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price as such ~cecutors shall fix in my ~cecutoret diecretion a?e
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being ~air and reasonable~ but not less than the ~air market value
of the assets being sold or disposed of.
My Executors shall have the power to execute and deliver any
and all agreements~ deeds~ conveyances, leases~ bonds~ mortgages~
and other w'ritten instruments which my Executors may deem
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requisite or proper, and my ~cecutors shall deYend, prosecute,'
compromise or settle any and all claims in favor of or against my
estate~ or ia any aay relatiag thereto, in such manner as to my
Executors in their sole discretion shall deem groper.
' ARTYCL~ VY
My Txecutors shall have the right to exercise aay election
they may have as to whether to claim aay expense of administration
' of my estate as a deduction Yor any death tax, or any income tax,
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in any such manner as my ~xecutors believe will minimize the total
tax burden on my estate irrespective o~ the effect of any such
decision upon the value of any trust~ and without any.adjustment
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as between income and principal of any such trust by reason of t~e
increa.se in current income after taxes resulting ~rom deduction fo~
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~ income tax purposes of a principal charge therefrom. 1iy E~cecutors
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~ may execute such tax returns and pay such taxes as my ~cecutors
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~ shall determine to be necessary and in ~hat regard, at the request
~ of my wi~e~ to join at the risk of my estate with my wi~e in the
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G I execution of anq personal, joint, federal and state iacome t~
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~ I returns for my said wife and myself in which are ~ludsd any
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~ income and deductions ~or any period, or periods~ and also to '
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consent that any gifts made by my said wi~e may be treated as
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~ being made one-half by me for the purpose of any gift ta~c law,
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~ and to pay such portion o~ the joint tax as my Executors shall
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~ deem equitable. • ?
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~ ' o R ~ x ~.33 ~~~E ~.~l~
~ ' soox 245 P~ 174 eec
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~ PAG:~. FOUR OF ~Y YVILL C'~ G,~
~ LAW OFFICES GOULO, COOKSEY, fENNEIL ~ MPLE6Y ~ VERO 6EACH, f~OptOA
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