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HomeMy WebLinkAbout08-14-15 I6 - $52 LIVING TRUST ESTATE OF BEVERLY I BAKER, DECEASED DISCLAIMER and RENUNCIATION ' , (FAMILY TRUST) G °; c' WHEREAS, Beverly J. Baker died on May 8, 2015, a resident of Silvgr Spring Tcua;nsh , Cumberland County. Pennsylvania(the"Decedent"); '��,' ;= n r U1 G7 WHEREAS, during the Decedent's lifetime, she created the Beverly J. Baker LivW Trust dated May 3, 1996, and any amendments thereto (the"Trust"); and WHEREAS, the Successor Death Trustee of the Trust is the Decedent's husband, Harry R. Baker(the"Husband"); and WHEREAS, during the Decedent's lifetime, she invested in. an Odyssey Plus Fixed Annuity, Contract No. OSL-24710023, issued by Mass Mutual Financial Group (the "Annuity"); and WHERAS, the Decedent had designated the Trust as primary beneficiary of the Annuity; and WHEREAS, the Husband has disclaimed the Annuity and all of his interest in the Survivor's Trust, as a result of which the Annuity was allocated to the Family Trust to be held, administered and distributed according to the provisions of Article Nine of the Trust. WHEREAS, less than nine (9) months have elapsed since the date of death of the Decedent and the undersigned Disclaimant has not accepted any of the Annuity nor has he exercised any control as beneficial owner over the Annuity or any interest therein. WHEREAS, the Disclaimant acknowledges that the effect of the execution of this Disclaimer and Renunciation is that the Annuity that would have otherwise been held for his benefit under the Family Trust shall pass to his and the Decedent's children, Steven G. Baker, Edwin R. Baker, and Kevin L. Baker. NOW, THEREFORE, I, HARRY R. BAKER, an adult beneficiary residing at 215 N. Locust Point Road, Mechanicsburg, Pennsylvania 17050, do hereby exercise the rights granted to me in the Pennsylvania Probate, Estates and Fiduciaries Code, 20 Pa. C.S.A. §6201 et seMc., and do hereby DISCLAIM AND RENOUNCE all of my right, title and beneficial interest in and to the Annuity and all of my interest in the Family Trust, as a consequence of which the Annuity shall now pass to Steven G. Baker, Edwin R. Baker, and Kevin L. Baker. IN WITNESS WHEREOF, intending to be legally bound hereby and that this Disclaimer and Renunciation shall be filed of record with the Trustee of the Trust, as provided in 20 Pa. C.S.A. §6204(a), I have hereunto set my hand this day of August, 2015. SIGNATURE APPEARS ON NEXT PAGE 2 WITNESS: DISCLAIMANT: t Harry R. Baker COMMONWEALTH OF PENNSYLVANIA ) ss: COUNTY OF �t URIJi� ) On this, the (P day of August, 2015, before me, a Notary Public in and for the Commonwealth of Pennsylvania, the undersigned officer, personally appeared Harry R. Baker, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument and acknowledged that he executed.,the same for the purposes therein contained. Notary Public My Commission Expires: �j �r COMIWplajj�L � EN v.lttlA NOUN G SEAL Notary Public bFf�f�� ®�yphln County My C®hi iii g18 SxplNs May 25,2019 ® R,RNNSYI CIATION OF NOTARIE 3