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HomeMy WebLinkAbout03-03-15 _ _.___ ___ _ _ _ _�_ �.�.. �-w_ — �_. . .. �:, _ � - . � � `''"Y M I ' . i ; ' � - _ _ E;.: , . G_ ._.,. `��= .... C..:? �',� �' !j.- .... GJ �-- - l ' C:j :: L:_I �,,_ �., � �-�- c_�; L� �,.., COURT OF COMMON PLEAS OF CUMBERLAND COUNTY,PENNSYLVANIA ORPHANS' COURT DIVISION NO. 21-13-1246 ------------------------------------------------------------------------------ ESTATE OF TERENCE G. SMITH,JR., DECEASED Late of Cumberland County , PA ------------------------------------------------------------------------------ FAMILY SETTLEMENT AGREEMENT AND RELEASE OF TERENCE G. SMITH, SR. AND PATRICIA A. SMITH, ADMINISTRATOR Date of Death: October 4,2013 Letters Granted: July 31, 2014 First Complete Advertisement of Grant of Letters: August 16, 2014 Account stated to: January 19, 2015 �:_ �,,, c.; c, �.,'..j �I ~J .� .. ( .� T vJ (~� _... ;, .. . � �... ,. (-t. , . . . � John C Oszustowicz, Esq. `LL `"' 104 South Hanover Street � _.; . f , � : Carlisle, PA 17013 �� t`'; � � , ' (717)243-7437 C> L�_ � r,� .'�7 L�1 .. C� �-=: l.r-a C'J �--� ;3 t::-_' C.7 c�,', / / � AGREEMENT TO INDEMNIFY,RECEIPT, AND RELEASE THIS AGREEMENT,by and among Terence G. Srnith, Sr. and Patricia A. Smith, Administrators of the Estate of Terence G. Smith, Jr.,Deceased and Terence G. Smith, Sr. and Patricia A. Smith WHEREAS,Terence G. Smith,Jr. died October 4,2013, intestate, a resident of Cumberland County,Pennsylvania; and WHEREAS,Terence G. Smith,Jr. died intestate,the sole surviving beneficiaries are Terence G. Smith, Sr. and Patricia A. Smith; and WHEREAS,Letters Administration were issued to Terence G. Smith, Sr. and Patricia A. Smith on July 31, 2014; and WHEREAS, said Administrators have duly administered the estate according to the laws of the Commonwealth of Pennsylvania; and WHEREA5,Terence G. Smith, Sr. and Patricia A. Smith 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� Terence G. Smith, Sr. and Patricia A. Smith does hereby release and forever discharge Terence G. Smith, Sr. and Patricia A. Smith,Administrators, from any and all liability which they had or may have or which may from time to time arise in connection with their service as Administrators of the Estate of Terence G. Smith,Jr., Deceased, and hereby authorize and request the Orphans' Court Division to charge the same against his share 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 Agreemeed nks and hat the terms he�of shall be binding upon their recorded m the estate proc g respective heirs, successors, administrators, administrators and assigns. This Agreement shall be governed by the laws of the Commonwealth of Pennsylvania. i!, DATED this �� day of ���r�o..�rt.t , 2015. , , �,."/� ,/'J'�,.� w r I/, r .�R.-^L. �✓./�--�-�c,C.�A...��" � �/"WII/C� � �_g�l• Witnes � Terence G. Smith, Sr., Administrator -� � `�-��] � � '�- J�- /t-',�-��-c-te��'/h-,�'�e-e,�� ��G� �.�' Witness �� Patricia A. Smith,Administrator '�r ��C� ,r'�.sL,�-l:-E+--�e4, ��`�f� �( • �-L� �,. � Witnes � Terence G. Smith, S ., Beneficiary �,.,�__. . ��� _ `� � (1.�.J�.. `� � .A..t,G .� . Witness � Patricia A. Smith, Beneficiary �