HomeMy WebLinkAbout0235 77 4~~~ CP
of this Trust, including the compensation allowed by the Court to the
Trustee for its services hereunder shall be a charge upon the Trust
estate and shall be paid by the Trustee in full out of the principal
of the Trust estate in such manner as the Trustee in its absolute
discretion may determine to be advisable, prior to final distribution
of the Trust property; and the determination of the Trustee with
respect to all such matters shall be conclusive upon all persons
howsoever interested in this Trust. ~
(5) The Trustee shall have full power and authority
to determine, in its absolute discretion, what shall constitute
principal of the Trust estate, gross income therefrom and net income
distributable under the terms of this Trust, except as herein
otherwise specifically provided, and the determination of the Trustee
with respect to all~such matters shall be conclusive upon all persons
howsoever interested in this Trust.
(6) It is my will that in the event the beneficiary
of this Trust shall be a minor at the time of my death that the
Trustee pay to the Guardian of the person of said beneficiary during
said beneficiary's minority, and after my daughter has attained the
age of eighteen (18) years of age that the Trustee pay to said ~
beneticiary, the net income of the Trust estate to said Guardian or
beneficiary for the full support, maintenance, and education of
my beloved daughter, and if, at any time in the absolute discretion
of my Trustee, said beneficiary for any reason be in need of funds
by reason of illness, hospitalization or insufficient income for her
proper maintenance, medical care, support, education or marriage in
accordance with her customary standard of living, the Trustee, in
;
its absolute discretion, after considering all other income and
resources available to said beneficiary known to the Trustee, may ~
pay to said Guardian or beneficiary in addition to the net income
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_ sooK z79 PacE 234