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HomeMy WebLinkAbout12-05-14 PETITION FOR GRANT OF LETTERS REGISTER OF WILLS OF Cumberland COUNTY,PENNSYLVANIA Petitioner(s) named below, who is/are 18 years of age or older, apply(ies) for Letters as specified below, and in support thereof aver(s)the following and respectfully request(s)the grant of Letters in the appropriate form: Decedent's Information II (� (� Name: Kenneth M.Hale,Jr. File No: I 14 I —r(--) a/k/a: (Assigned by Register) a/k/a: a/k/a: Social Security No: Date of Death: November 19,2014 Age at death: 65 Decedent was domiciled at death in Cumberland County, pA (state)with his/her last principal residence at 700 Newburg Road Shippensburg Southampton Township Cumberland County.PA Street address,Post Office and Zip Code City,Township or Borough County Decedent died at 700 Newburg Road Shippensburg Southampton Township Cumberland County,PA Street address,Post Office and Zip Code City,Township or Borough County State Estimate of value of decedent's property at death: If domiciled in Pennsylvania............................ All personal property $ 500,000.00 If not domiciled in Pennsylvania. ....................... Personal property in Pennsylvania $ If not domiciled in Pennsylvania. ....................... Personal property in County $ Value of real estate in Pennsylvania......................................................... $ 0 ,0 . Zu— TOTAL ESTIMATED VALUE. ... $I#000,000.00 " Real estate in Pennsylvania situated at: 700 Newburg Road Shippensburg Southampton Township Cumberland County,PA (Attach additional sheets,ifnecessary.) Street address,Post Office and Zip Code City,Township or Borough County A. Petition for Probate and Grant of Letters Testamentary Petitioner(s)aver(s)MhWthey ikare the Executor(s)named in the last Will of the Decedent,dated May 3,2012, and Codicil(s) thereto dated not applicable William E Masemer died September 14, 2013 State relevant circnmstances(e g.renunciation,death of executor,etc) r= Except as follows:after the execution of the instrument(s)offered for probate Decedent did not marry,was not divorced,w io�uparty to 21 ndinff,> divorce proceeding wherein the grounds for divorce had been established as defined in 23 Pa.C.S. §3323(g),and didpgt Tve.5 childbArn qn adopted;and Decedent was neither the victim of a killing nor ever adjudicated an incapacitated person. p. r— � NO EXCEPTIONS (:)EXCEPTIONS ? C r7 Q B. Petition for Grant of Letters of Administration (If applicable) c-) c.t.a.,d.b.n.,d.b.n.c.t.a.,pendente lite,durante abs6nti4E31urante Ynin0rita l rn If Administration,c.t.a. or db.n.c.t.a.,enter date of Will in Section A above and complete liL If ;;irs. T N Cn Except as follows: Decedent was not a party to a pending divorce proceeding wherein the grounds for divorce had been established as refined in 23 Pa.C.S.§3323(g)and was neither the victim of a killing nor ever adjudicated an incapacitated person. 0 NO EXCEPTIONS C)EXCEPTIONS Petitioner(s),after a proper search has/have ascertained that Decedent left no Will and was survived by the following spouse(if any)and heirs(attach additional sheets,if necessary): Name Relationship Address Forn:RW-02 rev.10/11/2011 Page 1 of 2 Oath of Personal Representative Official Use Only COMMONWEALTH OF PENNSYLVANIA } } SS: COUNTY OF Cumberland } Petitioner(s)Printed Name Petitioner(s)Printed Address ORRSTOWN BANK By 75 East King Street,Shippensburg,PA 17257 Executive E. F4guePresident The Petitioner(s)above-named swear(s)or affirm(s)the statements in the foregoing Petition are true and correct to the best of the knowledge and belief of Petitioner(s)and that,as Personal Representative(s)of the Decedent the Petitionerswill well and truly administer the estate according to law. Sworn to or affirmed and subscribed before Date l S l me this�� day of I-ev, 201 Phi lip E. Fague Date By: am I kD h {�� Executive Vice President Date For the Register Date BOND Required: Q YES (D NO To the Register of Wills: FEES: Please enter my appearance by my signature below: Letters. . . . .. . . . . . .. . . . . . . . . . $ 660.00 Attorney Signature: ( 12)Short Certificate(s).. 60.00 ; ( )Renunciation(s)... .... . . ( )Codicil(s). . . . ... . . . . . . ( )Affidavit(s).. . . ... . . . . . Bond.. . . . . . . .. .. .. . . ... . . . . . Printed Name: Joel R.Zullinger Commission. . . . . . . .. . . . . . . . .. Supreme Court C M C- C) C7 Other . . .... . . ID Number: 17516 3-_ r7 Inver ory -� c-) CO Return . . . . . , 5.00 Firm Name: 14 North Main Street � rte-- M Will . . . .. . . . 15.00 Address: Suite 200 C-n ... . . . . . Shipnen-burg,PA 1724 � %` _ C> . . . . . . . . Phone: 717-264-6029 cA M � Automation Fee. .. . . . . . . .. .. . . C,Fax: 717-264-1884 tV JCS Fee. . . . . . . . . . . . .... . . .. . Email: d7-iillingerrn�ger-davis.ccm TOTAL. . . . . .. . . . . ... . . . . . . . $ 805.50 DECREE OF THE REGISTER l I Estate of Kenneth M.Hale,Jr. File No: �l 14 -1 i a/k/a: AND NOW, r .) ,in consideration of the foregoing Petition, satisfactory proof having been presented before me,IT IS DECREED that Letters testamentary are hereby granted to Orrstown Bank in the above estate and(if applicable)that the instrument(s)dated May 3 2012 described in the Petition be admitted to probate and filed of record as the last Will(and Codicil(s))of Decedent. my(M-roo--) g ster of Wills Form RW--02 rev.1011112011 'age 2 of 2 " JRZ - 5 . 1 hale. 1 April 25, 2012 RECORDED OFFICE OF REGISTER OF FILLS 2014"DEC 5 RM 9 27 CLERK OF LAST WILL AND TESTAMENT 9RP'HAN.S' COURT GUMBERLAND CO., PA I, Kenneth M. Hale, Jr. , of 700 Newburg Road, Shippensburg, Pennsylvania, being. of sound and disposing mind, memory and understanding, do hereby declare this to be my will, hereby revoking any and all former wills and codicils thereto by me heretofore made., I. I direct that all my just debts and funeral expenses, including all expenses of my last illness, shall be paid from my estate as soon as practicable after my decease as a part of the expense of the administration of- my estate. II. I give and devise my home situate at 700 Newburg Road, Shippensburg, Pennsylvania, and the contents thereof to William E. Masemer, if he survives me. III. I give and bequeath the sum of $600, 000 . 00 cash to William E. Masemer, if he survives me. r . IV. I give, devise and bequeath the residue of my estate of every nature and wherever situate to Orrstown Bank with principal offices in Shippensburg, Cumberland County, Pennsylvania, IN TRUST, nevertheless, for the following uses and purposes : A. The trustee shall pay in each tax year of this trust an amount (herein the "Distribution Amount") equal to five (50) percent of the average of the fair market values of the assets of the trust as of the close of the last business day of the trust' s three previous tax years (or such lesser number of tax years as are available for the first three tax years of the trust) . In the case of a short tax year, the distribution shall be calculated as set forth in subparagraph B. below. In the case of contributions to or distributions from the trust, including initial funding, the Distribution Amount shall be determined as set forth in subparagraph C. below. B. For a short tax year, the Distribution Amount shall be based upon a prorated portion of the Distribution Amount set forth above comparing the number of days in the short tax year to the number of days in the calendar year in which the short tax year is a part. C. In a tax year in which assets are added to or distributed from the trust (other than the Distribution Amount) Page 2 (hereinafter "Adjustment Year") , the Distribution Amount shall be increased (in the case of a contribution) or decreased (in the case of a distribution) by an amount equal to five (50) percent times the fair market value of the assets contributed or distributed (as of the date or dates of the contribution or distribution) , multiplied by a fraction, the numerator of which is the number of days from the contribution or distribution to the end of the tax year and the denominator of which is the days in the tax year. Further, the year-end values for the two tax years preceding the Adjustment Year shall be increased by the amount of such addition, or decreased by the amount of such distribution, for purposes of computing the average values used in determining the Distribution Amount for years following the Adjustment Year. D. All computations of the trust' s assets' fair market value, or the value of any contributions or distributions as set forth above, shall include accounting income and principal, but no accruals shall be required. If the trust includes assets for which there is not a ready market, the trustee shall adopt such method of valuation as trustee deems reasonable in trustee' s discretion under the circumstances . E. In addition to the Distribution Amount as determined above, the net accounting income earned in my estate and allocable to the residue shall be paid to the trust, and Page 3 college education. Before funding additional students, the trustee shall take into account the number of students it is currently obligated to and the amount of funds available each year. All distributions shall be in the sole and absolute discretion of the trustee. a. The trustee will create an advisory committee to aid in its determination of appropriate scholarship recipients; such committee shall consist of the high school principal, guidance counselor and trust officer of Orrstown Bank. b. A student shall lose eligibility for additional funding if he or she becomes a part-time student, fails to maintain satisfactory academic progress (in the sole opinion of the trustee) and has not previously withdrawn from his or her undergraduate program. C. The trustee shall pay a student' s full tuition, room and board, and the cost of books and other academic supplies after taking into account any other scholarships and grants the student may receive. I . This trust shall be known as the Hale Family Foundation. Page 5 V. Any fiduciary under this will shall have the following powers in addition to those vested in them by law and by other provisions of my will applicable to all property whether principal or income, including property held for minors, exercisable without Court approval, and effective until actual distribution of all property: A. To retain any and all of the assets of my estate, real or personal, without regard to any principle of diversification of risk. B. To invest in all forms of property including stock, common trust funds and mortgage investment funds without restriction to investments authorized for Pennsylvania fiduciaries as they deem proper, without regard to any principle of diversification of risk. C. To sell at public or private sale, to exchange or to lease for any period of time any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. D. To allocate receipts and expenses to principal or income or partly to each as they from time to time think proper. E. To compromise any claim or controversy. F. To distribute in cash or in kind or partly in each. G. To hold property in their names without designation of any fiduciary capacity or in the name of a nominee or Page 6 unregistered. VI. I direct that all taxes that may be assessed in consequence of my death of whatever nature and by whatever jurisdiction imposed, shall be paid from my residuary estate as a part of the expense of the administration of my estate. VII. The interest of the beneficiaries hereunder shall not be subject to anticipation or to voluntary or involuntary alienation; and the principal and income shall be paid by the trustee or ,guardian directly to or for the use of the beneficiary entitled thereto, without regard to any assignment, order, attachment or claim whatever. VIII. I appoint William E. Masemer as executor of this my will . Should William E. Masemer predecease me, fail to qualify or cease to act, I appoint the Orrstown Bank of Shippensburg,' Pennsylvania; as executor of this my will. Page 7 IX. No bond shall be required of any fiduciary hereunder in any jurisdiction. IN WITNESS WHEREOF, I hereunto set my hand and seal to this my last will and testament, consisting of nine typewritten pages, the first seven of which bear my signature in the margin for the purpose of identification this 3rd_ day of Mai Z ora (SEAL) Signed, sealed, published and declared by the above-named testator as and for his last will and testament in our presence, who in his presence, at his request and in the presence of each other have hereunto set our hands as attesting witnesses o/Li 8 b-4, Cxdl'46�, We, Kenneth M. Hale, Jr. , —Fri UQ and SUL , the testator and the witnesses respectively, whose names are signed to the attached or foregoing instrument, being first duly sworn, do hereby declare to the undersigned authority that the testator signed and executed the instrument as his last will and testament and that he executed it as his free and Page 8 voluntary act for the purposes therein expressed and that each of the witnesses, in the presence and hearing of the said testator signed the will as witnesses and to the best of their knowledge said signer was at that time eighteen years of age or older, of sound mind and under no constraint or undue i fl ence. Te w Witness Witness Subscribed, sworn to and acknowledged before me by the above-named signer and subscribed and sworn to before me by the above-named witnesses this day of 2¢ ,_ AYWI )01—M Nota y _'Piublic COMMONWEALTH 9F BE Notarial Seal Angela M.Schaeffer,Notary Public Shippensburg Boro,Cumberland County My Commission Explres may 15,2o15 MEMBER,PENNSYLVANIA ASSOCIATION OF NOTARIES Page 9 REGISTER OF WILLS CERTIFICATE OF CUMBERLAND COUNTY GRANT OF LETTERS PENNSYLVANIA y of CUM No. 2014- 01148 PA No. 21- 14- 1148 J Estate of: KENNETH M HALE JR O Z (First,Middle,Last) � v Late Of: SOUTHAMPTON TOWNSHIP CUMBERLAND COUNTY r Deceased 7750 Social Security No: WHEREAS, on the Sth day of December 2014 an instrument dated May 3rd 2012 was admitted to probate as the last will of KENNETH M HALE JR s /first,Middle,Lastl CM Co h late of SOUTHAMPTON TOWNSHIP, CUMBERLAND County, M who died on the 19th day of November 2014 and t)- Z M C-q M M WHEREAS, a true copy of the will as probated is anne,,�`e(")d hPretc�, a . THEREFORE, I, LISA M. GRAYSON, ESQ. Regi er �"df iAll* 3h and CO for CUMBERLAND County, in the Commonwealth of Pennsylt>`ania, here rn N fn O certify that I have this day granted Letters TESTAMENTARY to: ORRSTOWN BANK who has duly qualified as EXECUTOR(RIX) and has agreed to administer the estate according to law, all of which fully appears of record in my office at CUMBERLAND COUNTY COURTHOUSE, CARLISLE, PENNSYL VA NIA. IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed the seal of my office on the 5th day of December 2014.' eg ster of Wi ly 1'�PkA D ut **NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST)