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HomeMy WebLinkAbout05-01-14 (2) f n � . IN THE COURT OF COMMON PLEAS � o � � rn OF CUMBERLAND COUNTY, PENNSYLVANIA � s � � �-a � r_ �. t--- .__; �.J REGISTER OF WILLS *� ` r°�` � " '.''; _, � � , . . :.� � � . IN RE: Estate of Ann E. Bair : No. 21-10-1010 0 � ° 3 '_` 7'? Deceased, Late of : � � � � � Upper Allen Township . � w � o Cumberland County, PA : °p �t FAMILY SETTLEMENT AGREEMENT THIS AGREEMENT, made as of this �`�` day of /4 P�`'�l 2014, by and between Sheldon E, 13air as ExPcutor�nd Sheldon E. Bair as beneficiary. WHEREAS,Ann E. Bair, late of Upper Allen Township, Cumberland County, � Pennsylvania, died on September 30, 2010, testate; and WHEREAS, Letters Testamentary were issued on October 6,2010, to Sheldon E. Bair, where they remain of record at File No. 21-10-1010; and WHEREAS, a Pennsylvania lnheritance Tax Return was filed with the Register of Wills Office, as Agent for the Commonwealth of Pennsylvania, on behalf of the Estate of Ann E. Bair; and WHEREAS, all Pennsylvania inheritance tax was paid in full and clearance from the Department of Revenue has been received; and WHEREAS, any and all autstanding cbligations of the estate have been paid in full by the Executor; and WHEREAS,the party hereto is the only party in interest in the Estate of Ann E. Bair and desires that administration of the estate be completed without a formal accounting. (00816279/1} � _ _ _ , ,t e un ersigne oes ereby y these presents, remise, release, quit-claim and forever discharge the said Sheldon E. Bair, Executor, his heirs and assigns, of and from the payment of any other or further sum in satisfaction and payment of his share of the Estate of the said Decedent, and of and from all actions, suits, claims, duties and demands whatsoever arising therefrom. The undersigned further agrees to indemnify the said Sheldon E. Bair, Executor, and to hold him harmless from any claims or demands presented against the Estate of the said Decedent subsequent to the execution of this _R_elease, including, �ut not limited to, any federal, state ar local income taxes, transfer inheritance, estate or death taxes,together with any interest or penalties thereon and together with any costs, expenses and counsel fees associated therewith, if any. The undersigned agrees that he shall be firmly bound unto Sheldon E. Bair Executor of the Estate of Ann E. Bair and/or to CGA Law Firm, Attorneys for the Estate of Ann E. Bair, for the amount of any claims or demands presented against the Estate as set forth above, which agreement shall be deemed to be in the nature of a refunding agreement or bond. IN WITNESS WHEREOF, and intending to be legally bound hereby, the undersigned has executed this Release as of the date set forth above. Witness: ' � ` Sheldon E. air, Executor and Beneficiary r (00816279/1}2