Loading...
HomeMy WebLinkAbout0589 . . ~ : ~3`~6 . C~ LAST WILL AND TESTAMENT OF JAMES R. MALEY - Poge Two C. Ona-fourtfi (1/4) thereof ouhight to my son, DAVID ALEXANDER MALEY, provided that he has att~ained tfie age of twenty-three (23) yeors at the time of my death. If my scid son has not aMoined the c~ge of twenty-three (23) years at the time of my deoth, then his one-fourth share shall be held and admi~istered by my Trustee hereinafter named. Untii my said son attai~ the cge of twenty-t ~~ree (23) yeara, my . Tnutee shall poy aa much af ths incane and principol of said shore as my ~nntee determi~es to be neceuary for the health, eduootion • (inc~higher education) ond support of my said son. When DAVID ALEXANDER MALEY ctt~ai~ the age of twenty-three (23) yeors, then this trust shcli cease and terminate and the then remainirwp principal ar~i income shall be distributed ouhight to my said aon. If my said son dies before aMaining the age of twenty-three (23) yeors leaving a descendant or descenda~s wrvivin8 him, then said descendanh shall _ represent their ancestor and take said ancestor's share, per sti~pes, otherwise the then remainir~g pnncipal cnd incane of fhis trust shall ~ be added equaliy to the shares af my otfier children provided ~or under • this CLAUSE IV of my Will. ` D. One-fourth (1/4) th~eaf to my Trustee he~einafter named to be held, invested, administered and distri~iuted fo~ the benefit of my son, " DANIEL PETER MALEY, pressntly residing at 2324 Grond Avenue, Fort Myers, Florida. DurinB the period of my said son's lifetime, the Tnutee is authorized to use as much of the income and principal as t~ie~ ee in ih determination dee~s neceuary to provide for my I! scid son's~th, eduvartion, maintenance and welfare. In the event my scid son, in the opinion of the Trustee, is ccpable of handling his awn ~nancial affairs when he atinins t~age of twenty-five (25) ~ years or at a~r subsequent fime duri~g tfie administnation of this tnisf; ` then my Trustee is cuthorized to terminate this tnKt and distri ute t e ~ then remaini~g principol cnd income outrig t~~to my said son. At the . death of my son, DANIEL PETER MALEY, amr remaining principal and incane of this trust shall be distributed equaliy to any descendcnts then living of my.said son, DANIEL PETER MALEY. If no such descendani~s wrvive my said son, then tlie principal and undistributed income of this trust shall be distributed ouhight egually to my children, PATRIClA u~Z`~ARET BLANDFORD, ROBERT JAMES MALEY,and DAVID ALEXANDER MALEY, per stirpes, and not per capita. ~ . E. If any of my children shall fail to wrvive me and shall leave a descendant or descendants living at my death, wch descendants sholl represent tfieir ancestor and Mke wid ancestor's ahare, per stirpes, otherwise the share of such dec~dent shail drop out, thereby equally increasirwp the shares of the others of said foregoing nomed children ~ or their descendanh, as the case moy be. " i BOOK ~G? I J PAGE 5~ . ~ f[' 4 _ . . .