HomeMy WebLinkAbout0873 . ~ ~
ara~tor, or to maet an emergency! for so long as the ~
Grantor shall live.
2. Upon the death of the arantor, the Trustee
shall use auch part of the prlncipal of the Trust $state
_ ,
and accumulated bu~ undistributed income pertainir~g thereto~ ;
as may be necessary to pay all of the legal debts; obliga-
- ;
t~ons, expenses af last illness, and funeral and burial
expenses of the Grantor. ~he Trustee ahall pay and distri-
bute the rest, resiuue and remainder of the Trust $atate in
the ms~nner provided in the following Paragraph 3.
3. Upon the death of the Qrantor, the Trustee
shaZl divide all of the Trust $state remaining after pay-
ment or provision for payment has been mt~de of the debts
and other expenses specified in the foregoing Paragraph 2,
together xith accrued or accumulated but undiatributed in-
~
co~e pertaining thereto into two equal shares to be allo-
i
~ cated unto the arantor's children, JAI~S ~KI$ DUrIIiAM and
JACK VAN DUHI~AM, and the Trustee shall distribute each of
such sharee to the child to xhom such ahare is allxated
if he is then living, and if not, to such child's descend- ~
;
- t
anta then living, er stirpes and not per caPlta. In the
event that either of such children is not then living and ~
has left no descendants then living, then all of the re- ~
~
mainder of the Trust Rst~te shall be paid and distributed ~
to the other child if he is then living, and if not, to his
then living descendanta,- er stirpes and not er caplta. ~
~ ~
~ ARTICI.S II
_ ~
~
In the investment, adrninistration and distribu- ~
~
tion of the Trust Satate, the Truetee and the beneficiaries ~
~
~
- aoo~159 ~A~E 273 - 2 r
- ~ - ~g ~
~ ~ ~
~ ~ -
_ _,~•<%a _ _ _