HomeMy WebLinkAbout2149r
~ i
child of the Grantor and one share for the then
living descendants collectively of each deceased
child of the Grantor. Sach such share shall be
held by the Trustee as a separate share, and each
share shall be designated by the name of the child
of the Grantor then surviving, or by the name of
the child of the Grantor who is then deceased leaving
descendants then surviving, as the case may be.
Hereinafter the word "child" shall refer to the
child of the Grantor by whose name a share established
hereunder is designated. Separate books and records
shall be kept for each such share, but it shall
not be necessary that physical division of the assets
be made as to each share established hereby. Each
share established hereby shall be held, administered
and distributed in accordance with the following
provisions:
(A) (i.) E~egt as provided in subsec-
tions (ii) and (iii) of this section (A) ,
a share so created for a child of the
Grantor shall continue to be held in
trust by the Trustee who shall devote
to such child's health, education (including
college and professional education),
and support in reasonable comfort as
much of the income or principal, or
both, as it deems necessary or proper
during the continuation of such child's
s
13. ° R 179 X2147
BOOK
,__ __.