $ 1,221.76 United States Treasury- 2012 Income Tax Refund $ 1,062.00 PSERS - Death Benefit $ 715.85 State Farm Insurance - Refund $ 198.12 Verizon - Refund $ 5.97 Interest paid from Bank Accounts $ 159.99 Angels on Call - Refund $ 734.50 Miscellaneous Deposits $ 638.93 Personalty Retained by Margaret Van Dusen $ 1,315.00 Personal Property Sold at Auction $ 4,844.00 Miscellaneous Household Personalty $ 915.00 TOTAL PRINCIPAL DEBITS $ 402,301.32 EXHIBIT A CREDITS Your Accountant asks credit for payments made from Principal Account as follows: Description Amount Malpezzi Funeral Home - Funeral Bill $ 8,598.07 C & J Catering - Funeral Reception $ 842.70 Law Offices of Craig A. Diehl -Attorney Fees $ 10,000.00 Law Offices of Craig A. Diehl - Certified Mail Expense for DPW Letters $ 5.75 Cumberland County Register of Wills - Probate Fees $ 365.50 The Sentinel - Estate Advertisement $ 189.54 Cumberland Law Journal - Estate Advertisement $ 75.00 Office Max - Supplies for Estate/Copies $ 89.95 Deluxe Check - Estate Checks $ 13.95 Morrow Farrar Jewelers -Appraisal Fee for Jewelry $ 225.00 United States Postal Service - Fee for confirmation of mail forwarding $ 1.00 PA American Water- Water bills until sale of home $ 116.26 PPL Electric - Electric bills until sale of home $ 838.31 Dirty Dog Hauling - Junk removal $ 315.00 Merrill Brothers Wallcovering - Home renovations at 4402 Royal Oak Rd. $ 8,085.00 Pronto Plumbing - Plumbing repairs $ 384.22 Home Depot - House renovations $ 45.21 All Decked Out Services, Inc. - Renovations at 4402 Royal Oak Road $ 1,620.70 Margaret Van Dusen - Work in preparation for auction $ 3,000.00 The UPS Store - Postage stamps $ 51.51 Hampden Township - Refuse/Sewer charges until sale of home $ 155.05 Lowe's -New Toilet/renovations at 4402 Royal Oak Road $ 300.08 Mark S. Ulsh- Lawncare services $ 768.22 Penske - Moving furniture $ 92.72 Firestone - Maintenance of EGW Minivan $ 483.00 Howard Hanna/RSR Realtors - Realtor Commission $ 13,720.00 Howard Hanna- Broker Fee $ 225.00 Charter Settlement Company - Title Certificate $ 10.00 PA Dept. of Revenue - Realty Transfer Tax $ 1,960.00 Home Security of American, Inc. - Home Warranty $ 554.00 Michael Langan - 2013 County Taxes $ 470.09 Expenses paid at Closing for Radon System $ 825.00 Pennsylvania American Water- Final Water Bill $ 42.89 Alert Pharmacy - Pharmacy Bill $ 50.17 EXHIBIT B PPL Electric - Final Electric Bill $ 242.61 Mark S. Ulsh - Final Lawncare Bill $ 496.82 Pronto Plumbing - Plumbing Bill $ 311.76 Chuck Bricker, Auctioner - Auctioneer Fee/Costs $ 2,014.00 Pa. Dept. of Revenue - 2012 Income Tax Liability $ 46.00 Cumberland County Register of Wills - File Inheritance Tax Return $ 15.00 Cumberland County Register of Wills - File Family Settlement Agreement $ 20.00 Cumberland County Register of Wills - Inheritance Tax Liability $ 11,379.58 TOTAL PRINCIPAL CREDITS $ 69,044.66 EXHIBIT B RECAPITULATION Principal Debits $ 402,301.32 Principal Credits $ (69,044.66) BALANCE AVAILABLE FOR DISTRIBUTION FROM ESTATE OF EVELYN G. WOLFE $ 333,256.66 EXHIBIT C SCHEDULE OF PROPOSED DISTRIBUTION The Personal Representative proposes distribution of the Balance for Distribution to the following heirs as described: Robert E. Wolfe, II $ 166,628.33 1214 Highlander Way Automobile $ (5,000.00) Mechanicsburg, PA 17050 Misc. Property Received $ (915.00) Distribution Received $ (60,752.95) $ 99,960.38 Margaret Van Dusen $ 166,628.33 P.O. Box 155 Distribution Received $ (68,000.00) Brights Grove ON NON ICO Miscellaneous Property Received $ (1,315.00) Canada $ 97,313.33 EXHIBIT D BANK ACCOUNT RECONCILIATION Bank Balance $ 212,678.04 Items To Be Paid: Law Offices of Craig A. Diehl $ (5,000.00) Law Offices of Craig A. Diehl $ (5.75) Pa. Dept. of Revenue- 2012 Income Tax Liability $ (46.00) Cumberland County Register - File Inheritance Tax Return $ (15.00) Cumberland County Register- File Family Settlement Agreement $ (20.00) Cumberland County Register - Inheritance Tax Liability $ (11,379.58) Items to be Received: United States Treasury $ 1,062.00 $ 197,273.71