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HomeMy WebLinkAbout09-11-15 (2) RECORDED OFFICE OF ESTATE FAMILY SETTLEMENT AGREEMENT REGIS t E'"`F art_!a ESTATE OF CHARLOTTE M. THOMAS MIS -1-0 11 Fn 1.2 11 FILE NO. 2013-00895 CLE THIS AGREEMENT is made this 9 day of 2015,d),yFqr)0:,A.r'n6ng' s�i Debra Mihalaki and Jerald Thomas, Executors and bene iciaries of the qlest�te > "s In accordance with their desire that the Executors of the Estate of Charlotte M. Thomas be terminated without the expense and delay of a court accounting, the parties hereto, in consideration of the mutual covenants herein expressed, and intending to be legally bound hereby, agree that: 1. The Estate of Charlotte M. Thomas, who died August 5, 2013, is now in the process of administration, Letters Administration having been duly granted to the Executors Debra Mihalaki and Jerald Thomas by the Register of Wills of Cumberland County, Pennsylvania. 2. The parties acknowledge that the Executors have received the assets and made the payments set forth in the First and Final Account of the Executor, a copy of which is marked Exhibit A, attached hereto and made part hereof, and the parties approve the said Account in its entirety. 3. The parties understand that they have a right. to a court hearing on the account, and that they would have the right in such a proceeding to appear in person or by counsel to state any objections they might have to the accounting or to the proposed distribution. 4. As the parties have no objection to the account, and desire that the proposed distribution be made without the expense and delay of a court accounting, they waive the filing and auditing of the account of the court having jurisdiction over the estate. 5. The parties, and each of them, hereby forever fully releases, compromises, settles and discharges any and all claims, demands, actions, or causes of action, legal or equitable, absolute or contingent, vested or hereafter to accrue, which any of them may have against any other party hereto or against the Estate of Charlotte M. Thomas, deceased, or the Executors thereof, by reason of any matter, cause or thing growing out of or relating to any act of the Executors in their Administration of said estate, even if attributable to negligence. 6. The parties agree to execute such additional releases as the Executors may submit to them in order to confirm his discharge from any further liability to the parties in connection with the said estate. 7. This agreement shall be binding upon the parties hereto, their heirs, next-of- kin, personal representatives, natural guardians and assigns. IN WITNESS WHEREOF, the parties; intending to be legally bound, have set their hands and seals the day and year above written. This agreement may be executed in counterparts, each of which will be treated as an original. Witness: Oj&o MbA Debra Mihalaki, Executor Jel Thomas, Executor Donna Schlegel, Beneficialy Nancy Stover, Be)neficiary Justin Mihalaki, Beneficiary ESTATE OF CHARLOTTE M. THOMAS, DECEASED Late of Hampden Township, Cumberland County FILE NO. 2013-00895 FIRST AND FINAL ACCOUNT OF DEBRA MIHALAKI AND JERALD THOMAS, EXECUTORS Date of Death: August 5, 2013 Letters Granted: August 16, 2013 Account Stated To: August 11, 2014 PRINCIPAL RECEIPTS Checking Accounts $ 12, 180 . 31 Refunds DTV & QVC $ 216. 13 Personal Property Estimated Value $ 615. 00 2002 Buick LaSaber - Kelly Blue Book Value $ 6, 500 . 00 Property 104 N. 36th St. , Camp Hill. Appraised Value $145, 000 . 00 TOTAL $164, 511 . 44 PRINCIPAL DISBURSEMENTS Funeral Expenses & Admin Costs $ 4, 146. 60 Appraisal Fees $ 425 . 00 Medical & Utility Bills $ 2, 770 . 71 Property Taxes $ 1, 670 . 86 PA Inheritance Tax & additional probate fees $ 6, 905 . 09 Estate Legal Fees $ 4, 112 . 00 Transfer of Property $145, 000 . 00 Transfer of Buick LaSaber $ 6, 500 . 00 TOTAL DISBURSEMENTS TO DATE: $171, 530 . 26 Transfer to Estate by Debra Mihalaki/Justin Mihalaki $7, 238.. 82 CURRENT BALANCE TO BE DISTRIBUTED: $ 220 .00 Donna Schlegel $ 100 . 00 Nancy Stover $ 100 . 00 Register of Wills - File Family Settlement Agree $ 20 . 00 TOTAL DISBURSEMENTS: $171, 750 . 26 LAW OFFICES OF STEPHEN K. PORTKO 101 South U.S. Route 15, Suite B Dillsburg, PA 17019 Stephen K.Portko,Esquire Office: (717)432-2538 Email: skportko@aol.com September 8, 2015 Register of Wills Cumberland County Courthouse 1 Courthouse Square Carlisle, PA 17013 RE: Estate of Charlotte Thomas No. 21-13-0895 Dear Register of Wills: Enclosed please find an original and two copies each of the Status Report Under Rule 6.12 and the Estate Family Settlement Agreement for the above referenced estate. Also enclosed is a check in the amount of$20.00 in payment of the filing fee for the Family Settlement Agreement. Please return the clocked in copies in the enclosed self-addressed, stamped envelope. Thank you. Very truly yours, Ronnetta Rider, LegaMssistant C rl rn , RSR Fri 77) Enclosures rn