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HomeMy WebLinkAbout1970 ~ , . . . , , ~ F. Al1 of the rest and remainder of sa~ .Trust state, after the paymept ~f all succession, ~nheritapce or state taxes, State or Federal, levied or assessed by reasoa-of Dopor's death, shall be by the Trusteesdivided as follows: 1. Said Trust property shall be divided into equal, ' separate shares so as to provide ope share for each child of ° the Donor living either at the time of Donor's death, and one share for the thea livipg, lawful, lineal desCeadants, per stirpes of each thea deceased child of the Doaor; the share that each then deceased child of the Donor Would have received if living to be subdivided into as many equal fractional shares as there are then living lawful descen~a~ts per stirpes of such deceased child. Bach share and fractiopal share allocated to each such beneficiary shall constitute and be administered as a separate trust. Separate books and records shall be kept for each such trust but it shall not be necessary that physical division of the assets be made as to each trust. The income aad corpus of each trust shall be held and disposed of as hereinafter provided. ~hile Donor has provided for this trust estate to be divided into ; ' equal separate shares as stated, Donor directs that the Trustee s ~ shall not distribute any income from said trust estate until ° ~ her daughter, T~RRY PURPURA, has reached the age of tWenty-one ! a (21) years. Donor's other children, VIC%I PURPURA GRIFFIN and FRANK L. PURPURA, JB. are adults and have received benefits from their father and the Donor. Donor directs that said Trustee s shall from the income and from the principal of said trust estate care for ponor's daughter, TERRY PURPURA, in the same standard of living to which she has been accustomed wi~h her mother and shall provide for her the necessary funds for her ~ ~ comfort, maintenance, education, traveliag and any other needs ~ as though Donor herself were present. 2, l~hen Donor•s daughter, TERftY PURPURA, becomes twenty-one~(21) years of age, or upon her death if she should die before becomiag twenty-one (21) years of age, the Trustees may distribute to or for the benefit of each such living child and each such living lineal descendant of Donor so much of the ~ANOLD. MAiNENY t ~13~ o~~~o..?o.~.~? e[t~ ~7 PAC~~ ~ ~ ~ _ _ . . . r . - _ . - - - ~ - ~ ~ _