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HomeMy WebLinkAbout2528 79 156 i 1) To make distributions to custodians for minors under the Florida Gifts to Minors Act. 2) To use income to pay administration expenses or estate taxes for a decedent's estate. 3) To treat income in respect of a decedent as income instead of as principal. d) To pay inca~ae that i• due to a deceased beneficiary to the suocesdinq beneficiary. 5) To allow a rsasonabl• allowance for depreciation on property subject to depreciation under good accounting principles, but no such a1loNancs shall be n+ade !or depreoiation of that part of any real property used by a beneficiary as a residence. 6) To make distributions hereunder in cash or in kind. 7) To disclaim or renounce any power given hereunder which could be construed as resulting in the Personal Representative being treated as the owner of any portion of my Estate herein and thereby taxable in accordance therewith. - 8) With regard to both real and personal property, to acquire, retain, invest, reinvest, exchange, lease, sell borrow, subordinate, ttiortgage pledge, trenefer and convey in such manner and ~ on such terms without limit as to time as he may deem advisable even. !or terms beyond the expected administration o! any Trust created ~ herein and no purchaser or lender shall ba held liable to see to the propriety of the transaction nor to the allocation of the proceeds. 9) To incorporate a business in which I or my estate may have an interest. 10) To pay expenses of delivering devises. 11) To use income for purposes other than those designated . by statute. 12) To use an alternate valuation date for estate tax. iN WITNESS WREREOF I have hereunto subscribed my hand and affixed my seal this ~ day of 197. ~ « (SEAL) _ j _ Leona E. ron E s The foregoing instrument was signed, sealed, declared and i a published by LFONA E. VF.DRON, in the presence of each of the under- signed, who at her special instance and request, do attest as wit- assess, after said Testator has signed hPz name hereto, in her 5 presence and in the presence of ©ach other. s ~ Residing in Fort Pierce, Florida ~ 1 _ ~ « J~_/ ' Residing in Fort Pierce, Florida E / 5 'r s q r~ Page 3 of 4 BOOKJVU ?AGEG5~.t7 e _ vG-_ d'v f _ Y- - X _ to Y~