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HomeMy WebLinkAbout08-25-14 (3) , ' IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA � ��� ) ORPHANS' COURT T��SIOl� � ,,�;' � �� � � � � MARITAL TRUST UNDER WILL ) j� � " C' � � m_r �,` �_._ cx 3 � ^^ ° �'�"T N (;7 7".��.�! OF ROBERT M. MUMMA, ) Number 21-86-0398 `: ;�' `r' a•� � Deceased ) � �::� � ���:' �; � .,; � ::';� o ,��'-= ,.� �-- �c cr, c� OBJECTIONS TO ACCOUNT OF THE MARITAL TRUST "' �'' UNDER THE WILL OF ROBERT M. MUMMA DECEASED Barbara M. Mumma, by her attorneys, hereby objects to the Account of the Marital Trust Under the Will of Robert M. Mumma, Deceased for the period January 1, 2013 to December 31, 2013 and states as follows: 1. Objectant, Barbara M. Mumma, is an individual who resides in Irvington, Virginia 22480. She is the daughter of the Decedent, Robert M. Mumma. 2. Objectant is a beneficiary entitled to twenty-five percent (25%) of the remaining Trust assets. 3. The Trustees of the Trust were the Objectant's mother, Barbara McK. Mumma, and Objectant's sister, Lisa M. Morgan. Barbara McK. Mumma died on July 17, 2010, leaving Lisa M. Morgan as the sole remaining Trustee. - 1 - � 4. On or about March 9, 2004, the Trustees filed a prior accounting for the period from April l, 1991, through December 31, 2003, known as the Fourth and Interim Account (the "Prior Account"). 5. Objectant filed objections (the "Prior Objections") to the Prior Account. Some of the Prior Objections have not been finally decided and the matter is on appeal to the Superior Court of Pennsylvania at this time. 6. The ultimate disposition of the Prior Objections will have a direct impact on this Account. 7. Objectant hereby incorporates and restates the pending Prior Objections as objections to this Account. ACCOUNTING FEES 8. The Trustee seeks credit for accounting fees in the amount of $11,762.50. 9. Although the Trustee has not provided documentation regarding these charges, it appears that many of these charges are personal to the Trustee and/or represent charges relative to the Prior Objections. 10. It has not been finally determined as to whether the Trustees are entitled to credit for expenditures made from Trust assets to defend their actions relative to the Prior Objections. - 2 - � 11. The Trust Estate should not bear the expense of personal accounting expenses nor those relative to the litigation for the Prior Objections until the matter is finally decided. LEGAL FEES 12. The Trustee has allocated only $15,447.58 as expenses for legal fees to the Marital Account, while allocating $210,636.08 to the Residuary Account for the same period. 13. Although Objectant submits that the total of the legal fees is excessive and unreasonable, the legal fees are misallocated between the Residuary Trust and the Marital Trust. The legal fees in question appear to involve both the Marital Trust and the Residuary Trust. 14. Many of these legal fees appear to be personal to the Trustee and/or represent charges relative to the Prior Objections. IMPROPER ALLOCATIONS BETWEEN INCOME AND PRINCIPAL 15. The Trustee has improperly calculated the income of the Trust. 16. The Trustee has failed to properly allocate expenses between income and principal and i8mproperly claim a substantial amount owed to the income account from the principal of the Marital Trust, which would improperly affects the interests of the beneficiaries of the trusts to the pecuniary benefit of the Trustee and the detriment of the other beneficiaries under the Will. - 3 - � 17. The Trustee has improperly allocated expenses between this Trust and the Residuary Trust 18. The Trustee improperly claims as a receivable from the Residuary Trust a receivable in the amount of $2,939,499.10 which improperly affects the interests of the other beneficiaries of the trusts to the pecuniary benefit of the Trustee and the detriment of the other beneficiaries under the Will. IMPROPER REFUSAL TO DISTRIBUTE 19. The Trustee has improperly refused to distribute the assets of the Marital Trust on the death of Barbara McK. Mumma in accordance with the express terms of the Will. 20. The balance of the Trust assets is properly distributable to the remainder beneficiaries as opposed to the estate of the Decedent's widow. 21. Objectant reserves the right to file additional Objections as needed prior to trial. WHEREFORE, Objectant respectfully requests that this Honorable Court order discovery; conduct an evidentiary hearing to review the management of the Trust; surcharge the Trustees for all improper expenditures made from the Trust; and grant such other relief as the Court may deem necessary and appropriate under the circumstances. - 4 - � Respectfully submitted, WILLIAMS COULSON JOHNSON LLOYD PARKER & TEDESCO, LLC Dated: August 23, 2014 ;� ,� Richar F. Rinaldo I.D. No. 33222) 16t'' Floor, One Gateway Center 420 Fort Duquesne Blvd. Pittsburgh, PA 15222 412-454-0259 (rrinaldo@will iamscoulson.com) Attorneys for Barbara M. Mumma - 5 - Certificate of Service I hereby certify that the Objections to the Marital Trust under the Will of Robert M. Mumma, Deceased was served this date by Federal Express, this 23rd day of August, 2014, postage prepaid, and by e-mail on August 25, 2014 addressed as follows: Ivo V. Otto, II, Esquire Martson Law Offices 10 East High Street Carlisle, PA 17013 WILLIAMS COULSON JOHNSON LLOYD PARKER & TEDESCO, LLC �� ` � � Richard F. Rinaldo (I.D. No. 33222) 16th Floor, One Gateway Center 420 Fort Duquesne Blvd. Pittsburgh, PA 15222 412-454-0259 (rrinaldo@williamscoulson.com) Attorneys for Barbara M. Mumma