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HomeMy WebLinkAbout01-09-06 REGISTER OF WILLS OF CUMBERLAND COUNTY, PENNSYL VANIA Estate of William W. Guy, No. 21-05-00574 Deceased Date of Death: June 9, 2005 Social Security No. 315-12-1094 '. FAMILY SETTLEMENT AND FINAL RELEASE ESTATE OF WILLIAM W. GUY. DECEASED KNOW ALL MEN BY THESE PRESENTS, that William W. Guy, late of New Cumberland Borough, Cumberland County, Pennsylvania, deceased, died testate on June 9, 2005, having first made his Last Will and Testament, which was duly executed on May 25, 2004, and probated in the Office of the Register of Wills of Cumberland County, on June 23, 2005. WHEREAS, the said William W. Guy, by the aforesaid Last Will and Testament, appointed his son, William T. Guy, as executor of said Last Will and Testament; WHEREAS, Letters Testamentary on the Estate of the said decedent were duly issued by the Register of Wills of Cumberland County, Pennsylvania, to the said Executor, hereinafter called personal representative; WHEREAS, the personal representative has gathered the assets of the Estate of the said decedent, paid all obligations of the said decedent and his estate, and have caused to be prepared and filed a Pennsylvania inheritance tax return, and has prepared a first and final account, a copy of which has been provided to each of the named beneficiaries of the Estate of decedent; WHEREAS, Mary Susan Bianchi, William T. Guy, Rebecca E. Theurer, and Teresa A. Rillo, children of the decedent, are the heirs of the Estate pursuant to the terms of the Last Will and Testament ofthe said decedent; and WHEREAS, Mary Susan Bianchi, William T. Guy, Rebecca E. Theurer, and Teresa A. Rillo hereby acknowledge that they are in receipt of a copy of the decedent's Will, the Inventory filed of record with the Register of Wills of Cumberland County, the Pennsylvania Inheritance Tax Return filed and approved by the Executor and a First and Final Account which includes a proposed Schedule of Distribution of remaining assets of the decedent. NOW, THEREFORE, Mary Susan Bianchi, William T. Guy, Rebecca E. Theurer, and Teresa A. Rillo, being the sole and only heirs under the Last Will and Testament of the said decedent, and being the only persons entitled to inherit under said Last Will and Testament, do hereby acknowledge that they have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sums of money, legacies, bequests, and devises as are given, devised and bequeathed to each of us respectively by the said Last Will and Testament, the amounts due to them under said Last Will and Testament as set forth in the Schedule of Distribution; and do hereby stipulate that in order to avoid the expense and time involved in the filing of a formal account and schedule of distribution, we agree that no account 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 Orphans' Court Division of the Court of Common Pleas of Cumberland County, Pennsylvania. THEREFORE, we do hereby remise, release, quitclaim and forever discharge the said personal representative, William T. Guy, his heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims, and demands whatsoever for or by reason thereof, or for any other use, matter, cause or thing whatsoever, touching upon the Estate of the said decedent, and we do further hereby covenant and agree that should any liability come due to the estate of the said decedent after the signing of this Agreement, we do hereby covenant and agree that we will contribute to the Estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully prosecuted against the said Estate or the aforesaid personal representative after the signing, sealing and delivery of this Family Settlement Agreement and Final Release. THIS A GREEMENT may be executed by the parties in multiple counterparts and shall become effective when executed by all parties hereto. IN WITNESS WHEREOF, we have hereunto set our hands and seals the day and year noted below. /2- J(~2tJOS Date _p~~ A. ILl; Witness U ~T William T. Guy, Individually d in his capacity as Executor of the Last Will and Testament of William W. Guy, Deceased J :J. - ~ -0$" Date ~:~IY~/:S- f/;t! I!~~~ tat .j?- O~~S atK J; ;f/rf' ~ Witness /' ~2!~ I Rebecca E. Theurer VLAtU tlt1;O Teresa A. Rillo