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Home My WebLink About06-04-13 _ . . . . , c � � m a m o � � � � o m = c� z cn s' � n � -.tv rn rn a = � -c � c� ZN �c o0 p C'7 q T.7 �'Y 'k'1 C7 O -.� 3 „r � Q C .� C7 . 70 � r-- m --i r � S N � 'J COURT OF COMMON PLEAS OF CUMBERLAND COLJNTY, PENNSYLVANIA ORPHANS' COURT DIVISION c � NO. 21-12-0802 ------------------------------------------------------------------------------ ESTATE OF ELIZABETH A. RANKIN, DECEASED Late of Cumberland County, PA -----------------°----------------------------------------------------------- FAMILY SETTLEMENT AGREEMENT AND RELEASE OF LARRY S. RANKIN,EXECUTOR Date of Death: July 8, 2012 Letters Granted: July 24, 2012 First Complete Advertisement of Grant of Letters: August 3, 2012 Account stated to Apri129,2013 John C Oszustowicz,Esq. 104 South Hanover 5treet Cazlisle,FA 17013 (717)243-7437 �� _ _ _ _. AGREEMENT TO INDENINIFY, RECEIPT, AND RELEASE THIS AGREEMENT,by and among Larry S. Rsnkin, Executor of the Estate of Elizabeth A. Rankin, Deceased and Larry S. Rankin, Wendy Lynn Plummer, I,eslie Sue Rankin and Kimberly Ann Rankin. WHEREAS, Elizabeth A. Rankin died July 2,2012,testate,a resident of Cumberland County,Pennsylvania; and WHEREAS, the Last Will and Testament of Elizabeth A. Rankin dated July 18, 1994, was duly pmbated in the Office of the Register of Wills of Cumberland County,Pennsylvania as appears of record at Number 21-12-0802(a copy of the Will is attached hereto and marked E�chibit A); and WHEREAS, Letters Testaznentary were issued to Larry S. Rankin on July 24, 2012; and WHEREAS, said Executor has duly administered the estate according to the laws of the Commonwealth of Pennsylvania; and WHEREAS, in ITEM TWO A: She gave, devised and bequeathed one-third of her estate to her step-son Larry S. Rankin. WHEREAS, in ITEM TWO B: She gave, devised and bequeathed all the remainder of her estate, divided equally between her step-granddaughters, Wendy Lynn Plummer, I.eslie Sue Rankin and Kimberly Ann Itankin. WHEREAS, Lazry S. Rankin, Wendy Lynn Plummer, Leslie Sue Rankin and Kimberly Ann Rankin,haue been furctished wtth a complete listing of the estate assets,receipts and disbursements; and WHEREAS,it is the desire of the parties to this Agreement that final distribution of this estate be accomplished without a forrnal accounting to the Orphans' Court Division of the Court of Common Pleas of Cumberland County, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting. NO W, THEREFORE, in consideration of the mutual promises, covenants and agreements recited herein,the parties do agree as follows: 1. I.arry S. Rankin, Wendy Lynn Plummer, Leslie Sue Rankin and Kimberly Ann Rankin., do hereby release and forever discharge Larry S. Rankin, Executor, from any and all liability _ , . , . , , which he had or may have or which may from time to time arise in connection with his service as Executor of the Estate of Elizabeth A. Rankin, Deceased, and hereby authorize and request the Orphans' Court Division to charge the same against their shares of said estate, and in consideration for said distribution, hereby agi�ee to refund any amounts so distributed which may be required to fully discharge any tax liability of the estate, debts of the decedent, or administration expenses. 2. Each party to this Agreement acknowledges that this Agreem4nt shail be indexed and recorded in the estate proceedings and that the terms hereof shali be binding upon their respective heirs, successors, executors, administrators and assigns. T'his Agreement sha11 be governed by the laws of the Commonwealth of Pennsylvania. DATED this ��rd day of � �V n�� , 2013. � e-- � "3-�M yS. � . Wrtness — �^� Larry S. 'n, Executor C �- ��J • Witness ��;�v'S• �in��.,.-- � Lany S. R�fikin, Beneficiary Q,c.� �tness Wend �� Y er, Beneficiary ��r— J q r( . /• ,. / ""�' �� l��c �G�G ��Zfl.l�l.Yl, Wrtness Leslie Sue Rankin, Beneficiary A .rt,�-, !J�- ,c_./Ce-.,�, itness Kimber nn Rankin, geneficiary _ _ _ . _ Fxl-,��- A �� ' � � C� C� 1�� Y �� i, BLIEAHETH A. RANXIN, of Cerliale, Cumberland County, Pennsylvnnia, declare thia to be my last will and revoke any will previouely made by me. ITEM ONE: I direct that all my debte and funaral expenees, including my gravemarker ehall be paid from my raeiduary eatate as soon as practicable after my decease ae a pert of the expenee of tha adminietration of my eetate. ITEM TWO: I give, deviae and bequeath my entire estate to my huaband, JOHN S. RANKIN, if he aurvives me by 60 daye. In the event that he predeceaees me or is not then licing on the 61st day after. my death, then I qive, deviae and bequeath my entire eatate as followa: A. I give� deviae and bequeath one-third (1/3� of my estate to my etap-son, LARRY S. RANRIN, per atirpea. B. I give� davise and bequeath the remainder of my estate to be divided equally betwean my atep-granddaughtere, WBNDY LYNN PLUMMER, LESLIE SUE RANRIN, and RIMBERLY ANN RANKIN, per atirpee. ITSM THREE: I appoint my atep-son, LARRY S. RANKIN� Executor of this mp last will. Should he fail to qualify or cease to act as 8xecutor, I appoint my etep-granddauqhter, WSNDY LYNN PLUMMER, to act as Executrix with the same righte, powera and duties. ITEM FOUR: All eatate, inheritance, euccession and other taxee, � imposed or peyable by reaaon of my death, and intereat and penaltiea thereon� with respect to all property compriaing my groes eetate for tax purpoaea, whethei or not such property paeeee under this will, shall ba paid out of the principal of my reeiduary eetate, without apportionment or right of ieisnbureemant. ITEM FIVE: I direct that my peraonal repreaentative o= guardian ehall not be required to give bond for the faithful performance of their dutiea in any juriadiction. ITEM SIX: In addition to the righte and powers given to the fiduciaries by law or elaewhere in this will, I give to my Executor during the full time neceasary and for the administration of my aetate the following righta and powera to be exercised in hia sole discretzon. . � A. To retain any real or peraonal property which may at any time form a part of my eatate so long as he or she deema it advieable. B. To inveet in any real or peraonal property without xeetrictione to legal inveatmente. C. To repair� alter, improve or lease for any period of time any real or personal property and to give optione for leaees. D. To eell at public or private sale, for cash or credit, with or without security, to exchange or to partition real or pereonal property, and to give optione for leasea. E. To make dietribution in kind. F. To compromise claima. 1`�' ' PAGE ONE OF THREE PAGES _ _ , � � IN WITN$SS 9iHSR80F, I have hereunto set my hand thie day of , 1994. SIGNED � ::z: r'�.�. . . ELZZ � ETA A. RANB N The preaeding inetrumant, conaiating of thie and two other typewritten peqes each identified by the aignature of the Teatatrix was on the day and dnte thereof aigned, published and declared hy the Teotatrix thereia named as and for her laet will, in the preaence of us, who at har requeat, in her preeence and in the pienence of each other have aubacr d our namea. % � . � � `"' �lC.�/e:��-.� COMMONWEALTA OF PENNSYLVANIA . . as COUNTY OF CUM88RLAND . We C 4 wi1''VA�.t.. �/Rf S!'Q�1 and f�w IJ C.U� C-o �Avv � ��IJC�� i witnasres�whoee namee are aigned to the nttached or foregoing inetrument bainq duly qualifiad according to law, do depose and eay that we wa=e preaent and eaw the Teatatrix sign and execute the instsument ae her laet will; that ahe signed willingly aad executed it ae her tree and voluntary act for the purpoeae therein expressad; that each of ue in the hearinq and eight of the Testntrix eiqned the will aa witneseea; and thet to the beat of our knowledge, the Testatrix was at the t' e 18 or more pears of aqe, of sound mind and under no conatra' r undue influettce. �//i� — ��-�i'�" �,.. ,/�2�`c;t,w Sworn and eubscribed to be£ore me this��day of ✓�^ l� , 1994. U � Notary Pub KA�1F.9TgIS NOiAAY PJE!: ��EC�FAUNOCOUMV � ��l1k�PIRFSMAftCH13,1^;i � � PAGE TWO OF TBREE PAGES • , • • COMMONWEALTH OF PSNNSYLVANIA : . as COUNTY OF CUMHBRI�AND i I, BLIEABETB A. RAfiKIN� whose nema ia signed to the ettached inatrument� having been duly qualified according to law� do hereby ackaowledqe that S eigned and executed the inetrusant as my laat wi11; that I signed it ae my free and voluntary act for the purpoeea therein expreased. , G ELI2 , ETH A. RANRI � Sv rn and affirmed�to and acknowledged hefore me this � day of q,(i ,, 1994. Notary P�ic /{ % ibTNWiLSFII .... ��6Y9{�th7��R1&��OUN i! EI�IFSAIARCN 18,1995 � PAGE THRBE OF THREE PAGES