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HomeMy WebLinkAbout1765_DRECHSLER_JOHN_106_502_10-17-1968_11-13-1968&'3 -t 'i-/¥~s .Applicatinn fnr Jrnbatr nf lIill uf.~.?.~.~:...~~.~.~.~.~.~~.:~. M _.late of ~.~..~~.~'!.'!...~.~~.~::~~.~.~.~.~~~.~.??~~~~~.~,Washington County, Pennsylvania deceased,and <81'ant of ffi1'ttrra W1'atam1'ntary. REGISTER'S OFFICE,I WASHINGTON COUNTY,rSS ,: Before the Register of Wills of Washington County,personally appeared ~.~.~~~.~~.~.~.~.~.~.~.~.~wh0 being duly sworn says that..~.~.~.~~.::g.~.~.~.~.~.~.~~late resident of ...........s.I::.~.€\!:1.€\,Washington County,Pennsylvania,a citizen of..~~~..~.§.y.!:-.y.8..~.!.A died testate at.~.~9.~.~!.2~.h Y.!.~~.!..~.!..~on the !.?!..~day of ~.?"!:.?..~.~.~A.D.19..~.~. at..~.:..9.9.o'clock ~m.,age §?leaving an estate of the estimated value of $y.~.~.~.~.~~. personality,and $~.~.~.~.~.~.~realty,said real estate being located in ~.~.~.~.~.~?~~..~.. The decedent's legatees and devisees are as follows: NAME RELATIONSHIP RESIDENCE FINLEYVILLE,-ELRAMA ROAD MARY L.DRECHSLER WIFE ELRAMA,PENNA.15038 323 SECOND STREET,S.E. CAROL J.(DRECHSLER)OLIVA DAUGHTER WASHINGTON,D.C. 306 TIMOTHY DRIVE JOHN PHILIP DRECHSLER SON ELIZABETH.PA.15037 FINLEYVILLE,-ELRAMA ROAD PAUL DRECHSLER SON ELRAMA.PENNA.15038 Testator k~S(.wAS married and N.o children have been born since the execution of the will offered for probate. Petitioner prays that the paper writing filed herewith dated ~~~.!.~~.~.~.~?!..~~.?~~.. may be admitted to probate as the last Will and Testament of said decedent,and to grant Letters Testamen- tary thereon to ~~.~.:-:-~.~~~~~.~.~~.~~¥.. whose postoffice address is y!..~.~.~.:..~.!.!::.~.~.:.~.~.~.~.~.~~.?~..~?~~.~~~~.~~~.~.~~'!.!::.y..~.~.!..~!..?.~.~.~;. Sworn to and subs«ibed before me tbis_..../_2 ~<..,,r-, d f NOVEMBER A D 19 68 ..l./:2.4:.t:~;/.......:....&.......fd:..~.~/........ay 0t(!tJ;j.~~........ .(] ...._._.._..ii!~._':iB~·Rp··- J COMMONWEALTH OF PENNSYLVANIA,}SS. WASHINGTON COUNTY,7P .. A 77/'~--/3 V brt MARY L.DRECHSLERAndnow,19 ,comes . who being duly sworn doth depose and say that...S.H.E will well and truly administer the goods and chat- tels,rights and credits of ~9..~.~~.:g.~.~.~.~.?.~.~.~deceased, to the best of ......~.~.~...skill and judgment in strict compliance with the laws of this Commonwealth,mind- ful of the laws relating to inheritance taxes. Sworn and subscribed before me thiS _....f..~._~.),$'" day of$J...~...t!.O'~.?;7rQ;j~.-:...._..;_...._..A.D.19._~~....._....2Z£!-_4,.;_.t:.._.:.__.LUd...~{;,~_... ~.l..l~..........................Ifji;;ilr.-;......... ~ t'( ~ ~ ,~ ~ ~ a-t :~i e: 0:~j< ~ ...zoI-a:: ~ ...JU ~ z ~> ...J>-(I) Z Z W0. l!) C\Jol!) ...J ...JWoZ0o~en 3:a:::W l!) :2:-W <:T W::>zenW....J >W <::(:::>:2:~. :,':J I "I- r-rt ., r o.....;5 rnI-<E.....Q)~ 0) ~ ...cJE§ d ~l-:z:<tl>: ...Jl>-:(I):z:zlW:a.! -i~::i::~:a:::...J:wI ....lo Q) ~~ . Cl.. z:co J a:::~~en rn:c t<$u ~W Q)g§~ \t-+Q............• I r<'\ C3 '-t %-/~,s- O!nmmnuwralt4 nf 'ruullyluauia l!IlICl5htngtnn <!Lnunty.55; Br.IT REMEMBERED,That upon this_L.d..tt]:day Of .Jf.~. 19..CJ..Y,before me RY.-.~.;:g~!)·Mg.r.J.n.Q Register for the probate of Will d t·L tt fAd"t t''thin d f'd Emerson Samuel""s an gran mg e ers 0 films ra IOn WI an or sal county,came l1'.. ...............~.n.9:~.~!..p..g:r.~f.~.l?.~.9..n . ............................................................................................................the subscribing witnesses to the foregoing attached Will of ......................................................................J..o.oo f..~Dr..e.l'.iD.s.l.e.r... deceased,who,after be'ng duly qualified according to law,depose and say:That they were present at the execution of said Will-saw the testat Qr.sign the same-heard h.im.publish it as and for ...........~.~..~.last Will and Testament;that they at hia request,in hl.a presence, and in the presence of each other,subscribed their names thereto as witnesses;and at the time of the doing thereof said testaLQ.'r.was of sound,disposing mind,memory and understanding,to the best of the affiants' knowledge and belief.~~..............................................~7'J .. '--'~-~A..I.o.,~~. LAST WILL AND TESTAMENT I,JOHN P.DRECHSLER,of Washington County,Pennsylvani do hereby make,publish,and declare this instrument as and for my Last Will and Testament,hereby revoking any and all other wills and codicils thereto,heretofore made by me. FIRST:In the event that my wife,MARY L.DRECHSLER, survives me,then I give and bequeath to my said wife,in absolut ownership,all of the furniture,furnishings,household effects, automobiles,clothing,jewelry,personal effects,and other tangible personal property,excluding cash,which I may own or have the right to dispose of at the time of my death.In the event that my said wife does not survive me,then I give and bequeath all of such property,in absolute ownersnip,to my then living children,to be divided among them as they may agree;in the event of their disagreement,then as my Executor,in his sole discretion,may determine. SECOND:In the event that my said wife,MARY L. DRECHSLER,survives me,then I give,devise,and bequeath to my wife,MARY L,DRECHSLER,for the sole benefit of my Wife,real estate,cash,securities,and/or other real or personal property of such value that,when the value thereof is added to the value of the property given and bequeathed to my said wife under Paragraph First hereof and to the value of all other property passing to her by reason of my death (including all proceeds of insurance upon my life receivable by her)and available for the so-called marital deduction established in the U.S.Internal Revenue Code as in effect at my death,the total value thereof shall equal one-half (1/2)/of my adjusted gross estate as defined in said Internal Code.The property to be included in this bequest to my wife shall be selected by my Executor,in his sole discretion,but shall only include property which is by character, nature,and interest available for said marital deduction.For the purpose of this Paragraph Second,including the satisfaction of this bequest,all values established for Federal estate tax purposes as finally determined,shall be used and shall be con- clusive upon all parties. THIRD:In the event that my said wife,MARY L. DRECHSLER,survives me,then I give,devise,and bequeath all the rest,residue and remainder of my property of every kind and description wheresoever situated which I may own or have the righ to dispose of at the time of my death to Pittsburgh National Bank and Mary L.Drechsler,in trust for my children as follows: My trustee shall divide the principal of my residuary estate into as many equal shares as there are children of mine living at the time for this division and children of mine then deceased with issue of them then surviving,provided,however, that in the event my son,PAUL,has not yet attained the age of twenty-one (21)years,such division shall be made 40%in trust for my son,PAUL,and 30%in trust for each of my children, CAROL and JOHN,JR.,or their issue as the case may be. 1.The trustee shall invest the trust property as they in their discretion,shall deem proper without being limited to those investments known as legal investments for fiduciaries. 2.During the minority of the beneficiaries,the trustees shall either accumulate the net income or devote it,in their discretion,to their maintenance,welfare and education. The trustees shall also have power,during the existence of the trust,in their absolute discretion,to devote so much of the principal as they deem necessary and proper to such purposes. 3.As each of the said beneficiaries attains the age of twenty-one (21)years,the trustees shall distribute to him one-half of his equal share in the principal of the trust.Ther after the trustees shall pay to him from time to time his equal share in the net income of the trust,and as each beneficiary attains the age of twenty-five (25)years of age,this trust shall terminate as to him and the trustees shall distribute to him the remaining balance of his equal share.The share of any beneficiary dying prior to final distribution of his share shall Page 2 be paid and distributed as he shall by his Last Will and Testamen appoint,and in default thereof,to his issue,and in default of issue,to my surviving children,or in case of his prior death, to his issue. 4.This trust shall be a spendthrift trust,and no beneficiary shall have any right to assign,transfer,encumber, or anticipate his share in the income or principal,nor shall the same be subject to his debts,contracts,or other obligations how soever contracted. FOURTH:In the event that my wife,MARY L.DRECHSLER, shall fail to survive me for a period of sixty (60)days or dies as a result of a common disaster,I devise and bequeath my entire estate to Pittsburgh National Bank and my daughter,Carol,in trust,nevertheless,for my children as follows: My trustee shall divide the principal of my residuary estate into as many equal shares as there are children of mine living at the time for this division and children of mine then deceased with issue of them then surviving,provided,however, that in the event my son,PAUL,has not yet attained the age of twenty-one (21)years,such division shall be made 40%in trust for my son,PAUL,and 30%in trust for each of my children,CAROL and JOHN,JR.,or their issue as the case may be. 1.The trustees shall invest the trust property as the in their discretion shall deem proper without being limited to those investments known as legal investments for fiduciaries. 2.During the minority of the beneficiaries,the trustees shall either accumulate the net income or devote it,in their discretion,to their maintenance,welfare,and education. The trustees shall also have power,during the existence of the trust,in their discretion,to devote so much of the principal as they deem necessary and proper to such purposes. 3.As each of the said beneficiaries attains the age of twenty-one (21)years,the trustees shall distribute to him one-half of his equal share in the principal of the trust.There after,the trustees shall pay to him from time to time his equal Page 3 .~ share in the net income of the trust,and as each beneficiary attains the age of twenty-five (25)years,this trust shall terminate as to him and the trustees shall distribute to him the remaining balance of his equal share.The share sf any beneficia y dying prior to the final distribution of his share shall be paid and distributed as he shall by his Last Will and Testament appoin and in default thereof,to his issue,and in default of issue,to my surviving children,or in case of his prior death,to his issue. 4.This trust shall be a spendthrift trust,and no beneficiary shall have any right to assign,transfer,encumber, or anticipate his share in the income or principal,nor shall the same be subject to his debts,contracts,or other obligations howsoever contracted. FIFTH:In the event my wife,MARY L.DRECHSLER,pre- deceases me,I appoint my daughter,CAROL,to be the Guardian of the person of my son,PAUL,if he be a minor at the time of my death. SIXTH:I hereby nominate,constitute,and appoint my wife,MARY L.DRECHSLER,Executrix without bond of this my Last Will and Testament;if she predeceases me,as set forth in Para- graph Fourth,I then appoint my daughter,CAROL,Executrix withou bond of this my Last Will and Testament;if she predeceases me, I then appoint PITTSBURGH NATIONAL BANK,Executor of this my Last Will and Testament. IN WITNESS WHEREOF,I have hereunto set my hand and seal this '2-7 day of ¥'1962. Signed,sealed,published,and declared by the above named Testator,JOHN P.DRECHSLER,as and for his Last Will and {Testament in the presence of us,who have subscribed our names as Page 4 ... ~-- ...".... witnesses thereto at his request,in the presence of said Testa- tor and of each other. Address: Page ;;