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HomeMy WebLinkAbout04-28-14 612 Status Report Cumberland scn/est Pa. O.C. RULE 6.12 STATUS REPORT REGISTER OF WILLS OF CUMBERLAND COUNTY,PENNSYLVANIA Name of Decedent: Dorothy E. Frank a/k/a Dorothy Frank Date of Death: June 26, 2012 Estate No: 2012-01017 PA No: 21-12-1017 Pursuant to Rule 6.12 of the Supreme Court Orphans' Court Rules, I report the following with respect to completion of the administration of the above-captioned estate: 1. State whether administration of the estate is complete: Yes X No 2. If the answer is No, state when the personal representative reasonably believes that the administration will be complete: If the answer to No. 1 is yes, state the following: a. Did the personal representative file a final account with the Court? Yes No X b. The separate Orphans' Court No. (if any) for the personal representative's account is: C. Did the personal representative state an account informally to the parties in interest? Yes X No d. Copies of receipts, releases, joinders and approvals of formal or informal accounts may be filed with the Clerk of the Orphans' Court and may be attached to this report. Copies of the Receipt & Release Agreement and proofs of publication appearing in the "Cumberland Law Journal" on u- Ln September 28, October 5 & 12, 2012; and, in "The Sentinel" on C, w _ ch �— 6�ctober 4, 11 and 18,2012 are attached hereto. s E t G o U_ e ° C_, Z c� a- D oe:tApri{l, 26 I� � C-' CL cwa Steve C. Nicholas, Esquire C) � o Nicholas Law Offices PC LU C9_ cr o Q. 2215 Forest Hills Drive, Suite 37 Harrisburg, PA 17112-1099 (717) 540-7746 Supreme Court ID No. 06845 Capacity: Attorney for Estate PROOF OF PUBLICATION OF NOTICE IN CUMBERLAND LAW JOURNAL (Under Act No. 587,approved May 16, 1929), P. L.1784 COMMONWEALTH OF PENNSYLVANIA : SS. COUNTY OF CUMBERLAND Lisa Marie Coyne,Esquire, Editor of the Cumberland Law Journal, of the County and State aforesaid,being duly sworn,according to law,deposes and says that the Cumberland Law Journal, a legal periodical published in the Borough of Carlisle in the County and State aforesaid, was established January 2, 1952,and designated by the local courts as the official legal periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly issued weekly in the said County, and that the printed notice or publication attached hereto is exactly the same as was printed in the regular editions and issues of the said Cumberland Law Journal on the following dates, viz: Sentember 28, October 5.and October 12 2012_ Affiant further deposes that he is authorized to verify this statement by the Cumberland Law Journal, a legal periodical of general circulation,and that he is not interested in the subject matter of the aforesaid notice or advertisement, and that all allegations in the foregoing statements as to time,place and character of publication are true. sa Marie Coyne, Editor SWORN TO AND SUBSCRIBED before me this 12 day of October, 2012 Frank, Dorothy E. afkfa Dorothyy Frank,decd. Late of Hampden Township' Notary Executor: Jerry L. Frank, 4153 Saddle lane,West Bloomfield,M 48322-1647. Attorney; Steve C. Nicholas, Es- quire, 2215 Forest Hills Drive, Suite 37, Harrisburg, pA 17112- 1099. ECARLISLZ ARIAL SEAL AH A COLLINS tary Public H.CUTASERLANO COUNTY n Expires Apr 28,2014 PROOF OF PUBLICATION State of Pennsylvania,County of Cumberland Iackie Cox,Sales Director of The Sentinel, of the County and State aforesaid,being duly sworn, deposes and says that THE SENTINEL, a newspaper of general circulation in the Borough of Carlisle, County and State aforesaid,was established December 131h, 1881, since which date THE SENTINEL has been regularly issued in said County,and that the printed notice or publication attached hereto is exactly the same as was printed and published in the regular editions and issues of THE SENTINEL on the following day(s): October 4, 11 &18, 2012 COPY OF NOTICE OF PUBLICATION �L-DOROTESYAMEHYAar owlheetaeeoroorto"YemANKanoa Affiant further deposes that he/she is not DOROTHY FRANK;late of Hampden Township.CLmbetlan0 County. Pennsylvania,having been granted to the undersigned. - interested in the subject matter of the An persons indebted to the said Estate are required to make Immediate aforesaid notice or advertisement, and that Payment and those having claims Will present them for settlement to: Je yL Frank all allegations in the foregoing statement as loomfSaddle One to time,place and character of publication West Bloomfield, ,Lans2-1667 Or 1o: - are Steve C.Nicholas,Esquire - '2215FOrast Hins'DMa,Suhe 37 HaMsbllm.PA 17112-1 egg Swore to and subsc 'bed before me this 2012- . Notary Public My commission expires: NOTARIAL SEAL BAMBI ANN HECKENDORN Notary Public CARLISLE BOROUGH,CUMBERLAND CNTY My Commission Expires Jan 27,2 074 Frank Dorothy Reeeipt Release Ag Pmb odNon-Probate scriAm RECEIPT & RELEASE AGREEMENT This Agreement is made by and between Jerry L. Frank (the "Executor") as Executor of the Estate of Dorothy E. Frank of the one part; and, Linda S. Millard of 2164 Merrimac Avenue, Mechanicsburg, PA 17055-5797, (IRA Beneficiary) of the second part; and Harriet Weinstock of 38 Wilshire Way, Niskayuna NY 12309-4904 (IRA Beneficiary & Residuary Beneficiary), Jerry L. Frank of 4153 Saddle Lane, West Bloomfield, MI 48322-1647 (IRA Beneficiary & Residuary Beneficiary), Stephanie Millard of 2164 Merrimac Avenue, Mechanicsburg, PA 17055-5797 (Residuary Beneficiary), and Eric Millard of 1327 High Road, Apt P-5, Tallahassee FL 32304 (Residuary Beneficiary), collectively as residuary beneficiaries ("Beneficiaries")of the said estate of the third part. In accordance with their desire that the Executor of the Estate of Dorothy E. Frank make a final distribution at this time, without the expense and delay of a court accounting, the parties hereto, in consideration of the mutual covenants herein expressed, and intending to be legally bound hereby, agree that: I. Dorothy E. Frank died on June 26, 2012 and her estate is now in the process of administration. The Register of Wills of Cumberland County, Pennsylvania granted Letters Testamentary to Jerry L. Frank on September 18, 2012 at File No, 2012-01017, 2. The Estate has been properly advertised as required by law on September 28, October 5 and October 12, 2012 in the "Cumberland Law Journal" and also on October 4, 11, and 18, 20I2 in"The Sentinel." Copies of the proofs of advertising are attached hereto. 3. All known claims presented to date have been paid in full. 4. The Decedent's Estate consists of non-probate assets non probate assets and probate assets. Non-probate assets are those that pass directly to named beneficiaries. Probate assets are those that are administered in accordance with Decedent's Last Will & Testament. 5. The Decedent had four IRA Certificates of Deposit accounts at Sovereign Bank, each of which named "Linda S. Millard and Harriet Weinstock— Daughters and Jerry L. Frank— Son" as the beneficiaries. The IRA Certificates of Deposit, while not passing under the terms of Decedent's Last Will, are subject to inheritance taxation since Decedent was over the age of 59'/2 years at the time of her passing. The date of death value of the non-probate assets totals $13,582.79. I 6. Any inheritance tax due and payable on the date of death value of the IRA Certificates is payable by the Decedent's estate pursuant to ITEM II of Decedent's Last Will dated April 11,2012 that provides as follows: "ITEM II: I direct that all taxes that may be assessed in consequence of my death, of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as a part of the expense of the administration of my estate, without apportionment." T The Executor desires at this time, to make a distribution of the non-probate assets in cash, equally among the named beneficiaries of the non-probate assets, however will not do so unless each beneficiary executes this Release. The value of the non-probate assets in the amount of$13,582.79 shall be distributed as follows: To: Linda S. Millard $4,527.60 To: Harriet Weinstock $4,527.60 To: Jerry L. Prank $4,527.59 8. Under provisions of the Decedent's Last Will dated April 11, 2012, after payment of all valid claims and debts of the estate, including any costs, administration fees, federal estate taxes, Pennsylvania Inheritance and/or Estate taxes, the Decedent bequeathed the rest, residue and remainder of her probate estate at ITEM HI as follows: (a) One (1) equal share to her son, JERRY L. FRANK,providing that he shall survive by thirty(30) days. (b) One (1) equal share to her daughter, HARRIETT WEINSTOCK,providing that she shall survive by thirty(30)days. (e) One (1)equal share to be divided equally, share and share alike, between her granddaughter, STEPHANIE MILLARD and her grandson, ERIC MILLARD, providing that they survive by thirty(30) days. All of the named Beneficiaries have survived the Decedent by 30 days and are each entitled to their share of the Estate. 9, The Executor charges himself with the receipt of the following gross assets and the inheritance tax refund: (a) BELCO Community Credit Union #S-1 and#540 $ 1 013.80 (b) Credit Union One 44254777 #S-1 $ 999.80 (c) Credit Union One#4254777 4S-4 $258,571.20 (d) Credit Union One#4254777 #S-38 $ 13,620.99 (e) Interest on Credit Union One#4254777(June-Oct 2012) $ 295.47 (f) Interest on Credit Union One 44262802 (June-Dec 2013) $ 661.36 2 (g) Metro Bank#0538077686 $ 1,691.99 (h) Refunds to the Estate $ 2,296.08 (i) Sale of personal property $ 2,150.00 (j) Sale of 3921 Cherylbrook Drive, Mechanicsburg, PA $190,000.00 (k) Adjustments from sale of 3921 Cherylbrook Drive $ 1,258.59 (i) 2012 County/Twp taxes - $ 58.32 (ii) 2012-13 School taxes - $1,124.43 (iii) Sewer 4' Quarter- $ 75.84 (m) Inheritance tax refund $ 1,571.72 (1) Miscellaneous $ 617.91 Total $474,748.91 10. The Executor charges himself with the payment of the following funeral expenses and costs of administration: (a) Hetrick Funeral Home - Funeral $ 9,573.46 (b) Beth El Cemetery- Burial $ 2,175.00 (c) Brachendorf Memorials—Foot stone $ 880.00 (d) Executor's travel expenses - Jerry L. Frank $ 662.79 (e) Attorney Fees -Nicholas Law Offices PC $ 7,177.50 (f) Probate/filing fees/costs—Register of Wills $ 557.50 (g) Legal Advertising—The Sentinel $ 200.16 (h) Legal Advertising—Cumberland Law Journal $ 75.00 (i) Information release fee—Sovereign Bank $ 20.00 0) Overnight Mail/Postage—Nicholas Law Offices, PC $ 47.%8 (k) Attorney Fees—Wright Beamer Attorneys $ 675.25 Total $ 22,044.54 11. The Executor charges himself with the payment of the following debts, claims, mortgage liabilities and liens: (a) Sunrise of Bloomfield Hills—nursing home/meds $ 284.01 (b) CareMinders Home Care—home nursing care $ 4,616.00 (c) PPL—electric $ 327.84 (d) PA American Water-water $ 97.22 (e) Verizon Wireless—phone (f) Comcast—tv $ 64.24 $ 186.47 (g) Hampden Township—sewer&trash $ 310.10 (h) Marathon Landscaping—yard maintenance $ 810.00 (i) Greensward Turf Care—lawn maintenance $ 127.13 0) Bones Contracting - home maintenance (flooring) $ 2,540.00 (k) McNellis Gutter Cleaning—home maintenance $ 525.00 3 {l} Big Bee Window Cleaning—home maintenance $ 210.00 (m) Hampden Township Treasurer-2012-13 School Taxes $ 1,820.98 (n) 1-800-Got Junk—trash/junk removal $ 3,138.00 (o) U-Haul -hauling $ 25.58 (p) Staples/ come Depot—home maintenance - supplies $ 36.88 (q) Sears-home maintenance-dehumidifier $ 330.00 {r} US Treasury—2012 Form 1040 Taxes $ 22,724.00 (s) PA Department of Revenue—2012 PA 40 Taxes $ 3.00 (t) Gordon Advisors,PC tax preparation $ 2,635.00 (u) Michigan Medical Equipment -wheelchair $ 400.00 (v) UPS —overnight mail $ 184.93 (w) FedEx—overnight Mail $ 30.75 (x) Expenses from sale of 3921 Cherylbrook Drive $ 21,639.26 (i) Realtors commission - $13,000.00 (ii) Tax certification- $ 10.00 (iii) Realty Transfer taxes - $ 1,900.00 (iv) Home Warranty - $ 479.00 (v) Seller Assist- $ 6,250.26 (y) Credit Union One—Account Maintenance fees $ 120.00 (z) FIA Card Services $ 1.00 Total $ 63,060.26 12. All funeral expenses, costs of administration, debts, claims, and liabilities have been paid except for the Executor's Commission in the amount of$6,500.00 which shall be paid upon distribution of the assets of the Estate. 13. The Executor charges himself with an advance payment to the Pennsylvania Department of Revenue of inheritance tax in the amount of $22,000.00. The Inheritance Tax Return was accepted as filed by the Pennsylvania Department of Revenue on June 4, 2013. The total inheritance tax due was in the amount of$21,503.66. A discount for early payment in the amount of$1,075.18 was applied to the account resulting in a total tax payment of$23,075.18. A refund in the amount of$1,571.52 was received by the Estate. 14. The Executor will reserve finds, in the amount of$2,000.00 for payment of any additional claims, fiduciary taxes, attorney fees and costs that may be incurred by him. Any unused balance remaining in the reserve fund at that time shall be distributed to the residuary j beneficiaries in accordance with the proposed distribution percentages set forth hereafter. l 15. The Executor desires at this time, to make a partial distribution of the probate assets in cash, equally among the residuary beneficiaries, however will not do so unless each beneficiary executes this Release. The balance of available cash for distribution at this time is summarized as follows: 4 Gross value Of Estate(Paragraph 9) $474,748.91 Less: Funeral&Administration Costs(paragraph l0) $ 22,044.54 Less: Debts,claims, liabilities and liens(Paragraph 11) $ 63,060.26 Less: Executor's Commission(Paragraph 12) $ 6,500.00 Less: Inheritance Tax(Paragraph 13) $ 22,000,00 Less: Reserve fund(Paragraph 14) $ 2.000.00 Sub Total $115.604.80 Balance for distribution at this time $359,144.11 16. The Executor proposes to make the following advance distribution in the amount of$359,144.11, at this time, as follows: (a) To Jerry L. Frank $119,71431 (b) To Harriett Weinstock $119,714.70 (c) TO Stephanie Millard $ 59 857,35 (d) To Eric Millard $ 59857.35 Total Advance Distributions $359,144.11 Any unused portion of the$2,000.00 reserve shall be distributed as follows: (a) One-third to Jerry L, Frank (b) One-third to Harriett Weinstock (c) One-sixth to Stephanie Millard (d) One-sixth to Eric Millard 17. In exchange for the receipt of tha sums sat forth in Paragraph 15, each beneficiary hereby forever fully releases, compromises, settles and discharges any and all claims, demands, actions or causes of action, legal or equitable, absolute or contingent, vested or hereafter to accrue, which they may have against any other party hereto or against the Estate of Dorothy E. Frank, the Executor, or the attorneys thereof, by reason of any matter, cause or thing growing out of or relating to any property or assets of the said estate, or growing out of or relating to any act of the Executor or his attorneys, in the administration of said estate, even if attributable to negligence, and agree that in no event shall the said period for collection of any erroneous distribution or distributions be less than two years after the actual discovery thereof by the Administrator or their attorneys. 18. The Beneficiaries agree to execute such additional releases as the Executor or his attorneys, may submit to them in order to confirm their discharge from any further liability to the parties in connection with the said estate. 5 i i 19. This Agreement may be executed in multiple counterparts and, when so executed by all parties hereto, shall be binding upon all the parties, and their respective heirs, next-of-kin, personal representatives and assigns. IN WITNESS WHEREOF, the parties have hereunto set their hands and seal the day and year hereafter set forth. r Dated x , 2014 J Frame, xecutor Dated 2014 Linda S. Millard, IRA„Ben'e iciary Dated 't,`�Q uti2`/ �J , 2014 J . Frank, IRA Beneficiary and Residuary Beneficiary Dated -12014 Harriett Weinstock, IRA Beneficiary and Residuary Beneficiary Dated 2014 Stephanie Millard, Residuary Beneficiary Dated 2014 Eric Millard, Residuary Beneficiary 6 19. This Agreement may be executed in multiple counterparts and, when so executed by all parties hereto, shall be binding upon all the parties, and their respective heirs, next-of-kin, personal representatives and assigns. IN WITNESS WHEREOF, the parties have hereunto set their hands and sea] the day and year hereafter set forth. Dated _ 1 V 2014 NA Jerry L. Frank, Executor Dated (0 2014 -Gj- - p i da S. Millard, IRA eneficiary Dated �jA 2014 N, Jerry L. Frank, IRA Beneficiary and Residuary Beneficiary Dated NJA 2014 NA Harriett Weinstock, IRA Beneficiary and Residuary Beneficiary Dated Nh 12014 NA n '/� Stephanie Millard, Residuary Beneficiary Dated / "A 2014 PA Eric Millard, Residuary Beneficiary 6 19. This Agreement may be executed in multiple counterparts and, when so executed by all parties hereto, shall be binding upon all the parties, and their respective heirs, next-of-kin, personal representatives and assigns. IN WITNESS WHEREOF, the parties have hereunto set their hands and seal the day and year hereafter set forth. Dated 12014 Jerry L. Frank, Executor Dated 2014 Linda S. Millard, IRA Beneficiary Dated 2014 Jerry L. Frank, IRA Beneficiary and Residuary Beneficiary i Dated 2014 Harriett Weinstock, IRA Beneficiary and Residuary Beneficiary Dated 12014 Stephanie Millard, Residuary Beneficiary Dated 12014 Eric Millard, Residuary Beneficiary 6 19. This Agreement may be executed in multiple counterparts and, when so executed by all parties hereto, shall be binding upon all the parties, and their respective heirs, next-of-kin, personal representatives and assigns. IN WITNESS WHEREOF, the parties have hereunto set their hands and seal the day and year hereafter set forth. Dated 2014 Jerry L. Frank, Executor Dated 2014 Linda S. Millard, IRA Beneficiary Dated 2014 Jerry L. Frank, IRA Beneficiary and Residuary Beneficiary Dated 2014 Harnett Weinstock, IRA Beneficiary and Residuary Beneficiary M Dated ' 2014 ,G Stephan,*Millard, sidu eneficiary Dated 2014 Eric Millard, Residuary Beneficiary 6 19. This Agreement may be executed in multiple counterparts and, when so executed by all parties hereto, shall be binding upon all the parties, and their respective heirs, next-of-kin, personal representatives and assigns. IN WITNESS WHEREOF, the parties have hereunto set their hands and seal the day and year hereafter set forth. Dated 2014 Jerry L. Frank, Executor Dated 2014 Linda S. Millard, IRA Beneficiary Dated 2014 Jerry L. Frank, IRA Beneficiary and Residuary Beneficiary Dated 12014 Harriett Weinstock, IRA Beneficiary and Residuary Beneficiary Dated 2014 Stephanie Millard, Residuary Beneficiary Dated r-e j 7 2014 Eric Millard, It6siduary Beneficiary 6 X State of /of ) C&e"'— County ofa��e„� : ss. On the day of r-6 /r car 2014, before me, a Notary Public in and for said County and State,the undersigned officer,personally appeared Jerry L.Frank, in his capacity as Executor, IRA Beneficiary and as a Residuary Beneficiary of the Estate of Dorothy E. Frank, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that he executed the same for the purposes therein contained, and desired the same might be recorded as such. IN WITNESS WHEREOF,I hereunto set my hand and official seal. Wotarylic BENJAMIN JACOSS Notary Public,State of Michigan county of Oakland ALt g iu the�SCawt9 1 7 Commonwealth of Pennsylvania ss. County of LV rr i`/Ltu� On the (0 \ day of 2014, before me, a Notary Public in and for said County and State, the undersi cer, personally appeared Linda S. Millard, IRA Beneficiary of the Estate of Dorothy E. Frank, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained, and desired the same might be recorded as such. IN WITNESS WHEREOF,I hereunto set my hand and official seal. Notary Public CortunwlWOM of PA NCTARLALSEAL IGmberlyA.Maher.Notary Pubk UpperAOen Up.,Cumbetand Coumy My commfaslon mom Nov.9.2615 8 State of New YO K ss. County of enec. Q On the /8 day of r4_46riia ,-,1 2014, before me, a Notary Public in and for said County and State, the undersi ied officer, personally appeared Harriett Weinstock, IRA Beneficiary and Residuary Benefice y of the Estate of Dorothy E. Frank, known to me (or satisfactorily proven)to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained, and desired the same might be recorded as such., IN WITNESS WHEREOF, I here unt s my hand and cial seal. tary 1' SARAH LaMALFA Notary Public-State of New York No.01-CO6214132 Qualified in Schenectady County My Commission Exp.November 30,2017 9 Commonwealth of Pennsylvania ss. County ofjCkmbe.61aa51. , On the day of C 'r°�rIJGLr tq 2014, before me, a Notary Public in and for said County and State, the undersigned officer, personally appeared Stephanie Millard, Residuary Beneficiary of the Estate of Dorothy E. Frank, known to me (or satisfactorily proven)to be the person whose name is subscribed to the within instrument, and acknowledged that she executed the same for the purposes therein contained, and desired the same might be recorded as such. IN WITNESS WHEREOF, I hereunto set my hand and official seal. Common Wealth of PA 6E'— L NOTARIAL SEAL r/G Parvin M.Mehrtash,Notary Pubric Upper Allen Twp.,Cumberland County Notary Public MY Commission Expires Mamh 07,2076 10 State of R 60 Lk, County of L—(ryl ss. On the — N day of R;Nmanj 2014, before me, a Notary Public in and for said County and State, the undersign officer, personally appeared Eric Millard, Residuary Beneficiary of the Estate of Dorothy E. Frank, known to me (or satisfactorily proven)to be the person whose name is subscribed to the within instrument, and acknowledged that he executed the same for the purposes therein contained, and desired the same might be recorded as such. IN WITNESS WHEREOF,I hereunto set my hand and official seal. Notary P lic KRISTEN MURPHY Commission#EE 139225 '?`• as Expires October 18,2015 11