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REC 359 ~~654
~i with adequate security.
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j. To operate and conduct ai,y bueinesa with full authorizatio
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~ k. To request from the then trustee of the said "Life Insur-
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ance Trust Agreement of Nicholas C. Caputi~" funda for payment of any
~ debts, administration expensee. or taxes due or payable from my estate, or
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'i reimbursement for. a ment of such debts e
; P Y , xpenees. or taxes.
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~ 6, No surety shall be required of the executor. Successore shall
~ have all powers. rights, and privileges similarly. No party to an instrument
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signed by the executor shall be obligated to inquire into its validit , or into
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~~he application of an asset delivered to them ther~under. If the executor in "
good faith decides that there is uncertainty as to the inclusion of particular .
property in my gross estate for Federal e8tate tax purposes. he shall exclude
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~ such property from my gross estate in the estate tax return. The executor
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~ shall not be personally liable for any Ioss to my estate or to any beneficiary
~~resulting from its decision made~in good faith that there is uncertainty as to
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the inclusion of particular property in my gross estate. References to execu-
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~ i tor shall be deemed to be those serving at the time, irrespective of whether
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! ~ the plural or singular, or whether the male or female gender ia used.
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, Authorizations to executor are in the executor's discretion unless otherwise
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; restricted.
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i! 7. No person shall be deemed to have survived me who shall have
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j~ died at the same time ae myself, or if it is impossible to determine which
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died first. .
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. In witnese whereof I set my hand and eeal. 196J~.
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