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HomeMy WebLinkAbout07-19-13 IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY,PENNSYLVANIA IN RE: . ORPHANS' COURT DIVISION EDITH S. RIFE TRUST : : N0. 21-11-0325 ,� �, : NO. 21-10-1006 �=' `� ti .� : NO. 21-83-0773 e��; . :; R., a--.. �- . ti� � {A,.�.. , • �' e,� � ' JUDGE ALBERT H. MASLAND r�.ry F.r�.... � r'�� � .�;; . c"� ,� ,,,� �.� \,1 °'^�; 1 t_�y � ...._.. �� ..� � ..,�. R� ��-4- '`�' '��(' -�BJ�CTIONS OF STEVEN MAXWELL SHERRI MAXWELL . /�i� -"�� ' ^`+.,P - 1" ``Y' '' UGLAS MAXWELL AND BARRY MAXWELL TO THE �' �� =_.� F^ ���..r �' �' ��= -°- ACCOUNT OF FRED H.JUNKINS �= � "�' `� � "' U AND NOW COME, Steven A. Maxwell, Sherri Maxwell, Douglas Maxwell, and Barry Maxwell, remainder beneficiaries of the Edith S. Rife Revocable Trust, by and through their attorney, Craig A. Diehl, Esquire, CPA, and respectfully objects to the Account of Fred H. Junkins, as follows: 1. Charles J. Rife, deceased, and Trustee of the Edith S. Rife Revocable Trust, breached his fiduciary duties to account to the remainder beneficiaries of the Edith S. Rife Trust by failing to maintain adequate records of his administration to allow his Executor, Fred H. Junkins, to prepare and submit a First and Final Account as provided by Pennsylvania statute, 20 Pa. C.S. §3324. � 2. The documents provided in the Account of Fred H. Junkins does not parlay into a proper Account and continues to fail to comply with the requirements of 20 Pa. C.S. §3324 further substantiating the breach of fiduciary duty owed by the deceased Trustee, to the beneficiaries of the Trust. 3. Chaxles J. Rife further breached his fiduciary duties as Trustee when he failed to terminate his Trusteeship and transfer the Trust assets to Dauphin Deposit Bank and Trust Company as required by the Trust Agreement. 4. Charles J. Rife further breached his fiduciary duties as Trustee by failing to diversify the stock holdings of the Trust resulting in the Trust losing significant value. 5. Charles J. Rife further breached his fiduciary duties as Trustee by failing to maintain sufficient records of the Trust which now disallows Fred H. Junkins to submit a proper accounting of the Trust administration. WHEREFORE, Objectants herein, respectfully request the Court to adjudicate that Charles J. Rife breached his fiduciary duties as Trustee of the Edith S. Rife Revocable Trust, and to surcharge the Estate of Chaxles J. Rife in compensation to Objectants for their damages. Respectfully submitted, LAW OFFICES OF CR.AIG A. DIEHL Date: By: ' Craig A. iehl, Esquire Attorney I.D. No. 52801 3464 Trindle Road Camp Hill, PA 17011 Tel: (717)763-7613 Fax: (717)763-8293 Attorney for Steven A. Maxwell, Sherri Maxwell, Douglas Maxwell and Barry M�well CERTIFICATE OF SERVICE AND NOW, the 19th day of July, 2013, the undersigned hereby certifies that a true and correct copy of the foregoing Objections of Steven Maxwell, Sherri Maxwell, Douglas Maxwell, and Barry Maxwell to the Account of Fred H. Junkins was served upon the opposing parties by way of United States first class mail,postage prepaid, addressed as follows: Murrell R. Walters, III, Esquire 54 East Main Street Mechanicsburg, PA 17055 Attorney for Fred H. Junkins Wayne F. Shade, Esquire 53 W. Pomfret Street Carlisle, PA 17013 Co-counsel for Fred H. Junkins James D. Cameron, Esquire 1325 North Front Street Harrisburg, PA 17102 Attorney for John W. Maxwell David A. �'itzsimmons, Esquire Martson Law Office 10 East High Street Carlisle, PA 17013 Co-counsel for John W. Maxwell Michael T. Foerster, Esquire Charitable Trusts& Organizations Section 14�'Floor Strawberry Square Harrisburg, PA 17120 Attorney General �• Debra A. Fike, Legal Secretary