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Home My WebLink About07-12-06 (2) RECEIPT AND RELEASE WHEREAS, Sara V. Hair, late of North Middleton Township, County of Cumberland and Commonwealth of Pennsylvania, died on July 16, 2005 having first made her Last Will and Testament In writing probated before the Register of Wills of said Cumberland County on July 27, 2005, and Letters Testamentary were issued on the same date to Edward P. Hair, the Executor named in the Last Will and Testament of said Decedent; and WHEREAS, said Executor has entered upon and completed his administration of said Decedent's Estate as set forth in his First and Final Account attached hereto, and intends to distribute the net balance of the assets of said Estate to the persons named in the Statement of Proposed Distribution also attached hereto, both of said documents being incorporated herein by reference thereto; and NOW KNOW ALL MEN BY THESE PRESENTS, that we, Edward P. Hair, Fred E. Hair and Nancy A. Walters, being the principal legatees and distributees named In the Will of said Decedent and the persons entitled to share in the residuary distribution of the Estate of said Decedent, do hereby declare and say that we, and each of us, have examined the attached Account and Statement of Proposed Distribution, and find the same to be true and correct, L.f...V/ U~F-"ICES SNELBAKER & BRENNEMAN. PC. 1 (' and in strict accordance with the terms and provisions of said Will, and we do hereby acknowledge that we, and each of us, this day have, had and received of and from Edward P. Hair, the Executor of the Estate of Sara V. Hair, the cash, personalty and/or real estate set opposite our names in the above Statement of Proposed Distribution, in full satisfaction, payment and discharge of all such sum or sums of money, legacies and bequests, share or shares, purports and dividends which were due, oWlng and payable and belonging to us, and each of us, by any means whatsoever, for or on account of our full share, part or dividend of the Estate of Sara V. Hair, Deceased. NOW, THEREFORE, we, and each of us, the said Edward P. Hair, Fred E. Hair and Nancy A. Walters, do by these presents, remise, release, quit-claim and forever discharge the said Edward P. Hair, his heirs, executors and administrators, of and from our said shares or dividends of the Estate aforesaid, and of and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, for or by reason thereof, or of any act, matter, cause or thing whatsoever, from the beginning of the world to the day and date of these presents. AND, desiring to avoid the delay and expense of the settlement of said Estate by filing the foregoing Account of said administration in the Office of the Register of Wills of said Cumberland County and by having the balance in the hands of the Executor, as shown by said Account, distributed by the Court of :lFF'IG:S SNELBAKER & BRENNEMAN. P,C, 2 ()~FICES SNEL8Ar<,ER & BRENNEMAN, P,C. Common Pleas of Cumberland County - Orphans' Court Division, we, and each of us, do hereby agree that the foregoing Account and Statement concerning the matter of settlement may be recorded with the same effect upon us, and each of us, as if the same had been reported upon by said Court, in a decree of distribution made on such proposed Statement of Distribution by the said Court of Common Pleas - Orphans' Court Division. AND in consideration of the aforesaid settlement being made without the aid of such Court of Common Pleas - Orphans' Court Division, that we, and each of us, the said Edward P. Hair, Fred E. Hair and Nancy A. Walters, do hereby agree that if any debts or demands other than those included in the above referenced First and Final Account, as hereinbefore set forth, shall be hereafter recovered against the Estate of said Decedent and be legally payable out of the same, that we, and each of us, will return to the said Executor such amounts thereof as may be necessary to pay such debts or demands. IN WITNESS WHEREOF, we have hereunto set our hands and seals this rlit\ day of -~;I..lo-- WITNESSED BY: 2006. /) "0" /J . r C. t'1.:~?:d l J:<~v, Edwar P. Halr (SEAL) .~ ~;/y ~~ !l-;;~:-/__(SEAL) Fr"ed E. Hair f\ C1l/v"- ~~ f't. \...'l._ (l..,,Li..-,-;.;~'-L/ Nancy A. \Wal ters (SEAL) 3 COMMONWEALTH OF PENNSYLVANIA) SS. COUNTY OF CUMBERLAND) On this the r-t+~, day of ,~ J Ll t LJ 2006, before me, a Notary Public in and for said State and County, the undersigned officer, personally appeared Edward P. Hair, Fred E. Hair and Nancy A. Walters, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. ~ ' " I' '\ .' C"'. >- cUl_O-KJJ\'C~ Notary Public COMMONVv:;:j,L., h::;r",.: iei\IS{l...VANIA I . Natali;, Se-;;T "~'---, Sandra K. Showers, Notary Public I Mechanicsburg Bore. Cumberland County My Commission Expires Nov. 22, 2007 , Member. pl"r"S'i1v' . '~~:::~i;tion Of Notaries C)FFICES S~,EL81',KER & BRENNEMI'N. P.C. 4 ESTATE NO. 21-05-0666 FIRST AND FINAL ACCOUNT AND STATEMENT OF PROPOSED DISTRIBUTION OF AND BY EDWARD P. HAIR, EXECUTOR OF THE ESTATE AND UNDER THE LAST WILL AND TESTAMENT OF SARA V. HAIR, DECEASED, LATE OF NORTH MIDDLETON TOWNSHIP, CUMBERLAND COUNTY. PENNSYLVANiA Edward P. Hair, Executor as aforesaid and Accountant herein, avers as follows: DATE OF DECEDENT'S DEATH: DATE LETTERS TESTAMENTARY iSSUED: July 16, 2005 July 27, 2005 DATES EXECUTOR NOTICE ADVERTISED: Cumberland Law Journal Patriot-News August 12,19,26,2005 August 9, 16,23,2005 FIRST AND FINAL ACCOUNT PERSONALTY - PRINCIPAL ACCOUNT DEBITS The Accountant charges himself with the receipt of the following items of Decedent's Personalty valued as of the date of Decedent's death: 1 Blue Cross, refund unused medical premium 2. ChLlrc!-l of God Home, refund on resident care 3 Commonwealth of Pennsylvan:a, refund on 2005 Final individual Tax Return . 4 Edward Jones, Investment account #377-08785-1-4 5. M&T Bank. checking account #416398 6. M&T Han\<., savings account #015004204213083 7. M&T Bank, Certificate of Deposit, account #031003913463095 8. M& 1 Bank gain on sale of stock 9. PPI. Eiectnc, gain on sale of stock 10. Co,"{unorwealth of Pennsylvania, refund on InhAritance Tax TOTAL, PERSONAL TV. PRINCIPAL ACCOUNT, DEBITS: s; 294.61 47.01 6000 125,573.75 997.52 20.687 "18 25,306.37 2,92600 1.50 17.11 $ 175,91105 PERSONALTY - PRINCIPAL ACCOUNT CREDITS OFFICES The Accountant claims credit for the payment of the following items from Decedent's Personalty Account: 1 Middlesex United Methodist Women, funeral luncheon 2. Middlesex United Methodist Church, use of social hall 3. Edward P Hair, reimburse for food tor funeral luncheon 4. Edward p. Hair, reimburse for postage expense 5. West Shore EMS, ambula'lce service 6 Hoffman-Roth Funeral Home. Inc., funeral services 7. Church of God H0me, reSident care 8 Church of God Home, therapy expense 9. Contln'Jing Car'9 RX, prescnptl0t" costs $ 7500 75.00 57.76 22.20 139.64 866 ::' :3 253.13 89.97 12.19 SNELBAKER & BRENNEMAN. P.C. Page 1 10. Register of Wills, Agent, estimated tax payment 11. Carlisle Memorial Service, Inc., monument 12. Register of Wills, Agent, Inheritance Tax 13. Register of Wills, filing fee for Inheritance Tax Return 14. Erica Hair, check written by Decedent's Power of Attorney prior to death 15. Edward Jones, commission & transaction fee on sale of M& T Bank stock 16. Edward Jones, commission & transaction fee on sale of PPL Electric stock 17. Snelbaker & Brenneman, P.C., attorney services 18. Snelbaker & Brenneman, P.C., costs advanced: a. Cumberland Law Journal, advertising Executrix notice b. Patriot-News, advertising Executrix notice c. Register of Wills, probate fees 19. Reserve for filing fees, accounting fees and other costs associated with the administration of Decedent's Estate TOTAL, PERSONALTY, PRINCIPAL ACCOUNT, CREDITS: PERSONALTY - INCOME ACCOUNT DEBITS The Accountant charges himself with the receipt of the following income from the investment of Personalty Principal: 1. M& T Bank, Estate Checking account, interest 2. M& T Bank, Savings account, interest 3. M&T Bank, Certificate of Deposit, interest 4. M&T Bank, Checking account, interest 5. Edward Jones, Investment account, interest 6. M& T Bank, dividends 7. Community Banks, Certificate of Deposit, interest (opened after Date of Death) TOTAL, PERSONALTY, INCOME ACCOUNT, DEBITS: PERSONALTY - INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Personalty Principal Account: 1. PA Department of Revenue, underpayment penalty due on 2004 Individual Income Tax Return TOTAL, PERSONALTY, INCOME ACCOUNT, CREDITS: REAL ESTATE - PRINCIPAL ACCOUNT DEBITS The Accountant charges himself with the receipt of Decedent's Real Estate as follows: TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, DEBITS: REAL ESTATE - PRINCIPAL ACCOUNT CREDITS LA\\/ OFFiCES SNELBAKER & BREr..JNEMAN. P.C. The Accountant claims credit for the payment of the following items from Real Estate Principal Account: TOTAL, REAL ESTATE, PRINCIPAL ACCOUNT, CREDITS: Page 2 75.00 126.27 311 .00 6,50000 160.00 74413 15.00 100.00 733.01 54.95 1,500.00 51227 1,000.00 $ 12,910.58 $ 13.16 11.01 12504 0.06 2,027.38 990.00 509.85 $ 3,676.50 $ 2265 $ 22.65 $ NONE $ NONE $ NONE $ NONE OFFICES SNC:LBAKER Be BRENNEMAN. PC. REAL ESTATE -INCOME ACCOUNT DEBITS The Accountant charges himself with the receipt of the income from the investment of Real Estate Principal Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, DEBITS: $ NONE $ NONE REAL ESTATE -INCOME ACCOUNT CREDITS The Accountant claims credit for the payment of the following items from the Real Estate Income Account: TOTAL, REAL ESTATE, INCOME ACCOUNT, CREDITS: $ NONE $ NONE Page 3 PERSONAL TY: PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits C red its Balance TOTAL PERSONALTY REAL ESTATE: PRINCIPAL ACCOUNT: Debits Credits Balance INCOME ACCOUNT: Debits Credits Balance TOTAL REAL ESTATE: TOTAL FOR DISTRIBUTION: OFFICES SNELBAKER 8< BRE~mEMAN. P.C. RECAPITULATION Page 4 $ 175,911.05 $ 12,910.58 $ 163,000.47 $ 3,676.50 $ 22.65 $ 3,653.85 $ 166,65432 $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ NONE $ 166,65432 UW/ OFFICES SNELBAKER & BFiENNEMAN, P,C, STATEMENT OF PROPOSED DISTRIBUTION Edward p, Hair, Executor and Accountant herein, proposes to distribute the balance of the Estate of Sara V, Hair, Deceased, to wit: $ 166,654,32 in accordance with the Last Will and Testament of said Decedent as follows: 1, Edward p, Hair 1/3 of residue as per Item Second of Will $ 55,55144 2, Fred E, Hair 1/3 of residue as per Item Second of Will $ 55,55144 3, Nancy A, Walters 1/3 of residue as per Item Second of Will $ 55,55144 TOTAL FOR DISTRIBUTION: $ 166,654,32 Page 5 CJFFICES SNELBAKER &. BRENNEMAN, PC, COMMONWEALTH OF PENNSYLVANIA SS: COUNTY OF CUMBERLAND Edward p, Hair, being duly sworn according to law deposes and says: that he is the Executor of the Estate and under the Last Will and Testament of Sara V, Hair, Deceased, and the Accountant herein; that there are no unpaid creditors or claimants of said Estate; that there are no persons interested in the distribution of said Estate other than as stated in the foregoing Statement of Proposed Distribution; and that the facts set forth in the foreqoing First and Final Account and Statement of Proposed Distribution are true and correct to the best of his knowledge, information and belief. ,--" / ' /'t I~I '/ C/ tL,-;;t-""t /. #-aC1- . L.Y('(<tdt-,L Edward p, Hair Executor and Accountant Sworn to and subscribed before me this lljl:day Of, 'TO.) if " \ 2006 . xi k~' ., ..- :' ... ':' I.") 1-(T '. (4.,. . . '(jL.\) Notary Public COMMONWSA!~,:TH ;L~.::.~:';:,::r(L VANIA Notariai Seai Sandra K. Sho'vVers, Notary Public Mechanicsburg BOrG C:umberland County My Commission Expiws Nov. 22, 2007 Member, pennsV!V8;;i:;A';"D~;ati;n Of Notaries Page 6