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Home My WebLink About10-27-06 i: , 't .. .. .- COURT OF COMMON PLEAS OF CUMBERLAND COUNTY, PENNSYLVANIA ORPHANS' COURT DIVISION NO. 2005-00583 ESTATE OF FLORENCE K. HOFFMAN, DECEASED --------------------------------------- --------------------------------------- FIRST AND FINAL ACCOUNT OF Manufacturers and Traders Trust Company, Executor -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Date of Death: June 10, 2005 Date of Executor's Appointment: June 27, 2005 Date of First Advertisement of Letters: The Cumberland Law Journal: July 8, 22 and 29, 2005 The Patriot News: July 19, 26 and August 2, 2005 Accounting for the Period: June 10/ 2005 to August 16, 2006 ================================================================================ Purpose of Account: Manufacturers and Traders Trust Company, Executor, offers this account to acquaint interested parties with the transactions that have occurred during this administration. It is important that the account be carefully examined. Requests for additional information or questions or objections can be discussed with: Manufacturers and Traders Trust Company 213 Market Street Harrisburg, PA 17101 (717) 255-2109 Or Stanley A. Smith, Esquire Rhoads & Sinon, LLP One South Market Square Harrisburg, PA 17108 (717) 231-6628 K.l'.l_UKlJl:<.U Ut-HCE OF REGISTER CW \,\'1] ,LS 2006 OCT 27 PM 3:31 CLERK. OF ORPIL\~S' CoeRT CU::\mERL.\~D CO., P.\ -t '" 7 SUMMARY OF ACCOUNT Estate of Florence K. Hoffman, Deceased For Period of 06/10/2005 through 08/16/2006 Page PRINCIPAL Receipts: Per Inventory Filed 1-3 Subsequent principal Receipts Net Gain (or Loss) on Sales or Other Disposition 4-5 Less Disbursements: Debts of Decedent 6 Funeral Expenses 7 Administration Expenses 7 Federal and State Taxes 8 Fees and Commissions 8 Balance before Distributions Distributions to Beneficiaries 9 principal Balance on Hand For Information: Investments Made Changes in Investment Holdings 10 11-13 INCOME Receipts: This Account 14-17 Net Gain (or Loss) on Sales or Other Disposition Less Disbursements 18 Balance Before Distribution Distributions to Beneficiaries 19 Income Balance on Hand Investments Made Changes in Investment Holdings COMBINED BALANCE ON HAND 2 Current Value 7,245.14 100.00 1,282.86 63,922.21 27,583.90 .. >> Fiduciary Acquisition Value 327,097.58 3,876.56 (4,259.62) 326,714.52 --------------- --------------- 100,134.11 226,580.41 226,580.41 0.00 11,864.61 0.00 11,864.61 761. 19 11,103.42 11,103.42 0.00 0.00 --------------- --------------- J RECEIPTS OF PRINCIPAL ASSETS LISTED IN THE INVENTORY AND APPRAISEMENT AS FILED: CASH: $13,579.37 M&T Bank certificate of Deposit #031003914525258 1.98% due 12/9/05 - Date of Death Value Accrued Interest $20,696.86 M&T Bank Certificate of Deposit #0313003913913925 1.78% due 8/25/05 - Date of Death Value Accrued Interest $23,801.59 M&T Bank certificate of Deposit #031003914624240 1.78% due 9/5/05 - Date of Death Value Accrued Interest $33,997.65 M&T Bank certificate of Deposit #031003914612823 1.78% due 9/16/05 - Date of Death Value Accrued Interest Cash found in Apartment Cash found in Safe Deposit Box and Room Delphi Corporation - Uncashed Dividend Check First Clearing LLC/Wachovia Securities - Dryden Muni Bond Fund - Uncashed Dividend Check First Clearing LLC/Wachovia securities - Dryden Muni Bond Fund - Uncashed Dividend Check General Motors Corp - Uncashed Dividends General Motors Corp - Uncashed Dividend Check payable 3/10 3 13,579.37 2.95 20,696.86 19.18 23,801. 59 9.29 33,997.65 147.88 6.00 75.08 9.73 116.99 162.83 100.00 100.00 " . .. ~ Fiduciary Acquisition Value M&T Bank Checking Account #43358039 - Date of Death Value Accrued Interest PNC Checking Account #5070075668 - Date of Death Balance Accrued Interest Received from State Auto - Refund on Homeowners Policy #HPA806442 sovereign Bank Certificate of Deposit #1685211359 - Date of Death Balance Accrued Interest Travelers Checks found in home PERSONAL PROPERTY: Household Effects - Appraised Value STOCKS/LISTED: ------------- 139 shares Delphi Corporation 3,617.082 shares Dryden Muni Bond Fund A 3,271 shares Dryden National Muni Fund B 200 shares General Motors Corp 900 shares Ingersoll-Rand Company Class A 4 18,328.89 1. 41 13,433.52 0.98 21.00 35,681. 71 215.07 200.00 1,602.50 648.44 39,968.76 50,373.40 6,733.00 67,063.50 f' I . ~ 160,707.98 1,602.50 164,787.10 , ~ 11/21/05 11/30/05 12/14/05 .. SUBSEQUENT PRINCIPAL RECEIPTS: ----------------------------- Dryden Muni Bond Fund A - Long Term Capital Gains Distribution Dryden National Muni Fund B - Long Term Capital Gains Distribution 100 shares General Motors Corp - Received - Replacement of Lost certificate 298.46 211.60 3,366.50 TOTAL RECEIPTS OF PRINCIPAL.... . . . . . . . . . . . 5 . 3,876.56 330,974.14 -------------- -------------- 07/29/05 07/29/05 07/29/05 07/29/05 08/25/05 12/05/05 12/05/05 GAINS AND LOSSES ON SALES OR OTHER DISPOSITIONS - PRINCIPAL Gain $13,579.37 M&T Bank Certificate of Deposit #031003914525258 1.98% due 12/9/05 Net Proceeds Fid. Acq. Value 13,579.37 13,579.37 0.00 $20,696.86 M&T Bank certificate of Deposit #0313003913913925 1.78% due 8/25/05 Net Proceeds Fid. Acq. Value 20,696.86 20,696.86 0.00 $23,801.59 M&T Bank certificate of Deposit #031003914624240 1.78% due 9/5/05 Net Proceeds Fid. Acq. Value 23,801. 59 23,801. 59 0.00 $33,997.65 M&T Bank Certificate of Deposit #031003914612823 1.78% due 9/16/05 Net Proceeds Fid. Acq. Value 33,997.65 33,997.65 0.00 Sovereign Bank Certificate of Deposit #1685211359 Net Proceeds Fid. Acq. Value 35,681. 71 35,681. 71 0.00 3,670.224 shares Dryden Muni Bond Fund A Net Proceeds Fid. Acq. Value 39,271.40 40,542.26 3,320.19 shares Dryden National Muni Fund B Net Proceeds Fid. Acq. Value 48,427.81 51,117.91 6 . . Loss 1,270.86 2,690.10 12/07/05 12/07/05 12/07/05 03/15/06 03/15/06 03/17/06 ~ 139 shares Delphi Corporation Net Proceeds Fid. Acq. Value 40.30 648.44 200 shares General Motors Corp Net Proceeds Fid. Acq. Value 2,194.90 6,733.00 1,800 shares Ingersoll-Rand Company Class A Net Proceeds Fid. Acq. Value 73,184.93 67,063.50 17.382 shares Dryden Muni Bond Fund A Net Proceeds Fid. Acq. Value 186.86 186.34 2.468 shares Dryden National Muni Fund B Net Proceeds Fid. Acq. Value 37.07 37.87 100 shares General Motors Corp Net Proceeds Fid. Acq. Value 2,092.93 3,366.50 TOTAL GAINS AND LOSSES/PRINCIPAL. . . . . . . . . . . LESS LaSS............................. NET GAIN OR LOSS. . . . . . . . . . . . . . . . . . . . . . . . . . . 7 6,121.43 0.52 608.14 4,538.10 0.80 1,273.57 ---------------------------- 6,121.95 10,381. 57 (4,259.62) -------------- -------------- 10,381. 57 07/1S/05 07/29/05 OS/OS/05 OS/31/05 OS/31/05 09/14/05 09/16/05 04/11/06 04/12/06 08/31/05 07/15/05 08/12/05 09/02/05 09/21/05 DISBURSEMENTS OF PRINCIPAL DEBTS OF DECEDENT ----------------- Bethany village - Nursing Home Expense Metro Med Services - Medical Expense Alert Pharmacy Svs, Inc. - prescription Expense PNC Checking Account #507007566S - Outstanding Check #371 PNC Checking Account #5070075668 - Service Charge Bethany village - Nursing Home Expense State Employees Retirement - Reimbursement of Overpayment of Retirement 6/11 - 6/30/05 J. C. Snyder, Florist - For Carol Shumaker Pennsylvania Dept of Revenue - 2005 Personal Income Tax - Balance Due 6,342.44 90.00 135.74 25.00 4.00 260.58 322.80 14.58 50.00 FUNERAL EXPENSES TOTAL DEBTS OF DECEDENT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . -------------- ---------------- James R. Gingrich Memorials - Inscription Expense 100.00 ADMINISTRATION EXPENSES TOTAL FUNERAL EXPENSES.............................. -------------- ----------------------- George Haar, Auctioneer - Appraisal Fee for Personal Property Cumberland County Register of wills - Short Certificates Computershare - Fee for Lost Certificate of 100 shares GM First Clearing LLC/Wachovia Securities - Transfer Fee 8 60.00 24.00 6S.28 95.00 7,245.14 100.00 10/06/05 10/07/05 11/28/05 11/28/05 03/06/06 03/30/06 05/05/06 09/07/05 03/06/06 Cumberland County Register of wills - Short Certificate Vital Records - 3 Death Certificates Rhoads & Sinon, LLP - Reimbursement for Probate Cost plus Short certificate Rhoads & Sinon, LLP - Reimbursement for Cost of Advertising and Proof of publication in the Cumberland Law Journal and The Patriot News Cumberland County Register of wills - Filing Inventory and pennsylvania Inheritance Tax Return Cumberland County Register of wills - Short Certificate Cumberland County Register of Wills - Additional Probate Fee RESERVES: Reserve for Filing Fees and Advertising of Estate 4.00 27.00 145.00 245.58 30.00 4.00 300.00 280.00 FEDERAL AND STATE TAXES TOTAL ADMINISTRATION EXPENSES....................... ----------------------- Cumberland County Register of Wills - Pennsylvania Inheritance Tax Payment Cumberland County Register of wills - pennsylvania Inheritance Tax - Balance Due 52,250.00 11,672.21 FEES AND COMMISSIONS TOTAL FEDERAL AND STATE TAXES....................... -------------------- RESERVES: Manufacturers and Traders Trust Company - Executor Fee Rhoads & Sinon, LLP - Attorney Fee 15,083.90 12,500.00 TOTAL FEES AND COMMISSIONS... ....................... TOTAL DISBURSEMENTS OF PRINCIPAL.................... 9 1,282.86 63,922.21 27,583.90 100,134.11 --------------- -------------- DISTRIBUTIONS OF PRINCIPAL TO BENEFICIARIES Florence K. Hoffman Revocable Trust, Manufacturers and Traders Trust Company, Trustee ------------------------------------ 08/16/06 MTB Money Market-Inst I-Fund #420 - principal Cash as per Item 2 of the will Ruth E. Kuhn ------------ Household Effects - Distributed in Kind as per Item 1 of the will 09/12/05 TOTAL DISTRIBUTIONS TO BENEFICIARIES...... 10 224,977.91 1,602.50 -------------- 226,580.41 -------------- -------------- , , . ) . . , .. Dryden Muni Bond Fund A 06/10/05 3,617.082 shares inventoried 39,968.76 09/27/05 11.425 shares purchased 125.10 10/31/05 11.471 shares purchased 124.46 11/21/05 30.246 shares purchased 323.94 12/05/05 (3,670.224)shares sold (40,542.26) 12/06/05 11.563 shares purchased 123.84 12/21/05 5.702 shares purchased 61.24 01/18/06 0.024 share purchased 0.26 01/23/06 0.037 share purchased 0.40 02/22/06 0.056 share purchased 0.60 03/15/06 (17.382)shares sold (186.34) -------------- -------------- 0 0.00 -------------- -------------- -------------- -------------- Dryden National Muni Fund B --------------------------- ----------------------- 06/10/05 09/28/05 10/27/05 11/28/05 11/30/05 12/02/05 12/05/05 12/27/05 03/15/06 3,271 shares inventoried 10.084 shares purchased 9.792 shares purchased 10.871 shares purchased 18.443 shares purchased 0.546 share purchased (3,320.19)shares sold 1.922 shares purchased (2.468)shares sold 50,373.40 154.59 148.64 163.71 277.75 8.23 (51,117.91) 29.46 (37.87) -------------- -------------- 0.00 o -------------- -------------- -------------- -------------- General Motors Corp ------------------- 200 shares inventoried (200)shares sold 100 shares received (100)shares sold 6,733.00 (6,733.00) 3,366.50 (3,366.50) 06/10/05 12/07/05 12/14/05 03/17/06 ---------.----- -------------- 0.00 o -------------- -------------- -------------- -------------- Household Effects ----------------- inventoried distributed in kind 1,602.50 (1,602.50) 06/10/05 09/12/05 -------------- 0.00 -------------- -------------- 13 . . l.~ . . . Ingersoll-Rand Company Class A 12/07/05 900 shares inventoried 900 shares received in 2-for-1 stock split (l,800)shares sold 67,063.50 0.00 ------------------------------ 06/10/05 09/02/05 (67 ,063.50) -------------- -------------- 0.00 o -------------- -----------.--- -------------- -------------- Sovereign Bank Certificate Of Deposit #1685211359 06/10/05 08/25/05 inventoried sold 35,681..71 (35,681.71) -------------------------- --------.--.---- 0.00 ----------'---- ----------.---- 14 Ii . J .. RECEIPTS OF INCOME DIVIDENDS ------------ Delphi corporation ------------------ 08/12/05 General Motors Corp 50.00 50.00 50.00 50.00 25.00 ------------------- 09/12/05 09/14/05 12/12/05 12/13/05 03/10/06 -------------- Ingersoll-Rand Company Class A 288.00 288.00 ------------------------------ 09/01/05 12/01/05 -------------- TOTAL DIVIDEND INCOME............. ........ INTEREST ------------ $13,579.37 M&T Bank Certificate of Deposit #031003914525258 1.98% due 12/9/05 ------------------------------------------ 07/29/05 $20,696.86 M&T Bank certificate of Deposit #0313003913913925 1.78% due 8/25/05 ------------------------------------------ 07/29/05 $23,801.59 M&T Bank Certificate of Deposit #031003914624240 1.78% due 9/5/05 ------------------------------------------ 07/29/05 $33,997.65 M&T Bank Certificate of Deposit #031003914612823 1.78% due 9/16/05 ------------------------------------------ 07/29/05 15 . .. .. , , .~ 2.09 225.00 576.00 -------------- 803.09 -------------- -------------- 33.20 45.51 52.31 75.01 , , .. . Dryden Muni Bond Fund A ----------------------- 143.87 125.10 124.46 123.84 61. 24 0.26 0.40 0.60 0.41 08/12/05 09/27/05 10/31/05 12/06/05 12/21/05 01/18/06 01/23/06 02/22/06 03/24/06 -------------- Dryden National Muni Fund B --------------------------- 122.16 154.59 148.64 163.71 8.23 29.46 08/12/05 09/28/05 10/27/05 11/28/05 12/02/05 12/27/05 -------------- M&T Bank Checking Account #43358039 ----------------------------------- 07/29/05 MTB Money Market-Inst I-Fund #420 --------------------------------- 291. 30 303.82 294.86 318.15 826.54 906.41 840.83 915.58 926.25 983.86 982.16 1,049.96 09/01/05 10/03/05 11/01/05 12/01/05 01/03/06 02/01/06 03/01/06 04/03/06 05/01/06 06/01/06 07/03/06 08/01/06 -------------- PNC Checking Account #5070075668 -------------------------------- 08/31/05 sovereign Bank Certificate of Deposit #1685211359 -------------------------- 08/25/05 TOTAL INTEREST INCOME..................... 16 580.18 626.79 2.30 8,639.72 1. 92 145.45 -------------- 10,202.39 -------------- -------------- , . .. . 11/22/05 08/07/06 DISBURSEMENTS OF INCOME Florence K. Hoffman Trust - Trustee Fees 7/5 - 11/5/05 698.19 Manufacturers and Traders Trust Company - Commission 63.00 TOTAL DISBURSEMENTS OF INCOME.................. 18 .. .. 761.19 -------------- -------------- .,. , , .. ~ II " . c. fC IN RE: IN THE COURT OF COMMON PLEAS ESTATE OF FLORENCE K. HOFFMAN,: CUMBERLAND COUNTY, PENNSYLVANIA DECEASED : ORPHANS' COURT DIVISION : NO. 21-2005-0583 STATEMENT OF PROPOSED DISTRIBUTION OF MANUFACTURERS AND TRADERS TRUST COMPANY, SUCCESSOR TO DAUPHIN DEPOSIT BANK AND TRUST COMPANY, EXECUTOR OF THE ESTATE OF FLORENCE K. HOFFMAN, DECEASED The balance for distribution as shown on the First and Final Account of Manufacturers and Traders Trust Company, Successor to Dauphin Deposit Bank and Trust Company, Executor of the Estate of Florence K. Hoffman, deceased is $237,683.83. Distribution of the remaining balance as set forth in said account is proposed as follows: PROPOSED SCHEDULE OF DISTRIBUTION TO: Manufacturers and Traders Trust Company, Trustee of the Florence K. Hoffman Trust 100% of the residue of the Estate $ 224,977.91 Income cash 11,103.42 236,081.33 TO: Ruth E. Kuhn Household Effects - Distributed in Kind 1,602.50 1,602.50 TOTAL PROPOSED DISTRIBUTIONS $237.683.83 ~J11~fk Company, Executor ASST. VICE PRESIDENT Ii TRUST OFFIC~ 622251.1 ~~ .. ~ 4.. . . . .. ,. ~ A, COMMONWEALTH OF PENNSYLVANIA COUNTY OF Ula.p~ ) ) ) SS: On this, the ';)7 {;/1 day of ,~kDel; , 2006, before me, the undersigned officer, personally appeared (?Llth fiw,J Mc,/n; L[,nJ , known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that they are the Executor of the Estate of Florence K. Hoffinan and that she executed the within instrument for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. [fl~~/ 1JrJ, ;;/YW~h~ Notary Public / My Commission Expires: (SEAL) COMMO~~v.yEALTH en: PENNSYLV/\NiA ~Jotanai S~~-J Donne f '1,' l()~gnaker, Notary Public . City Of Harli;,burg, Dauphin County My Commission Expires Oct 27, 2007 Member, Pennsylvania Association Of Notaries