Loading...
HomeMy WebLinkAbout2098. . viii) Within the li~aitations apeci- Pied above, .the Trustee shall have the sole discretion to select and detesmine which of the assets of the trust shall be set aside and allocated to the "Wife's Part", except that no assets which would not qualify for the marital deduction allowable in deter- mining the federal estate tax payable with respect to the Grantor's estate shall be so allocated; and, except also, that no share of the voting stock in Vineyard Industries, Inc., a Florida corporation, its successor or successors, and no interest of the Grantor in The Tahoma Company, a partnership consist- ing of the Grantor and his brother, PHILIP W. VINEYARD, shall be allocated to the "Wife's Part", and all of such stock and such interest shall be allocated to the "Family Part"; and, except further, that the Trustee is specifically directed to allocate to the "Wife's Part" any and all shares of 8$ noncumulative preferred stock in Vineyard Industries, Inc., a Florida corporation, its successor or successors, which are subject to this trust, but, any such allocation shall be made to the extent and only to the extent necessary to complete the said "Wife's Part" . The "Wife's Part" shall be reduced to the extent that it cannot be created with assets which qualify for the marital deduction allowable in determining the federal estate tax payable with respect to the Grantor's estate and to the extent . ` 6. a~K1`~9 ~~0~