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HomeMy WebLinkAbout02-0356IN RE: JESSE L. STONE and AMBER N. STONE, Minor Children : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA L . ORDER OF COURT AND NOW, this day of , 2002, upon consideration of the Petition of Terri A. Shirk, natural mother of Jesse L. Stone and Amber N. Stone, minor children, and no hearing being required for Court action pursuant to 20 Pa.C.S. 5101, it is hereby ordered and decreed as follows: A. Pursuant to 20 Pa.C.S.5101, the Pre-Retirement Death Benefit distributions from I.B.E.W. Local No. 143 for the benefit of Jesse L. Stone and Amber N. Stone, minor children of Fred Lee Stone, Jr., deceased, shall be made to Terri A. Shirk, as custodian, without the appointment of guardians of the Estates of Jesse L. Stone and Amber N. Stone. B. Terri A. Shirk have all rights and responsibilities of a custodian under the Pennsylvania Uniform Transfers to Minors' Act, 20 Pa.C.S. 5301 et seq. and shall not be required to post a bond or otherwise enter security for the proper performance of her duties. C. The initial Pre-Retirement Death Benefit payments for the benefit of Jesse L. Stone and Amber N. Stone, covering the period from November 1, 2001 through the date of this Order, shall be distributed directly to Terri A. Shirk, as custodian. She shall have an obligation to pay equally from each child's : ORPHAN' COURT DIVISION share the reasonable attorney fees of Dale F. Shughart, Jr., Esquire and costs associated with this proceeding, and shall deposit the remaining balance of such initial payments in the children's PA UTMA saving accounts, Jesse's being Cornerstone FCU Account No. 911701 and Amber's being Cornerstone FCU Account No. 911801. D. Terri A. Shirk, as custodian, is authorized and directed to execute appropriate forms to enable the future monthly payments for the children to be deposited directly in their PA UTMA savings accounts. Terri A. Shirk, as custodian, is further authorized to move funds between the saving accounts and Certificate of Deposit accounts of the children to maximize the interest earned. By the ~ -2- IN RE: JESSE L. STONE and AMBER N. STONE, Minor Children : IN THE COURT OF COMMON PLEAS : CUMBERLAND COUNTY, PENNSYLVANIA : ORPHAN' COURT DIVISION : NO. 21-02- PETITION PURSUANT TO SECTION 5101 OF THE PROBATE, ESTATES & FIDUCIARIES CODE TO ALLOW DISTRIBUTION OF EMPLOYEE PRE-RETIREMENT DEATH BENEFITS TO NATURAL MOTHER AS CUSTODIAN FOR MINOR CHILDREN, WITHOUT THE APPOINTMENT OF A GUARDIAN TO THE HONORABLE, THE JUDGES OF SAID COURT: AND NOW, comes your Petitioner, Terri A. Shirk, on behalf of her son, Jesse L. Stone, and her daughter, Amber N. Stone, by the children's attorney, Dale F. Shughart, Jr., Esquire, and respectfully represents as follows: 1. Your Petitioner is Terri A. Shirk, an adult individual, who resides at 185 Peakview Road, York Springs, Adams County, Pennsylvania 17372. 2. Your Petitioner is the natural mother of Jesse L. Stone, a minor, born January 28, 1986, Social Security No. 179-66-9597 and Amber N. Stone, a minor, born February 16, 1987, Social Security No. 178-68-1163. 3. Jesse L. Stone and Amber N. Stone reside with their natural mother at 185 Peakview Road, York Springs, PA 17372. 4. The natural father of Jesse L. Stone and Amber N. Stone was Fred Lee Stone, Jr., Social Security No. 168-48-3064, who died on October 14, 2001, a resident of Cumberland County, Pennsylvania, with a mailing address of 329 North East Street, Carlisle, PA 17013. 5. Letters of Administration in the Estate of Fred L. Stone, Jr., have been issued to his mother, Anna Stone, to Estate No. 21-02-0247. 6. Fred L. Stone, Jr. was a member of International Brotherhood of Electric Workers Local No. 143 (IBEW Local 143). By virtue of his death his children are entitled to Pre-Retirement Death Benefits through IBEW Local 143 Pension Fund, as confirmed by letter from IBEW Local 143 attached hereto, made a part hereof, and marked Exhibit "A". 7. The payment schedule for Jesse L. Stone is the sum of $234.28 per month, effective November 1, 2001, and terminating on his 18th birthday. A total of 27 payments will be made for the benefit of Jesse L. Stone, such payments totaling $6,325.56. 8. The payment schedule for Amber N. Stone is the sum of $234.28 per month, effective November 1, 2001, through her brother Jesse's 18th birthday. A total of 27 such payments will be made for the benefit of Amber N. Stone, such payments totaling $6,325.56. Thereafter, further payments are to be made for the benefit of Amber N. Stone, commencing February 1, 2004 in the sum of $468.56 per month and terminating on her 18th birthday. A total of 13 such payments of $468.56 each will be made for the benefit of Amber N. Stone, a total of $6,091.28. The total payments for the benefit of Amber N. Stone, therefore, will be the sum of $12,416.84. 9. Copies of confirmation of the Pre-Retirement Death Benefits for the benefit of Jesse L. Stone and Amber N. Stone are attached hereto, made a part hereof, and marked Exhibits "B" and II C II 10. The Court of Common Pleas of Cumberland County, Orphans' Court Division has jurisdiction of this matter by virtue of having jurisdiction of the Decedent's Estate. 11. The total amount of the benefits payable for each minor child is less than $25,000, and therefore the Court may award distribution to a parent without appointment of a guardian or the entry of security pursuant to 20 Pa. C.S.5101. 12. No hearing is required prior to entry of an Order pursuant to 20 Pa.C.S. 5101. 13. In addition to the Pre-Retirement Death Benefits as set forth in this Petition, Terri A. Shirk has received an additional death benefit of $6,250 from IBEW Local 143 which was payable to Terri A. Shirk as custodian for her children. A copy of the transmittal letter is attached hereto, made a part hereof, and marked Exhibit "D" 14. Terri A. Shirk has established a Certificate of Deposit for Jesse at Cornerstone Federal Credit Union in the amount of $3,100, Certificate of Deposit No. 911710, established under the Pennsylvania Uniform Transfers to Minors' Act (PA UTMA), 20 Pa.C.S. 5301 et seq. In addition, she has established a PA UTMA savings account at Cornerstone, No. 911701, in the amount of $25. 15. Terri A. Shirk has established a Certificate of Deposit for Amber at Cornerstone Federal Credit Union in the amount of -3- $3,100, Certificate of Deposit No. 911810, established under the Pennsylvania Uniform Transfers to Minors' Act (PA UTMA), 20 Pa.C.S. 5301 et seq. In addition, she has established a PA UTMA savings account at Cornerstone, No. 911801, in the amount of $25. 16. If Your Honorable Court authorizes distribution of the payments without appointment of a guardian, payments may be made by direct deposit into the PA UTMA saving accounts of the children, Terri A. Shirk, the natural mother, being subject to the duties of a custodian under the PA UTMA, as aforesaid. 17. It is believed that the most efficient way to expedite the receipt and proper investment of sums payable for the benefit of the minor children will be for the Court to dispense with the appointment of a Guardian for the children pursuant to 20 Pa.C.S. 5101 and to authorize distribution to Terri A. Shirk, as custodian for the minor children, with authorization and direction to invest the sums in Cornerstone FCU in the above referenced accounts pursuant to PA UTMA. WHEREFORE, Your Petitioner prays Your Honorable Court to order and direct as follows: A. Pursuant to 20 Pa.C.S.5101, the Pre-Retirement Death Benefit distributions from I.B.W.E. Local No. 143 for the benefit of Jesse L. Stone and Amber N. Stone, minor children of Fred Lee Stone, Jr., deceased, shall be made to Terri A. Shirk, as custodian, without the appointment of guardians of the Estates of Jesse L. Stone and Amber N. Stone. -4- B. Terri A. Shirk have all rights and responsibilities of a custodian under the Pennsylvania Uniform Transfers to Minors' Act, 20 Pa.C.S. 5301 et seq. and shall not be required to post a bond or otherwise enter security for the proper performance of her duties. C. The initial Pre-Retirement Death Benefit payments for the benefit of Jesse L. Stone and Amber N. Stone, covering the period from November 1, 2001 through the date of this Order, shall be distributed directly to Terri A. Shirk, as custodian. She shall have an obligation to pay equally from each child's share the reasonable attorney fees of Dale F. Shughart, Jr., Esquire and costs associated with this proceeding, and shall deposit the remaining balance of such initial payments in the children's PA UTMA saving accounts, Jesse's being Cornerstone FCU Account No. 911701 and Amber's being Cornerstone FCU Account No. 911801. D. Terri A. Shirk, as custodian, is authorized and directed to execute appropriate forms to enable the future monthly payments for the children to be deposited directly in their PA UTMA saving accounts. Terri A. Shirk, as custodian, is further authorized to move funds between saving accounts and Certificate -5- of Deposit accounts of the children to maximize the interest earned. Respectfully submitted, bale'P Shush Supreme Cou~J~ 35 East High S Carlisle, PA (717) 241-4311 '~73 ?eet, Suite 203 7013 VERIFICATION Terri A. Shirk hereby verifies that the facts set forth in the foregoing Petition to Allow Distribution are true and correct to the best of her knowledge, information and belief, and understands that false statements herein are made subject to the penalties of 18 Pa. C.S. ~4904 relating to unsworn falsifications. DATE: April 5, 2002 -6- I. B. E. W. LOCAL No. 143 BENEFIT FUNDS 2207 Forest Hills Drive, Suite 14 · P.O. Box 6480 · Harrisburg, PA 17112-0480 (717) 671-8551 · FAX (717) 671-8602 D.H. Ev^~s ASSOC~ATr. S, INC. Contract Administrator December 17, 2001 Terri A. Shirk 185 Peakview Road York Springs, PA 17372 RE: IBEW Local #143 Pension Fund Dear Ms. Shirk: We are the Contract Administrator for the [BEW Local No. 143 Pension Fund. Your former husband, Fred Stone, at the time of his death was a participant in,the IBEW Local No. 143 Pen- sion Fund. Under the terms of the Plan, if a Participant is not survived by an Eligible Spouse at the time of his death, there is a death benefit payable to the Participant's minor children. The Fund's records indicate that Mr. Stone was survived by two minor children--i.e., Jessie and Amber--and the Fund's records further indicate that you are their mother. Under the terms of the Plan, Jessie and Amber are each entitled to receive a monthly benefit until their 18th birthday. Each will receive one-half of the "total payable benefit" (i.e., $_234.28 to Jessie, and $234.28 to Amber) until Jessie reaches age 18. At Jessie's 18th birthday, the entire' amount will be payable to Amber until she reaches age 18. Under the law, in order for the Plan to commence payment of benefits to Jessie and Amber, we will have to receive a Court Order appointing you, or some other adult, as guardian of Jessie and Amber, or a Court Order pursuant to the Pennsylvania Consolidated Statutes Title 20: Decedents Estates and Fiduciaries, 20 Pa.C.S. §5101, indicating that the appointment of a guardian for Jessie and Amber is not required. Should you have any questions regarding this matter, please call me. Sincerely, Ji~M. Sheetz D.H. Evans Associates, Inc. Contract Administrator JMS DHE ltr to Terri Shirk I.B.E.W. Local No. ! 43 Pension Fund OPTION FOR]vi P.O. Box 6480, Harrisburg, PA 17112 717-671-8551 December 8, 2001 Mr. Jesse L Stone C/O Terri Shirk, Guardian 185 Peakview Road York Springs, PA 17372 179-66-9597 Date of Birth: Jan 28, 1986 Date of Benefits: November 1, 2001 Years of Service:8.50 Pre- Retirement Death Option Benefit I, Jesse L. Stone will receive a pre retirement death benefit, on behalf of Fred Stone, Jr, my father, in the amount of $234.28 per month, effective November 1, 2001. This monthly benefit is payable until I attain age my 18th birthday. (Jan 28, 2004.) r)atc (J Je~se-l.,. Stone Terri Shirk, Guardian Approved by: , Dated Dennis Yinger Approved by: ., Dated Homer Myers 143penoptionpreretdeath I.B.E.W. Local No. !';3 Pension Fund OPTION FOR]q P.O. Box 6480, Harrisburg, PA 17112 717-671-8551 December 8, 2001 Ms. Amber N Stone C/O Terri Shirk,' Guardian 185 Peakview Road York Springs, PA 17372 S.S. # 178-68-1163 Date of Birth: February 16, 1987 Date of Benefits: November 1, 2001 Years of Service:8.50 Pre- Retirement Death OPtion Benefit I, Amber N. Stone will receive a pre retirement death benefit, on behalf of Fred Stone, Jr., my father, in the mount of $234.28 per month, effective November 1, 2001. Payment schedule: Nov 1, 2001 -Dec 31, 2003, $234.28 per month January 1, 2004 - January 31, 2005 $ 468.56 per month These monthly benefits are payable until I attain age my 18th birthday. (Feb 16, 2005.) Amber N Stone Terri Shirk, Guardian Approved by: Approved by: Dennis Yinger Homer Myers 143penoptionpreretdeath , Dated ., Dated TI~LG'PHONB '717--252-7093 M~'~"T~ F'IRBT MONDAY AT 7:S0 P.M. FAX 71'7-232.7! 18 AT 1501 R£VBR~ INTERNATIONAL BROTHERHOOD Of ELECTRICAL WORKERS LOC:AL UNION NO. 14:3 1501 REVERE STREET HARRISBURG. PA I'7104-3498 March 11, 2002 Terry Shirk 185 Peak View Rd. York Springs, PA 17329 RE: Death claim for Fred L. Stone Claim #2163003 Dear Ms. Shirk: We are forwarding this date a check in the amount of $6,250.00 for the death benefit of Fred L. Stone payable to you as custodian of minor children Jessie and Amber Stone. This check is issued in full settlement of this claim. Sincerely, Dennis G. Yinger Business Manager