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HomeMy WebLinkAbout05-09-14 -qq FAMILY SETTLEMENT AGREEMENT THIS AGREEMENT by and between Jay Strike Carlin, and Brian Wintrode Carlin, individually and Jay Strike Carlin, Executor of the Estate of Geraldine W. Carlin, Deceased of Wormleysburg, Cumberland County, Pennsylvania. WHEREAS, Geraldine W. Carlin, who resided at 31 South Second Street, Wormleysburg, Cumberland County, Pennsylvania having left her Last Will Testament dated October 9,199 1, which was duly admitted to probate by the Register of Wills of Cumberland County at number 2012-00594 on May 25, 2012; and WHEREAS,Jay Strike Carlin has been duly appointed as Executor of the Estate of Geraldine W. Carlin, Deceased; and WHEREAS, the Parties in interest under the Last Will and Testament of Geraldine W. Carlin , Deceased, are: � 6 Brian Wintrode Carlin 6 rnxc> -� cna Jay Strike Carlin nip m coo WHEREAS, each of the parties to this Agreement has been furnished with pc2iplete hstiiiL�b the estate assets, receipts and disbursements as set forth on the Accounting`.W aaatached` eretF3fM marked as Numbers "4, 5 and 6"; and n r\) N C WHEREAS, it is the desire of the parties to this Agreement that final distribution of this estate be accomplished without a formal accounting to the Register of Wills, Cumberland County, Pennsylvania, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting; and WHEREAS, the parties to this Agreement each acknowledge to have received a final Distribution attached hereto and marked as Numbers "IA and 113"; and NOW, THEREFORE, WITNESSETH, in consideration of the mutual promises, covenants and agreements recited herein the parties do agree as follows: 1. Each of the parties to this Agreement does hereby release and forever discharge Jay Strike Carlin, Executor, from any and all liability which may from time to time arise in connection with his service as Executor of the Estate of Geraldine W. Carlin, Deceased. The parties do further agree to indemnify and hold harmless said Jay Strike Carlin, Executor, from any and all liability which may arise against the estate from creditors or other claimants. �ilL 2. Each of the parties does hereby acknowledge receipt of the assets described on the Memorandum of Distribution attached hereto. 3. Each party to this Agreement acknowledges that this Agreement shall be indexed and recorded in the estate proceedings and that the terms hereof shall be binding upon their respective heirs, successors, administrators, and assigns. 4. This Agreement shall be governed by the laws of Pennsylvania. Dated at U Q WcR �l this day of o�]20_/ � #OoRy ptlazr GLENDAJ.HOCKER My AppC Fes. i IN THE PROBATE COURT NUMBER 21-12-0594 CUMBERLAND COUNTY, PENNSYLVANIA IN THE MATTER OF THE ESTATE GERALDINE W. CARLIN Geraldine W. Carlin, Deceased. RECEIPT AND RELEASE I, Brian W. Carlin, a beneficiary of the Estate of Geraldine W. Carlin, acknowledge receipt of all distributions from the Estate to which I may be entitled from the Executor, Jay S.Carlin, ("Executor"). The property I have received is described as follows: Check in the amount of$67,997.00 which represents 50% of the net estate of Geraldine W. Carlin I also release the Executor from any further liability with respect to the Estate and waive all future rights to contest the executor's distribution of the Estate and the manner in which the Executor carried out his duties. 1 Dated the R4 of l 2014. POINAY P0,91 GLENDAJ.HOCKER APPLExp. C �Q ESTATE OF GERALDINE W. CARLIN 1. Check in the amount of $67,997.00 made payable to Brian W. Carlin 2. Short certificate— Cumberland County 3. Certificate of Grant of Letters 4. Member First Credit Union Account statements for Estate of Geraldine W. Carlin 5. Estate Checking Account final 6. Estate Tax Returns and Pennsylvania Inheritance and Tax Official Receipt