HomeMy WebLinkAbout1229 or which have passed to Settlor's husband otherwise than by the
terms of this Article.
The Trustees shall allocate and designate the~cash, .
securities and other property, including real estate and
interests therein, which shall constitute said trust. The
assets to be allocated to establish said trust shall be selected
in such manner that the cash and other property allocated will
have an aggregaCe fair market value fairly representative of
such trust's proportionate share of the appreciation or
depreciation in the value to the date, or dates, of allocation
of all property then available for allocation. Any property
included in Settlor's estate at the time of her death and
allocated in kind to said trust shall be valued for that purpose
; at the value thereof as finally determined for Federal estate
~i
; tax purposes, and any other.property so allocated shall be
~
valued for that purpose at its cost. No asset or proceeds of
any asset shall be included in the trust as to which a marital
deduction is not allowable if included. Said trust shall abate
to the extent that it cannot be satisfied in the manner
hereinabove provided.
(A) During the lifetime of the Settlor's husband, {
George H. Daggett, the Trustees shall pay the Income from
~
~ "Trust A" quarter-annually to hiun or for his benefit and shall
~
~ pay to him in addition such sums from principal as he may from
time to time request in writing, even to the exhaustion thereof.
(B) If such Income-shall be insufficient in the
opinion of the Trustees to provide for the medical care,
LAW OFFIG[Y maintenance and support of said husband and he is for any reason ,
MCDOWELL. ~
McDOWELL.
WICK ~ ~
AND SOO!! ~ !
DALY - 3 - ~ y
. 3 v~"~~{ T
~ ~l '~..s=~:~ »>.r~~~„~'-~"'....~"-9. _