HomeMy WebLinkAbout10-23-14 ib( ,��.
DECEDENT'S ESTATE
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY,PENNSYLVANIA
ORPHANS' COURT DIVISION
ESTATE OF LIIDIA A.HUTT , DECEASED
No. 21-13-0867
PETITION FOR ADJUDICATION/
STATEMENT OF PROPOSED DISTRIBUTION
PURSUANT TO Pa. O.C. Rule 6.9
This form may be used in all cases involving the Audit of the Account of a Decedent's Estate. If
space is insufficient, riders may be attached. Attach the spouse's election, if any; the papers
required under items 8-19 inclusive; and any instrument pertinent to the adjudication.
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Name of Counsel:
Ivo V. Otto III
Supreme Court I.D.No.: 27763
Name of Law Firm: Martson Law Offices
Address: 10 East High Street, Carlisle,PA 17013
Telephone: (717) 243-3341
Fax: (717)243-1850
Form OC-01 rev.10.13.06 Page I of 10
Estate of LIIDIA A. HUTT ,Deceased
1. Name(s) and address(es) of Petitioner(s):
Name: Manufacturers&Traders Trust Co.
address: One West High Street
Carlisle,PA 17013
Identify any executors or administrators who have not joined in the Petition for
Adjudication and Statement of Proposed Distribution and state reason:
None
Is this the first accounting by this fiduciary? . . . . . . . . . . . . . . . . . . . . . Yes El No
If not, identify prior accountings,the accounting periods covered, and the date of
adjudication of the prior accounting.
2. Decedent died on July 21, 2013
Letters Testamentary or Letters of Administration were granted to Petitioner(s) on
Auaust 8. 2013
Date of Will (if applicable): October 14, 2008
Date(s) of Codicil(s) (f applicable): None
Date of probate (f different from date Letters granted): Not applicable
Was a bond required? IOYes 0 No If yes, state amount:
Are proofs of advertising of the grant of Letters attached? . . . . . . . . . 0 Yes No
Dates of advertising of the grant of Letters:The Sentinel-October 9, 16 and 23, 2013
Cumberland Law Journal -October 18, 25 and November 1,2013
Form OC-01 rev.10.13.06 Page 2 of 10
Estate of LIIDIA A.HUTT , Deceased
3. Was decedent survived by a spouse? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . El Yes [Z]No
If yes, name of the surviving spouse:
4. Has the surviving spouse filed to take an elective share? . . . . . . . . . . . . . Yes ®✓ No
(See Section 2201 et sem. of the Probate, Estates and Fiduciaries Code)
If yes, date of election:
5. In the case of an intestacy, state the names of the decedent's surviving children or
surviving issue of deceased children (if none, so state):
None
6. Did decedent marry after execution of Will or Codicil(s)? . . . . . . . . . . . R Yes R3 No
Were any children born to decedent after execution of
Will or Codicil(s)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 Yes [Z] No
If yes, give names and dates of birth:
Name: Date of Birth:
7. If required by the Medical Assistance Estate Recovery Act,
62 P.S. § 1412, was a request for a statement of claim sent to
the Department of Public Welfare? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Z]Yes E] No
Form OC-01 rev.10.13.06 Page 3 of 10
Estate of LIIDIA A. HUTT ,Deceased
8. Written notice of the Audit as required by Pa. O.C. Rules 6.3, 6.7 and 6.8 has been or will be
given to all parties in interest listed in item 9 below, all unpaid creditors and all claimants
listed in item 10 below. In addition,notice of any questions requiring Adjudication as
discussed in item 14 below has been or will be given to all persons affected thereby.
A. If Notice has been given, attach a copy of the Notice as well as a list of the names
and addresses of the parties receiving such Notice.
B. If Notice is yet to be given, a copy of the Notice as well as a list of the names and
addresses of the parties receiving such Notice shall be submitted at the Audit
together with a statement executed by a Petitioner or counsel certifying that such
notice has been given.
C. If any person entitled to Notice is not sui juris(e.g., minors or incapacitated
persons),Notice of the Audit has been or will be given to the appropriate
representative on such party's behalf as required by Pa. O.C. Rule 5.2.
D. If any charitable interest is involved,Notice of the Audit has been or will also be
given to the Attorney General as required under Pa. O.C. Rule 5.5. In addition,the
Attorney General's clearance certificate (or proof of service of Notice and a copy
of such Notice) must be submitted herewith or at the Audit.
9. List all parties (charitable and non-charitable) of whom Petitioner(s) has/have notice or
knowledge, having or claiming any interest in the estate as beneficiaries under the Will or
Codicil(s) or as intestate heirs if there is a complete or partial intestacy:
A. State each party's relationship to the decedent and the nature of each party's
interest(s):
Name and Address of Each Party in Interest I Relationship and Comments,if any I Interest
Estonian Students Fund in USA, Remainder Beneficiary 100%of residue
Inc.
243 East 34th Street
New York,NY 10016
John L. Downing, Deputy
Attorney General, Commw. PA
14th Floor, Strawberry Square
Harrisburg,PA 17120
Form OC-01 rev.10.13.06 Page 4 of 10
Estate of LIIDIA A. HUTT ,Deceased
Name and Address of Each Party in Interest I Relationship and Comments,if any I Interest
B. Identify each party who is not sui juris (e.g., minors or incapacitated persons).
For each such party, give date of birth,the name of each Guardian and how each
Guardian was appointed. If no Guardian has been appointed, identify the next of
kin of such party, giving the name, address and relationship of each.
Not applicable
C. State why a Petition for Guardian/Trustee Ad Litem has or has not been filed for
this Audit (see Pa. O.C. Rule 12.4).
Not applicable
D. If distribution is to be made to the personal representative of a deceased party,
state date of death, date and place of grant of Letters and type of Letters granted.
Not applicable
Form OC-01 rev.10.13.06 Page 5 of 10
Estate of LIIDIA A. HUTT , Deceased
10. Other than the claim for the family exemption, list the names of all known claimants and
the amount of their claims and state whether each claim is admitted.
Name and Address of Each Claimant Amount of Claim Claim Will Claim
Admitted? Be Paid In
Full?
Yes El Yes
No No
E]Yes El Yes
DNo El No
Yes 0 Yes
E]No El No
MYes El Yes
E:]No M No
If the estate is insolvent, attach a schedule setting forth the order of preference under
20 Pa.C.S. § 3392 and the proposed payments.
11. Was family exemption claimed? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E]Yes F4No
Was family exemption allowed? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E]Yes ONo
Family exemption claimant's name and relationship:
Name: Relationship:
Form OC-01 rev.10.13.06 Page 6 of 10
Estate of LIIDIA A. HUTT ,Deceased
12. The amount of Pennsylvania Transfer Inheritance Tax and additional Pennsylvania Estate
Tax paid,the date(s) of payment(s), and the interest(s)upon which paid, are as follows:
Date Payment Interest
10/21/13 23,750.00 None
04/16/14 7,003.43 None
13. On the date of death,was the decedent a fiduciary
(personal representative,trustee, guardian, agent under power
of attorney) or surety on the bond of a fiduciary? . . . . . . . . . . . . . . . . . . . Yes R]No
If yes, provide the name of the estate, indicate whether an account has been filed and
confirmed absolutely and all awards performed, or, in the alternative,how the
decedent's estate will be discharged for the decedent's fiduciary administration of the
estate.
14. A. Describe in detail any questions requiring adjudication and state the position of the
Petitioner(s) as to each question:
None
B. Has notice of the question requiring adjudication been given
to the parties identified in Paragraph 9 above? . . . . . . . . . . . . . . . . . . El Yes El No
15. If Petitioner(s)has/have knowledge that a share has been assigned, renounced, disclaimed
or attached,provide a copy of the assignment,renunciation, disclaimer or attachment,
together with any relevant supporting documentation.
Form OC-01 rev. 10.13.06 Page 7 of 10
Estate of LIIDIA A. HUTT , Deceased
16. Had the decedent been adjudicated an incapacitated person? . . . . . . . . . . 0 Yes R]No
If yes, attach a copy of the Order if available;otherwise state the Court, term,number,
date, and name of Hearing Judge.
17. A. List or attach a separate list of additional receipts and disbursements since the closing
date of the Account.
B. Has notice of the additional receipts and disbursements been
given to the parties identified in Paragraph 9 above? . . . . . . . . . . . . . Yes No
18. If a reserve is requested, state amount and purpose.
Amount: 36,315.00
Perpose: Martson Law Offices -attorney's fees- $14,400.00
Manufacturers and Traders Trust Company-Executor's commission -
$21,400.00
Register of Wills - filing fee- $515.00
If a reserve is requested for counsel fees, has notice of the
amount of fees to be paid from the reserve been given to the
parties in interest? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DYes 0- No
If so, attach a copy of the notice.
19. Is the Court being asked to direct
the filing of a Schedule of Distribution? . . . . . . . . . . . . . . . . . . . . . . . . . DYes E]No
As to real estate only? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . QYes M No
Form OC-01 rev.10.13.06 Page 8 of 10
Estate of LIIDIA A. HUTT , Deceased
Wherefore, your Petitioner(s) ask(s)that distribution be awarded to the parties entitled
and suggest(s)that the distributive shares of income and principal (residuary shares being stated
in proportions, not amounts) are as follows:
A. Income:
Proposed Distributee(s) Amount/Proportion
Estonian Students Fund in USA, Inc. $14,284.48
B. Principal:
Proposed Distributee(s) An:ount/Proportion
Estonian Students Fund in USA, Inc. $265,065.12
Submitted By:
(All petitioners must sign.
Add additional lines if necessary):
James A. Smiley,Vice President
c
e of Petitioner:ManufactQrs &Traders Trust C
Name of Petitioner:
Form OC-01 rev.10.13.06 Page 9 of 10
Estate of LIIDIA A. HUTT , Deceased
Verification of Petitioner
(Verification must be by at least one petitioner.)
The undersigned hereby verifies * [that helshe he is titre Vice President
of the above-named name of corporation Manufacturers and Traders Trust Co. and] that the facts set
forth in the foregoing Petition for Adjudication/Statement of Proposed Distribution which are
within the personal knowledge of the Petitioner are true, and as to facts based on the information
of others,the Petitioner, after diligent inquiry, believes them to be true; and that any false
statements herein are made subject to the penalties of 18 Pa. C.S. § 4904 (relating to unsworn
falsification to authorities).
' nature of Petitioner
*Corporate petitioners must complete bracketed information.
Certification of Counsel
The undersigned counsel hereby certifies that the foregoing Petition for Adjudication/
Statement of Proposed Distribution is a true and accurate reproduction of the form Petition
authorized by the Supreme Court, and that no changes to the form have been made beyond the
responses herein.
1 I-,
Signature of Counsel for Petitioner
Form OC-01 rev. 10.13.06 Page 10 of 10
PROOF OF PUBLICATION OF NOTICE
IN CUMBERLAND LAW JOURNAL
(Under Act No. 587, approved May 16, 1929), P. L.1784
COMMONWEALTH OF PENNSYLVANIA :
ss.
COUNTY OYCUMBERLAND
Lisa Marie Coyne, Esquire, Editor of the Cumberland Law Journal, of the County and
State aforesaid, being duly sworn, according to law, deposes and says that the Cumberland Law
Journal, a legal periodical published in the Borough of Carlisle in the County and State aforesaid,
was established January 2, 1952, and designated by the local courts as the official legal
periodical for the publication of all legal notices, and has, since January 2, 1952, been regularly
issued weekly in the said County, and that the printed notice or publication attached hereto is
exactly the same as was printed in the regular editions and issues of the said Cumberland Law
Journal on the following dates,
viz:
October 18, October 25, and November 1, 2013
Affiant further deposes that he is authorized to verify this statement by the Cumberland
Law Journal, a legal periodical of general circulation, and that he is not interested in the subject
matter of the aforesaid notice or advertisement, and that all allegations in the foregoing
statements as to time, place and character of publication are true.
Lisa Marie Coyne, ditor
SWORN TO AND SUBSCRIBED before me this
1 day of November, 2013
f
Notary
Hutt,Liidia A.,deed.
Late of West Pennsboro Township.
Executor:Manufacturers&Trad-
ers Trust Company c/o Martson NOTAR�lAL SEAL
Law Offices, 10 East High Street,
Carlisle,PA 17013. DEBORAH A COLLINS
Attorneys:Ivo V.Otto,III,Esquire, Notary Public
Martson Law Offices. CARLISLE BOROUGH,CUMBERLAND COUNTY
My Commission Expires Apr 28,2014
PROOF OF PUBLICATION
State of Pennsylvania, County of Cumberland
Tackie Cox, Director of Sales, of The Sentinel, of the County and State aforesaid,being
duly sworn, deposes and says that THE SENTINEL, a newspaper of general circulation
in the Borough of Carlisle, County and State aforesaid,was established December 13th,
1881, since which date THE SENTINEL has been regularly issued in said County, and
that the printed notice or publication attached hereto is exactly the same as was printed
and published in the regular editions and issues of
THE SENTINEL on the following day(s):
October 9, 16,23, 2013
COPY OF NOTICE OF PUBLICATION
T e�
ESTATE NOTICE erp
Affiant further deposes that he/she is not
Letters Testamentary on the Estate of LIIDIA A.HUTT,late of West Pennsboro interested in the subject matter of the
Township,Cumberland County,Pennsylvania,deceased,have been
granted to the undersigned. aforesaid notice or advertisement, and that
li All persons knowing themselves to be indebted to said Estate will make all allegations in the foregoing statement as
payment immediately,and those having claims will present them for
Settlement to: to time, place and character of publication
Manufacturers and Traders Trust Company,Executor ar
c/o MARTSON LAW OFFICES
10 East High Street
Carlisle,PA 17013
Ivo V.Otto,III,Esquire
MARTSON LAW OFFICES
,Attorneys
Sworn to and subscribed before me this
-& - Lffi. Qhy
Nckary Public
My commission expires:
COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Bethany M.Holtry,Notary Public
Carlisle Boro,Cumberland County
My Commission Expires Sept.26,2015
MEMBER,PENNSYLVANIA ASSOCIATION OF NOTARIES
lMARTSON DEARDOR.FF WILLIAMS OTTo GILROY FALLER
MAR"IrSON WILLIAM F IMARTsON Gt-mGE B. FALLER JR.*
��>r JOHN B. FOWLER III DAVID A.FUZSIMONS
A�y W T OFFICES C DANIEL K.DEARDO.RPFt CHRISTOPHER F. RICE
J THomAs J.Wirij rs* SETH T.MOSEBI-.Y
IVO V G170 III KATIE J.MAXWELL
10 T AST HIGH$TRl?F_7' FIUBER'r X.GILROY AARON S.I IAYNES
CARLISLE,PENNSYLVANIA 17013
'BOARD CERTIFIED CIVIL TRIAL SPECIALIST
TELEPHONE (717)243-3341 tBOARD CERTIFIED WORKERS COMPENSATION SPECIALIST
FAc,SI?NtILE (717)243-1850
INTERNET www.mattsonlaw.com
October 23, 2014
VIA CERTIFIED_ MAIL
John L. Downing, Esquire
Commonwealth of Pennsylvania
Office of Attorney General
Charitable Trusts and Organizations Section
14`h Floor, Strawberry Square
Harrisburg, PA 17120
RE: Estate of Liidia A. Hutt
Our File No. 9464.2
Dear Mr. Downing:
Enclosed is a copy of Notice of Charitable Gift for the above-referenced Estate, along with
a copy of the First and Final Account and Petition of Manufacturers and Traders Trust Company,
Executor of the above Estate.
Very truly yours,
MARTSON LAW OFFICES
Melissa A. Scholly
Estates Paralegal
Enclosures
cc: Mr. James A. Smiley, M&T Bank, Executor(w/enc.)
FAFILES\Clients\9464 Hutt\9464.2.attomeygeneral.2.wpd
INFORMATION • ADVICE • ADVOCACY svL
NOTICE OF CHARITABLE GIFT
(In Accordance with Pa. O.C. Rule 5.5)
COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYLVANIA
ORPHANS' COURT DIVISION
ESTATE OF LIIDIA A. HUTT ,0 SETTLOR M DECEASED
No. 21-13-0867
Chief, Charitable Trusts and Organizations Section
Office of the Attorney General Date:
Dear Sir or Madam:
Notice is given of a charitable gift as follows:
1. The nature of the present proceeding is:
(a) An Account which has been or will be listed for Audit in the Orphans' Court on
November 25 20 14 in Cumberland County Courthouse,Carlisle,PA
(State name ojCourthouse and town/city.)
The time and place of the Audit is Court Room I at 9:30 o'clock. If not
provided herein, the time and location will be provided upon request when that information
becomes available.
(b) If the proceedings are other than an Account, state the nature of the proceedings and the
place, date and time fixed for hearing:
If more space is required,attach additional sheets.
Form OC-06 rev./0.!3.06 Page 1 of 4
Estate of LIIDIA A. HUTT E]Settlor W1 Deceased
2. Charitable gifts are made as follows:
(a) Give full names and addresses of charities, and names and addresses of counsel, if any.
Estonian Students Fund in USA,Inc.
243 East 34th Street
New York, NY 10016
(b) If pecuniary legacies, state exact amounts and indicate whether legacies will be or have
been paid in full; if not give reasons therefor.
See attached.
(c) If the charitable interest is a future interest and the estimated present value of the property
involved exceeds $25,000, a brief description thereof including the conditions precedent to
its vesting in enjoyment and possession, the names and ages of persons known to have
interests preceding such charitable interest, and the approximate market value of the
property involved.
None.
(d) If residuary gift, state nature and value of share.
Cash: $279,864.60 - 100% of residuary estate
Form OC-06 rev.10.13.06 Page 2 of 4
Estate of LIIDIA A. HUTT C]Settlor g]Deceased
3. Provide a brief statement of all pertinent questions to be submitted to the Court for
Adjudication, including unresolved claims and any material questions of interpretation or
distribution which may affect the value of the charitable interest.
None
4. The names and addresses of the fiduciaries are (state whether Executors and/or Trustees):
Executor
James A. Smiley, Vice President
Manufacturers and Traders Trust Company
One West High Street
Carlisle, PA 17013
5. The names and addresses of counsel for the fiduciaries:
Ivo V. Otto III, Esquire
Martson Law Offices
10 East High Street
Carlisle,PA 17013
6. The names and addresses of counsel for any charity who has received notice or has appeared for
it:
Form OC-06 rev.10.13.06 Page 3 of 4
Estate of LIIDIA A. HUTT Settlor 0 Deceased
7. (a) A copy of the instrument creating the gift is attached hereto.
(b) If the gift is other than a pecuniary legacy which will be paid in full, there is attached
hereto:
(1) A copy of the Account, if one has been filed
(2) A copy of any other relevant documents
Ve truly yours,
Signature
Ivo V. Otto III -No. 27763
Attorney's Name and Supreme Court 1.D.No.
10 East High Street
Attorney's Address
Carlisle, PA 17013
(717) 243-3341
Attorney's Telephone
Form OC-06 rev.10.13.06 Page 4 of 4
Liidia Hutt Estate
Court of Common Pleas of Cumberland County, PA
Orphans' Court Division f
No. 21-13-3867
Specific Bequests:
1. Salvation Army of Carlisle ($40,000) -paid in full
Bread and Bed Club
20 E. Pomfret Street
Carlisle, PA 17013
717-249-1411
2. Green Ridge Village ($30,000) -paid in full
Chapel in the Pines Fund
210 Big Spring Road
Newville, PA 17241
717-776-8200
3. Big Spring Presbyterian Church ($25,000) -paid in full
25 S. Corporation Street
Newville,PA 17241
717-776-5820
4. Green Ridge Village Trust Fund ($25,000) - paid in full
210 Big Spring Road
Newville, PA 17241
717-776-8200
5. Leena-May Liivet(niece) ($50,000) -paid in full
225 Merton Street, Suite 207
Toronto, ON
CANADA M4S 3H1
6. Tiina-Ingrid Liivet (niece) ($50,000) -paid in full
709 Sammon Avenue
Toronto, ON
CANADA M4C 2E3
7. Elma Liivet (sister-in-law) ($10,000) -paid in full
195 Merton Street, Suite 505
Toronto, ON
CANADA M4S 3H6
8. Mary Jane Wiggins ($10,000) -paid in full
3001 Lititz Pike, TH 116
Lititz, PA 17543
9. Gerda H. Alexander($10,000) - paid in full
32 Cedar Circle
Newville, PA 17241
10. Ila P. Merriam ($10,000) - paid in full
Green Ridge Village
210 Big Spring Road, Room 12
Newville, PA 17241
11. Goldie 1. Pringle ($10,000) -paid in full
114 Green Ridge Lane
Newville, PA 17241
12. Dorine Renner($10,000) - deceased 9/14/2012 - was not paid
13. Nancy Stedman ($10,000) -paid in full
P.O. Box 5705
Wakefield, RI 02880
14. Jane C. Von Hagen ($10,000) -paid in full
Green Ridge Village
210 Big Spring Road
Newville, PA 17241
15. Peeter and Silvi Laas, or the survivor($10,000) - paid in full
Kaapa 6-8
Voru Estonia 65545
16. Barbara J. Wilke ($10,000) - paid in full
51 Ridge Lane
Newville, PA 17241
17. Tiia Reiksaar($10,000) - paid in full
Mai 10-14
Parnu Estonia 80025
Residue:
Estonian Students Fund in USA, Inc.
243 East 34" Street
New York,NY 10016
FABLES\Clients\9464 Hutt\9464.2.beneficiary.list.wpd
MARTSON DEARDO FF WILLIAMS OTTo G1LROY & FALLER
MAD'*'rWILLIAMF
r�, -L ®Z \ NLkRTSON GEORGE B.F.1LI.ER_JR.*
JOHN B.FOWLER III DAVID A.FnT.SIMONS
LAW OFFICES DANwL K.DEARDORFPt CHRISTOPHER E.RICE
THOMAS J.Wn.LIAms* SE'T'H T.NIOSEBEY
10 EAs'r HIGH STREET IVO V.OTro III KA1'[E J:NI AYWF-U
HUBERT X.GILROY AARON S. HAYNES
CARLISLE,PENNSYLVANIA 17013
? ^p 'BoARD CEtrrmED Crvtt.TmL SPECLILIST
TELE /
PHONE 1'1 it 243-3341 tBOARD CERTTFIED WORKERS COMPEMSATION SPECIALIST
FACSINULE (7,17)243-1850
INTERNET wwwmartsonlawcom
October 23,2014
VIA CERTIFIED MAIL. VIA CERTIFIED MAIL
Estonian Students Fund in USA, Inc. John L. Downing, Esquire
243 East 34" Street Office of the Attorney General
New York,NY 1001.6 14"'Floor- Strawberry Square
Harrisburg, PA 17120
RE: Estate of Liidia A. Hutt
Our File No. 9464.2
Dear Beneficiary:
Enclosed is a Notice of Filin>?First and Final Account and Petition for Adjudication/Statement
of Proposed Distribution and Call for Audit or Confirmation and a copy of the First and.Final Account
and Petition of Manufacturers and Traders Trust Company, Executor of above Estate.
As stated on the Notice,the Account will be presented for confirmation in Court Room No. I
of the Cumberland County Courthouse, Carlisle, PA, at 9:30 a.m. on Tuesday,November 25, 2014.
Please contact our office should you have any questions or concerns.
Very truly yours,
MARTSON LAW OFFICES
U c� Ar CA
Melissa A. Scholly
Estates Paralegal y
Enclosures
cc: Mr. James A. Smiley, M&T Bank, Executor(w/enc.)
F:\FILES\C1ients\9464 Hutt\9464.2.account.Itr.notice.I i idia.estate.wpd
INFORMATION • ADVICE • ADVOCACY sin
IN THE COURT OF COMMON PLEAS OF
IN RE: CUMBERLAND COUNTY, PENNSYLVANIA
ESTATE OF LIIDIA A. HUTT, .DECEASED ORPHANS' COURT DIVISION
NO. 21-13-0867
NOTICE OF FILING FIRST AND FINAL ACCOUNT AND
PETITION FOR ADJUDICATION/SC.H.EDULE OF PROPOSED DISTRIBUTION
AND CALL FOR AUDIT OR CONFIRMATION
NOTICE IS HEREBY GIVEN that Manufacturers and Traders Trust Company, Executor of the
Estate of Liidia A. Hutt, deceased, has this date filed the First and Final Account and Petition for
Adjudication/Schedule of Proposed Distribution in the above-captioned Estate in the Office of the Clerk of
the Orphans' Court in and for Cumberland County,Pennsylvania,where the same is filed as public record
and may be inspected. Copies of the Account and Petition are enclosed for your information.
YOU ARE FURTHER NOTIFIED that any exceptions or objections to said Account or Petition must
be filed in writing at the office of the Clerk of the Orphans'Court,Cumberland County Courthouse,Carlisle,
PA 17013, aforesaid prior to the confirmation of said Account and Schedule of Proposed Distribution
scheduled as set forth below.
UNLESS written exceptions or objections are filed prior thereto,said Account will be presented by
the Clerk of the Orphans' Court to the above-captioned Court in Court Room No. 1 (the courtroom is subject
to change)of the Cumberland County Courthouse,Carlisle, Pennsylvania,at 9:30 a.m. prevailing time, on
Tuesday, November 25, 2014, at which time said Account will be confirmed and distribution ordered in
accordance with the Petition for Adjudication/Schedule of Proposed Distribution.
MARTS LAW\OFRCES
NO V. Otto II , Esquire
10 East High Street
Carlisle,PA 17013
(717)243-3341
I Attorney for Estate of Liidia A. Hutt
Date of Notice: �
NOTICES TO:
Estonian Students Fund in USA, Inc.
243 East 30 Street
New York,NY 10016
Mr. John L. Downing
Deputy Attorney General
Commonwealth of Pennsylvania
Office of Attorney General
Charitable Trusts and Organizations Section
14" Floor, Strawberry Square
Harrisburg, PA 17120
F WILMClients\9464 Hutt\9464.2.account.notice.wpd
5�w►`�� `�
IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PA
ORPHANS' COURT DIVISION
FILE NO. 21-13-0867
----------------------------------
ESTATE OF LIIDIA A. HUTT, DECEASED
----------------------------------
----------------------------------
FIRST AND FINAL ACCOUNT OF
MANUFACTURERS AND TRADERS TRUST COMPANY
------------------------------------------------------------------------------
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Date of Death: July 21, 2013
Date of Executor's Appointment: August 8, 2013
Date of First Complete Advertisement:
The Sentinel October 9,16,23, 2013
Cumberland Law Journal October 18,25, November 1, 2013
Accounting for the period: July 21, 2013 to September 23, 2014
Purpose of Account: The Executor offers this Account to acquaint interested
parties with the transactions that have occurred during the Administration.
It is important that the Account be carefully examined. Requests for
additional information, questions or objections can be discussed with:
James A. Smiley, Vice President
Manufacturers and Traders Trust Company
One West High Street
Carlisle, PA 17013
(717) 240-4505
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Martson Law Offices } :7 O
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10 East High Street
Carlisle, PA 17013t— ISI W
(717) 213-3341
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- 1 -
SUMMARY OF ACCOUNT
PAGES
PRINCIPAL
Receipts 3-4 $ 668,519.97
Net Loss on Sales or Disposition 5-6 -7,832.76
$ 660,687.21
Less Disbursements:
Legal Fees 7 $ 7,888.66
Debts of Decedent 7 665.00
Federal State & Local Taxes 7 30,753.43
Administration - Misc. Exp. 7 36,315.00 -75,622.09
Balance before Distributions $ 585,065.12
Distributions to Beneficiaries 8-9 -320,000.00
Principal Balance on Hand 10 $ 265,065,12
For Information:
Investments Made 11
Changes in Holdings 12-15
INCOME
Receipts 16-17 $ 14,566.19
Less Disbursements 18 -281.71
Balance before Distributions $ 14,284.48
Income Balance on Hand 19 $ 14,284.48
COMBINED BALANCE ON HAND $ 279,349.60
Proposed Principal Distributions 20
Proposed Income Distributions 21
Verification 22
2
PRINCIPAL RECEIPTS
Assets Listed in Inventory
(Valued as of Date of Death)
Bonds
$25,000 U.S. Treasury Notes 4.25. due
11/15/2013 $ 25,329.00
Common Stocks
1,400 Shs. AT&T Incorporated 50,134.00
333 Shs. Duke Energy Holding Corporation 23,603.04
500 Shs. Spectra Energy Corporation 18,165.00
700 Shs. Verizon Communications 34, 965.00
Mutual Funds
1,091.963 Shs. DWS Floating Rate Plus
Inst 10,362.73
3,006.933 Shs. Federated Muni Ultrashort
Fd Inst 30,159.54
9,283.928 Shs. Federated Total Return
Bond Fund 102,494.57
8,627.405 Shs. Federated Ultra Short
Bd-Ins 79,027.03
3,716 Shs. Nuveen PA Premium Income
Municipal Fund 2 46,769.58
4,511.792 Shs. Ridgeworth Seix FL Rate
HI Inc Fd-I 40,786.60
4,502.191 Shs. Vanguard Int-Trm Inv
Grade CL Inv 44,391.60
3,953.325 Shs. Vanguard Short Term Bond
Index C1 Sgnl 41,628.51
FORWARD $ 547,816.20
3 -
PRINCIPAL RECEIPTS (cont'd)
FORWARD $ 547,816.20
ACNB Checking Account #2454289 99,608.68
ACNB Savings Account #221783 5,877.77
Cash at date of death 5,888.39
Death Claim Settlement from
Western-Southern Life Assurance Company
Contract ID W0020570542 8,047.41
Green Ridge Village refund 1,200.00
Green Ridge Village refund from petty
cash account 81.52
TOTAL PRINCIPAL RECEIPTS $ 668,519.97
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4
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS
GAIN LOSS
10/04/13 4,502.191 Shs. Vanguard Int-Trm Inv
Grade CL Inv
Net Proceeds 44,166.49
Acquisition Value 44,391.60 $ 225.11
10/04/13 9,283.928 Shs. Federated Total Return
Bond Fund
Net Proceeds 101,937.53
Acquisition Value 102,494.57 557.04
10/04/13 3,006.933 Shs. Federated Muni Ultrashort
Fd Inst
Net Proceeds 30,129.47
Acquisition Value 30,159.54 30.07
10/04/13 500 Shs. Spectra Energy Corporation
Net Proceeds 17,153.95
Acquisition Value 18,165.00 1,011.05
10/04/13 333 Shs. Duke Energy Holding Corporation
Net Proceeds 22,096.69
Acquisition Value 23,603.04 1,506.35
10/23/13 3,716 Shs. Nuveen PA Premium Income
Municipal Fund 2
Net Proceeds 45,027.84
Acquisition Value 46,769.58 1,741.74
11/15/13 $25,000 U.S. Treasury Notes 4.25% due
11/15/2013
Net Proceeds 25,000.00
Acquisition Value 25,329.00 329.00
12/24/13 Long Term Capital Gain Distribution on
Vanguard Short Term Bond Index C1 Sgnl
Net Proceeds 94.88
Acquisition Value .00 $ 94.88
04/01/14 1,091.963 Shs. DWS Floating Rate Plus
Inst
Net Proceeds 10,340.89
Acquisition Value 10,362.73 21.84
FORWARD $ 94.88 $ 5,422.20
- 5 -
PRINCIPAL GAINS OR LOSSES ON SALES OR OTHER DISPOSITIONS (cont,d)
GAIN LOSS
FORWARD $ 94.88 $ 5,422.20
04/01/14 4,511.792 Shs. Ridgeworth Seix FL Rate
HI Inc Fd-I
Net Proceeds 40,876.84
Acquisition Value 40,786.60 90.24
04/01/14 3,962.37 Shs. Vanguard Short Term Bond
Index C1 Sgnl
Net Proceeds 41,604.89
Acquisition Value 41,723.39 118.50
04/01/14 Long Term Capital Gain Distribution on
Vanguard Short Term Bond Index Cl Sgnl
Net Proceeds 7.92
Acquisition Value .00 7.92
04/01/14 8,627.405 Shs. Federated Ultra Short
Bd-Ins
Net Proceeds 79,027.03
Acquisition Value 79,027.03
04/03/14 1,400 Shs. AT&T Incorporated
Net Proceeds 49,233.41
Acquisition Value 50,134.00 900.59
04/03/14 700 Shs. Verizon Communications
Net Proceeds 33,380.51
Acquisition Value 34,965.00 1,584.49
09/22/14 0.754 Shs. Vanguard Short Term Bond
Index Cl Sgnl
Net Proceeds 7.90
Acquisition Value 7.92 .02
TOTALS $ 193.04 $ 8,025.80
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NET LOSS LOSS TRANSFERRED TO SUMMARY $ 7,832.76
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6 -
DISBURSEMENTS OF PRINCIPAL
LEGAL FEES
Martson Law Offices
06/26/14 $ 7,888.66 $ 7,888.66
DEBTS OF DECEDENT
Boyd & Ritter LLC
04/25/14 Preparation of 2013 Individual Income
Tax Returns 400.00
Pennsylvania Dept of Revenue
State Individual Income Tax
03/28/14 2013 Balance Due 265.00 665.00
FEDERAL STATE & LOCAL TAXES
Register of Wills, Agent
PA Inheritance Tax
10/21/13 Balance Due $ 23,750.00
04/16/14 Balance Due 7,003.43 30,753.43 30,753.43
ADMINISTRATION - MISC. EXPENSES
RESERVES:
Martson Law Offices - Attorney Fee $ 14,400.00
Manufacturers and Traders Trust Company
- Disbursing Commission 21,400.00
Filing Fees 515.00 36,315.00 36,315.00
TOTAL DISBURSEMENTS OF PRINCIPAL $ 75,622.09
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7 -
i
DISTRIBUTIONS OF_ PRINCIPAL-M BENEFICIARIES
'rr�.,,. ,y, x . ,.I _.,,.,a_.. ,. .fit., �.�'•Y'.!..:_ �. ..�.. . . ..
Barbara J. Wilke
04/04/14 Specific Bequest $ 10,000.00
Bi—spri-riq-Presbyterian Church
04/21/14 Specific Bequest 25,000.00
E--1ma�Liivet A
..
07/03/14 Specific Bequest 10;000.00
Gerda-Alexander
03/31/14 Specific Bequest 16;000.00
Goldie'Pri-ncgle
04/04/14 Specific Bequest 10;000.00
G`r'een0`Ridge .VillaQe for Benevolent. Care
of Residents
04/07/14 Specific Bequest /y 25,000.00
Green Ridge Village Chapel in the Pines
04/07/14 Specific Bequest 30,000.00
Ila Merriam
04/04/14 Specific Bequest 10,000.00
Jane Von Hagen
04/04/14 Specific Bequest 10,000.00
Leena Liivet
04/04/14 Specific Bequest 50,000.00
Mary Jane Wiggins
03/26/14 Specific Bequest 10,000.00
FORWARD $ 200,000.00
I
8
r
PRINCIPAL INVESTMENTS MADE
12/24/13 9.045 Shs. Vanguard Short Term Bond
Index Cl Sgnl - Reinvested Capital Gain $ 94.88
04/01/14 0.754 Shs. Vanguard Short Term Bond
Index Cl Sgnl - Reinvested Capital Gain 7.92
TOTAL PRINCIPAL INVESTMENTS MADE $ 102.80
- 11 -
CHANGES IN PRINCIPAL HOLDINGS
ACCOUNT
VALUE
AT&T Incorporated
1,400 Shs. Inventoried at $ 50,134.00
04/03/14 1,400 Shs Sold -50,134.00
0 Shs. $ 0.00
Duke Energy Holding Corporation
333 Shs. Inventoried at $ 23,603.04
10/04/13 333 Shs. Sold -23,603.04
0 Shs. $ 0.00
DWS Floating Rate Plus Inst
1,091.963 Shs. Inventoried at $ 10,362.73
04/01/14 1,091.963 Shs Sold -10,362.73
0.0 Shs. $ 0.00
Federated Muni Ultrashort Fd Inst
3,006.933 Shs. Inventoried at $ 30,159.54
10/04/13 3,006.933 Shs Sold -30,159*54
0.0 Shs. $ 0.00
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CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Federated Total Return Bond Fund
9,283.928 Shs. Inventoried at $ 102,494.57
10/04/13 9,283.928 Shs. Sold -102,494.57
0.0 Shs. $ 0.00
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Federated Ultra Short Bd-Ins
8,627.405 Shs. Inventoried at $ 79,027.03
04/01/14 8,627.405 Shs. Sold -79,027.03
0.0 Shs. $ 0.00
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Nuveen PA Premium Income Municipal Fund
2
3,716 Shs. Inventoried at $ 46,769.58
10/23/13 3,716 Shs. Sold -46,769.58
0 Shs. $ 0.00
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Ridaeworth Seix FL Rate HI Inc Fd-I
4,511.792 Shs. Inventoried at $ 40,786.60
04/01/14 4,511.792 Shs. Sold -40,786.60
0.0 Shs. $ 0.00
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- 13 -
CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Spectra Energy Corporation
500 Shs. Inventoried at $ 18,165.00
10/04/13 500 Shs. Sold -18,165.00
0 Shs. $ 0.00
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U.S. Treasury Notes 4.25% due 11/15/2013
$25,000 Inventoried at $ 25,329.00
11/15/13 $25,000 Matured -25,329.00
$0 $ 0.00
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Vanguard Int-Trm Inv Grade CL Inv
4,502.191 Shs. Inventoried at $ 44,391.60
10/04/13 4,502.191 Shs. Sold -44,391.60
0.0 Shs. $ 0.00
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Vanguard Short Term Bond Index Cl Sgnl
3,953.325 Shs. Inventoried at $ 41,628.51
12/24/13 9.045 Shs. Reinvested Capital Gain 94.88
3,962.37 Shs. $ 41,723.39
12/24/13 Received from Liidia A. Hutt T/A
#1020291
Long Term Capital Gain Distribution 0.00
3,962.37 Shs. $ 41,723.39
04/01/14 0.754 Shs. Reinvested Capital Gain 7.92
3,963.124 Shs. $ 41,731.31
04/01/14 Long Term Capital Gain Distribution 0.00
3,963.124 Shs. $ 41,731.31
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CHANGES IN PRINCIPAL HOLDINGS (cont'd)
ACCOUNT
VALUE
Vanguard Short Term Bond Index Cl Sgnl (cont'd)
04/01/14 3,962.37 Shs. Sold $ -41,723.39
0.754 Shs. $ 7.92
09/22/14 0.754 Shs. Sold -7.92
0.0 Shs. $ 0.00
Verizon Communications
700 Shs. Inventoried at $ 34,965.00
04/03/14 700 Shs. Sold -34,965.00
0 Shs. $ 0.00
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RECEIPTS OF INCOME
Cash at date of death $ 8,924.50
AT&T Incorporated
11/01/13 Dividend 1,400 Shs. $ 630.00
02/03/14 Dividend 1,400 Shs. 644.00 1,274.00
Cash
11/14/13 Received from Liidia A. Hutt T/A
#1020291 947.19
DWS Floating Rate Plus Inst
10/25/13 Dividend 1,091.963 Shs. $ 35.27
11/22/13 Dividend 1,091.963 Shs. 35.16
12/10/13 Dividend 1,091.963 Shs. 35.16
01/27/14 Dividend 1,091.963 Shs. 35.16
02/24/14 Dividend 1,091.963 Shs. 34.72
03/25/14 Dividend 1,091.963 Shs. 34.94 210.41
Federated Total Return Bond Fund
11/13/13 Dividend 9,283.928 Shs. 30.71
Federated Ultra Short Bd-Ins
11/04/13 Dividend 8,627.405 Shs. $ 84.65
12/02/13 Dividend 8,627.405 Shs. 91.17
12/31/13 Dividend 8,627.405 Shs. 46.59
01/02/14 Dividend 8,627.405 Shs. 89.17
02/03/14 Dividend 8,627.405 Shs. 75.28
03/03/14 Dividend 8,627.405 Shs. 63.60
04/01/14 Dividend 8,627.405 Shs. 63.07 513.53
Nuveen PA Premium Income Municipal Fund
2
11/01/13 Dividend 3,716 Shs. 260.12
Ridgeworth Seix FL Rate HI Inc Fd-I
11/04/13 Dividend 4,511.792 Shs. $ 139.96
12/02/13 Dividend 4,511.792 Shs. 137.51
12/19/13 Dividend 4,511.792 Shs. 0.13
01/02/14 Dividend 4,511.792 Shs. 142.51
FORWARD $ 420.11 $ 12,160.46
- 16 -
RECEIPTS OF INCOME (cont,d)
FORWARD $ 420.11 $ 12,160.46
' Ridgeworth Seix FL Rate HI Inc Fd-I
(cont'd)
02/03/14 Dividend 4,511.792 Shs. 143.80
03/03/14 Dividend 4,511.792 Shs. 135.88
04/01/14 Dividend 4,511.792 Shs. 148.37 848.16
U.S. Treasury Notes 4.25. due 11/15/2013
11/15/13 Interest $25,000 531.25
Vanguard Int-Trm Inv Grade CL Inv
11/01/13 Dividend 4,502.191 Shs. 11.75
Vanguard Short Term Bond Index Cl Sgnl
11/01/13 Dividend 3,953.325 Shs. $ 39.92
12/02/13 Dividend 3,953.325 Shs. 38.42
01/02/14 Dividend 3, 962.37 Shs. 39.71
02/04/14 Dividend 3,962.37 Shs. 40.09
03/03/14 Dividend 3,962.37 Shs. 36.76
04/02/14 Dividend 3,962.325 Shs. 41.16 236.06
Verizon Communications
11/01/13 Dividend 700 Shs. $ 371.00
02/03/14 Dividend 700 Shs. 371.00 742.00
Wilmington Prime Money Market Fund
Select Shs
10/01/13 Interest $ 0.45
11/01/13 Interest 2.86
12/02/13 Interest 3.16
01/02/14 Interest 5.18
02/03/14 Interest 3.96
03/03/14 Interest 3.36
04/01/14 Interest 3.42
05/01/14 Interest 3.57
06/02/14 Interest 2.79
07/01/14 Interest 2.70
08/01/14 Interest 2.50
09/02/14 Interest 2.56 36.51
TOTAL RECEIPTS OF INCOME $ 14,566.19
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- 17 -
DISBURSEMENTS OF INCOME
Manufacturers and Traders Trust Company
-- Income Commissions
10/15/13 $ 0.03
11/15/13 96.39
12/16/13 52.32
01/15/14 19.40
02/18/14 78.81
03/17/14 16,46
04/15/14 17.46
05/15/14 0.21
06/16/14 0.17
07/15/14 0.16
08/15/14 0.15
09/15/14 0.15 $ 281.71
TOTAL DISBURSEMENTS OF INCOME $ 281.71
18
INCOME BALANCE ON HAND
FIDUCIARY
VALUE AT ACQUISITION
09/23/2014 VALUE
CASH (AUTOMATICALLY INVESTED) $ 14,284.48 $ 14,284.48
TOTAL INCOME BALANCE ON HAND $ 14,284.48 $ 14,284.48
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THE ABOVE CASH IS CURRENTLY INVESTED IN
Wilmington Prime Money Market Fund Select Shs
Manufacturers and Traders Trust Company
BYat"Ad'
J6CS A. Smiley, Viceesident
Executor of the EstateP f Liidia A. Hutt, deceased
- 19 -
PROPOSED PRINCIPAL DISTRIBUTION SCHEDULE
Market Value Fiduciary
as of Acquisition
09/23/2014 Value
Estonian Students Fund in USA,
Incorporated - 100% Residue
Cash $ 265,065.12 $ 265,065.12
$ 265,065.12 $ 265,065.12
TOTAL $ 265,065.12 $ 265,065.12
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- 20 -
PROPOSED INCOME DISTRIBUTION SCHEDULE
Market Value Fiduciary
as of Acquisition
09/23/2014 Value
Estonian Students Fund in USA,
Incorporated - 100% Residue
Cash $ 14,284.48 $ 14,284.48
$ 14,284.48 $ 14,284.48
TOTAL $ 14,284.48 $ 14,284.48
21 -
VERIFICATION
Manufacturers and Traders Trust Company, Executor of the Estate of
LIIDIA A. HUTT, deceased, hereby declares under oath that it has fully and
faithfully discharged the duties of its office; that the foregoing First
and Final Account is true and correct and fully discloses all significant
transactions occurring during the accounting period; that all known claims
against the Estate have been paid in full; that, to its knowledge, there
are no claims outstanding against the Estate; that all taxes presently due
from the Estate have been paid; and that the grant of Letters Testamentary
and the first complete advertisement thereof occurred more than four
months before the filing of the foregoing First and Final Account.
This statement is made subject to penalties of 18 Pa. C.S.A. Section
4904 relating to unsworn falsification to authorities.
t
M n facturers and Traders T ust Company
Dated: T-3 Q
22 -
FARLEME MA9464 HuM94641.w U 2008
LAST WILL AND TESTAMENT
I,LIIDIA A.HUTT,of West Pennsboro Township,Cumberland County,Pennsylvania,being
of sound and disposing mind and memory,do hereby make,publish and declare this to be my Last
Will and Testament,hereby revoking any and all former Wills or Codicils made by me.
1.
I direct that all my legally enforceable debts,funeral expenses, testamentary expenses and
all death taxes(whether such taxes may be payable by my estate or by any recipient of any property)
shall be paid from my residuary estate as soon as practicable after my decease and as part of the
administration of my estate. My Executor shall have no duty or obligation to obtain reimbursement
for any such tax so paid,even though on proceeds of insurance or other property not passing under
this Will.
2.
I give,devise and bequeath the following bequests;
a. The sum of FORTY THOUSAND DOLLARS ($40,000.00) unto the
SALVATION ARMY,of Carlisle,Pennsylvania,to be utilized for its`BREAD AND BED
CLUB"to the same extent same exists,or otherwise for its general uses and purposes;
b. The sum of THIRTY THOUSAND DOLLARS ($30,000.00) unto the
CHAPEL IN THE PINES FUND,of Green Ridge Village,Newville,Pennsylvania;
C. The sum ofTWENTY-FIVE THOUSAND DOLLARS($25,000.00)unto the
BIG SPRING PRESBYTERIAN CHURCH,of Newville,Pennsylvania,for its general uses
and purposes; and
d. The sum ofTWENTY-FIVE THOUSAND DOLLARS($25,000.00)unto the
GREEN RIDGE VILLAGE TRUST FUND,of Newville,Pennsylvania,for benevolent care
of residents.
3.
I give,devise and bequeath the sum of FIFTY THOUSAND DOLLARS($50,000.00)unto
each of my nieces, LEENA-MAY LIIVET and TIINA-INGRID LIIVET; and the sum of TEN
THOUSAND DOLLARS($10,000.00)unto my sister-in-law,ELMA LIIVET;provided,however,
[Initials]
Page 1 of 4 Pages
that the bequest under this Item 3 to any beneficiary who predeceases me shall lapse and be added
to and distributed as part of the residue of my estate.
4.
I give, devise and bequeath the sum of TEN THOUSAND DOLLARS ($10,000.00)unto
each of the following individuals; provided, however, that the bequest under this Item 4 to any
beneficiary who predeceases me shall lapse and be added to and distributed as part of the residue of
my estate:MARY-JANE WIGGINS(for sharing vacations with me);GERDA ALEXANDER;ILA
MERRIAM;GOLDIE PRINGLE;DORINE RENNER;NANCY STEDMAN;JANE V.HAGEN;
PEETER and SILVI LAAS,or the survivor; B.J.WILKE; and TIIA REIKSAAR.
5.
I give unto my nieces,LEENA-MAY LIIVET and TIINA-INGRID LIIVET,or the survivor,
such of my personal effects,household goods,motor vehicles,and other tangible personal property
of like nature(not including cash or securities),together with the existing insurance thereon,as they
shall so choose, in such equal, fair and reasonable manner as they shall determine. From the
remaining tangible personal property not so chosen by LEENA-MAY LIIVET and TUNA-INGRID
LIIVET,LIISI LASCARRO shall have the right to choose such items of such property as she shall
wish. Any remaining tangible personal property not so chosen shall be donated to the GREEN
RIDGE VILLAGE THRIFT SHOP,of Newville, Pennsylvania.
6.
1 give, devise and bequeath all the rest, residue and remainder of my estate,both real and
personal property,unto the ESTONIAN STUDENTS FUND IN USA,INC.,OF 243 East 30 Street,
New York,NY 10016, for its general uses and purposes. In the event that the said ESTONIAN
STUDENTS FUND IN USA,INC.shall have ceased to exist or shall have ceased to be recognized
as a charitable organization in accordance with the Internal Revenue Code of the United States(or
in accordance with similar successor laws and/or regulations then in effect)at the time of my death,
then I give, devise and bequeath all the rest, residue and remainder of my estate, both real and
personal property,in equal shares unto my said nieces,LEENA-MAY LIIVET and TIINA-INGRID
LIIVET,or to the survivor of them.
[Initials]
Page 2 of 4 Pages
7.
.1 nominate, constitute and appoint MANUFACTURERS AND TRADERS TRUST
COMPANY, a New York banking corporation, of Carlisle, Pennsylvania, or its successor, as
Executor of my estate.
S.
I direct that all fiduciaries acting under this Will,whether or not named herein,shall not be
required to give bond for the faithful performance of their duties in any jurisdiction.
9.
I authorize and empower my Executor, or its successor,in its sole and absolute discretion,
to purchase or otherwise acquire and retain any investments of which I die seized or any real or
personal property of any nature; to sell, lease,pledge,mortgage,transfer, exchange, dispose of or
grant options in regard to any or all property of any kind forming a part of my estate.for such terms
and such prices as it may deem advisable; to borrow money for any purposes connected with the
protection and preservation of my estate;to mortgage orpledge any real or personal property forming
a part of my estate or to join in or secure the partition of same; to compromise any claims or
demands of my estate against others or of others against my estate;to make distribution in kind and
to cause any share to be composed of cash, property or undivided fractional shares in property
different in kind from any other share; to employ agents, attorneys and proxies and to delegate to
them such power as my Executor, or its successor, consider desirable and to pay reasonable
compensation for such services as may be rendered by such agents, attorneys and proxies; and to
execute and deliver such instruments as may be necessary to carry out any of these powers. In
addition,I direct that my Executor,or its successor,shall have the power to conduct an inventory of
any safe deposit box necessary to the administration of my estate. k
IN WITNESS WHEREOF I have hereunto set my hand and. seal this 14 day of
aoos - L,I ,L 0, (SEAL)
Liidia A. Hutt
SIGNED,SEALED,PUBLISHED AND DECLARED by the above-named Testatrix,as and
for her Last Will and Testament,in the presence of us,who at her request,have hereunto subscribed
our=es thereto, in the presence of the said.T_estatrix and of each other.
Page 3 of 4 Pages
COMMONWEALTH OF PENNSYLVANIA
SS.
COUNTY OF CUMBERLAND
We, Liidia A. Hutt, Ivo V. Otto 111, andV 7 the
'. -i L
Testatrix and the witnesses,respectively,whose names are signed to the foregoing instrument,being
first duly sworn, do hereby declare to the undersigned authority that the Testatrix signed and
executed the instrument as her last Will and that the Testatrix has signed willingly, and that the
Testatrix executed it as her free and voluntary act for the purposes therein expressed,and that each
of the witnesses,in the presence and hearing of the Testatrix, signed the Will as a witness and that
to the best of his/her knowledge the Testatrix was at that time eighteen years of age or older, of
sound mind and under no constraint or undue influence.
Testatrix.
Witness
Witness
Subscribed, sworn, to and acknowledged before me by Liidia A. Hutt, the Testatrix, and
subscribed and sworn to before me by Ivo V.Otto III and i cio r flu
the witnesses, this I day of I.
N615—iy Public
"06%LVAN A
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Con-ine L Myer:i,Notal'Y Pubk
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Page 4 of 4 Pages