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HomeMy WebLinkAbout07-19-13 IN THE CC}URT t�F CUMMON PLEAS C!F CUMBERLAND CUUNTY,PENNSYLVAl�TIA IN RE: , {JRPHANS' CC7UR.T DIVISICIN EDITH S. RIFE TRUST : : N0. 21-11-0325 ,� �, : NC.�, 21-1 Q-1406 E=' �'� t--� ,�.� : NC}. 21-83-0'773 °�� ..: c�.., Y--.. �= . �.:� _ � ��- . • �` ���� � ' JUDGE ALBERT H. MASLAND �.'., '-�M t„� '"�� � ��� • t� � k.�,� °�{ --�. S a R^,� .�,,..,,+r ""� .�".. a�:.,d 6..:';W'� � (i j •r.s . �� '`" `"' i�" - ���CTICINS OF STEVEN��AXWELL SHERRI MAXVYELL �. ,�. -..., � =� � �' :�' U�LAS MAXWELL AND BARRY MA�WELL TO TI-�E � � �r �' � � .� ACCOUNT OF FRED H.JUNI�INS � �:� �, : Al`�TD N(JW COME, Steven A, Maxwell, Sherri M�well, Dauglas Maxwell, and Barry Ma�well, 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 follaws: I. �harles 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 dacuments �ravided in the Account of Fred H. 3unkins daes not parlay into a praper Account and continues ta faii ta comply vvith the requirements of 24 Pa. C.S. §3324 fiarther substantiating the breach af fiduciary duty awed by the deceased Trustee, to the beneficiaries of the Trust. 3. Charles 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 haldings of the Trust resulting in the Trust losing significant value. 5. Charles J. Rife further breached his fiduciary duties as Trustee by faiiing to maintain sufficient recards of the Trust which naw disallows Fred H. Junkins to submit a proper accaunting of the Trust administratian. WHEREFC?RE, C}bjectants herein, respectfully request the Court to adjudicate that Charles J. Rife breached his fiduciary duties as Trustee of the Edith S. Rife Revacable Trust, and to surcharge the Estate af Charles J. Rife in compensation to Qbjectants for their damages. Respectfully subrnitted, LA�OFFICES OF CRAIC A. DIEHL L?ate: By: ' , �raig A. ieh1, Esqu�re Attorney I.D. No. 528a1 3464 Trindle Road Camp Hi11,PA 17011 Te1: (717}7b3-7613 Faa�: (717)763-$293 Attorney for Steven A. MaXwe11, Sherri Maxwell, Douglas Maxwell and Barry M�wel1 CERTIFI+CATE C1F SERVICE AND NC}�V, the 19� day of July, 2013, the undersigned hexeby certifes that a true and correct copy of the faregoing Objections of Steven Maxwell, Sherri Maxwell, Dauglas Maxwell, and Ba�rry Ma�well to the Account of Fred H. Junkins was served upon the oppasing parties by way of LTnited States first class mail,postage prepaid,addressed as fallaws: Murreli R. Walters, III, Esquire 54 East Main Street 1�Iechanicsburg,PA 17055 Attorney for Fred H. Junkins Wayne F. Shade,Esquire 53 W. Pomfret Street Carlisle, PA 17t}13 Co-eounsel fo��'t�ed H. .Iunkins : James D. Cameron,Esquire 1325 North Front Street Harrisburg, PA 17102 ..��1lttorney for r.Tohn T� Ma�c►velZ David A. �'itzsimmons, Esquire Martson Law Office 10 East High Street Carlisle,PA 17013 Co-caunsel fcar�7ohn W. Maxwelr Michael T. Foerster, Esquire Charitable Trusts& Organizations Section 14�'Flaor Strawberry Square Harrisburg,PA 1'7120 Attot�ney�eneral �--t�. Debra A. Fike, Legal Secretary