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HomeMy WebLinkAbout10-28-14 COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-14-0126 ------------------------------------------------------------------------------ ESTATE OF RICHARD W. DUTREY, DECEASED Late of Cumberland County , PA ------------------------------------------------------------------------------ FAMILY SETTLEMENT AGREEMENT AND RELEASE OF MARJORIE B. DUTREY, EXECUTRIX Date of Death: January 19, 2014 Letters Granted: February 11, 2014 First Complete Advertisement of Grant of Letters: March 7, 2014 Account stated to October 27, 2014 i_�. � c� c;�, � ��! �� John C Oszustowicz, Esq. c:., :-: c�, 1�: =- 104 South Hanover Street �-- ` �:�� Carlisle, PA 17013 { , �: (717) 243-7437 S. ' _ � f. , ��J J ` . �.. : , t ( ����' �- � �... . �� �.;... L:_� L�,�.�. �.:� i.�..7 � Lti C� C„'', � L`" ^' C� � -. c-; C.j �\, (\J AGREEMENT TO 1NDEMNIFY, RECEIPT, AND RELEASE THIS AGREEMENT, by and among Marjorie B. Dutrey, Executrix of the Estate of Richard W. Dutrey, Deceased and Marjorie B. Dutrey WHEREAS, Richard W. Dutrey died January 19, 2014,testate, a resident of Cumberland County, Pennsylvania; and WHEREAS, the Last Will and Testament of Richard W. Dutrey dated November 20, 2012, was duly probated in the Office of the Register of Wills of Cumberland County, Pennsylvania as appears of record at Number 21-14-0126 (a copy of the Will is attached hereto and marked Exhibit A); and WHEREAS, Letters Testamentary were issued to Marjorie B. Dutrey on February 11, 2014; and WHEREAS, said Executrix has duly administered the estate according to the laws of the Commonwealth of Pennsylvania; and WHEREAS, in ITEM THIRD of his will: Richard gave, devised and bequeathed all the rest, residue and remainder of his estate of whatsoever nature and wheresoever situate, to his wife MARJORIE B. DUTREY. WHEREAS, Marjorie B. Dutrey ,have been furnished with a complete listing of the estate assets, receipts and disbursements; and 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 Orphans' Court Division of the Court of Common Pleas of Cumberland County, it being the desire of the parties to avoid the expense, delay and publicity of a formal accounting. NOW, THEREFORE, in consideration of the mutual promises, covenants and agreements recited herein, the parties do agree as follows: 1. Marjorie B. Dutrey , does hereby release and forever discharge Marjorie B. Dutrey, Executrix, from any and all liability which she had or may have or which may from time to time arise in connection with her service as Executrix of the Estate of Richard W. Dutrey, Deceased, and hereby authorize and request the Orphans' Court Division to charge the same against her shares of said estate, and in consideration for said distribution, hereby agree to refund any amounts so distributed which may be required to fully discharge any tax liability of the estate, debts of the decedent, or administration expenses. 2. 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, executrixes, administrators and assigns. This Agreement shall be governed by the laws of the Commonwealth of Pennsylvania. DATED this `Z�}� day of��"U�UE�i''"' , 2014. � � � � Witness ar' rie B. Dutrey, Executr' �� � � Witness a�� rie B. Dutrey, Benefic'ary _-=-..� ' �Xh��a,��- �. LAST WILL AND TESTAMENT �:; . � F� - OF , . 4 ^;t� RICHARD W. DUTREY I, RICHARD W. DUTREY of Cumberland County Pennsylvania, being of sound and disposing mind, memory and understanding, do hereby make, publish and declare this as and for my Last Will and Testament, hereby revoking all other Wills and Codicils heretofore made by me. FIRST I direct the payment of my just debts and funeral expenses, including a suitable and proper grave site and grave marker, as soon as conveniently can be done following my decease. I direct that all State and Federal Transfer Inheritance Tax, Estate Ta�c, Succession Taxes any other tax, including any interest, assessments or penalties thereon, that may become due and payable by virtue of my death, or by virtue of the passing of any property under my Last Will and Testament shall be paid by my estate,just as if such taxes were my debts, and no beneficiary shall be required to pay or refund any part thereof. SECOND 1 give and bequeath my tangible personal property to my wife, MARJORIE B. DUTREY. If my wife does not survive me, I give and bequeath certain items of my tangible personal property to those persons who are named in a memorandum which is signed by me and which can be found with this, my Last Will and Testament. The remaining items of tangible personal properiy (excluding money, securities and the like) not set forth in my memorandum, or a11 of such articles if there is no memorandum found with this, my Last Will t and Testament, I give unto my children JOHN DUTREY and MARY ANN THEWLIS and my daughter-in-law LYNN DUTREY, in three (3) equal shares. If my children cannot agree on the distribution of such property, it shall be sold and the proceeds derived therefrom shall be added to my residuary estate. THIRD All the rest, residue and remainder of my estate of whatsoever nature and wheresoever situate, I give, devise and bequeath to my wife MARJORIE B. DUTREY if she survives me. If my wife does not survive me then I give, devise and bequeath the rest, residue and remainder of my estate as follows: 20%to my daughter in law, LYNN DUTREY; 20%to my son JOHN DUTREY; 20%to my daughter MARY ANN THEWLIS; and 8% to each of my five (5) grand children. If any of my children or my daughter in law do not survive me, his/her share shall lapse and his/her share shall be divided equally between my children and daughter in law who survive me. For example, if one of my children does not survive me, then my surviving child and my daughter in law shall each receive 30% of my residuary estate. If any of my five (5) grandchildren do not survive me, then his/her share shall lapse and his/her share shall be divided among my grandchildren who survive me. For example, if one (1) of my five (5) grandchildren does not survive me, then my surviving four (4) grandchildren shall each receive 10% of my residuary estate. FOURTH In addition to the powers conferred by law, I authorize any personal representative acting under this instrument, in his or her absolute discretion: 2 A. To retain in the form received, or to sell either at public or private sale any real or personal property; B. To exercise any options to subscribe for stocks, bonds or other investments; C. To join in any plan of lease, mortgage, consolidation, exchange, reorganization or foreclosure of any corporation in which my estate or any trust may hold stocks, bonds or other securities; D. To sell, transfer, convey, mortgage, pledge, lease or exchange any property, including real estate, for the payment of debts or taxes, or for any purpose of administration or distribution, for such prices and upon such terms as my personal representative, in his or her sole discretion, may deem wise, and to execute and deliver deeds of conveyance or transfer thereof; E. To make settlements and compromises on such terms as my personal representative in his or her sole discretion may deem wise without the necessity of obtaining any court approval thereof; F. To make distribution hereunder either in cash or kind, as my personal representative in his or her discretion may deem wise. FIFTH I do hereby nominate, constitute and appoint my wife, MARJORIE B. DUTREY, to act as Executrix, of this my Last Will and Testament. Provided, however, that if she is unwilling or unable to act as Execurix, I direct the duties of Executor, be performed by my son JOHN DUTREY. If my son JOHN DUTREY is unable or unwilling to serve as Executor, I direct the duties of Executor be performed by JOHN C. OSZUSTOWICZ. No bond shall be required for any Executor. 3 . � IN WITNESS WHEREOF, I have hereunto set my hand and seal this L(��day of � �v e�n�1����r � _� 2012. ,. �� � , `�., ,�. RICI-��D W. DUTREY Signed, sealed, published, acknowledged and declared by the above-named Testator, RICHARD W. DUTREY, as and for his Last Will and Testament, in the presence of us, who, at her request, in her presence and in the presence of each other, have hereunto subscribed our names as witnesses thereto. ,l , - _. _._.� , ``` of `1��1� ��� ...� .S'��- ����,� ✓��r 7�,� �.,� , , ( _ of ��a /��ti��,.� ��� � �_), s��.,..�- � � i?c�'% COMMONWEALTH OF PENNSYLVANIA ) ) SS: COUNTY OF CUMBERLAND � 4 . .� I. RICHARD W. DUTREY, Testator, who signed the foregoing instrument, having been duly qualified according to law, acknowledge that I signed and executed the instrument as my free and voluntary act for the purposes therein contained. � -; � ; � ,� � RICHARD W. Di�TREY Sworn to ar af�umed and acknowledged before me by RICHARD W. DUTREY, the Testator,this�;�day 2012. COMMONWEAl7N OF PENNSYLVANI� Of 1\��' ��!�y���Y��Vr � NoWrlal Seal � Kimberly R.Leo,Notary Pub�ic i � / � � �� � Carlisle Boro,Cumberland County My Commission Expires Oct.10,2013 � Notary Public COMMONWEALTH OF PENNSYLVANIA ) ) SS: COUNTY OF CUMBERLAND ) We, the undersigned witnesses who signed the foregoing instrument, being duly qualified according to law, depose and say that we were present and saw Testator sign and execute the instrument as his Last Will and Testament; that he signed and executed it willingly as his free and voluntary act for the purposes therein expressed;that each of us in his sight and hearing signed the Will as witnesses; that Testator is known to each of us; and that to the best of our knowledge and observation the Testator was at the time of sound mind and under no constraint or undue influence. , ,1 � c_ , __ ., �� �- Sworn to or affirmed and subscribed to before me by �)C h v1 L L`�Zl.'��-%��:��-Z and I���V +� k; M:-_t Z_ witnesses, this 2�',day of (�: ; �i����--�t�� ;� , 2012. k:�. �� l �=�� _ Notary Public , ,�. �.���_ _ . .... .:�w(3rl;,':i>f-��. ...::',�3.Lec, JC i.:c:i:-�ic•iS�JCi?�t.lifti[)E!"idnC1 1::.+Uf'V ; -�,;,,,'��i�nl�,rc:psOcY i,_ ,�t� � 5