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HomeMy WebLinkAbout06-07-13 R�CL�t�.r '�f? .�,; �; .r,� QF IN THF, ORPHANS' COURT DIVISION f�r=��` � �-���� 0� ':'�`iL�.S OF THE COURT OF COMMON PLEAS OF ; :3 �i��,�J 7 �I� 2 SG CUMBERLAND COUNTY, PENNSYLVANIA ESTATE OF LOIS S. ROBINSON, DECEASED �L[it�� 81 No. 2012-00691 Oi2Y'NANS' Ci;UFiT CUMBERLAf�D �G., P,1 WAIVER, RECEIPT, RELEASE,AND AGRF.EMENT OF INDEMNITY The circumstances leading up to the execution of this instrument aze as follows: 1. Lois S. Robinson died on June 18, 2012, leaving a Will dated Mazch 20, 1996, naming Alan B. Robinson as alternate Executor, the original named Executor having predeceased. 2. Letters Testamentary were granted to Alan B. Robinson by the Register of Wills of Cumberland County on June 20, 2012. 3. It is the desire of the sole heir 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 Executor is willing to make such distribution upon the execution of this inshument. 4. An informal accounting of the administration of the Estate of Lois S. Robinson has been prepazed and examined by the sole heir. 5. In consideration of the foregoing,the undersigned hereby: A. Represents and warrants that he has read and understands this instrument and that the facts set forth above aze true and correct to the best of his knowledge, information and belief; B. Declazes that he has examined the informal account of the administration of -t- � the �state, that he finds it to be true and conect in all particulars; that he accepts and approves it as if it had been duly filed, audited, 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 awazded 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; D. Requests the Executor to make distribution of the remaitung principal and income, and effective upon delivery to him of these amounts, acknowledges receipt; E. Agrees to refund to the Executor any amount which may at any time be determined to have been an erroneous distribution to him, regazdless of the cause of such erroneous distribution, even if attributable to negligence, and agrees that any period for the limitation of acYions for the collection of any erroneous distribution shall commence only at such time as the E'sxecutor shall have obtained actual knowledge of such enoneous distribution and that in no event shall the period for collection of any erroneous distribution be less than two yeazs after the actual discovery thereof; F. Absolutely and irrevocably remises, releases, quitclaims and forever dischazges Alan B. Robinson, individually and in his capacity as Executor, from any attd all actions, suits, payments, accounts, reckonings, liabilities, claims and demands relating in any way to the administration of the Lois S. Robinson Estate; G. Agrees to indemnify and hold harmless, to the extent of the funds received by him hereunder, Alan B. Robinson, individually and in his capacity as Executor, from and against atry and all claims, loss, liability or damage (including legal fees and costs an connection -2- therewith) which he may suffer or to which he may be subjected by reason of his administtation oF the Estate. the settlement of his Executor's account and the distribution of the assets of the Estate without having the formal approval of the Orphans' Court Division oFthe Court of Common Pleas of Cumberland Counry, including, but not limited to, aoy liability for any federal estate tax, Pennsylvania inheritance t� or any other death taxes, together with interest and costs incidental thereto, relating in any way to the Estate; and H. Declazes it to be his intention that this instrument, consisting of three pages, shall be govemed by the law of Pennsylvania and shall be Iegally binding as an agreement under seal upon him and upon his heirs, executors, administrators and assigns. Executed on: _._. . , ' I il wv�ti 3 , � �`: �� c:,. ��5 �J�, �.,,,... ._�-. (Seai) DATE ALAN B. ROBINSON -3-