Court Order - King, Sarah_2/23/1987_. �
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• • STATE �r tr�oznrtn )
55:
COUNTY OF I�10NROE )
IN THE �1t�TTER OF THE ESTATE OF
SARAH LOUISF, KING, DECEASED,
ARDFLLA HELP & PIARCIA D. KING,
CO-ADi`4INISTRATRICES
/
•
IN THP MONROF CIRCUIT (TDURT
FEBRUARY, 1987
CAUSP NO. ES 8602-016A
ORDF.R ON FINAL ACCOUNT AND DECREF.
� OF�PINAI, DISTR�IBUTION
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This cause came on to be heard this 20th day of February,
1987 upon the "Administratrices Final Account and Petition to Settle
and Allow Account and for Authority to Distribute Estate" filed by
Ardella Held and !�larcia D. King as Co-Administratrices of the Estate
of Sarah Louise King, deceased, which account and netition is herein-
after referred to as the "Final �ccount" and reads as follows: (H.I.)
Preliminary Jurisdictional Findinas
The court thereupon examined the oertinent. notices and proofs
thereof and now finds that:
(1) Due notice of the qualification of such administrators and
of the issuance thereto of Letters of Administration was given as
required by laca.
(2) ,'1ore t.han five months have elapsed since the date of the
first nublished notice to creditors and other persons interested in
t.he estate. .
(3) Due notice of the filing of such Final Account and of the
hearing thereon caas given to all.persons interested in this estate,
as reguired by law.
(4) tdo objections to such Final Account have been filed.
(S) Such Final Account is now ready for submission Y.o the
court and for consideration thereof and action thereon by the court.
Findings of Facts
Having examined and considered such Final Account and being
duly advised, the court noca finds that:
(1) The amounts claimed as credits for administratrices and
attorney fees are just and reasonable for services rendered to date
and for normal anticipated services to be rendered in connection c��it}�
the iinal distribution of the estate.
(2) The Co-Administratrices have accounted for all assets in the
estate coming into Yheir hands during the administration of the
estate and for which they are chargeable by law, except for makinq
final distribution to the heirs of this decedent's residuary estate.
(3) All Indiana Inheritarce Taxes and Federal Estate Taxes due
by reason of this decedent's death have been paid.
(4) All income subject to Federal or Zndiana Income Taxes and
for which this decedent or her estate are liable has been reoorted by
proper tax returns and the sums slio�-�n to be due have been paid.
(5) Neither the decedent nor her administrators, as such, caas
an employer of lahor as tha.t term is defined by the Indiana Employment
Security Act, and there are no unpaid contributions, interest or
penalties imposed by such Act due from this decedent's estate.
(6) Except for expenses incidental to the final distrihution of
this estate, all claims, includinq expenses of administration, have
been raid; there are no unsatisfied claims against this decedent's
estate and all debts and obligations of this decedent and her estate,
not otherwise mentioned a�ove, have been paid or discharged.
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� (7) All of the assets of this decedent's estat.e have been
fully administered uron except ior making final distribution.
(8) The nronerty available for distribution to the heirs as
of the close of the period covered by the I'inal Account consists of
the followinq asset.s:
cash items: $96,976.12
real estate : ]19,000.00
total : 215,976.12
(9) The heirs of this estate, both of whom are legally competent
adults, �ahose names and residences are known, and the share of the
residuary estate to which each is entitled, are as follows:
Ardella Held, 615 N. l9ashington St. Bloomington, Indiana (1/2)
Marcia D. King, 615 N. [4ashinqton St.Bloomington, Indiana (1/2)
(10) The manner of distribution.and disoosition of this decedent's
residuary estate as nr000sed by the proposed distribution schedule of
the Final Account is fair, equitable and reasonable, to-cvit:
To Ardella Held: 1/2 undivided interest in the
t-lonroe County real estate.......$34,000.00
100� interest in the Gibson
County real estate ....:..:...... 51,000.00
Cash ............................ 21,621.06
Prior distribution .............. 1,367.00
Total 107,988.06
To Marcia D. King: 1/2 undivided interest in the
� ytonroe County real estate.......$34,000.00
Cash ............................ 71,742.06
Prior diskribution .............. 2,246.00
Total 107,988.06
[Prior distributions consisted of furniture, etc.]
(11) All other matters and things as stated and shown in such
Final Account are true, correct and proper.
General Conclusion
'Phe ceurt r.e=.v conclllCiP.S that such Final �cccunt is correct and
that the prayer thereof should be granted in full.
DECREE
IT IS NOW THEREFORE ORDERED, ADJUDGF.D ?1ND DECREF.D bv the court:
(1) The Final Account is hereby in all respects approved,
settled, allocv�d and confirmed.
(2) The amounts claimed as credit.s for the payment of the fees
of Y_he.Co-Administratrices and their attorneys for services rendered
to date and for tfie normal anticipated services required in making,
final distribuYion are hereby allocved and anproved.
(3) The Co-Administratrices are hereby directed to distribute
the personal pronerty, including cash, remaining in their hands and
available for distribution to the heirs on the following Y�asis:
To Ardella Held....$21,621.06
To t4arcia D. King,. 71,742.06
(4) The following described real estate in Plonroe County,
Indiana is hereby decreed to be titled to..A�della Held and h]arcia D.
King, as undivided one-half interests in each, as tenants in common,
to-�ai t c
Lot rtumber Six (6) in Clark, Read & Others Addition
to the City of Bloor�ington, !-ionroe County, Indiana.
(5) The follo�ainq descrihed real estate in Gibson County,
Indiana is hereby decreed Y.o be titled to Ardella IIeld, to-coit:
The Fast half of the East half of Y.he Southeast quarter of
Section 9, Township 3 South, Range 10 +•7est, containing
40 acres, more or iess.
ALSCI,.mhirteen and one-third acres (13 1/3), taken in the
form of a oarallelogram off the South end o.f the East half
of the Southeast a,uarter of the Northeast quarter of
Section 9, Townshin 3 South, Range 10 I�7est, EXCF.PT the
(continued) '
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following clescriUed part t:hereot: A part. of the Southeast
quarter of the Northeast quarter of Section 9,.Township..3
South, Range 10 west bourided and described as follows, _
ko-wit: Begin at an iron in the Southwest corner of the
�ast half of said ouarter auarter section, and run thence
North Parallel to the East line thereof, 415 feet to an iron;
thence East parallel to the South line thereof, 210 feet to
an iron; thence South 415 feet to an iron in the South line
of said quarter quarter section 210 feet East of the place
of beginning; thence Idest to t!�e olace of. beginning, containing
tcoo (2)' acres, more or less.
(6) The Co-Administratrices are hereby directed to record a
certified copy of this decree in the office of t.he Recorder of
i•IOnroe County and in the office of the Recorder of Gibson County,
and are further directed, after making disYribution of the personal
property and recording the decree, to file a sunpiemental re�ort
shooring therein:
(a) any further accounting for receipts and disbursement in
accordance with this decree;
(b) that distribution and payment of oersonal property and
cash in this decedent's residuary estate has been made oursuant to
this decree;
(c�? that the decree has been recorded in Jdonroe County and
in Gibson County; and
(d) that the Co-Administratrices have in al-1 respects carried
out the provisons of.this decree.
Dated this 20th day of February, 1987.
ames .vi. Dixon, Judge
THOnIPSON & TI�OM.PSON
Attorneys at Laca
124 1/2 N. Plalnut St.
Bloomington, Indiana 47401
Phone 812 332 4800
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