HomeMy WebLinkAbout0749 ~i `O 45rf i
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~i in his absolute and uncontrolled discretion, deem best, whether in the `
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interest of my estate or in the interest of my said wife and her estate, i
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, ~ C. My Executor shall have absolute discretion (
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~ ~ to determine the date as of which my estate ahall be valued for estate ~
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; tax purposes, and such decision shall be conclusive and binding on all "
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concerned whether or not any bequest or devise hereunder shall be ~
I° diminished thereby. .
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D. I authorize my Executor, in his sole dis- '
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cretion, to compromise all claims for Estate, Inheritance, and other ~
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~ like taxes.
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E. All Inheritance, Estate, Legacy, 3uccession ;
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or Transfer taxes, if any, imposed by the laws of the United States or ;
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of any state or territory or by any foreign government and asseased as !
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a reault of mq death _whether or not with respect to property paseing i
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~ under thia Will (but not fncluding any such taxes with respect to property ;
` over which I may have any power of appointment) shall, except as ~
' hereinafter provided, be paid out of the general assets of my estate as an
expense of administration. The aforesaid Trust ~greement in Article
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Fourth authorizes the Trustees thereunder to pay such portion of such ~
, taxes as my Executor shall require and request, and I, therefore, .i
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- direct my Executor to pay from the general assets of my estate as large '
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f a portion of such taxes as he deems feasible without being forced to dis- '
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I " pose- of any property contained in my Will, or to liquidate any asseta !
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~ ' under unfavorable conditions and then to request the Trustees under ~
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~ said Trust Agreement to pay the balance of such taxes, if any. My :
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~ ~ Executor in his discretion is authorized to anticipate, compromise
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or settle any of such taxes, including inheritance taxes on futu~re ,
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~ ~ T~ ~ - • BoaK 29? o~E 746
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