HomeMy WebLinkAbout06-16-15 RECORDED OFFICE OF
REGISTER OF WILLS
FAMILY SETTLEMENT AGREEMENT 21015 U11IN 16 All 8 23
IN THE ESTATE OF STEVEN R. MYERS, DECEASED CLERKOF
PY ORPI.11A 1S' COURT
AGREEMENT executed this 9 day of `,o- n C C U loo--57 Lby l Pilo,0•• P'AA
between CONNIE F. MYERS, Administratrix of the ESTATE OF STEVEN R. MYERS,
deceased, and GREGORY MYERS, JOSHUA T. MYERS, MALENA ROSENBERRY and
CONNIE F. MYERS, heirs and beneficiaries of the ESTATE OF STEVEN R. MYERS.
WHEREAS, STEVEN R. MYERS, late of Middlesex Township, Cumberland County,
Pennsylvania, died on January 12, 2014, without leaving a Last Will and Testament.
WHEREAS, on March 4, 2014,. the Register of Wills in and for the County of
Cumberland, Commonwealth of Pennsylvania, did constitute and appoint CONNIE F. MYERS,
as Administratrix of the Estate of Steven R. Myers, in Estate Number 21-14-01.99; and
WHEREAS, the Administratrix has proceeded with the administration of said Estate
consisting of assets in the amount of $31,004.56, less disbursements in the amount of
$17,406.77, and accruing income in the amount of$5.48, leaving $13,603.27 for distribution to
heirs, as set forth on the First and Final Account, a true and correct copy of which is attached
hereto and made part hereof as Exhibit b "A", and
WHEREAS, the only parties in interest in said Estate are the above-named parties, and
WHEREAS, said parties in interest desire that the Administratrix shall not be required to
file an Account with the Orphan's Court of Cumberland County, Pennsylvania, and that the net
estate of the decedent shall be distributed without the necessity of filing a formal Account to
avoid the expense, delay and publicity of a formal accounting, but should instead be distributed
in accordance with the Administratrix' Proposed Schedule of Distribution, as set forth in the
attached First and Final Account.
NOW THEREFORE, in consideration of the mutual promises, covenants and agreements
recited herein, the above-named heirs and beneficiaries of the Estate of STEVEN R. MYERS do
hereby mutually agree as follows:
1. The parties hereto, and.each of them, agree and acknowledge that they have
fully and carefully examined the First and Final Account of CONNIE F. MYERS,
Administratrix for the Estate of STEVEN R. MYERS, deceased, and Proposed Schedule of
Distribution relating thereto, and find them to. be true and correct, and acceptable to the
parties hereto and each of them, and further that each of them has received a copy of this
Family Settlement and Final Release and of said Account and Proposed Schedule of
Distribution.
2. The parties hereto hereby agree that in order to avoid the expense, delay and
publicity involved in the filing of a formal Account and Schedule of Distribution, no
accounting to the Court is necessary and we do hereby agree that we do consent to
distribution being made without the filing of an Account and Schedule of Distribution, the
same to be with the same force and effect as if they had been filed and confirmed by the
Orphan's Court Division of the Court of Common Pleas of Cumberland County,
Pennsylvania.
3. The parties hereby remise, release, quitclaim and forever discharge the Estate
of STEVEN R. MYERS, and CONNIE F. MYERS, Administratrix, her heirs,
Administratrixs, administrators and assigns, from all manner of acts, suits, claims,
accountings, debts and demands whatsoever which we or any of us or our legal
representatives or assigns may at any time hereafter have against said Administratrix, estate,
or assets thereof, touching or concerning the Estate of the Decedent.
4. The parties hereto covenant and agree that they will contribute their share of
the Estate to satisfy all claims, debts, demands, suits or cause of action which may be
successfully brought against the Estate or the Administratrix after the execution of this
Family Settlement and Final Release.
5. The parties hereto hereby agree that they will at all times in the future and
wherever necessary, appropriate or convenient, make, execute and deliver to said
Administratrix, and/or to the other party or persons, any and all instruments, documents,
conveyances, deeds, releases or other instruments of any kind necessary or convenient to
carry out the intention of this Family Settlement and Final Release.
6. This Family Settlement and Final Release constitutes the entire understanding
among the parties hereto, and each of them acknowledges that no representations or
statements of any kind, written or oral, have been made to them or any of them prior hereto
by the Administratrix or any other person or party upon her behalf.
7. This Family Settlement and Final Release shall inure to the benefit and shall
bind the parties hereto, and each of them, their heirs, executors, administrators, successors
and assigns.
8. This Family Settlement and Final Release shall be governed by the laws of the
Commonwealth of Pennsylvania.
IN WITNESS WHEREOF, the parties hereto have hereunto set their respective hands
and seals the day and year first above written.
W ETH:
3 -30 -
Date
-30 -Date CONNIE F. MYERS,
Administratrix and individually as heir
and beneficiary
Date R Y MYERS
Individually as heir and beneficiary
Date XJASHUA T. MYERS
ndividually as heirand eficiary
Alei
Date MALENAE ERRY
Individu y as heir and b �Viary
I hereby certify that written notice of the filing of this Account, and of the date, time and place when the
same will be presented to the Court for confirmation and of the last day to file written objections to said
Account, has been given to every unpaid claimant and to every other person known to the accountant to
have or claim an interest in the estate as creditor, beneficiary, heir, or next of kin.
4TWi
e, Esquire
'4
r
In the Court of Common Pleas of Cumberland County, Pennsylvania
Orphans' Court Division
File No. 21-14-0199
Estate of Steven R. Myers, Deceased
Late of Township of Middlesex
First and Final Account
Connie F. Myers, Administratrix
Date of Death: 01/12/2014
Date of Incapacity, if any: None
Date of Administratrix's Appointment: 03/05/2014
Date of First Complete Advertisement: 03/13/2014
Accounting for the period: 01/12/2014 to 03/31/2015
Purpose of Account: Connie F. Myers, Administratrix, 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 or questions
or objections can be discussed with: -
Bradley L. Griffie
Griffie &Associates, P.C.
200 North Hanover Street
Carlisle, PA 17013
717-243-5551
Supreme Court I.D. No. 34349
SUMMARY OF ACCOUNT
Estate of Steven R. Myers, Deceased
For the period of January 12, 2014 through March 31, 2015
PAGES
PRINCIPAL
Receipts: This Account A 31,004.56
Net Gain (or Loss) on Sales
or Other Dispositions 0.00
31,004.56
Less Disbursements: C
Debts of Decedent 5,353.99
Funeral Expenses 3,897.32
Administration Expenses 655.70
Federal, State& Local Taxes 0.00
Commissions 2,000.00
Fees 5,499.76
Family Exemption 0.00 17,406.77
Balance Before Distributions 13,597.79
Transfer to (from) Principal TP 0.00
Distributions to Beneficiaries D 2,630.00
Principal Balance on Hand PBOH 10,967.79
For Information:
Investments Made
Changes in Holdings F
INCOME
Receipts This Account G 5.48
Net Gain (or Loss) on Sales 0.00
or Other Dispositions 5.48
Less Disbursements 0.00
Balance Before Distributions 5.48
Transfer to (from) Income TI 0.00
Distributions to Beneficiaries 0.00
Income Balance on Hand IBOH 5.48 .
For Information:
Investments Made
Changes in Holdings
COMBINED BALANCE ON HAND CBOH 10,973.27
Signature
Verification
SCHEDULE A
RECEIPTS OF PRINCIPAL
Assets Listed in Inventory Fiduciary
(Valued as of Date of Death) Acquisition
Value
Cash
2003 Ford F250 Pickup Truck 1,500.00
2005 Ford F250 Pickup Truck 2,205.00
2006 Ford F250 Pickup Truck 2,500.00
2006 Yamati Moped 425.00
Orrstown Bank Checking Account- 16,572.89
Account No.XXXXX2141
Progressive Refund 48.00
Wells Fargo Checking Account - 5,570.32
Account No.XXXXXX3553
Wells Fargo Savings Account- 1,806.19
Account No.XXXXXX9006
Total Cash 30,627.40
Stocks/Listed
Wendy's Company- 377.16
Account No.XXXXXX6279
42.000 shares @$8.98/per share
(See attached statement)
Total Stocks/Listed 377.16
Total Receipts 31,004.56
Total Receipts of Principal 31,004.56
A-1
dl
SCHEDULE C
DISBURSEMENTS OF PRINCIPAL
Debts of Decedent
2012 Personal Income Tax (Dept. of Revenue)
10/14/2014 304.16
304.16
2013 Personal Income Tax (Cumberland County Tax Bureau)
04/15/2014 205.00
205.00
2013 Personal Income Tax (Dept. of Revenue)
04/15/2014 443.00
443.00
2013 Personal Income Tax-(IRS)
04/15/2014 1,144.00
1,144.00
Beth Carson, Tax Collector
10/14/2014 11.00
11.00
Holy Spirit Hospital
07/23/2014 380.48
07/23/2014 1,248.00
1,628.48
Pinnacle Hospital
07/23/2014 654.00
654.00
C-1
SCHEDULE C
DISBURSEMENTS OF PRINCIPAL
Continued
R.F. Facier, Co
10/14/2014 291.33
(Supplies for decedent's business)
291.33
United Refrigeration, Inc
10114/2014 114.12
(Supplies for decedent's business)
114.12
United States Treasury
01/15/2015 504.90
(2011 Personal Tax)
504.90
Verizon Wireless (final billing)
0712312014 54.00
54.00
Total Debts of Decedent 5,353.99
Funeral Expense
Fogelsanger-Bricker Funeral Home, Inc.
04/08/2014 3,897.32
3,897.32
Total Funeral Exoenses 3,897.32
Administration Expenses
C-2
, 4 ,
SCHEDULE C
DISBURSEMENTS OF PRINCIPAL
Continued
Cost to complete title transfer of 2006 Ford 250
06/27/2014 201.50
201.50
Orrstown Bank - bank fees
04/01/2014 31.40
31.40
Probate Fees
03/05/2014 178.50
178.50
The Cumberland Law Journal (Advertising)
04/04/2014 75.00
75.00
The Sentinel (Advertising)
04/08/2014 169.30
169.30
Total Miscellaneous Administrative Expenses 655.70
Commissions
Connie F. Myers
01/15/2015 2,000.00
2,000.00
Total Commissions 2,000.00
C-3
SCHEDULE C
DISBURSEMENTS OF PRINCIPAL
Continued
Fees
Cohick&Associates
04/18/2014 200.00
200.00
Griffie &Associates. P.C.
01/15/2015 5,000.00
5,000.00
Inheritance Tax
09/30/2014 299.76
299.76
Total Fees 5;499.76
TOTAL DISBURSEMENTS OF PRINCIPAL 17,406.77
C-4
SCHEDULE D
DISTRIBUTIONS OF PRINCIPAL
01/12/2014 In kind distribution to Connie F. Myers- 2,630.00
Moped - $425.00
2005 Ford F250 - $2,205.00
2,630.00
TOTAL DISTRIBUTIONS TO BENEFICIARIES 2,630.00
D-1
PRINCIPAL BALANCE ON HAND
Current Value Fiduciary
03/31/2015 Acquisition
#Units Description or as Noted Value
Cash
Orrstown Bank -17,406.77 -17,406.77
Total Cash -17,406.77 -17,406.77
Assets
2003 Ford F250 Pickup Truck 1,500.00
2005 Ford F250 Pickup Truck 2,205.00
2006 Ford F250 Pickup Truck 2,500.00
2006 Yamati Moped 425.00
In kind distribution to Connie F. Myers -2,630.00
Orrstown Bank Checking Account 16,572.89
Progressive Refund. 48.00
Wells Fargo Checking Account 5,570.32
Wells Fargo Savings Account 1,806.19
Wendy's Company 377.16
Total Assets 28,374.56
-17,406.77 10,967.79
PBOH-1
SCHEDULE G
RECEIPTS OF INCOME
Dividend
UPRR Securities. LL
0611312014 3.38
3.38
Wendy's Dividend
06/19/2014 2.10
2.10
TOTAL DIVIDEND INCOME 5.48
TOTAL RECEIPTS OF INCOME 5.48
G-1
INCOME BALANCE ON HAND
Current Value Fiduciary
03/31/2015 Acquisition
#Units Description or as Noted Value
Orrstown Bank 5.48 5.48
Total Cash 5.48 5.48
5.48 5.48
IBOH-1
COMBINED BALANCE ON HAND
Current Value Fiduciary
03/31/2015 Acquisition
# Units Description or as Noted Value
cash
Orrstown Bank -17,401.29 -17,401.29
Total Cash -17,401.29 -17,401.29
Assets
2003 Ford F250 Pickup Truck 1,500.00
2005 Ford F250 Pickup Truck 2,205.00
2006 Ford F250 Pickup Truck 2,500.00
2006 Yamati Moped 425.00
In kind distribution to Connie F. Myers -2,630.00
Orrstown Bank Checking Account 16,572.89
Progressive Refund 48.00
Wells Fargo Checking Account 5,570.32
Wells Fargo Savings Account 1,806.19
Wendy's Company 377.16
Total Assets 28,374.56
-17,401.29 10,973.27
CBOH-1
r .
PROPOSED DISTRIBUTIONS TO BENEFICIARIES
Current Value Fiduciary
03/31/2015 Acquisition
or as noted Value
TO:
Connie F. Myers 4,171.63
Gregory Myers 2,267.21
Joshua T. Myers 2,267.21
Malena Rosenberry 2,267.21
10,973.26
Total 10,973.26
PD-1
In the Court of Common Pleas of Cumberland County, Pennsylvania
Orphans' Court Division
File No. 21-14=0199
Estate of Steven R. Myers, Deceased
Signature
Connie F. Myers,Administr ix
" i.
In the Court of Common Pleas of Cumberland County, Pennsylvania
Orphans' Court Division
File No. 21-14-0199
Estate of Steven R. Myers, Deceased
Verification
Connie F. Myers,Administratrix under the Last Will and Testament of Steven R. Myers, Deceased,
hereby declares under oath that he/she has fully and faithfully discharged the duties of his/her
office; that the foregoing 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 his/her knowledge,there are no claims now 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 foregoing
Account.
This statement is made subject to penalties of 18 Pa. C.S.A.Section 4904 relating to unsworn
falsification to authorities.
Dated: f S
Connie F. Myers,Adminis atrix
I hereby certify that written notice of the filing of this Account, and of the date, time and place when
the same will be presented to the Court for confirmation and of the last day to file written objections
to said Account, has been given to every unpaid claimant and to every other person known to the
accountant to have or claim an interest in the estate as creditor, beneficiary, heir, or next of kin.
r riffle,Esquire