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O. When required to make a distributfon or transfer ,
of all or a.part of the assets of my estate or o~ any trust
created hereunder, my fiduciaries a?ay retain therefrom assets
sufficient in their judqment to cover any liab~lity which
may then or later be iraposed up~n them, includinq but not ~
limited to their liability for estate, i~come or other taxes,
until auch liability shall have besn finally determined.
P. Z direct my S~cecutors_ to distxibute my estate as soon
after my death as may, in their sole discretion, be convenient
to the extent not inconsis~ent with other provisions of this
Will. My Executors are su~horized to make. such distr3.butio~ in
cash or in kina, or partly in kind, and are further authorized
to distribute my estate subject to any and all indebtedness
iacurred by me or by my Executors, which in the opinion of
my Executors need not first be paid, anr3 subject to any or all
mortqages~ deeds of trust, or other lien~ crested by~me or
by my Executors. My Executors are authorized to begin distri-
bution of income or corpus fr~n my estate exactly as if any trust
create3 by this Will~had been established at the time of my death.
Q. Any power and right granted to my fiduciaries
may be exerci.sed by them without pasting any bond, without •
obtain.i~g a?ny order frrne or the- approval of any court, without
any notice to or consent of anyone, and my fiduciaries shall
not be requiYed to make any report to any court at any time
for any purpose. -
R. My fiduciaries are hereby directed to carry out
the terms of any written agreement I may have entered into
to sell all or any part of any property or any interest I
may own in any bus3ness at the time of my death. ~
~ ~ S. When called upor~ to divide the principal of my estate •
~ or of any trust into parts or shares, or to distribute the same,
to make such division or distribution in kind or in money, or
, partly in kind and partly in money,~or by assigning or:allotting
undivided interests or parts in any securities or other property
held by them and to treat any such property as constitutinq
pro rata- investments in caac~non for the trusts or furids admin-
. istered by the7n hereunder. ~ ~ ~
T. To r~tain axiy securities and other investments
~ in closely held corporations, regardless of whether or not
the~same shall be authorized by law for investment by fiduci-
! aries. ~My fiduciaries shall not be liable or responsible
in any way for depreciation or loss incurred by reason of
or with resgect to the retention of such securities.
IN WITNESS WHEREOF, I have set my hand and seal to this
my last Will consisting of seventeen (17) pages, on the margin of
,
each of which, except~this page, I have placed my na~e or initials
for -better- identification, in Dade County, Florida{ ~~his.. 7_
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~ day of `71'' .,vu~.. - , . 1973 . s` ~
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{ HERMAN RUBIN . : ' ,
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' - Page Sixteen of Will - ~ . R~~ ' ~~~;;"R,' . ;
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1.IlW O~t'lCis OI FORREfT, RUFFN[R. TRAUM Q HAG[N. P. A.. 1220 ourONT dU1LC1NG. MIAMI, fLpRIDA 3~1~t
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