HomeMy WebLinkAbout2103-. ~ ~
and receipt for the same upon receipt by the Trustee,
from time to time or at any time, of a certificate
or certificates signed by the executor or administrator
of the Grantor's estate and stating the amount due
and payable. The Trustee. shall 3.n no way be bound
to inquire into the legality or amount of any such
payment so certified by the Grantor's executor or
administrator, nor as to the sufficiency of the
assets of the probate estate of the Grantor available
to make such payment. The Trustee shall have the
right and power, in cooperation with the executor
or administrator of the Grantor's estate to adjust,
compromise and pay any claims with respect to any
such debts, expenses or taxes, including any taxes
on future or contingent interests, in such manner
and upon such terms and conditions as the Trustee,
in its sole and uncontrolled discretion, shall determine.
Ali such payments shall in any event be allocated
against the property composing the `Vineyard Family
Trust', and in no event shall any payment be allocated
against any of the property constituting the "Wife's
Part", and furthermore, no funds or proceeds emanating
from any such source which qualified as an exempt
pension plan or profit-sharing plan pursuant to
Section 401 of the Internal Revenue Code of 1954,
as amended, shall be used for this purpose.
11.
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