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HomeMy WebLinkAbout03-05-15 \\mdwo04\sys\FILES\ClientsU 5704 Smitl�,Terence\I 5704 J.petition.wpd Christopher E. Rice, Esquire LD. No. 90916 MARTSON LAW OFFICES 10 East High Street Carlisle, PA 17013 �- � (717) 243-3341 `� '��'=' � '" eJ"'t , �..r�-3 . f;'� . �,.� --� ' (M� : IN THE COURT OF COMMOl'�1 PI�AS�F , `:; : CUMBERLAND COUNTY, PEN�].SYLVANIA ;` ; IN RE: Estate of Terence G. Smith, Jr., : , Deceased : NO. 21-13-1246 � r' � �� . ._. rv • ORPHANS' COURT DIVISION ''a . ,.._. . ;-> .a �;.; � . rv -�i PETITION TO TERMINATE BOND AND NOW, comes the Petitioners, Terence G. Smith, Sr. and Patricia A. Smith, Administrators of the Estate of Terence G. Smith, Jr., by and through their attorneys, MARTSON LAW OFFICES,and respectfully request the Court's approval to terminate the Bond(as hereinafter defined) as follows: l. Terence G. Smith, Jr. ("Decedent") died October 4, 2013, intestate, a resident of Cumberland County, Pennsylvania. 2. Petitioners were and are the only beneficiaries of Terence G. Smith, Jr. Petitioners are the parents of the Decedent. 3. Letters Administration were issued to the Petitioners on July 31, 2014, under the above-referenced docket number for the Estate of Terence G. Smith, Jr. (the "Estate"). Attached hereto as Exhibit"A" is the Letters Administration. 4. Since the Petitioners were residents of Collier County,Florida, they were required to post a Bond with the Court. 5. The Bond was obtained from Western Surety Company in an amount equal to $20,000.00, which was issued on August 1, 2014, and was known as Western Surety Company #62111185 (the "Bond"). 6. The Administrators had duly administered the Estate according to the laws of the Commonwealth of Pennsylvania, which included, but was not limited to, paying all taxes owed to the Commonwealth. \ � � 7. The Beneficiaries executed an Agreement to Indemnify, Receipt and Release ("Informal Accounting") for the final distribution without a formal accounting to avoid certain expense, delay and publicity of a formal accounting and because they are the only beneficiaries. 8. As a result of such Informal Accounting, no Court Order was issued which would release Western Surety Company, as the bond company, from maintaining the Bond. 9. Petitioners represent that no further party needs to receive notice of this Petition as Petitioners were and remain the only beneficiaries and the Administrators of the Estate. 10. Attorney John Oszustowicz serves as co-counsel to Petitioners and has requested the assistance of Martson Law Offices in terminating the Bond. WHEREFORE,Petitioners request that this Court grant its Petition to Terminate Bond and permit Western Surety Company to cancel the policy and terminate the Bond. Respectfully submitted, MARTSON LAW OFFICES By C�4 �- Christopher E. Rice, Esquire I.D. No. 90916 Ten East High Street Carlisle, PA 17013 (717) 243-3341 Date: March 3, 2015 Attorneys for Petitioner �'&'�s^.:?'. . . . _ - ..�; _c Pi`-'i?ir'�T:e;'-%� S' ; � � "(�<i �^�tiw� ` :,tir : '. �,�'a`c�`' �s: REGISTER OF WILLS CERTIFICATE OF CUMBERLAND COUNTY GRANT OF LETTERS PENNSYLVANIA ADMINISTRATION � No. 2013- 01246 PA No. 21- 13- 1246 � Es ta te Of: TERENCE G SMITH JR ' r�.:t Midd�e,tssrl - -- ' La t e Of: HAMPDEN TO WNSH/P � CUMBERLAND COUNTY Deceased Social Securi ty No: 620-18-6745 WHEREAS, TERENCE G SMITH JR fFusb Midd/e.Las�l late of HAMPDEN TOWNSHIP CUMBERLAND COUNTY died on the 4th day of October 2013 and, WHEREAS, the grant of Letters of Administration is required for the administration of the estate. THEREFORE, I, LISA M. GRAYSON, ESQ. , Register of Wi11s in and for CUMBERLAND County, in the Commonwealth of Pennsylvania, have this day granted Letters of Administration to: TERENCE G SMITH SR and PATRICIA A SMITH who have duly qualified as ADMINISTRATOR(RIX) of the estate of the above named decedent and have agreed to administer the estate according to Iaw, all of which fully appears of record in my office at CUMBERLAND COUNTY COURT HOUSE, CARL/SLE, PENNSYL VAN/A. IN TESTIMONY WNEREOF, I have hereunto set my hand and affixed the seal of my office on the 31st day of July 2014. ; .L � ,�, � .�c •- egrster i . � � � t� � � � -�_ : �; eputy EXHIBIT � j� **NOTE** ALL NAMES ABOVE APPEAR (FIRST, MIDDLE, LAST)