HomeMy WebLinkAbout1265 LAST MILL AND TESTAMENT OF WEHSlBR PERRY LOYINGGOOD, JR., DECEASID
FILED JUNE 30, 1978
LAST WILL AND TESTAMENT
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t•7L•'DSTER PERRY I,OVINGGOOD, JR.
I, tti'ebster Perry Lovinggood, Jr.,_a resident of Memphis,
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Tennessee, do make, publish and declare this to be my_ last will
and testament hereby revoking all wills and codicils heretofore
made by me.
ARTICLE I.
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I direct that all of my just debts, my funeral expenses ,
and the costs of administration of my estate be paid as soon as
practicable after my death. My Executor, in his sole discretion,
may pay from my domiciliary estate all or any portion of the
costs of ancillary administration and similar proceedings in
other jurisdictions. -
In the event that any property or interest in property ~
passing under this will, by operation of law, or otherwise by
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reason of my death, shall be encumbered by mortgage or lien or #
shall be pledged to secure any obligation (whether the property
or interest in property so encumbered or pledged shall be owned
by me jointly or individually), it is my intention that such
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I indebtedness shall not be charged to or paid from my estate,
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but that the devisee, legatee, joint owner taking by survivorship,
or beneficiary receiving such property or interest in property
shall take it subject to all encumbrances existing at the time
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~ of my death.
ARTICLE II.
I direct that there shall be paid out of my residuary
estate, without apportionment, all estate, inheritance, succession
and other taxes, assessed by reason of my death, imposed by any
government or political subdivision in respect of all property
.required to be included in my gross estate for estate or like
tax purposes by any of such governments, whether the property
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