HomeMy WebLinkAbout03-27-79
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IN RE:
DANIEL S. CAVALLARO,
IN THE COURT OF COMMON PLEAS OF
CUMBERLAND COUNTY, PENNSYLVANIA
Deceased.
IN THE ORPHANS' COURT DIVISION
NO. ol i- 7 j'- C? 0 I
FAHILY AGREEHENT
THIS AGREEHENT, made the ~1-r( day of March, 1979, by
and among, FRANCES A. CAVALLARO, Administratrix of the Estate of
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Daniel S. Cavallaro, deceased, MARY J. MUSMANNO, LISA CAVALLARO,
DONNA CAVALLARO ..and FRANCES A. CAVALLARO, the sole surviving heirs
of Daniel S. Cavallaro, deceased.
WHEREAS, Daniel S. Cavallaro died April 12, 1978,
intestate, a resident of the Borough of New Cumberland, Cumberland
County, Pennsylvania; and
WHEREAS, he left surv~v~ng as his sole heirs at law
his wife, FRANCES A. CAVALLARO, and his three children, MARY J.
HUSMANNO, LISA CAVALLARO and DONNA CAVALLARO; and
WHEREAS, Letters of Administration were granted to
FRANCES A. CAVALLARO on April 19, 1978, by the Orphans' Division
of the Court of Common Pleas of Cumberland County; and
WHEREAS, the Administratrix has filed on or about
January 20, 1979, the Inventory and Appraisment of all the real
and personal property and also all of the Commonwealth of Pennsylvania
Inheritance Tax forms; and
WHEREAS, all of .the heirs:?t law:of~::,the decedent are
desirous of providing a different method of distribution of the
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aforementioned Estate than is provided for under the Intestate
Provision of the Probate, Estate and Fiduciary Code of the
Commonwealth of Pennsylvania;
NOW, THEREFORE, in consideration of the mutual covenant
of the parties hereto intending to be legally bound hereunder and
fully aware of their rights as provided for by the aforementioned
Act, do hereby agree as follows:
1. The total amount of the gross estate of the decedent
was Forty-Seven Thousand Two Hundred Fifty-Eight Dollars and Thirty-
One Cents ($47,258.31), and the total deductions necessary to
administer the estate and liquidate the real estate and personalty
was Six Thousand Six Hundred Nine Dollars and Sixty-Seven Cents
($6,609.67). These figures were reflected in the inheritance
tax forms fiied with the Commonwealth 0:': I'ermsylvania a;~d the
Register of Wills af~ice in and for Cumber1a~d County.
2. From the net amount of Forty Thousand Six Hundred
Forty-Eight Dollars and Sixty~Four Cents ($40,648.64), there
remained to be paid prior to distribution, the Pennsylvania
Inheritance Tax together with interest and possible penalties
due to the late receipts from the Estate of Harry Hippensteel
in the amount of $ 2,591.15 , thus leaving a net balance for
distribution of approximately Thirty Eight Thousand Fifty-Seven
Dollars and Forty-Nine Cents ($38,057.49).
3. ~e daughters of t~e decedent, MA.RY J. }illSl1ANNO,
LISA CAVALLARO and DONNA CAVALLAR0, all being of age, do hereby
release, quit claim, relinquish and give up all of their right,
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title and interest in and to their shares of the aforementioned
net balance for distribution and absolutely and-unequivocally
assign, set over and authorize the payment of their shares in
full to their mother, FRANCES A. CAVPLLARO, the other legal heir
at lav1.
4. The Administratrix of the Estate and her attorney
are hereby authorized and directed by the parties hereto to
distribute the total net balance to FRANCES A. CAVALLARO and
accept from her a release which will legally constitute sufficient
acknowledgment of the complete settlement of the entire estate
without audit and Order of Distribution by the Court.
5. All parties hereto acknowledge having received
copies of all of the Inventory of the Assets, a Statement of
Debts and Deductions and a copy of this Family Agreement.
IN ~ITTNESS WHEREOF, the parties hereto have executed
this document the day and year first above written.
ESTATE OF n,A.NIEL S. CAVALLARO
By:/J~~ O. ~ .cf~?:M
FRANCES A. CAVALLARO, ADMINISTRATRIX
20~ {J. ~ ~.-vj
FRP.NCES A. CAVALLARO. W~dOvf
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~LlSA CAVAL,LARO
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ONNA CAVALLARO
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