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HomeMy WebLinkAbout09-03-13 M co mo Cn c) o x • 4 r'u- , m w o0 FAMILY SETTLEMENT AND FINAL RELEASE v`; x o IN THE c> C, "n ESTATE OF RICHARD J. WESTERMEIE °c " :..; n N r- M KNOW ALL MEN BY THESE PRESENTS, THAT WHEIftAS, RIWIA -10. WESTERMEIER, late of Hampden Township, Cumberland County, Pennsylvania, deceased, died on September 1, 2012, testate. WHEREAS, Letters Testamentary were granted to Heidi B. Muck, on September 14, 2012, with same having been filed in Cumberland County, Pennsylvania, to Estate No. 21-12- 1006; WHEREAS, the said personal representative has gathered the assets of the estate of the said decedent and the assets consist of real and personal property to a total value of$165,594.84, as set forth in Exhibit "A", which is a statement of account of the said personal representative, and which is attached hereto and made a part hereof, and marked Exhibit "A"; WHEREAS, the debts and deductions amount to $62,613.66, leaving a balance for distribution of$102,981.18, also as set forth in the statement of the said personal representative, which is attached hereto and made a part hereof, and marked Exhibit "B"; NOW THEREFORE, KNOW YE, that I, Heidi B. Muck, being the heir of the said decedent, and being the individual entitled to inherit under the Last Will and Testament, do hereby acknowledge that I have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sum or sums of money, legacies, bequests, and devises as are given, devised and bequeathed to me by the said Last Will and Testament, which amount we have received this day, and which is the amount set opposite my name in the table and schedule of distribution in said statement attached hereto and marked Exhibit "C'; AND,-I do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we agree that no account is necessary and I hereby agree and consent to distribution being made without the filing of an account and schedule of distribution,the same to be with the same force and effect as if it had been filed and confirmed by the Orphan's Court Division of the Court of Common Pleas of Cumberland County, THEREFORE, I do hereby remise, release, quitclaim and forever discharge the said personal representatives, their heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, touching upon the estate of said decedent, and we do further hereby covenant and agree that we will contribute my share of the estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said estate or the aforesaid personal representatives after the signing, sealing and delivery of this family settlement agreement and final release. IN WITNESS WHEREOF, I have hereunto set my hand and seal this day of August, 2013. WITNESS: DI B. MUC STATE OF NEW YORK Q ` SS COUNTY OF On this AL�� day of �t�q` — 2013, before me, the undersigned officer, personally appeared HEID . MUCK, known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. My Commission Expires: 3 Jl i ll7 OEYORl H&HEA N&% /No.:OtN@ IDW N ~y i„n F C„"1°yam` Notary Public (SEAL) My Commission E�pges 03 kX LAST AND FINAL ACCOUNT OF THE ESTATE OF RICHARD J. WESTERMEIER, LATE OF HAMPDEN TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA DATE OF DEATH: SEPTEMBER 1,2012 PRINCIPAL ACCOUNT DEBITS: Your Accountants charge themselves with the following: Real Property Residential Real Estate 31 Devonshire Square A Mechanicsburg, PA 17055 $ 16,387.43 Deed Book Reference 00251-02609 Sales price $240,000.00 after expenses per HUD-I (attached)proceeds were $5,587.43 plus $10,800.00 Held in escrow by title agent for PA Inheritance taxes. Personal Property Checking Account—Metro Bank A. Account No. 513225656 $ 33,355.86 Date of death value: $33,355.86 Savings Account—Metro Bank B. Account No. 7760451822 Date of death value $18,769.76 $ 18,769.76 2003 Harley Davidson Motorcycle VIN C. IHIGDV483K328485 $ 5,000.00 Sold to third party for$5,000.00 Private sale of pool table sold to third $ 2,360.00 D. p party for$1 500.00 and gun sale through dealer for$860.00 E. Household goods and furnishings sold at Auction $ 23,885.51 Refunds and Reimbursements - Comcast cable bill refund $83.16 G -Escrow account refunds $ 242.07 and $2,534.00 $ 11,524.28 - Ambulance reimbursements $784.00 and $239.05 - Federal income tax refund $5,662.00 - B. Westermeier reimbursement for lawsuit$1,982.00 Subtotal this page $ 111,282.84 Proceeds of sale of New York Real Estate jointly owned H. with three others 42,446.21 I. Income for New York real estate life estate 718.20 J. VW credit and PA death benefit 134.59 K. Income to estate Decedent's last paycheck 11,013.00 Subtotal this page 54,312.00 Subtotal debits page 1 111.594.84 TOTAL PRINCIPAL DEBITS: $165,594.84 EXHIBIT A CREDITS Your Accountants ask credit for payments made from Principal Account as follows: Date Description Amount 10/05/12 Parthemore Funeral Home—Funeral Expenses 2,788.57 04/21/13 Carmichael and Reed Monument Co.—Fee for headstone 500.00 10/02/12 Our Lady of Good Council—Fees for Internment 525.00 09/14/12 Register of Wills, Cumberland County—Probate fees 427.50 12/02/12 Cumberland Law Journal—Estate Advertisement fees 75.00 12/02/12 The Patriot News—Estate Advertisement fees 116.45 10/01/12 Schmitt's Garage—Payoff on Audi 3,_717.22 09/23/12 Pershing LLC—Annual maintenance fee 35.00 09/26/12 Citimortgage, Inc. —Mortgage payments for residence 3,067.52 (September and October) 09/26/12 Citibank— Second mortgage payment 365.75 09/26/12 PPL Electric Utilities—Electric bill for residence 260.23 09/26/12 Pennsylvania American Water—Water bill for residence 84.38 09/26/12 Comcast—Final cable bill for residence 312.31 09/26/12 Pennsylvania American Water—Water bill for residence 21.20 09/30/12 Hampden Township—Trash and sewer bill for residence 495.63 10/10/12 Boones Property Maintenance—Fee to clean courtyard 212.00 10/10/12 Innovative Flooring—Fees for flooring repairs 2,000.00 10/10/12 Simply Colors—Fee for painting services 1,813.00 10/14/12 Citimortgage, Inc.- Mortgage payment for November 1,597.48 10/14/12 Citibank— Second mortgage payment 365.75 10/14/12 DSCA—Quarterly fees for homeowners' association 688.00 10/22/12 PPL Electric Utilities—Electric bill for residence 60.95 11/02/12 GE Service— Stove repair expense 320.15 11/05/12 Pennsylvania American Water—Water bill for residence 18.68 11/05/12 Leggett, Inc. —Furnace repairs at residence 160.00 11/11/12 Citibank—Second mortgage payment for residence 365.75 Subtotal this page $20,393.52 11/11/12 Citimortgage, Inc. —Mortgage payment for residence 1,533.76 11/11/12 Simply Colors—Fees for painting services at residence 4,300.00 11/11/12 Innovative Flooring—Fees for carpet replacement 3,327.00 11/17/12 Simply Colors—Fees for cleaning 300.00 11/17/12 Susan Thomas—Reimbursement for mats for residence 68.61 11/19/12 DSCA —Quarterly Homeowner's Association fee for 745.00 residence 12/02/12 PPL Electric Utilities—Electric bill for residence 89.54 12/02/12 Pennsylvania American Water—Water bill for residence 40.03 12/16/12 Citimortgage, Inc.- January mortgage payment for 1,533.76 residence 12/24/12 Citibank—Second mortgage payment 365.75 12/24/12 PPL Electric Utilities—Electric bill for residence 110.36 01/06/13 Hampden Township—Trash and sewer bill for residence 155.05 01/13/13 Citimortgage, Inc. —February mortgage payment for 1,542.77 residence 01/20/13 Citibank—Second mortgage payment for residence 365.75 01/28/13 PPL Electric Utilities—Electric bill for residence 148.12 02/02/13 Pennsylvania American Water—Water bill for residence 14.21 02/02/13 DSCA —Quarterly homeowner's association fee for 820.00 residence 02/12/13 Citibank— Second mortgage payment for residence 365.75 02/16/13 DSCA—Homeowner's association fee for residence 500.00 02/16/13 Citimortgage—March mortgage payment for residence 1,542.77 02/24/12 PPL Electric Utilities—Electric bill for residence 172.14 03/10/13 Citibank—Second mortgage payment for residence 365.75 03/10/13 Pennsylvania American Water- Water bill for residence 14.21 03/18/13 Citimortgage, Inc. —April mortgage payment for 1,542.77 residence 03/24/13 PPL Electric Utilities—Electric bill for residence 157.22 04/01/13 Donegal Insurance Group—Homeowner's insurance for 557.00 residence 04/08/13 Hampden Township—Water and sewer bill for residence 155.05 04/08/13 Pennsylvania American Water 14.21 04/08/13 Citibank—Second mortgage payment 365.75 Subtotal this page $21,212.33 04/15/13 Citimortgage, Inc. —May mortgage payment for residence 1,542.77 04/15/13 DSCA—Fee for homeowner's association for residence 500.00 04/21/13 PPL Electric Utilities—Electric bill for residence 93.89 04/22/13 Susan Thomas—Reimbursement for plumbing repair 149.00 04/28/13 Forney's Remodeling—Repair expenses for residence 187.00 04/28/13 HV Mechanical Services—Repair expenses for residence 426.74 05/04/13 Pennsylvania American Water— Water bill for residence 15.22 05/11/13 Donegal Insurance Group—Homeowner's policy for 12.00 residence 05/11/13 Citibank—Second mortgage payment 365.75 05/11/13 DSCA—Homeowner's association fees for residence 820.00 05/27/13 PPL Electric Utilities—Electric bill for residence 27.45 06/03/13 George Forney—Repairs to residence 280.00 06/10/13 Pennsylvania American Water—Water bill for residence 24.70 06/10/13 PPL Electric Utilities—Electric bill for residence 13.53 12/02/12 Linda A. Clotfelter, Esquire—Estate attorney's fees 800.60 09/26/12 HarrisburgGastroentero logy—Medical bill 1,196.77 09/26/12 West Shore EMS —Ambulance bill 1,019.46 09/26/12 Pinnacle Health Hospitals—Medical bill 156.00 09/26/12 Orthopedic Institute of PA—Medical bill 23.30 09/26/12 Spirit Physicians services—Medical bill 54.38 09/30/12 Nephrology Associates of Central PA—Medical bill 21.00 10/08/12 Quantum Imaging& Therapeutic Associates—Medical 14.90 bill 10/14/12 Harrisburg Gastroenterology—Medical bill 52.50 10/22/12 Spirit Physicians Group—Medical bill 175.88 10/29/12 Nephrology Associates of Central PA—Medical bill 58.50 11/05/12 Hampden Township EMS —Ambulance bill 784.00 11/11/12 Quantum Imaging & Therapeutic Associates—Medical 9.20 bill 11/11/12 Kantor& Thatch Associates, PC—Medical bill 25.50 03/18/13 Nephrology Associates of Central PA—Medical bill 103.00 10/14/12 Barbara Westermeier—Payment for life estate interest 239.30 10/14/12 Barbara Westermeier—Payment for life estate interest 239.30 Subtotal this page $9,431.64 11/11/12 Barbara Westermeier—Payment for life estate interest 239.30 01/12/13 Thomas Westermeier Hogan Willis Attorneys— 1,982.00 Attorney's fees for settlement of lawsuit 04/08/13 Hiscock &Barclay—Attorney's fees for lawsuit 1,667.00 06/16/13 Paul Westermeier—Furnacepayment 333.00 07/01/13 Carmichael and Reed Monument Co. —Headstone 476.00 07/01/13 James Michalek—Headstone foundation 250.00 08/20/13 Heidi B. Muck—Reimbursement of travel expenses 1,808.17 08/20/13 Orphan's Court, Cumberland County—Filing fee for 20.00 Family Settlement Agreement -08/20/13 Linda A. Clotfelter,Esquire—Total Professional fees for 4.800.70 estate administration Subtotal this page 11,576.17 Subtotal page 1 credits 20,393.52 Subtotal page 2 credits 21,212.33 Subtotal page 3 credits 9.431.64 TOTAL: $62,613.66 EXHIBIT B RECAPITULATION Principal Debits $ 165,594.84 Minus: (A) Administrative Expenses ($ 34,315.84 ) (B) Last Debts of Decedent {$ 28.297.82 1 SUBTOTAL: {$ 62,613.661 TOTAL BALANCE OF CASH ESTATE $ 102,981.18 ASSETS AVAILABLE FOR DISTRIBUTION NON-PROBATE AND/OR JOINT PROPERTY Description Treatment A. 401(k) through ArcelorMittal USA, LLC Administered by Fidelity Investments Passed per beneficiary designation Passed per beneficiary designation to Heidi B. Muck Date of death value $196,379.03 B. Life Insurance Policy through Passed per beneficiary designation ArcelorMittal Steelton To named beneficiary, Kathryn A. Westermeier Date of death value $538,000.00 C. Individual Retirement Account Administered by Caderet, Grand and Co. Passed per beneficiary designation To named beneficiary, Heidi B. Muck Date of death value $40,892.62 EXHIBIT B PROPOSED DISTRIBUTION The Personal Representative proposes distribution of the Total Balance for Distribution to the following heir as described: Beneficiary: Percent of Estate: Heidi B. Muck 100%of probate estate 6470 Utley Road $102,981.18 Akron, NY 14001 TOTAL DISTRIBUTED $ 102,981.18 EXHIBIT C