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HomeMy WebLinkAbout08-31-06 { r. . ~ · I hereby certify that written notice of the fi1ing of this Account, and of the date, time and place when the same will be presented to the court for confirmation and of the last day to file written objections to said Account, has been given to every unpaid claimant and to every other person known to the accountant to have or claim an interest in the estate as creditor, beneficiary, heir or next of kin. Date: 7/21/06 / ~~~. Terrence J. erwin, Esquire - onH I':I:j t:r:I ~~~ " H tn ~t:r:I~ t'd ~ ~ 1'1 rrI ~ tn tn~t:r:I r 0 ~ ~ N ::0 t'd ~ t:r:I -~ 8 > 0 tn ~ 0 > ~ tn ~ . 0 n t:H:::::: m -t t:r:I ~ t=' I':I:j 0 ~ 1'1 . -t t=' c:::n~ -t N 0 Z ~ I':I:j N n ~o J: . ::0 t=' H 0 ~ ~c:::o < U1 Z )> H ~ 0 ~1':I:j :0 tn ~ ~ VI ::z:: t='~ r 0 1'1 Z ~ ~ t:r:I HKln r c -< ~ ~ <: ~ 1'1 -i (Jl 0 H 0 f; I H H 1'1 > b:l I':I:j ~ tn N c::: n t:r:I H 11 0 -t " ; ~ 0 0 0 ~ > 1O r ' H ~ 0 ~ ~ - >rrI 0 \0 . t'd " ~::o ~ ~ 0 t""" 0 0 I':I:j t:r:I ~ ~ t""" >- N 0 tn '" - ~ Z 0 ~ I':I:j tn f I j I hereby certify that written notice of the filing of this Statement of Proposed Distribution, and of the date, time and place when the same will be presented to the Court for confirmation and of the last day to file written objections to said Statement of Proposed Distribution, has been given to every unpaid claimant and to every other person known to the accountant to have or claim an interest in the estate as creditor, beneficiary, heir or next of kin. A copy of said Statement was included with notice. Date: 6(;;' % 6 ~~~' Terrence J. win, Esquire COURT OF COMMON PLEAS OF CUMBERLAND COUNTY ORPHANS' COURT DIVISION No. 2005 - 00900 Estate of Catherine T. Flowers Late of the Township of East Pennsboro FIRST AND FINAL ACCOUNT OF TERRENCE J. KERWIN. EXECUTOR . Date of Death: September 28, 2005 Date of Executor's Appointment: October 12,2005 Dates of Advertisement of Letters: The Sentinel - October 26, November 2 & 9, 2005 Cumberland Law Journal- November 4, 11, 18,2005 Accounting for the Period: Gross Estate: October 12,2005 to August 18,2006 $1,025,691.64 $~ :n ~ T J K . E' ~U;7' errence . erwIn, sqUIre C5 ~ Kerwin and Kerwin, AttomeYS-at-La8c:~ 4245 Route 209 ; ~ Elizabethville, P A 17023 7j!. Sup. Ct. ID# 29922 (717) 362-3215 ~ c:::) c;>> ... l': G") ~ '. -0 :x N .. en "" 31.) .~~~ ~?~ G) C") -"~ :J:J ~~:'~ C? f"'!"1 r:lJ ::':00 C)D ..~, =H :~ C''5 ::--rn (-j) 0 -,. -'1 Catherine T. Flowers Estate First and Final Account Principal Assets: 1. Real property located at 226 Spruce Street, Williamstown, Dauphin County $13,144.00 2. Real property located at 212 Vine Street, Williamstown, Dauphin County $48,760.00 3. Real property located at 8 Country Club Place, East Pennsboro Township, Cumberland County $139,766.63 4. 36 U. S. Savings Bonds (D.O.D. value) $68,364.00 5. Money Market Account #8202009758, Sovereign Bank $2,868.52 6. Certificate of Deposit #8205001879, Sovereign Bank $6,053.30 7. Checking Account #0513329078, Commerce Bank $9,854.09 8. Certificate of Deposit #01700308, Commerce Bank $4,049.88 9. Account #HB07 -4134-4694, Janney Montgomery Scott $622,325.86 10. Coins, sold at public auction $1,377.37 11. Money Market Checking Account #9013343, Mid Penn Bank $14,486.54 12. Certificate of Deposit #309001715, Mid Penn Bank $10,477.84 13. Certificate of Deposit #309001747, Mid Penn Bank $5,211.03 1 14. Certificate of Deposit #309001761, Mid Penn Bank $14,204.69 15. Certificate of Deposit #309001796, Mid Penn Bank $5,067.24 16. PSERS - retirement check $1,502.00 17. PSERS - Health Options Program, premium assistance payment $7,674.00 18. 1991 Lincoln Sedan $2,133.85 19. Refund - Gilchrist Tours $187.00 20. Cumberland County V A benefit $100.00 21. Prudential Life Insurance Policy Proceeds (policy #19-114-471) $3,280.11 22. Prudential Life Insurance Policy Proceeds (Policy #20-534-914) $3,290.29 23. Piano $1,000.00 24. Refund - Verizon $20.68 25. Refund - Adelphia $35.25 26. Refund - Comcast $46.82 27. Refund - AAA $52.50 28. Refund - Erie Insurance (Homeowner's Insurance) $14.00 29. Refund - Leffler Energy $690.88 30. Refund - Erie Insurance (Auto Insurance) $482.00 31. Proceeds from public sale of personal property $6,434.50 2 32. Refund - Erie Insurance (Homeowner's Insurance) $621. 00 33. Cash $26.53 34. Proceeds from Prudential Life Insurance Policy $6,260.56 (Policy #086706700) 35. Proceeds from Life Insurance Policy $3,977.58 (Policy #031437724) 36. Refund - U.S. Treasury $134.00 Total Principal Assets: $1,003,974.54 Interest Income: 1. 2. 3. 4. 5. Sovereign Bank Commerce Bank U. S. Savings Bonds Mid Penn Bank Mid Penn Bank Estate Account $33.42 $78.73 $292.00 $179.68 $185.17 Total Interest Income: $769.00 Gains: 1. Janney Montgomery Scott $20,948.10 Total Gains: $20,948.10 Principal Disbursements: 1. 2. 3. 4. 5. 6. 7. 8. 9. John R. Shultz Funeral Home East Pennsboro Township - sewer & water PPL - Williamstown property Verizon - telephone C. T. Co. - telephone PPL - Camp Hill PA American Water (Camp Hill) Borough of Williamstown - water & sewer Erie Insurance Group - auto insurance premium $5,001.00 $115.00 $17.74 $24.37 .42 $31.61 $30.47 $115.00 $216.00 3 10. Erie Insurance Group - auto insurance premium 11. PPL - Camp Hill 12. Camp Hill Fire Co. No.1 - ambulance bill 13. The Foot Care Center 14. The Sentinel- Estate Notice 15. PPL 16. PPL 17. P A American Water 18. Erie Insurance Group (auto insurance premium) 19. Leffler Energy - fuel oil (Camp Hill) 20. Vital Records - death certificates for Marian Culton 21. Shuey & Hoffman - fuel oil for Williamstown 22. PPL - Spruce Street 23. Cumberland Law Journal- Estate Notice 24. Register of Wills, Agent - inheritance tax payment 25. PPL - Camp Hill 26. H & H Waste - trash 27. East Pennsboro Township - sewer/trash 28. PA American Water - bill (Camp Hill) 29. Ted Weaver - appraisal (Williamstown Property) 30. PPL - Williamstown 31. PPL - Williamstown 32. Borough of Williamstown - water & sewer 33. Vital Records - death certificates 34. PPL - Camp Hill 35. P A American Water - Camp Hill 36. PPL - Williamstown 37. PPL - Williamstown 38. Dennis J. Kasper, Tax Collector (Williamstown) 39. Dennis J. Kasper, Tax Collector (Williamstown) 40. Shuey & Hoffman - fuel oil 41. PPL - Camp Hill 42. Michael Wolanin - removal of TV and credit on sale of house 43. Dockey Auctioneers 44. PPL - Camp Hill 45. Erie Insurance Group - homeowner's 46. P A American Water (Camp Hill) 47. PPL - Williamstown 48. PPL - Williamstown 49. Norma Matter - bequest 50. Ken Flowers - bequest 51. Lorna Flowers Thompson - bequest 52. Benjamin Rhine - bequest 53. Laverne Culton - bequest $216.00 $34.18 $569.00 $85.35 $158.81 $29.76 $12.78 $12.02 $217.00 $185.57 $18.00 $276.58 $12.15 $75.00 $47,000.00 $25.23 $52.00 $115.00 $18.79 $335.00 $12.15 $3.50 $115.00 63.00 $18.17 $4.83 $9.58 $12.13 $817.89 $131.16 $307.02 54. Mary Stover - bequest 55. Iva Culton - bequest 56. Gloria Wallace - bequest 57. William Wallace - bequest 58. Pauline Ellis for Matthew Ellis - bequest 59. Shuey & Hoffinan - fuel oil 60. Janice Culton - reimbursement for labor & mileage 61. Vicki Culton - reimbursement for labor & mileage 62. Elaine Braucher - reimbursement for labor & mileage 63. Terry Culton - reimbursement for labor & mileage 64. Edward Culton - reimbursement for labor & mileage 65. Pauline Ellis - reimbursement for labor & mileage 66. Mark Ellis - reimbursement for labor & mileage 67. Borough of Williamstown - water & sewer 68. Thomas P. Kerr, CPA - 2005 income taxes 69. P A Department of Revenue - 2005 taxes 70. PPL - Williamstown 71. PPL - Williamstown 72. PPL - Williamstown 73. PPL - Williamstown 74. Borough of Williams town - water & sewer 75. Recorder of Deeds - Vine Street deed 76. Recorder of Deeds - Spruce Street deed 77. Register of Wills - short certificates 78. PPL - Williamstown 79. PPL - Williamstown 80. Transfer of Spruce Street property (specific bequest to Charles Culton and Terry Culton) valued at $13,144.00 81. Register of Wills, Agent - Balance of inheritance tax due 82. Register of Wills, additional probate fee 83. Register of Wills - filing fee for inheritance tax return & inventory 84. Janice Culton - first advance distribution (7/7/06) 85. Vicki Culton - first advance distribution (7/7/06) 86. Elaine Culton Braucher - first advance distribution (7/7/06) 87. Terry Culton - first advance distribution (7/7/06) 88. Charles Culton - first advance distribution (7/7/06) 89. Pauline Ellis - first advance distribution (7/7/06) 90. Debra Senter - first advance distribution (7/7/06) 91. Karen Carroll- first advance distribution (7/7/06) 92. Barbara D' Augostine - first advance distribution (7/7/06) 93. Edward Culton - first advance distribution (7/7/06) 94. Janice Culton - second advance distribution (8/06) 95. Vicki Culton - second advance distribution (8/06) 96. Elaine Culton Braucher - second advance distribution (8/06) 5 $1,000.00 $1,000.00 $500.00 $500.00 $1,000.00 $278.22 $2,776.82 $677.50 $448.05 $502.00 $326.00 $661.50 $267.50 $128.00 $210.00 $185.00 $12.13 $8.79 $16.32 $8.69 $86.00 $43.50 $43.50 $12.00 $9.80 $6.29 $13,144.00 $75,158.56 $350.00 $30.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $20,000.00 $10,000.00 $10,000.00 $10,000.00 97. Terry Culton - second advance distribution (8/06) 98. Charles Culton - second advance distribution (8/06) 99. Pauline Ellis - second advance distribution (8/06) 100. Debra Senter - second advance distribution (8/06) 101. Karen Carroll - second advance distribution (8/06) 102. Barbara D' Augostine - second advance distribution (8/06) 103. Edward Culton - second advance distribution (8/06) 104. Williamstown United Methodist Church - first and second advance distributions for 1/36 share (8/06) 105. Bethesda Mission - first and second advance distributions for 1/36 share (8/06) 106. RBC Ministries - first and second advance distributions for 1/36 share (8/06) $10,000.00 $10,000.00 $10,000.00 $10,000.00 $10,000.00 $10,000.00 $10,000.00 $10,000.00 $10,000.00 $10,000.00 Total Principal Disbursements: $491,246.22 Remaining Exoenses olus Reserve: 1. Register of Wills - Tax Certification $50.00 2. Kerwin & Kerwin - reimbursement for costs advanced - Register of Wills, Probate Fee $368.00 3. Kerwin & Kerwin - attorney's fees $36,799.66 4. Terrence J. Kerwin - executor's fees $36,799.66 5. Reimbursement to Janice Culton for payment to Minister, Robert Stump $50.00 6. Register of Wills - filing fee First and Final Account $630.00 7. Reserve for certified mail costs and preparation and filing of 2006 fiduciary income tax returns and payment of tax $10,000.00 Total Remaining Expenses plus Reserve: $84,697.32 6 SUMMARY Principal Principal Assets: Less Principal Disbursements Equals Current Principal Balance in Estate: $1,003,974.54 -$491.246.22 $512,728.32 Less Remaining Expenses plus Reserve: -$84,697.32 Equals Total Amount of Principal Available for Distribution: $428,031.00 Income Interest Income: Plus Gains: Equals Total Amount of Income for Distribution: $769.00 $20.948.10 $21,717.10 7 COMMONWEALTH OF PENNSYLVANIA COUNTY OF DAUPHIN I, TERRENCE J. KERWIN, ESQUIRE, Executor of the Estate of Catherine T. Flowers, being duly sworn according to law, do depose and say that the foregoing First and Final Account is true and correct to the best of my knowledge and belief. TERRENCE J. WIN, ESQUIRE Executor, Estate f Catherine T. Flowers Sworn to and subscribed before me this 2.., -th day of Al,IJlJS t ,2006. ( ~p?~ COMMONWEALTH OF PENNSYLVANIA Notarial Seal Nancy J. Ugon, Notary Public Washin9,fO~ Twp.. Dauphin County My CommIssIon Expires May 21, 2009 Member, Pennsylvania l\S~10ciallon of Notaries 8 08-14-2006 FLOWERS 09-28-2005 21 05-0900 CUMBERLAND 101 APPEAL DATE: 10-13-2006 ( See reverse side under Objections) AMount Remitted I I MAKE CHECK PAYABLE AND REMIT PAYMENT TO: REGISTER OF WILLS CUMBERLAND CO COURT HOUSE CARLISLE~ PA 17013 CUT ALONG THIS LINE -+ RETAIN LOWER PORTION FOR YOUR RECORDS +- -----------------~------------------------------------------------------------------------- R-EV...1547-EX--A':P-- ....(-03..05.)-.:~No+zcE~OF---INHSAI~'TA*_A_PPRA_I~T-r-A""OWA-NCE--OR------ DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX CATHERINE T FILE NO. 21 05-0900 ACN 101 , . COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE NOTICE OF INHERITANCE TAX APPRAISEMENT~ ALLOWANCE OR DISALLOWANCE OF DEDUCTIONS AND ASSESSMENT OF TAX BUREAU OF INDIVIDUAL TAXES INHERITANCE TAX DIVISION PO BOX 280601 HARRISBURG PA 17128-0601 TERRENCE J KERWIN KERWIN & KERWIN 4245 ROUTE 209 ELIZABETHVILLE DATE ESTATE OF DATE OF DEATH FILE NUMBER COUNTY ACN PA 17023 ESTATE OF FLOWERS .W REV-1S47 EX AFP C06-05) CATHERINE T TAX RETURN WAS: (X) ACCEPTED AS FILED ( ) CHANGED DATE 08-14-2006 APPROVED DEDUCTIONS AND EXEMPTIONS: 92,,685.98 9. Funeral Expenses/AdM. Costs/Misc. Expensas (Schedule H) (9) 10. Debts/Mortgage Liabilities/Liens (Schadule I) (10) .00 11. Total Deductions (11) 12. Net Value of Tax Return (12) 13. Charitable/Governmental Bequests; Non-elected 9113 Trusts (Schedule J) (13) 14. Net Value of Estate Subject to Tax (14) NOTE: I'f- an assessment was :Lssued prev1ously~--1:Lnes -1'~ 15 and/or -16, 11, IS-and reflect figures that include the total of ~ returns assessed to date. ASSESSMENT OF TAX: 15. Amount of Line 14 at Spousal rate (15) 16. Amount of Line 14 taxable at Lineal/Class A rate (16) 17. Amount of Line 14 at Sibling rate (17) 18. Amount of Line 14 taxable et Collateral/Class B rate (18) 19. Principal Tax Due s. RESERVATION CONCE,NING FUTURE INTEREST - SEE REVERSE APPRAISED VALUE OF RETURN BASED ON: ORIGINAL RETURN 1. Real Est.te (Schedule A) 2. Stocks and Bonds (Schedule B) 3. Closely Held Stock/P.rtnership Interest (Schedule C) 4. Mortgages/Notes Receivable (Schedule D) 5. Cash/Bank Deposits/Misc. Personal Property (Schedule E) 6. Jointly Owned Property (Schedule F) 7. Transfers (Schedule G) 8. Total Assets (l) (2) (3) (4) (5) (6) (1) 205~910.63 68.364.00 .00 .00 715.997.37 8.294.40 .00 (8) .00 X .00 )( 1~000.00 X 830/081. 57 )( + INTEREST/PEN PAID (-) 2~473.68 .00 AMOUNT PAID 47~000.00 75~158.56 DATE 12-28-2005 06-26-2006 NUI1BER CD006154 CD006881 TOTAL TAX CREDIT BALANCE OF TAX DUE INTEREST AND PEN. TOTAL DUE NOTE: To insure proper cr~it to your account~ submit the upper portior of this form with your tax payment. 998~566.40 9?685 98 905~880.42 74~798.85 831/081.57 19 will 00 = 045 = 12 = 15 = .00 .00 120.00 124~512.24 124~632.24 (19)= 124~632.24 .00 .00 .00 . IF PAID AFTER DATE INDICATED~ SEE REVERSE FOR CALCULATION OF ADDITIONAL INTEREST. ( IF TOTAL DUE IS LESS THAN $1~ NO PAYMENT IS REQUIRED. IF TOTAL DUE IS REFLECTED AS A "CREDIT" (CR)~ YOU MAY BE DUE A Ri:i:IJNn <:::J:J: DJ:\lJ:D<:::J: C:TnJ: nJ: TLlTC: J:nDM J:nD T"'C:TDI""T"'''''I~ , STATEMENT OF PROPOSED DISTRIBUTION Principal Colleen Culton - In Trust:* - payment due to equalize her 1/12 share: $30,000.00 Balance of Principal in the amount of 5398.031.00 to be distributed as follows: Janice Culton: $33,169.25 (1/12 share) - $1,000.00 (value of piano) -$12.190.00 (less 1/4 price of house) $19,979.25 Distribution Vicki Culton: $33,169.25 (1/12 share) -$12.190.00 (less 1/4 price of house) $20,979.25 Distribution Elaine Culton Braucher: $33,169.25 (1/12 share) -$12.190.00 (less 1/4 price of house) $20,979.25 Distribution Terry Culton: $33,169.25 (1/12 share) Charles Culton: $33,169.25 (1/12 share) -$12.190.00 (less 1/4 price of house) $20,979.25 Distribution Pauline Ellis: $33,169.25 (1/12 share) Colleen Culton, In Trust:* $33,169.25 (1/12 share) Debra Senter: $33,169.25 (1/12 share) 1 Karen Carroll: Barbara D' Augostine: Edward Culton: Williamstown United Methodist Church Bethesda Mission: RBC Ministries: Total Income in the amount of $21.717.10 to be distributed as follows: $33,169.25 (1/12 share) $33,169.25 (1/12 share) $33,169.25 (1/12 share) $11,056.35 (1/36 share) $11,056.35 (1/36 share) $11,056.35 (1/36 share) Income Janice Culton (1/12): $1,809.76 Vicki Culton (1/12): $1,809.76 Elaine Culton Braucher (1/12): $1,809.76 Terry Culton (1/12): $1,809.76 Charles Culton (1/12): $1,809.76 Pauline Ellis (1/12): $1,809.76 Colleen Culton, In Trust* (1/12): $1,809.76 Debra Senter (1/12): $1,809.76 Karen Carroll (1/12): $1,809.76 Barbara D' Augostine (1/12): $1,809.76 Edward Culton (1/12): $1,809.76 Williamstown United Methodist Church (1/36): $603.25 Bethesda Mission (1/36): $603.25 RBC Ministries (1/36): $603.25 ***Paragraph Fourteenth G ofthe Last Will and Testament of the late Catherine T. Flowers directed that a Special Needs Trust be established for the benefit of Colleen Culton. The terms of the Trust are set forth in said Last Will and Testament. The Executor of the Estate has drafted a Trust Agreement based on said terms and this Trust Agreement will be signed by the proposed Trustee and will govern the administration of the trust funds. d:/pjw/est/f1owen-c.acct. wpd 2