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HomeMy WebLinkAbout06-03-14 RECORDED OFFICE OF F.W1LHS%0imtA7259 M S n7259 T917259.3U StycA72593U.pnidw REGISTER Or WILLS No V. Otto ]II, Esquire 2014 JUN 3 PM 3 23. I.D. No. 27763 - Seth T. Mosebey, Esquire CLE'K OF I.D. No. 203046 ORPHANS' COURT MARTSON DEARDORFF WILLIAMS OTTO GILROY & FALLER CUMDERLWID CO., PA MARTSON LAW OFFICES 10 East High Street Carlisle, PA 17013 (717) 243-3341 Attorneys for Manufacturers and Traders Trust Company In Re: Mary Catherine Stayer Burns : IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA No. 2014- L 5 ORPHANS' COURT DIVISION PETITION TO MAKE A FINDING AND DECREE OF ABSENTEE DEATH AND NOW,comes Manufacturers and Traders Trust Company,by and through its attorneys, MARTSON LAW OFFICES, and hereby petitions for a finding and decree of absentee's death pursuant to 20 P.S. § 5701 et seq. and in support thereof avers as follows: 1. Manufacturers and Traders Trust Company("Petitioner")is a New York corporation with an address of 1 West High Street, Carlisle, Pennsylvania 17013. 2. This Petition seeks a finding and decree of death of Mary Catherine Stayer Burns ("Absentee"). 3. Morrison Clay Stayer executed a Trust Agreement dated July 20, 1967. A true and correct copy of the Trust Agreement is attached hereto and incorporated herein as Exhibit "A." 4. The Trust Agreement established a trust for the benefit of his son,William K.Stayer, and daughter-in-law, Wanda B. Stayer. 5. William K. Stayer predeceased his wife,and on April 21,2010,Wanda B. Stayer,the sole remaining beneficiary of the trust, died. 6. Absentee is the granddaughter of Morrison Clay Stayer, and the stepdaughter of Wanda B. Stayer. 7. Under the terms of the trust established by Morrison Clay Stayer, Absentee and Thomas K. Stayer were the residual beneficiaries of the trust. 8. Pursuant to Paragraph 6 of the Trust Agreement,Absentee and Thomas K. Stayer are each entitled to 50% of the residue of the trust. 9. Pursuant to the terms of Paragraph 7 of the Trust Agreement, Absentee's issue are entitled to received Absentee's share of the trust if she died before receiving full distribution of her share. 10. The following are Absentee's issue who are entitled to receive Absentee's share of the trust: a. Amy Burns, 466 Crescent Street, #225, Oakland, California 94610; b. Jenny Burns, 1113 Ranleigh Way, Piedmont, California 94610; C. Patrick Burns, 5653 Maxwelton Road, Oakland, California 94618; and d. Timothy Burns, 140 Florence Avenue, Oakland, California 94618. 11. Farmers Trust Company was appointed Trustee under the terms of Morrison Clay Stayer's Trust. 12. Petitioner is the successor to Farmers Trust Company. 13. Petitioner distributed the residual share of the trust due to Thomas K. Stayer to Thomas K. Stayer. 14. Petitioner has been unable to locate Absentee to distribute the residual share to her and terminate the Trust. 15. Absentee's residual share is valued at approximately $415,000.00. 16. Absentee is not married. 17. The individuals identified in Paragraph 10 are the sole heirs at law ofAbsentee. Each ofthe heirs has executed a Joinder,which are attached hereto and incorporated herein as Exhibit`B." 18. Despite their efforts to contact Absentee, Petitioner and the sole heirs have had no contact with Absentee since April 2007. 19. Petitioner last had contact with Absentee in January 2006, at which time she was living in Buffalo, New York. 20. Absentee's children have attempted to locate Absentee through the following efforts: (a) Filing a missing persons report with the police department in Buffalo, New York; (b) Filing a missing person/runaway report with the Oakland,California, Police Department on April 30, 2004; (c) Filing a missing persons report with the City of Piedmont, California; (d) Writing to the Social Security Administration to request an address for Absentee; (e) Hiring a private investigator; (f) Placing newspaper advertisements in Buffalo, New York, and Phoenix, Arizona (where Absentee's children believe she last resided); and (g) Conducting numerous searches through internet databases and locator services. 21. Neither Petitioner nor Absentee's children knowwhere Absentee is currently residing or if Absentee is still living. 22. Petitioner has attempted numerous searches to locate Absentee but these efforts have proven to be unsuccessful. 23. Under Section 5701(e) of the Pennsylvania Estate and Fiduciaries Code, a court having jurisdiction of the estate or trust of an absentee may make a finding and decree of death regardless of whether the Absentee was domiciled or last resided in the Commonwealth. 24. An unexplained absence from the Absentee's last known place of residence may be a sufficient ground for finding that the Absentee died seven years after she was last heard of 20 P.S. § 5701(b). 25. In this case, Absentee has disappeared from her last known place of residence in excess of seven years without being heard from, and Petitioners have made diligent inquiries to locate her. 26. Specifically, Absentee was last heard of in April 2007 and has not been heard of since. 27. Furthermore, in this case,the appointment of a trustee is not necessary,as Petitioner is currently serving as trustee of Absentee's property at issue in this matter. 28. Pursuant to Section 5704 of the Pennsylvania Estate and Fiduciaries Code, if the Court is satisfied concerning the interest of the Petitioner and the sole heirs,Petitioner shall advertise notice of the proceedings in a newspaper of general circulation and legal journal in the county of the Absentee's last known residence once per week for four consecutive weeks,or such shorter time as this Court may determine. 29. If the Court is satisfied regarding the absence from the individual's residence and the inquiry made to locate the Absentee, the Court may make a finding and decree that the Absentee is dead and the date of that death. 20 P.S. §5701. 30. Upon entry of a decree establishing the death of the Absentee,the Absentee's real and personal property shall be administered by his or her personal representative as in the case of other decedents. 20 P.S. §5703. 31. Pursuant to 20 P.S. § 5703, the court, in awarding distribution, shall require that a refunding bond shall be executed by executed by each distributee and filed with the clerk. 32. The refunding bond may be filed without security in the court's discretion. 20 P.S. § 5703. WHEREFORE, Petitioner requests that this Court issue an Order: (a) requiring Petitioner to advertise notice of these proceedings in a newspaper of general circulation and legal journal in both Buffalo,New York, and Phoenix, Arizona; (b) making a finding and decree that Mary Catherine Stayer Burns is deceased; and (c) making distribution of Absentee's share of the residue under the Trust Agreement to Absentee's children equally and requiring each of Absentee's children to file a refunding bond with the clerk. MARTSON LAW OFFICES By: J . 0Za4 No V. Otto, III, Esquire I.D. No 27763 Seth T. Mosebey, Esquire I.D. No. 203046 10 East High Street Carlisle, PA 17013 (717) 243-3341 Date: 6/3 JI y Attorneys for Manufacturers and Traders Trust Company TRUST AGREEMENT THIS AGREEMENT made this 0 day of July, 1967, between MORRISON CLAY STAYER, also known as MORRISON C. STAYER, M. CLAY STAYER and MC. STAYER, of 504 West South Street, Carlisle, Pennsylvania, hereinafter called the SETTLOR, and FARMERS TRUST COMPANY, of Carlisle, Pennsylvania, hereinafter called the TRUSTEE, WITNESSETH: 1, The Settlor shall set over and transfer unto the Trustee the items. of personal property set forth in Schedule A hereto attached, to be held by the Trustee in trust as hereinafter specified. 2. The corpus of this trust shall consist of the personal property set forth in Schedule A attached hereto. 3. The Trustee shall hold, invest and reinvest the corpus of this trust in accordance with the trustee's beet judgment, without restriction to legal trust investments, and may retain in kind any personal property set forth in Schedule A. 4. The Trustee shall apply the net income for the benefit of the Settlors eon and daughter-in-law, William K. Stayer and Wanda H. Stayer, in monthly or other convenient installments, without anticipation or sequestration, and free from all liens, attachments and executions or other claims to be made against the said income beneficiaries, the amount of such income distributed to be at the discretion of the Trustee, and any . amount not so distributed to be accumulated. In determing the amount to be paid to the income beneficiaries the Trustee shall consider the assets, resources, income and earnings which are available to the income beneficiaries, as well as their circumstances and requirements, but any distributions of income shall be at the sole discretion of the Trustee. 5. The Trustee shall in his own discretion allocate stock dividends either to principal or income or both. 6. Upon the death of both of the income beneficiaries the Trustee shall hold the corpus of said trust as well as any accumulated and =die- tributed income in further trust in equal shares for the children of William K. Stayer, and shall pay to each grandchild or apply for the benefit of said grandchild so much of the income as the Trustee may deem proper, and shall distribute to each grandchild upon attaining the age of 21 years one-third of the principal of said grandchildte share, and upon attaining the age of 25 years, one-half of the then remaining principal of said trust, and upon attaining the age of 30 years, the remainder of said trust. 7. If any grandchild dhsll die before receiving full distribution of his or her share of said trust, leaving issue to survive, said issue shall take the share of said grandchild by representation, but in default of . issue, the share of said grandchild shall then be paid to the other remaining grandchild or grandchildren if living, or if deceased to his or her issue, and'if there shall be no surviving grandchild and no surviving issue, then the remaining principal of said trust shall be distributed to Carlisle Hospital. 8. This agreement shall be irrevocable. 9. ' Trustee shall be paid reasonable compensation upon the invested corpus of the trust and upon the income received, and disbursed in accordance with this agreement. IN WITNESS WHEREOF[ the Settlor has hereunto set his hand and seal and Trustee has caused this agreement to be executed in its corporate name by its Trust Officer.'�J�� �(Yi�t'1/LtAfip'l. SEAL) orrieo Clay Stay FAR ERS T O ANY BY Trust Officer In Re: Mary Catherine Stayer Burns : IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA No. 2014- : ORPHANS' COURT DIVISION JOINDER 1,Amy Burns,having read and considered the contents of the foregoing Petition,do herewith waive the benefit of all requirements of notice of the presentation, or service upon me, of said Petition, do authorize the Court to note my general appearance in said proceeding as though I had appeared personally or by counsel,do herewith waive all objections to the Court's jurisdiction over my person, and do herewith join in the prayer of the said Petition. Amy Burns STATE OF CALIFORNIA ) SS. COUNTY OF } On the a3 day of j}�,,__ in the year 2014, before me, the undersigned, a Notary Public in and for said Commonwealth, personally appeared Amy Burns, perw4a y mown to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. Notary Public R IE VEkfdAt�" O UOUSC1:70528 ALAMMA ry MA ^ w J N(IrAMPI�{M,•G41FOpy� COWM x : , `J"r Yfl!l�A'i~'�l'JJA K +� E!OS,i Afik,sr„1x7 avtalctmd3 AAA -Y^.��rrra+tr+tt"� •�«,w.a'n^'vi"v'MwvrY✓MWtN''�.w±.w , �AWSQ??lA�r�llgil5 T5�RTp4, 1'TNW�RU3VAIR. }}}$ arat,rs�Mer,�F�••rseemm.� „v...n,$ ' .ihVXdJJ�M>tN`NNNMMi�''� In Re: Mary Catherine Stayer Burns : IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA No. 2014- : ORPHANS' COURT DIVISION JOINDER I,Jenny Burns,having read and considered the contents ofthe foregoing Petition,do herewith waive the benefit of all requirements of notice of the presentation, or service upon me, of said Petition, do authorize the Court to note my general appearance in said proceeding as though I had appeared personally or by counsel,do herewith waive all objections to the Court's jurisdiction over my person, and do herewith join in the prayer of the said Petition. nny Burns STATE OF CALIFORNIA ) SS. COUNTY OF ) On the;3 day of ILA, �, in the year 2014, before me, the undersigned, a Notary Public in and for said Commonwealth,personally appeared Jenny Burns,p sown to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. A l� Notary Public W�Rrauguc. LN0 AuAWDk r Coftlb WI MI, I RECEIVED MAY 2 2014 MARTSO(V f!�J��i?1SP:1n JI1BL'CYpAliti? py. , ]MI'h'.bY1v44Y/AN VN%•Y.I,RYA�`t V.•h\YI' In Re: Mary Catherine Stayer Burns : IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA No. 2014- : ORPHANS' COURT DIVISION JOINDER I, Patrick Burns, having read and considered the contents of the foregoing Petition, do herewith waive the benefit of all requirements of notice of the presentation, or service upon me, of said Petition, do authorize the Court to note my general appearance in said proceeding as though I had appeared personally or by counsel, do herewith waive all objections to the Court's jurisdiction over my person, and do herewith join in the prayer of the said Petition. Patrick Burns STATE OF CALIFORNIA ) SS. COUNTY OF ) On the day of in the year 2014, before me, the undersigned, a Notary Public in and for said Commonwealth,personally appeared Patrick Burns,pawn to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. V Notary Public MorMr # AurJMM �oouelr Awl"ll n. � WjMW* YRW' A � pHIS�NJJE3u4pt3 ru•:Y�a'f v.er {5{$ YMY/NY+rHrN'+Yf'/'fr�'r!e'.MJ'!Y:.YMY In Re: Mary Catherine Stayer Burns : IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY,PENNSYLVANIA No. 2014- : ORPHANS' COURT DIVISION JOINDER I, Timothy Burns, having read and considered the contents of the foregoing Petition, do herewith waive the benefit of all requirements of notice of the presentation,or service upon me,of said Petition, do authorize the Court to note my general appearance in said proceeding as though I had appeared personally or by counsel,do herewith waive all objections to the Court's jurisdiction over my person, and do herewith join in the prayer of the said Petition. Timothy Burn STATE OF CALIFORNIA ) SS. COUNTY OF On the_day of e year 2Q14, before me, the undersigned, a Notary Public in and for said Comm ealth, personally appeared Timothy Burns, personally known to me or proved to me e basis of satisfactory evidence to be the individual whose name is subscribed to the w' n instrument and acknowledged to me that he executed the same in his capacity, and t y his signature on the instrument, the individual, or the person upon behalf of which t ndividual acted, executed the instrument. Notary Public STATE OF CALIFORNIA COUNTY OF 6!I7 A/JurIrd On A GGL before me, Juliana Curmi,Notary Public, personally appeared irr+S who proved to me on the basis of satisfactory evidence to be the perso whose name fare subscribed to the within instrument and acknowledged to me thatg/s a/they executed the same inji Yher/their authorized capacity,(ies) and that by ler/them signaturon the instrument the person , or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. rA JULIANA CURMI Commission a 2037738 k^tary public .Calitoroll sn r•ancisco County Signatur M Comm.E lies Al 10 2017 (seal) General Acknowledgment.dotm r aF. 7 RECEIVED JUN 0 2 20% MARI-SON VERIFICATION ],James A.Smiley,Assistant Vice President for Manufacturers and Traders Trust Company, acknowledge that I have the authority to execute this Verification on behalf of Manufacturers and Traders Trust Company and certify that the foregoing Petition is based upon information which has been gathered by my counsel in the preparation of the lawsuit. The language of this document is that of counsel and not my own. I have read the document and to the extent the Petition is based upon information which 1 have given to my counsel, it is true and correct to the best of my knowledge, information and belief. To the extentthe content of the Petition is that of counsel,I have relied upon counsel in making this Verification. This statement and Verification are made subject to the penalties of 18 Pa. C.S. § 4904 relating to unsworn falsification to authorities, which provides that if I knowingly make false averments, I may be subject to criminal penalties. MANUFACTURERS AND TRADERS TRUST COMPANY By: a. J �' es A. Smiley, Assistant i President FAMFZOimt\7259 hl k n7259 TmA7259.384 Sth5 M59.3N.pctitjM