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Home My WebLink About06-26-13 Pa. O.C. Rule 6.12 STATUS REPORT REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYLVANIA Name of Decedent: Margaret G. Munz Date of Death: 0 910 412 01 2 File Number: 21-12-1040 Pursuant to Pa. O.C. Rule 6.12, 1 report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: ® Yes ❑ No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: 3. If the answer to No. 1 is YES, state the following: a. Did the personal representative file a final account with the Court? ❑ Yes ® No b. The separate Orphans' Court No. (if any) for the personal representative's account is: c. Did the personal representative state an account informally to the parties in interest? ® Yes ❑ No d. Copies of receipts, releases,joinders and approvals of formal or informal accounts may be filed with the Clerk of Orphans' Court and may be attached to this report. See attached Estate Settlement Agreement, dated June 14, 2013. Date . 06/19/2013 Signature of Person Filing this Form O O *CiD Pets res tat, '� Counsel sq ire #06859 Y Filing this Farm _ Q c� co w a w 315 North Front Street LtJ CV uj r Q: (n = U P_ Cn Address C_> toaa —' o Harrisburg, PA 17101 � Cr o O City,State,Zip 717-236-9377 Telephone Form RW-10 Rev.f0-13-2006 Copyright(c)2006 form software only The Lackner Group,Inc. Leonard Tinmer,Esquire Supreme Court I.D.#06859 BOSWELL,TINTNER&PICCOLA 315 North Front Street Harrisburg,Pennsylvania 17101 Phone(717-236-9377) Fax(717-236-9316) E-mail(Itintner&btpalaw.tom) RE: : IN THE COURT OF COMMON PLEAS ESTATE OF : CUMBERLAND COUNTY, PENNSYLVANIA MARGARET G. MUNZ, DECEASED : ORPHANS' COURT DIVISION NO. 2012-01040 ESTATE SETTLEMENT AGREEMENT ESTATE OF MARGARET G. MUNZ AGREEMENT executed this lay of June, 2013, between Margaret Munz, daughter of Decedent and sole Beneficiary; and Margaret Munz, Executrix of the Estate of Margaret G. Munz, WITNESSETH: WHEREAS, Margaret G. Munz died on September 4, 2012, having first made and published her Last Will and Testament, wherein she named her daughter, Margaret Munz, Executrix. Letters Testamentary were issued by the Cumberland County Register of Wills on September 24, 2012; and WHEREAS, the Executrix, represented by Leonard Tintner, Esquire, and Boswell, Tintner& Piccola, has proceeded with the administration of said Estate, and has paid all proper bills and debts for the Estate and has prepared an Inventory and a Pennsylvania Inheritance Tax Return, which documents have been filed with the Register of Wills of Cumberland County on March 18, 2013; and WHEREAS, the Executrix and the heir has examined the income and expense statements for the estate pertinent to the estate assets, income earned and expense paid during the course of the administration; and WHEREAS, the Executrix, Margaret Munz, with the assistance of her attorney, has prepared an Informal First and Final Account, which is attached hereto, and that the net cash estate of the decedent shall be distributed pursuant to the Last Will and Testament, wherein the sole Beneficiary shall receive the entire share of the Estate as follows: 1. Said real estate - 921 Williams Grove Road, Upper Allen Township Mechanicsburg, Cumberland County, Pennsylvania, 17055 - in accordance with Item IV of said Last Will and Testament of decedent, was devised and bequeath to Margaret Munz, her daughter. 2. All the rest, residue and remainder of said Estate, after payment of all debts, administrative costs and taxes, was bequeath to Margaret Munz, daughter of decedent. NOW THEREFORE, the parties hereto intending to be legally bound hereby, mutually agree, as follows: 1. Pennsylvania Inheritance Tax. The parties hereto agree and acknowledge that they have fully and carefully examined the Pennsylvania Inheritance Tax Return form relating thereto, and finds them to be true and correct, and acceptable to the parties hereto, and further acknowledge that they have received a copy of these documents. 2 2. Release and Discharge The party hereto does hereby release, remise and forever discharge the Estate of Margaret G. Munz, the Executrix, and the attorney for the Estate, of and from all mariner of acts, suits, claims, accounts, accountings, debts, dues and demands whatsoever which they or their legal representatives or assigns may at any time hereafter have, against the Executrix, the said Estate or the assets thereof, from, for, touching or concerning any of the assets and property of the said Estate and/or any claim or interest thereto or therein, and the administration, management, collection, sale or distribution of any of the said assets and for or on account of any money, interest, income, assets or proceeds out of the same, from the time of the death of the said decedent to and including the date of this Agreement and release. 3. Distribution. The beneficiary under the Last Will & Testament agrees to the distribution made, as follows: (a) Taxes. Pennsylvania Inheritance Taxes were paid on March 15, 2013. The Pennsylvania Inheritance Tax Return was filed on March 15, 2013. (b) Creditors' claims. All claims of the creditors, as known to the Executrix have been paid. (c) Distribution to beneficiary of miscellaneous personalty has been made in accordance with the Will. (d) Residuary distribution. Distribution to the residuary beneficiary will be made of the balance of the estate, after payment of all remaining fees and debts in accordance with the Last Will and Testament of Decedent. 3 4. Final Agreement. This instrument is a full and final Family Settlement Agreement by and between the parties hereto, both fiduciary and individual, all of the same having been arrived at, concluded, and executed after a full and complete disclosure of the estate assets, the obligations, and the rights of the parties and of all the parties to, and each of them, agree to abide by these terms. 5. Requirement to execute documents. All of the parties agree that they will at all times in the future and whenever necessary, appropriate or convenient, make, execute and deliver to the said Executrix and to the other parties or persons, any and all instruments, documents, conveyances, deeds, releases or other instruments of any kind necessary or convenient to carry out the intention of this Agreement and/or to permit, assist and enable the Executrix to fulfill her duties with reference to the said estate and all of the assets and obligations. 6. Entire agreement. This Agreement constitutes the entire understanding i between the parties to, and each of them acknowledges that no representations or statements of any kind, written or oral, have been made to them or any of them previously by the Executrix or by any other person or party upon her behalf. 7. Heirs. This Agreement shall enure to the benefit of and shall be binding upon, these parties to, and each of them, their heirs, executors, administrators, successors and assigns. & Counterparts. This Agreement may be signed in counterparts, which means each party may execute a separate copy. 4 IN WITNESS WHEREOF, these parties to have hereunto set their respective hands and seals the day and year first above written. In the presence of: MaKgaret Munz, Executrix arg ret Munz, Daught r and d o Beneficiary 5 INFORMAL ACCOUNT OF ESTATE OF MARGARET G. MUNZ I. ASSETS: Fulton Bank - Checking Account $ 21,300.53 M&T - Checking Account 15,157.60 Sovereign Bank - Checking Account 10,304.33 6594.117 Shares of INVESCO VK Equity, Inc. 59,544.88 Miscellaneous Personalty/Household Goods 1,500:00 Miscellaneous Certificates of Deposit/Cash Accounts 285,683.94 Realty - 921 Williams Grove Road, Mechanicsburg, PA, 17055 189.600.00 Gross Assets $ 583,091.28 II. DISBURSEMENTS: Malpezzi Funeral Home $ 32,678.27 Margaret Munz - Reimbursement & Advanced Expenses 531.50 Margaret Munz - Reimbursement for Funeral Luncheon & Cemetery Lot 2,015.58 The Sentinel - Advertisement of Letters 263.88 Cumberland Law Journal - Advertisement of Letters 75.00 Recorder of Deeds - Cumberland County - Recording Deed 63.00 Margaret Munz, Family Exemption 3,500.00 Dennis Zerbe, Tax Collector - County/Township Real Estate Tax i 719.82 Boswell, Tintner & Piccola - Advanced Disbursements 78.55 Register of Wills - Cumberland County - PA Inheritance Taxes 23,720.56 Boswell, Tintner & Piccola - Attorney Fees ($7,500 Paid Balance Upon Filing Family Agreement) 8.000.00 Total Disbursements $ 79,146.16 III. RECAPITULATION: Gross Assets: $ 583,091.28 Less Disbursements 79.146.16 To Be Distributed: $ 503.945.12 IV. DISTRIBUTIONS: Margaret Munz - Real Estate - 921 Williams Grove Road, Mechanicsburg, PA, 17055 $ 189,600.00 Net Residual Estate (Personalty, Cash, CD's, Stock) 314.345.12 TOTAL DISTRIBUTED: $ 503.945.12