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HomeMy WebLinkAbout10-07-13 (2) IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY,PA ORPHAN'S COURT DIVISION FILE NO.21-86-0398 ACCOUNT OF THE MARITAL TRUST UNDER THE WILL OF ROBERT M.MUMMA DECEASED OBJECTIONS OF ROBERT M.MUMMA, 11 TO THE ACCOUNT OF THE MARITAL TRUST JULY 18,2010 TO DECEMBER 31,2012 Robert M.Mumma,11 Pro se Box F Grantham,PA 17027 C Yn n C> c� M M cn Cw q C = C7 i N T� General Objections to AcG un 1. The Estate of Robert M. Mumma was improperly funded. The original inventory has been disputed. Transfer of stock in corporations held by Robert M. Mumma, Kim Co, Pennsylvania Supply Co and Robert M. Mumma, 11 was restricted by bylaws and agreements between the shareholders. 2. The executor's of the estate determined to violated these agreements and restrictions and the intentions of Robert M. Mumma that his four children owned these companies and that through redemption of his shares would be the only remaining shareholders. The redemptions of the Decedent's stock using insurance proceeds would provide funding of the Marital Trust. 3. The executors have withheld documentation of the decedent's desire that his children continue to own and operate these assets. ( The decedent provided millions of dollars of life insurance policies to achieve this goal. 4. Recent discovery has documented proof that insurance was issued for this express purpose. S. The executors fraudulently proposed a plan of liquidation of Pennsylvania Supply Company and Kim Company. The executor's without authority or agreement distributed the assets into two accounts that have no legal authority in Pennsylvania. They have diverted the income and principal to bank accounts that they controlled and have continued to utilize the trusts to divert the income. They have continued the trust past the stated expiration of the trust as provided by the Will. This has resulted in the loss of millions of dollars to the individual beneficiaries. Objections to Marital Trust: 1. The values given are based on "accounting" values not fair market values as required by the format of the petition. 2. There is an ongoing challenge to the principal items listed in Schedule A and the overfunding of the Marital trust. 3. There is no explanation of the "Leffler litigation" and it's connection to the Marital trust. 4. The professional fees to Cleaver, MLB, Marston, and Hadley are excessive. S. Schedule F contains "new investments" that are not explained but appear to be legal expenses in connection with the accountings and High Spec and Bobali Corp cases. 6. There is an ongoing dispute regarding stock ownership of Nine Ninety Nine and GAT Distribution. There is no evidence that MRA I and/or an MRA II are registered entities in the State of Pennsylvania. 7. Pages 17 and 19 contain duplicative entries 8. Union Quarries Inc. stock is undervalued 9. Schedule G shows a sweep account with a negative balance of $1,339,110.44 and a negative $3,189,289 owed to income from principal. These entries make no sense Pit- 10. Given the pecuniary nature of the marital trust the $3, 189,289 shown on page 22 would be improper. 11. Dividends paid from D E Distribution are improper. The Estate was not entitled to receive any of Kim Co.'s stock in NNN on the liquidation of Kim Co. 12. Distributions from Union Quarries belong to Kim Co 13. Expenses to Property Management Inc. are excessive 14. The $5, 785,328 of "income on hand" pg 85 should have been transferred to the residuary trust, or retained by Kim Co or Pennsylvania Supply Company. 15. No money was to be paid into an income account after July 17, 2010. Income was to be distributed directly to the beneficiaries. Oc7" 7, Z� 3 CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing document has been served this _ day of 2013, by first class mail, postage prepaid, upon: Ms. Lisa M. Morgan 1315 Neptune Drive Miss Susan Mann Mumma Boynton Beach, FL 33426 c/o Mr. Robert M. Mumma II P.O. Box F Mr. Robert M. Mumma II Grantham, PA 17027 P.O. Box F Grantham, PA 17027 Miss Marguerite Mann Mumma c/o Mr. Robert M. Mumma II Ms. Barbara M. Mumma P.O. Box F 541 Bridgeview Drive Grantham, PA 17027 Lemoyne, PA 17043 Mr. Robert M. Mumma III Ms. Linda M. Mumma c/o Mr. Robert M. Mumma II P.O. Box 30436 P.O. Box F Bethesda, MD 20824 Grantham, PA 17027 And c/o Ms. Barbara M. Mumma 541 Bridgeway Drive Lemoyne, PA 17043 Cc: No V. Otto III, Esq. Robert B. Eyre, Esquire Richard F. Rinaldo, Esquire Brady L. Green, Esquire ROBERT M. MUMMA II By: Robert M. Mumma II P.O. Box F Grantham, PA 17027 ac-,- 7, 7L0a