HomeMy WebLinkAbout08-21-14 OIL,II , OF
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20h AUG 21 AM 11 : 44
IN THE MATTER OF THE
ESTATE OF THOMAS A. WILDMAN,
DECEASED ORPH N'S COUR1
CUMBERLAND CO.. PA
REGISTER OF WILLS IN AND FOR CUMBERLAND COUNTY, PENNSYLVANIA
File No. 21-12-0282
ESTATE SETTLEMENT AGREEMENT
THIS AGREEMENT, made this day of July 2014,
WITNESSETH :
THE CIRCUMSTANCES leading up to the execution of this Agreement are as follows:
1. Thomas A. Wildman(the"Decedent")died intestate on January 1,2012. On March
6, 2012, the Register of Wills of Cumberland County, Pennsylvania, granted Letters of
Administration to Margaret A. Gilhooly as Administratrix of the Estate of Thomas A. Wildman,
deceased(the "Administratrix").
2. Margaret A. Gilhooly, Richard A. Wildman, and Andrew T. Wildman (the
Beneficiaries")desire the Administratrix to settle the Estate informally in order to avoid the expense
and delay involved with the formal adjudication of a First and Final Account by the Orphans'Court
Division of the Court of Common Pleas of Cumberland County, Pennsylvania(the "Court").
3. The Beneficiaries desire to forever settle and compromise any and all claims and
rights which they may possess,now or hereafter,in the Estate and to confirm their acceptance of the
Informal Account(the"Account")which is attached hereto as Exhibit"A" and incorporated herein
by this reference. The Beneficiaries desire that the terms of the Account be in full satisfaction of
their rights in the Estate.
4. The Beneficiaries wish to release the Administratrix and to indemnify her against any
and all claims that may be asserted against the Estate or the Administratrix after the date hereof.
5. The Administratrix is willing to settle the Estate informally in consideration of the
indemnifications hereinafter provided by the Beneficiaries.
NOW, THEREFORE, in consideration of the foregoing and intending to be legally bound,
the Beneficiaries, for themselves,their heirs, personal representatives, successors and assigns:
1. Represent and warrant that they have read and understand this Agreement and
confirm that the facts set forth above are true and correct,to the best of their
knowledge, information, and belief.
2. Acknowledge receipt of a copy of the Account.
3. Declare that they have had the opportunity to review the Account and based
upon an examination(or on their decision not to make such an examination),
they are satisfied they have sufficient information to make an informed
waiver of their right to a formal accounting with the Court, and do hereby
waive the filing and auditing of the same.
4. Accept the Account,examined or not,as if the same had been duly filed with
and audited, adjudicated, and confirmed absolutely by the Court.
5. Acknowledge that the distributive share or amount received shall be in full
satisfaction of their respective entitlements under the Will,and acknowledge
that they have received their respective shares.
6. Release, remise, quitclaim and forever discharge the Administratrix, her
heirs,personal representatives, successors and assigns, from and against all
claims that they,as residuary legatees and heirs had,now have,or may in the
future have, in connection with the Estate.
7. Agree to refund on demand, all or any part of any aforesaid distribution,
which has been determined by the Administratrix,or by the Court,or by any
court of competent jurisdiction to have been improperly made.
8. Agree to indemnify and hold harmless the Administratrix,her heirs,personal
representatives, successors and assigns,from and against any and all claims,
loss, liability or damage (whether or not related to the negligence of the
Administratrix) that may hereafter be asserted against the Estate or against
the Administratrix.
9. Consent to the Court exercising personal jurisdiction over them in any suit or
action arising out of the enforcement of this Agreement.
IN WITNESS WHEREOF,and intending to be legally bound,the Beneficiaries have placed
their hands and seals on the attached Consent to this Estate Settlement Agreement.
(REMAINDER OF PAGE INTENTIONALLY LEFT BLANK-
SIGNATURE PAGES TO FOLLOW)
CONSENT TO FAMILY SETTLEMENT AGREEMENT
1, Margaret A. Gilhooly, hereby consent to and join in the Estate Settlement Agreement
relating to the Estate of Thomas A. Wildman, deceased, a copy of which Estate Settlement Agree-
ment has been provided to me.
Date ar aret A Gilhooly, Administratrix
and Beneficiary 14
COMMONWEALTH OF PENNSYLVANIA
: ss:
COUNTY OF CUMBERLAND
On this, the 1 41" day of July 2014, before me, the undersigned officer, personally
appeared Margaret A.Gilhooly,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 in the
capacities and for the purposes therein contained.
IN WITNESS WHEREOF, I hereunder set my han/d� and official seal.
COMMONWEALTH OF ►ENNMVM
Moladal Seal
Amy L. Haines, Notary Public Not Public
Lemoyne Ooro, Cumberland Counq
My Commission Expires Oct. 22, 2017
MlMal1�IlMNlYLWNI�.LfrOL1.LTlON O!MOTMira
CONSENT TO FAMILY SETTLEMENT AGREEMENT
I, Andrew T. Wildman, hereby consent to and join in the Estate Settlement Agreement
relating to the Estate of Thomas A. Wildman, deceased, a copy of which Estate Settlement Agree-
ment has been provided to me.
- 7-
Date Andrew T. Wildman
Beneficiary
COMMONWEALTH OF PENNSYLVANIA
o ss:
COUNTY OF
On this,the day of 4u=2014,before me, the undersigned officer, personally
appeared Andrew T. Wildman,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 in the capacities
and for the purposes therein contained.
IN WITNESS WHEREOF, I hereunder set my hand and official seal.
Not PH OF PENNSYI� lA
11 0 don p•.xpMvta rs:fa�nox a'
CONSENT TO FAMILY SETTLEMENT AGREEMENT
I, Richard A. Wildman, hereby consent to and join in the Estate Settlement Agreement
relating to the Estate of Thomas A. Wildman, deceased, a copy of which Estate Settlement Agree-
ment has been provided to me.
t
Date LRidA. Wil man
Beneficiary
COMMONWEALTH OF PENNSYLVANIA
ss:
COUNTY OF CUMBERLAND
On this, the day of 1 2014, before me,the undersigned officer, personally
appeared Richard A.Wildman,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 in the capacities
and for the purposes therein contained.
IN WITNESS WHEREOF, I hereunder set my hand and official seal.
*OPublic
NOTARWLSEAL
LORRIE A.SHEPPS,Notary Public
Hampden Tmnehlp,Cumbertend County
my Ca nwm E)om September 01,2017
IN THE MATTER OF THE
ESTATE OF THOMAS A. WILDMAN,
DECEASED
REGISTER OF WILLS IN AND FOR
CUMBERLAND COUNTY, PENNSYLVANIA
File No. 21-12-0282
Exhibit A
ASSETS
1. PNC Bank— Personal Checking Account $ 6,007.43
2. Ameritrade 205.46
3. Stock of Wildman Home Products, Inc. . 21,490.36
Total $27,703.25
TOTAL ASSETS $27,703.25
IN THE MATTER OF THE
ESTATE OF THOMAS A. WILDMAN,
DECEASED
REGISTER OF WILLS IN AND FOR
CUMBERLAND COUNTY, PENNSYLVANIA
File No. 21-12-0282
Exhibit B
TOTAL DEBTS AND COSTS PAID
1. Pecht & Associates, PC —Attorney's Fees $ 3,750.00
2. Register of Wills, Cumberland County
Probate Fees $ 88.50
3. Bank of America — Credit Card $ 3,000.00
4. Cumberland Law Journal — Estate Legal Advertisement $ 75.00
5. Patriot News — Estate Legal Advertisement $ 116.45
6. Pfister and Rompalo, PC - $ 135.00
T. A. Wildman 2011 Federal and PA Income Tax Returns
7. Richard Wildman — Reimbursement $ 2,321.06
Probate Fees, Fellowship following funeral
8. Richard Wildman— Reimbursement
Headstone Rolling Green Cemetery $ 1,782.00
9. Robin Gasperetti— Reimburse funeral expenses $ 1,103.00
10. West Shore — EMS $ 248.82
11. Register of Wills, Cumberland County $ 30.00
Filing Fee — Inheritance Tax Return and Inventory
12. Register of Wills, Cumberland County $ 15.00
Additional Probate Fee
13. Register of Wills, Cumberland County
Filing Fee — Estate Settlement Agreement $ 20.00
14. Register of Wills, Cumberland County
Filing Fee — Supplemental Inheritance Tax Return
and Inventory $ 30.00
15. Register of Wills, Cumberland County
Additional Probate Fees $ 45.00
16. Register of Wills, Agent
Inheritance Tax $ 871.18
Total $ 13,631.01
TOTAL DEBTS $ 13,631.01
IN THE MATTER OF THE
ESTATE OF THOMAS A. WILDMAN,
DECEASED
REGISTER OF WILLS IN AND FOR
CUMBERLAND COUNTY, PENNSYLVANIA
File No. 21-12-0282
Exhibit C
Distributions to Beneficiaries
1. Margaret A. Gilhooly $ 4,690.74
2. Richard A. Wildman $4,690.75
3. Andrew T. Wildman $4,690.75
TOTAL ASSETS DISTRIBUTED $14,072.24
PECHT& ASSOCIATES, P.C.
650 North Twelfth Street
Suite 100
Lemoyne, PA 17043
Wayne M. Pecht Telephone: 717-691-9808
Member of California Bar Fax: 717-695-6550
LLM in Taxation wpecht @pechtlaw.com
www.pechtlaw.com
Rob Bleecher
August 20, 2014
Lisa M. Grayson, Esquire
Register of Wills
Cumberland County Courthouse
One Courthouse Square
Carlisle, PA 17013-3387
Re: Estate of Thomas A. Wildman, deceased
File Number. 21-12-0282
Dear Lisa:
Enclosed for filing with your office in the above-referenced matter are an original and two (2)
copies of an Estate Settlement Agreement, together with our check in the amount of $20.00,
representing the fee for filing same.
We have also enclosed for filing an original and two (2) copies of the final Status Report.
Please return all date-stamped copies to me in the enclosed self-addressed, stamped envelope.
If you have any questions, please call me. Thank you for your anticipated cooperation.
Very truly yours,
PECHT & SSOCIATES, PC
C�aZF-. N rii �Q
Wayne M. echt °�✓'
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WMP/alh
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Enclosures
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