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HomeMy WebLinkAbout11-12-13 FAMILY AGREEMENT--WAIVING FILING OF ACCOUNT This Agreement entered into this 15th day of October, 2013, by and between Marilyn Robbins, in her capacity as Executrix under the will dated April 13, 2009 of Shirley G. Robbins, deceased, and Angela Melanie Robbins Case O'Boyle, Benjamin Robbins Case, Brian Robbins Anderson, Carol Ann Robbins, Cassandra Robins Berube, Catherine Jean Robbins, Marilyn Elizabeth Robbins, Melanie Barbara (Collins) Robbins, Mitchell Ryder Robbins Collins, Rebecca Robbins Berube, Sarah Robbins Anderson, William L. Church, and Zachary Robbins Berube, residuary legatees of the estate. For purposes of this agreement, when Marilyn Robbins is referred to in her fiduciary C> M.&W M m term "executrix" will be used and, when she is referred to in her i i�gdual d capacities, she will be referred to by name. M D C� � v r rr N m m BACKGROUND n "' o a ° oo =0 n o „ ::3 1. Shirley G. Robbins ("Decedent"') died on October 16, 2,014?,, a re!�ident- of Newville, West Pennsboro Township, Cumberland County, Penns ivani?, ' o leaving a will dated April 13, 2009. -_J -n 2. Decedent's will was admitted to probate by the Register of Wills of - Cumberland County on November 29, 2011, and letters testamentary were issued to Marilyn Robbins, executrix. 3. In her will, Decedent named Angela Melanie Robbins Case O'Boyle, Benjamin Robbins Case, Brian Robbins Anderson, Carol Ann Robbins, Cassandra Robins Berube, Catherine Jean Robbins, Marilyn Elizabeth Robbins, Melanie Barbara (Collins) Robbins, Mitchell Ryder Robbins Collins, Rebecca Robbins Berube, Sarah Robbins Anderson, William L. Church, and Zachary Robbins Berube the residuary legatees. 4. The executrix advertised the grant of Letters Testamentary, prepared and filed an Inventory and Appraisement of Decedent's property and prepared and filed a Pennsylvania Inheritance Tax Return and federal and state income tax returns and paid the appropriate taxes thereon. 5. The executrix has paid all the general legatees and all the taxes, debts and expenses of the estate known to them, and they have no knowledge of any unpaid claims, absolute or contingent, which may be asserted against the estate nor do they have any reason to believe there are any such claims. 6. The executrix has completed the administration of the estate, has prepared her account thereof ("account") and has distributed the net assets of the estate as provided for in the Decedent's Last Will and Testament. 1 7. A statement reflecting all estate receipts, disbursements and distributions are annexed here to as Exhibit A. 8. Angela Melanie Robbins Case O'Boyle, Benjamin Robbins Case, Brian Robbins Anderson, Carol Ann Robbins, Cassandra Robins Berube, Catherine Jean Robbins, Marilyn Elizabeth Robbins, Melanie Barbara (Collins) Robbins, Mitchell Ryder Robbins Collins, Rebecca Robbins Berube, Sarah Robbins Anderson, William L. Church, Zachary Robbins Berube desire that this Family Agreement make unnecessary the filing of an accounting in the Orphans' Court Division of the Court of Common Pleas of Cumberland County. 9. Angela Melanie Robbins Case O'Boyle, Benjamin Robbins Case, Brian Robbins Anderson, Carol Ann Robbins, Cassandra Robins Berube, Catherine Jean Robbins, Marilyn Elizabeth Robbins, Melanie Barbara (Collins) Robbins, Mitchell Ryder Robbins Collins, Rebecca Robbins Berube, Sarah Robbins Anderson, William L. Church, Zachary Robbins Berube have been given the opportunity to review the books and records of the executrix, and based upon such opportunity or examination, they have determined that they have sufficient information to make an informed decision to waive their right to an accounting. AGREEMENT In consideration of the willingness of the executrix to distribute and terminate the estate in accordance with the terms of the will without the protection afforded her by a formal adjudication of an executrix' account, Angela Melanie Robbins Case O'Boyle, Benjamin Robbins Case, Brian Robbins Anderson, Carol Ann Robbins, Cassandra Robins Berube, Catherine Jean Robbins, Marilyn Elizabeth Robbins, Melanie Barbara (Collins) Robbins, Mitchell Ryder Robbins Collins, Rebecca Robbins Berube, Sarah Robbins Anderson, William L. Church, Zachary Robbins Berube, the undersigned beneficiaries, individually and with respect to their heirs, personal representatives, successors and assigns, do hereby: 1. Acknowledge that we have read this Agreement and represent that the facts set forth above are true and correct to the best of our knowledge, information and belief. We further acknowledge that we are familiar with the provisions of the will of decedent; 2. Waive the filing of a formal account of the administration of this estate, with respect to the income and principal thereof, in any court which has jurisdiction, in particular, the Orphans' Court Division of the Court of Common Pleas of Cumberland County, Pennsylvania; 3. Declare that we have examined the account and statement, which is attached hereto and incorporated herein, and find it to be true and correct in all particulars; understand that the distribution may still be subject to the payment of 2 certain administration expenses; accept and approve it with the same force and effect as if it had been prepared and duly filed with, audited, adjudicated and confirmed absolutely by such court which has jurisdiction over this estate, and, as if the balance of principal and income had been awarded by said court in accordance with this Agreement and the account and statement; 4. Warrant that we know of no outstanding and unsatisfied claims against the estate and approve the distribution of the principal and income shown on the attached account and statement as set forth above; 5. Absolutely and irrevocably release and discharge the executrix, her personal representatives, heirs, successors and assigns, from any and all actions, liabilities, claims and demands, including specifically but not limited to liability arising in connection with any mistake of fact or law, or negligent or careless act or omission by the executrix, in connection with the administration and distribution of assets shown in the statement, without a formal court accounting and adjudication; 6. Agree to refund to the executrix such part or all of the distributive share which has been or is being distributed to us which may at any time be determined to have been an erroneous distribution to us regardless of the cause of such error, even if attributable to negligence; 7. Agree that any period of limitation of actions for the collection for any erroneous distribution to any of us shall commence only at such time as the executrix has obtained actual knowledge of such erroneous distribution and that in no event shall the obligation to collect any erroneous distribution start earlier than the actual discovery thereof by the executrix. & With respect to any distributions of income or principal, which we have received, or will receive upon execution of this agreement, agree to indemnify and hold harmless the executrix, her personal representatives, heirs, successors and assigns, from any liability, loss or expense (including but not limited to costs and counsel fees), arising from any cause whatsoever, which may be incurred by the executrix as a result of the administration of this estate or distribution in accordance with this agreement including, but not limited to, any liability for any federal estate tax, Pennsylvania inheritance tax or any other death taxes and federal and state income taxes, together with any interest and costs incidental thereto, relating in any way to the estate and also including, but not limited to, any assets received or payments or distributions made by reason of any negligence or mistake of fact or law; 9. Understand that this Agreement may be signed in counterpart originals, all of which together shall be deemed to constitute one original; and 3 10. Agree that this agreement shall be governed by the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, we agree to be bound hereby and have signed this agreement this 15`h day of October, 2013. Witness: Angela Melanie Robbins Case O'Boyle Witness: Benjamin Robbins Case Witness: Brian Robbins Anderson Witness: Carol Ann Robbins Witness: (;(;uwaz. , y — Cassandra Robins Berube Witness: Catherine Jean Robbins Witnes — Marilyn Eliza et Robbins Witness: Melanie Barbara (Collins) Robbins Witness: Mi c ell der ob/� C rs Witness: ir__� Rebecca Robbins Berube Witness: Sarah Robbins Anderson Witness: William L. Church Witness: Zachary Robbins Berube 4 10. Agree that this agreement shall be governed by the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, we agree to be bound hereby and have signed this agreement this 151h day of October, 2013. Witness: Angela Melanie Robbins Case O'Boyle Witness: Benjamin Robbins Case Witness: Brian Robbins Anderson Witness: Carol Ann Robbins Witness: Cassandra Robins Berube Witness: Catherine Jean Robbins Witness: Marilyn.Elizabeth Robbins Witness: Melanie Barbara (Collins) Robbins Witness: Mitchell Ryder Robbins Collins Witness: Rebecca Robbins Berube Witness: Sarah Robbins Anderson Witness: William L. Church Witness: Zachary Robbins Berube 4 „ .. , `F -_. n i � i .. _ � S.Y. -.., � .” _. .. n .. � e. 10. Agree that this agreement shall be governed by the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, we agree to be bound hereby and have signed this agreement this 15th day of October, 2013. Witness: Angela Mel nie Robbins Case A'Begfe C- Witness: f/� � BQ a obbin Case Witness: Brian Robbins\ Anderrs�onQp�� Witness: ak (2p' T4A" Carol Ann Robbins Witness: Cassandra Robins Berube Witness: Catherine Jean Robbins Witness: Marilyn Elizabeth Robbins Witness: Melanie Barbara (Collins) Robbins Witness: Mitchell Ryder Robbins Collins Witness: Rebecca Robbins Berube Witness: Sarah Robbins Anderson Witness: William L. Church Witness: Zachary Robbins Berube 4 10. Agree that this agreement shall be governed by the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, we agree to be bound hereby and have signed this agreement this 15th day of October, 2013. Witness: Angela Melanie Robbins Case O'Boyle Witness: Benjamin Robbins Case Witness: Brian Robbins Anderson Witness: Carol Ann Robbins Witness: . Cassandra Robins Berube Witness: Catherine Jean Rdbbins Witness: Marilyn Elizabeth Robbins Witness: Melanie Barbara (Collins) Robbins Witness: Mitchell Ryder Robbins Collins Witness: Rebecca Robbins Berube %i Witness: �------ Sarah Robbins Anderson Witness: William L. Church Witness: Zachary Robbins Berube 4 10. Agree that this agreement shall be governed by the laws of the Commonwealth of Pennsylvania. IN WITNESS WHEREOF, we a6ree to be bound hereby and have signed this agreement this 15th day of October, 2013. Witness: Angela Melanie Robbins Case O'Boyle Witness: Benjamin Robbins Case \Nitncss; Brian Robbins Anderson Witness: Carol Ann Robbins Witness: Cassandra Robins Berube Witness: tJau ici n,ic jean, rttu.n.io Witness: Marilyn Elizabeth Robbins Witness: Melanie Barbara (Collins) Robbins Witness: Mitchell Ryder Robbins Collins Witness: Rebecca Robbins Berube Witness: _ Sarah Robbins Anderson Witness: William-L. Church Witness: Zachary Robbins Berube 4 EXHIBIT A FIRST AND FINAL ACCOUNT OF MARILYN ROBBINS, EXECUTRIX FOR ESTATE OF SHIRLEY G. ROBBINS, DECEASED Date of Death: October 16, 2011 Date of Executor's Appointment: November 29, 2011 Accounting for the Period: November 29, 2011 to September 25, 2013 First Complete Advertisement of the Grant of Letters: Dec. 20, 27, 30 2011 and Jan 3, 6 and 13, 2012 Purpose of Account: MARILYN ROBBINS, Executrix, offers this account to acquaint interested parties with the transactions that have occurred during her administration. The account also indicates the proposed distribution of the estate. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with the following individual: Douglas C. Lovelace, Jr., Esquire 36 Donegal Drive Carlisle, PA 17013 (717) 385-1866 1 EXHIBIT A EXHIBIT A Summary of Account Proposed Distribution to Beneficiaries $0.00 Principal Receipts $254,310.40 Net Gain (Loss) on sales -$3,042.95 Total Receipts $251,267.45 Less Disbursements: Debts of Decedent -$1,652.90 Funeral Expenses -$3,025.32 Administration Expenses -$7,798.23 Legal Expenses -$2,100.00 Federal and State Taxes -$13,676.00 Fees and Commissions $0.00 -$28,252.45 Balance before Distribution $223,015.00 Distribution to beneficiaries -$1,226.38 Income from Investments $9,601.84 Balance on Hand $231,390.46 Transfer to Shirley G Robbins Testamentary Trust for benefit of William Church Value of TDA Stock Account -$187,994.35 Value of Fulton Bank Account -$8,396.11 Note payable from OR -$35,000.00 Balance on Hand $0.00 2 EXHIBIT A EXHIBIT A Receipts of Principal Assets Listed in Inventory (Valued at Date Fiduciary of Death) Acquisition Value Cash F&M Bank : CD#0152993140 $25,000.00 $25,000.00 F&M Bank : CD#0152993138 $10,000.00 $10,000.00 F&M Bank : CD#0152997429 $15,081.82 $15,081.82 General Electric account# 9243375093 $3,916.37 $3,916.37 Adams County Bank CD# 180531 $26,993.05 $26,993.05 Adams County Bank checking account#2354810 $24,090.33 $24,090.33 Adams County Bank: savings account# 9000175631 $5,901.81 $5,901.81 cash in wallet $42.68 $42.68 Tangible personal property Clothing: 4 coats $20.00 $20.00 3 pocket books $15.00 $15.00 1 bag nice sweaters $50.00 $50.00 9 bags to GRV thrift shop $90.00 $90.00 6 bags useable clothing $120.00 $120.00 Household items: 3 boxes to GRV Thrift Shop $30.00 $30.00 4 boxes ofknick-knacks $80.00 $80.00 1 dresser-wood $20.00 $20.00 1 mirror $10.00 $10.00 2 framed pictures $20.00 $20.00 Costume Jewelry: 2 boxes $40.00 $40.00 wrist watch $5.00 $5.00 Office Supplies: 2 boxes $20.00 $20.00 stamps $23.38 $23.38 used xp computer& monitor $50.00 $50.00 2 boxes books/cassetes/cd $20.00 $20.00 2 boxes birding materials $20.00 $20.00 Birding equipment: spotting scope $305.00 $305.00 tripod $159.00 $159.00 binoculers $30.00 $30.00 3 EXHIBIT A EXHIBIT A camera $60.00 $60.00 lenses $39.00 $39.00 2007 Chevy Cobalt 4 door,fair condition $5,000.00 $5,000.00 Note receivable from Catherine J. Robbins $35,000.00 $35,000.00 1MS stock account#2262-1713 $102,739.52 $102,739.52 shares stock value 106.119 GIS $4,193.56 107.549 NMM $1,783.19 1530.41 AWSHX $41,933.34 10000 Allegheny Cnty PA Hospital $9,214.50 Northampton Cnty PA indl 5000 Dev $4,967.43 Cumberland Cnty PA Mun 20000 Auth $20,853.20 2000 FHLMC Series $67.15 420 Source Cap Inc $14,624.40 Cash $4,528.72 accrued div and int $574.03 1MS IRA 7014-6960 $44,543.12 This account was distributed to the beneficiaries on death directly, outside of the estate, as per Transfer on Death provisions. Beneficiaries: Catherine J. Robbins, Carol A Robbins Marilyn E Robbins, Melanie Robbins (Collins) TIAA-CREFF TOD account#99-1789485 $9,613.01 This account was distributed to the beneficiaries on death directly, outside of the estate, as per Transfer on Death provisions. Beneficiaries: Angela Case, Benjamin Case Brian Anderson, Sarah Anderson,Zachary Berube Rebecca Berube,Cassandra Berube, Mitchell Collins Total Inventory $309,148.09 $254,991.96 4 EXHIBIT A EXHIBIT A Changes Subsequent to Inventory: Checks cut prior to death, not cleared until after DOD Spirit Physicians -$15.00 Grahm Medical -$15.00 Young's Medical -$28.27 Marilyn Robbins for Green Ridge, insurance and reimbursements $2,206.75 Marilyn Robbins for medical bills -$556.30 -$2,821.32 Refunds medical insurance refund $18.75 Sprint cellular phone overpayment $22.68 Allstate car and renters insurance $130.92 Fed tax refund from 2011 $1,734.00 Pa tax refund from 2011 $159.00 PA inheritance tax overpayment $74.41 $2,139.76 Total receipts of principal $254,310.40 Investment changes No effect on principal-for information only Purchased 208.451 shares of NMM $3,689.41 Purchased 45.465 shares of AWSHX $1,366.20 Redeemed principal on FHLMC $14.97 Purchased 1290 shares of GE $24,948.60 Purchased 2402.474 shares of MWTRX $25,892.93 Purchased 500 shares of MSFT $14,842.66 Purchased 630 shares of PFE $14,842.66 Purchased 570 shares $16,017.00 5 EXHIBIT A EXHIBIT A of DOW Gains or Losses on Sales Gain on sale of 5000 shares of Northampton for$5000. $32.57 Loss on sale of .119 shares of GIS for$36.71 -$0.36 Loss on sale of 420 shares of Source Capital for$11589.20 $3,035.20 Commission on purchase of stock -$39.96 -$3,042.95 Total Receipts $251,267.45 6 EXHIBIT A EXHIBIT A Disbursements Debts of Decedent Green Ridge Village for October, 2011 $351.48 BJ's credit card bill $1.00 Young's Medical $19.12 Paul Berube for Gas in Cobalt $30.02 American Homecare $2.47 Bove Jewelers $1,234.90 Health Network Labs $13.91 -$1,652.90 Funeral Expenses Staples $161.62 Marilyn Robbins for mums $40.00 Zach Berube- food for reception $25.87 Joe Anderson -food for reception $128.22 Auer Cremation Services $1,680.00 Zion Lutheran Church $200.00 Edgar Luhn, organist $100.00 Dinner meeting with Beth Davis to plan memorial Service $59.34 Star Ledger $351.00 Newville Paper obituary $279.27 -$3,025.32 Administration Expenses Postage $12.95 Register of Wills $343.50 Notary $15.00 Janney Montgomery Scott termination fee $100.00 Janney Montgomery Scott- account evaluation at DOD $100.00 Cumberland County Courthouse-file inventory $15.00 Cumberland County Courthouse-file disclaimer $5.00 Cumberland County Courthouse-probate fee $65.00 Walmart- new checks $12.15 GMS Surgent-accountant $6,900.00 Cumberland Law Journal for Estate Administration Notification $75.00 The Sentinel for Estate Administration Notification $115.20 Miscellaneous $39.43 -$7,798.23 Legal Expenses John Carnes, Esquire $150.00 Douglas Lovelace,Jr., Esquire $1,500.00 7 EXHIBIT A EXHIBIT A Lentx, Cantor, Manza $450.00 -$2,100.00 Federal and State taxes PA inheritance tax $13,500.00 PA 2012 tax return $176.00 -$13,676.00 Fees and Commissions $0.00 Balance before Distribution $223,015.00 Distribution to Beneficiaries Personal effects divided equally among the four -$1,106.38 daughters, Catherine Robbins, Marilyn Robbins, Carol Robbins, Melanie Robbins (Collins) Unwanted items donated to Green Ridge Village Thrift Shop -$120.00 -$1,226.38 Income Interest TDA interest $1,291.14 ACN B $186.04 F&M $488.58 GE $15.47 OR $1,400.00 JMS $73.11 $3,454.34 Cash award to open account $300.00 Dividends TDA $4,659.21 JMS $1,188.29 $5,847.50 $9,601.84 Balance before transfer to Trust $231,390.46 8 EXHIBIT A EXHIBIT A Transfer to Shirley G Robbins Testamentary Trust fbo William Church Transfer the following stocks to T.D.Ameritrade account#922050946 106 GIS $4,189.22 316 NMM $5,472.60 1575.88 AWSHW $43,299.54 10000 Allegheny $9,214.50 20000 Cumberland $20,853.20 2000 FHLMC $52.18 1290 GE $24,948.60 0 MWTRX $25,982.93 500 MSFT $15,344.10 630 PFE $14,842.66 570 DOW $16,017.00 cash $7,777.82 -$187,994.35 transfer cash to Fulton acct# 7112045 -$8,396.11 Transfer ownership of the note payable -$35,000.00 from Catherine J Robbins total -$231,390.46 Balance on Hand $0.00 9 EXHIBIT A EXHIBIT A PROPOSED DISTRIBUTIONS TO BENEFICIARIES No Further Distributions Required MARILYN ROBBINS, Executrix under the Will of SHIRLEY G. ROBBINS, deceased, hereby declares under oath (penalties of perjury) that she has fully and faithfully discharged the duties of her office; that the foregoing First and Final Account is true and correct and fully discloses all significant transactions occurring during the accounting period; that all known claims against the estate have been paid in full; that to her knowledge, there are no claims now outstanding against the Estate; and that all taxes presently due from the estate have been paid. i S s/ ROB INS MARILY Executrix Subscribed and sworn to by MARILYN ROBBINS before me thi day of 2013 gtaryblic KIMBERLY ANN G01 TSHALK NOTARY PUBLIC•DELAWARE �'/�Y G011 r"on Expk98 1-10.2015 10 EXHIBIT A