HomeMy WebLinkAbout0446 1 ~
~ . . _ . ~ .
~ '
. 1~ C. To my Trustees, hereinaFter nar:,ed,
~ . .
IN TRUST NEVERTHELESS, seventy-five (758) percent tliereof, fcr the
~uses and purposes hereinafter set fo~rth. Said Trust shall be
,
,~known as my"Residuary Trust," and shall be divided, ::eld, invested,
~ re-invested, administered and disposed af as folla:•:_:
l. My Trustees sha__ divide t}-,e-
assets which shall constitute the corpus of my Resic::ary Trust i.nto ;
;,that number of separate shares as shall represent_~::e number of
~ .
i;grandchildren, whether natural or adopted, who shaZl survive me,
~
;toqether with an addit'ional share for each child of r~y beloved
~ ,
,
`lchildren, DAVID W. POPICK and ROSE ELLA tlARKMAN, who shall be
il _
';born to-or adopted by them subsequgnt to my death, and my Tzustees
i!shall administer each such separate share as hereinafter set.forth.
• 2. My Trustees shall pay to or fo~
i;the benefit of each such qrandchild, in quarter-annual or in other~
~
`•convenient-instal~ments, aZl of ~the net income of the Fortion of ~
_ ~~m Residuar Trust allocable to each s
Y y . uch bene~iciazy.
;
- 3. My Trustees shall have the
~ ~
~
'further right, in their sole and sound discretion at all times,
tl t a .
~ o p y to or for the benefit of each such grandchild such additional
( .
'~sums out of the corpus of the portion of the Trust fund allocable
,
=~to each such grandchild as.my Trustees shall deem necessary, expe- i
t
~dient or wise so as to provide for the support, maintenance, •
~~education or medical needs of each such beneficiar . In makin ~
Y g .
~
~ldiscretionary distributions of corpus among my grandchildren, it ~
ti • .
~ ~;is my intent that each be treated impartially and without favoritisn:
:t .
~,At the same time, however, I realize that their respective needs
-
;:and educational programs may vary, and under such circumstances
't
~'.my T~u~tees need not treat them with absolute economic equality,
. ~t
~ibut ~hall be impartially~guided by the individual needs of each
;'beneficiary after taking into consideration their'~esRective ages,
{j , } ti; i. •
i ~
heaZth, educati req ' ements, earninq capaCities J.~tid'~pther
, ,
:1 ~ ' _ ' ~ .
_ ` ; -
~ - r ~ . ~ : ~ -
~ RE~ EG~ ..~1 ? ~ ~ . ; `
~ 'r~..: ~,~1~~ - : ,
' ~ ~ = 5 - ~i~_ ''•~Q= s,;. `J ,
~ . tJ ~ • L .
lAW OiFICES' KIINE, MOOpE, KLEIN 6 NERRON. P. I~.407 IiNCOIN ROAp. ~NAM~ •'S~ACM. FIORIDA »~39
~ ~aUx2~$ ~A~F ~44
: ?~t-:~`-~-----~-r-~• -
. , . -
r ' ~ ' -
, _ ~ • • _
n_r .w.~ _ . _ i.~:-s '•S- ~ _ ~ t?°„~„'~-' - :-=3 -~:.a3-
- -0 - - ~Y -