HomeMy WebLinkAbout0237 ~
'7'7 4 y ~ C P
(11) When my daughter has attained the age of
i
itwenty-five (25) years, the net principal assets of my estate,
'together with all accumulated income therefrom, if any, shall be and
!become the sole property of my daughter, to be hers absolutely and
forever, in fee simple absolute, per stirpes and not per capita, and
said net principal assets and accumulated income shall be delivered
;to her by my Trustee.
; (12) If the beneficiary of this Trust shall die
before attaining the age of twenty-five (25) years or before complete
distribution of the Trust Corpus and income accumulated thereon to
her, then in either event said corpus and income shall be forthwith
distributed to her then iiving descendants per stirpes, or if none,
then equally per stirpes, to DAVID KAPLAN, RANDY KAPLAN and STEVEN
KAPLAN, or to the survivor of them, or if none, to my heirs at law.
(13) The beneficiary of this Trust sha21 not have any
right to alienate, encumber or hypothecate her interest in the
principal or income of the Trust in any manner, nor shall any interest
of the beneficiary be subject to claims of her creditors or liable to
attachment, execution or other process of Iaw. - _
(14) In addition to all of the•powers enumerated
hereinabove or hereinafter, I expressly grant to my said Trustee all
of the powers conferred upon Trustees pursuant to PART IV of Chapter
737, Florida Statutes (1975). In the event that said Chapter is
hereafter amended to provide for additional powers of Trustees, I
expressly grant the same to my said Trustee; but in the event that
said Chapter is hereafter amended to restrict and limit said powers,
I expressly provide that said limitations or restrictions shall not
restrict or limit the aforesaid powers of my Trustee.
EIGHTH: In the event that my beloved Wife and daughter ~
i '
~ Page 7 of 9 Pages
~..R-- 7'7~l 7~7~