HomeMy WebLinkAbout09-08-06
COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
No. 21-06-0153
Estate of RALPH E. RICE, Deceased
Late of Dickinson Township
FIRST AND FINAL ACCOUNT OF
PATRICIA M. RICE, EXECUTRIX
Date of Death:
Letters Granted:
Advertisement of Grant of Letters: The Sentinel-
Cumberland Law Journal-
January 21, 2006
February 28, 2006
Account Stated to:
March 31, April 7 & 14,2006
September 8, 2006
SUMMARY & INDEX
Paqes
PRINCIPAL
Receipts
New Gain on Conversions
2
2
Less Disbursements
2
Less Distributions to Beneficiaries
2
Principal Balance Remaining
INCOME
Receipts
Less Disbursements
3
3
Income Balance Remaining
Combined Balance Remaining
281,717.71
3,960.29
285,678.00
16,225.17
269,452.83
3,500.00
854.15
42.77
265,952.83
811.38
$ 266,764.21
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COMPOSITION OF NET BALANCES
Principal
Real Estate, 892-894 Torway Road
Cash
Income
Cash
PRINCIPAL RECEIPTS
Per PA Inheritance Tax Return filed
PRINCIPAL CONVERSIONS INTO CASH
Gain
03/30/06 855 shs. Manulife Financial Corp.
Inventoried at
Proceeds
50,827.61
54,787.90
3,960.29
Totals
3,960.29
Net Gain on Conversions
PRINCIPAL DISBURSEMENTS
02/28/06 Register of Wills, Letters Testamentary
03/13/06 Cumberland Law Journal, advertising Letters Testamentary
03/28/06 Lincare, Inc., balance due
04/03/06 Dugan Funeral Home, Inc., funeral expense
04/20/06 The Sentinel, advertising Letters Testamentary
05/08/06 Elmwood Center Medical Assoc., balance due
OS/23/06 Steven W. Barrett Real Estate & Appraisal, real estate appraisal
06/21/06 Register of Wills, filing fee
Reserved:
Martson, Deardorff, Williams & Otto
Manufacturers & Traders Trust Co., Agent for Patricia M. Rice, Executrix
Closing and Filing Costs
Total Principal Disbursements
PRINCIPAL DISTRIBUTIONS TO BENEFICIARIES
04/03/06 Patricia M. Rice, Family Exemption
-2-
228,000.00
37,952.83
$ 265,952.83
$
811.38
$ 281,717.71
Loss
.00
$
3,960.29
356.00
75.00
123.99
7,486.40
166.07
2.71
500.00
15.00
1,500.00
5,000.00
1,000.00
$ 16,225.17
$
3,500.00
INCOME RECEIPTS
03/28/06 Dividends, Agchoice Farm Credit
07/18/06 Cadbury Schweppes Americas Beverage, growers incentive
Dividends, Money Market Fund 4-3-06 to 8-1-06
Total Income Receipts
INCOME DISBURSEMENTS
Manufacturers and Traders Trust Co., income commission
Oa:r~/ ~Z) QftL
Patricia M. Rice
COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
3.43
141.58
709.14
$
854.15
$
42.77
Patricia M. Rice, being duly sworn according to law, depose and says that the foregoing Account,
both as to the items of charge and discharge, are just and true to the best of her knowledge and belief.
Qa-k~~ /n/ ~~-L
Patricia M. Rice
Sworn to and Subscribed before me
this .,1\ day of September, 2006
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COMMONWEALTH OF PENNSYLVANIA
Notarial Seal
Kathy J. Laughman. Notary Public
Carlisle Boro. CumlJenand C()I,mty
My Comrni~~;i()!'1 EX;:Ji(e~, J'II') ,''-' .'.008
Member. PeonS-yl\lania As.;C~~l;on otNotarlee
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IN THE COURT OF COMMON PLEAS OF CUMBERLAND COUNTY
PENNSYLVANIA ORPHANS' COURT DIVISION
IN THE ESTATE OF RALPH E. RICE, LATE OF DICKINSON TOWNSHIP
SCHEDULE OF PROPOSED DISTRIBUTION
Balance for distribution as per First and Final Account
filed September 8, 2006
$266,764.21
DISTRIBUTION
Patricia M. Rice
Real Estate, 892-894 Torway Road, Gardners, PA, as appraised
Principal Cash
Income Cash
228,000.00
37,952.83
811.38
$ 266,764.21
STATEMENT OF THE REASONS FOR THE PROPOSED DISTRIBUTION
The above distribution is proposed in accordance with the terms of the Last Will and Testament of
Ralph E. Rice, late of Dickinson Township, Cumberland County, Pennsylvania.
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Patricia M. Rice
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COMMONWEALTH OF PENNSYLVANIA
COUNTY OF CUMBERLAND
Patricia M. Rice, being duly sworn according to law, deposes and says that the facts set forth
in the Statement of the Reasons for the Proposed Distribution are true and correct.
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Patricia M. Rice
~ilii~ ~ C;~M
Not ry Publi
COMMONWEALTH OF PENNSYLVANIA
Netarial Seal
Kathy J. Laughman, Notary Public
C8I1iIIe 6010, Cumberland County
My Corrvnission ExpIres July 26, 2008
Member, ~ennaylvania Association of Notaries
Swor~and Subscribed before me
this ~ day of September, 2006
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