Loading...
HomeMy WebLinkAbout2146~ ~ ~ ' ~ ~ (d) The "Family Part" as hereinabove determined in paragraph (b) above of this Article, shall be held by the Trustee, in trust, such trust to be known as and hereinafter referred to as the "Vineyard Family Trust", to and for the follow- inq purposes: (1) In the event the assets available from the probate estate of the Grantor for such purpose, pursuant to the terms and provisions of the Grantor's will or otherwise, shall be insufficient to pay the funeral expenses of the Grantor and. to pay the debts of the Grantor and of the Grantor's estate, the expenses of administration of the Grantor's estate, and to pay all estate, inheritance, legacy, succession and other taxes, state and federal (including any interest and penalties thereon) arising or awing upon or as a result of the Grantor's death, then the Trustee shall pay the remaining balance of all such debts, expenses and taxes, and no part of such debts, expenses and taxes shall be recovered from, paid by, or apportioned between or among those persons beneficially interested in the Grantor's estate, regardless of any statute to the contrary. Such payments of debts, expenses and taxes shall be made to the persons entitled or authorized to receive 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 in no way be bound lo. o R 179 ~~2~.4~ saox .~- .-- _~