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Home My WebLink About11-22-06 G " , FAMILY SETTLEMENT AND FINAL RELEASE IN THE ESTATE OF MARY M. WOOD KNOW ALL MEN BY THESE PRESENTS, THAT WHEREAS, Mary M. Wood, late of Silver Spring Township, Cumberland County, Pennsylvania, deceased, died on December 26th, 2005, testate. WHEREAS, Letters Testamentary were granted to Kenneth Eugene Wood and Gerald Boyd Wood on February 8, 2006, with same having been filed in Cumberland County, Pennsylvania, to Estate No. 2006-00121; WHEREAS, the said personal representatives have gathered the assets of the estate of the said decedent and the assets consist of personal property to a total value of $2,125.14, as set forth in Exhibit "A", which is a statement of account of the said personal representative, and which is attached hereto and made a part hereof, and marked Exhibit "A"; WHEREAS, the debts and deductions amount to $2,226.11, leaving no balance for distribution, also as set forth in the statement of the said personal representative, which is attached hereto and made a part hereof, and marked Exhibit "B"; NOW THEREFORE, KNOW YE, that we, Kenneth E. Wood, Gerald B. Wood, Claribel L. Rosenberger, Joyce 1. Wood, and Janet M. Wright, being the heirs of the said decedent, and being the individuals entitled. to inherit under the Last Will and Testament, do hereby acknowledge that we have this day had and received from the aforesaid personal representative, in full satisfaction and payment of all sum or sums of money, legacies, bequests, and devises as are given, devised and bequeathed to us by the said Last Will and Testament, which amount we have received this day, and which is the amount set opposite our names in the table and schedule of distribution in said statement attached hereto and marked Exhibit "C"; AND, we 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 hereby agree and 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 it had been filed and confirmed by the Orphan's Court Division of the Court of Common Pleas of Cumberland County. THEREFORE, we do hereby remise, release, quitclaim and forever discharge the said personal representatives, their heirs, executors, administrators and assigns, of and from the said estate and from all actions, suits, payments, accounts, reckonings, claims and demands whatsoever, touching upon the estate of said decedent, and we do further hereby covenant and agree that we will contribute my share of the estate to satisfy any and all claims, demands, suits, or causes of action which may be successfully Hrps~.~Jltf(,q~gaj!,wt the said estate or the aforesaid personal repres~ntatives after the signing, S~~t~~.'_f%~/,~j~~ of this family settlement agreement and fmal release. -it) \1>1J''1 - '-' II'...J..! Iv 90 :8 Wd 22 AON 90aZ {,-11:~i !(\, ,., . n,ro." , ,"', HIll ..... I tJ.- -".'1'" '''')- \'.. v ". _Iv",' v\. -11..- .IIU"~ Jf\/u.y\ O-i(1! 'O^'"11 , :' ..Jv:J..JV JUG'..... I,..}:lb 9t " IN WITNESS WHEREOF, we have hereunto set my hand and seal this ~ day of ~V~~ ,2006. WITNESSES: (/~MbNL ~dl ~tiAb/J ~c2 tf/E)a/u pf/ff1~d ~PLmM ~ " l(~ldt?-e'~ . KENNETH E. WOOD fij ~ 16~ jf-~ GERALD B. WOOD ~Lf..f. G;~"'~M . CLARIBEL L. ROSENBERGER JO~tA/~ COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this I Jrfl1 day of J4J I::Lwz ~ , 2006, before me, the undersigned officer, personally appeared KENNETH E. WOOD, known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. tlWWilM u.." MilT. ,.., MIl UflJlf.._~rr T.CIIr .., CoIN . . ........It... COMMONWEALTH OF PENNSYLVANIA SS COUNTY OF CUMBERLAND On this IJ ttI day of ~~ , 2006, before me, the undersigned officer, personally appeared GE D B. WOOD, known to me (or satisfactorily proven) to be the individual whose name. is subscribed to the foregoing instrument, and acknowledged that he executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. MOMilM. LID\"~.u. NaIaIV "*II In... 1WtQ7 ". a. MrComn.I-r _~..._t1... " COMMONWEALTH OF PENNSYLVANIA COUNTY OF f'AU1.1J:u.A l~ SS On this q tIA day of No ~ ' 2006, before me, the undersigned officer, personally appeared CLARIBEL L. ROSENBERGER, known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that she executed the same for the purposes therein contained. IN WITNESS WHEREOF, I hereunto set my hand and official seal. HONIfi .. lID\A~. NaIC:wV ,... .......01 I .aIV .., C-'1lII1 I ~....._It." COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~J nJuA 1AM.d SS On this 1t), ~ay of N~ , 2006, before me, the undersigned officer, personally appeared JOYCE I. WOOD, ~nown to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that she executed the same for the purposes therein contained. . IN WITNESS WHEREOF, I hereunto set my hand and official seal. NO'NW. lEAL t..INI>>. A QOlFIL'B ...... NIle tWlJ~_~ II "01\" air Col. . ",...... M'I, ... " COMMONWEALTH OF PENNSYLVANIA COUNTY OF ~ On this \\,.*' day of ~t>\)~ , 2006, before me, the undersigned officer, personally appeared JANET M, WRIGHT, known to me (or satisfactorily proven) to be the individual whose name is subscribed to the foregoing instrument, and acknowledged that she executed the same for the purposes therein contained. ss IN WITNESS WHEREOF, I hereunto set my hand and official seal. NofIttII..., Robert W. Sdlaeffw, NctIry PubIc CIty Of AIeIioWn, ~ Col.riy MyCOl,dTlissIOn ~~~2010 (SEAL) DEBITS: LAST AND FINAL ACCOUNT OF THE ESTATE OF MARY M. WOOD, LATE OF SILVER SPRING TOWNSHIP, CUMBERLAND COUNTY, PENNSYLVANIA DATE OF DEATH: DECEMBER 26,2005 PRINCIPAL ACCOUNT Your Accountants charge themselves with the following: A. Personal Property A. Checking Account - Citizens Bank Account No. 6100707105 Date of death value: $2,125.14 Opened June 6, 1966 No Interest accrued on date of death $ 2,125.14 TOTAL pRINCIPAL DEBITS: $ 2,125.14 NON-PROBATE PROPERTY Description Treatment Prudential Insurance Company of America Life Insurance Policy No. 077-066-959 Total'Value paid to beneficiaries: $2,921.00 (Total value was $3,290.78 but $369.78 is insurance money held by Commonwealth of P A as unclaimed property not yet paid) Proceeds paid to named beneficiaries as per the policy B. Prudential Insurance Company of America Life Insurance Policy No. 490-323-222 Total Value paid to beneficiaries: $1,364.00 Proceeds paid in equal shares to children as beneficiaries EXHIBIT A " CREDITS Your Accountants ask credit for payments made from Principal Account as follows: Description Amount 1. Malpezzi Funeral Horpe - Funeral Expenses not $ 371.00 included in prepaid funeral contract 2. Register of Wills, Cumberland County - Probate fees $ 76.00 3. The Patriot News - Estate Advertisement $ 174.09 4. Law Firm of Linda A. Clotfelter - Professional fees $ 1,290.00 probate estate administration 5. Cumberland Law J oumal - Estate Advertisement $ 75.00 6. Register of Wills, Cumberland County - Filing fee for $ 15.00 Pennsylvania Inheritance Tax Return 7. Orphan's Court, Cumberland County - Filing fee for $ 20.00 Family Settlement Agreement 8. Trindle Springs Lutheran Church - fees for funeral $ 175.00 luncheon 9. Citizens Bank - Bank fees for estate checking account $ 30.02 TOTAL: $ 2,226.11 RECAPITUlATION Principal Debits $ 2,125.14 Minus: Administrative Expenses TOTAL BAlANCE OF CASH ESTATE ASSETS AVAILABLE FOR DISTRIBUTION ($ 2.226.11 ) ($ 100.97) EXHIBIT B " PROPOSED DISTRIBUTION The Personal Representative proposes distribution of the Total Balance for Distribution to the following heir as described: Kenneth E. Wood 3 Buttonwood Court Mechanicsburg, P A 17050 Gerald B. Wood 108 Thomas Avenue Dallas town, P A 17313 Claribel L. Rosenberger 916 Market Street . New Cumberland, PA 17070 Joyce I. Wood 1935 N. Third Street Harrisburg, PA 17101 Janet M. Wright 3501 Regent Court Allentown, P A 18103 And 20% of rest, Residue and remainder And 20% of rest, Residue and remainder And 20% of rest, Residue and remainder And 20% of rest, Residue and remainder And 20% of rest, Residue and remainder EXHIBIT C Insolvent estate (no residue - no distribution) Insolvent estate (no residue - no distribution) Insolvent estate (no residue - no distribution) Insolvent estate (no residue - no distribution) Insolvent estate (no residue - no distribution) LAW FIRM OF LINDA A. CLOTFELTER 5021 EAST TRINDLE ROAD, SUITE 100 MECHANICSBURG, PENNSYLVANIA 17050 telephone (717) 796-1930 facsimile (717) 796-1933 November 20, 2006 Register of Wills and Clerk of Orphan's Court Cumberland County Courthouse One Courthouse Square Carlisle, Pa 17013-3387 RE: Estate of Mary M. Wood Estate No. 2006-00121 Dear Register of Wills: Please find enclosed for filing within your office a rule 6.12 Status Report and Family Settlement Agreement in the above-referenced matter. Also enclosed is the Executors' check for the sum of $20.00 for the filing fee for the Family Settlement Agreement. We ask that you process the enclosed forms and return the extra, time-stamped copies to our office in the enclosed envelope. We believe this should finalize the matter within your office. If such is not the case, or if you require any additional information or documentation from our office, please let us know immediately and we will fully comply with your request. As always, your time and consideration with the administration of this estate are truly appreciated. Very truly yours, LAC/cal Enclosures cc: Kenneth Wood Gerald Wood (') ~o -,....:n C7J -0 :11 ::r:: 0 c;: ~ 93 _-= (J) ^ ;:_) C) 0 ()011 ~:J c: ~ :n :u-i :.t> po..,,) c::::) c::) ~ ;;z: Co:) -< N N -0 ::z: ca Co:) U1 ~:b -r} rT1 (1'-1 ("J QO c <") ::Q -----I CJ fl , rTI ::D C"j C) -n~ -n C"') ,._c,. m L/) (:J -'11 RECEIPT FOR PAYMENT ------------------- ------------------- GLENDA FARNER STRASBAUGH Cumberland County - Orphans Court One Courthouse Square Carlisle, PA 17G13-3387 Recetpt Date: Rece=!-pt Time: Recelpt No. : 11/22/2006 15:47:53 1032002 WOOD MARY M File Number: Paid By Remarks: 2006-00121 ESTATE OF MARY M WOOD AJW ------------------------ Receipt Distribution ------------------------ Fee/Tax Description Payment Amount Payee Name FAMILY SETTL AGREE Check# 1000 Total Received......... 20.00 ---------------- $20.00 $20.00 CUMBERLAND COUNTY GENERAL FUN