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HomeMy WebLinkAbout0801 i a ^ • ~ 'i'ruatee sl,all pay or transPer to t:~~ `.iet~lor as th• S~ttlor direats, durlc~~; t,er comr~etenay, all or aual~ i~or~ion of ~he n~t inoomr o! trie truet estate nr the prinoij~al or at~ o! th~ ott~er assets th~reof ae ahall be need~d for th~ uuprort, m~?intenanps ana aomtort of the :vttlor in aacord~no• Mith a~r station in life and accuatomed atandard of living. If at a~y tiae th• S~ttlor shall b~oone le~ocepot~nt~ and during suah inoompot~ncy, the 3uaoe~sor Truatee~ having as~uTMed the ed~ninisLratlon oP aaid truet •atat~, auay in h~s diac~cwtion pay to or apply for the Lonefit of tt~e 3~ttlor suali portion . or all of the ineome or ~rincipal of the Trust ae tt~ ~rustoe dQems adequate to prov~de fully for L1~e aomtort and mair?tenauoe of the Sattlor ir~ aacordanae ~ith her etation in liPe. b. Jurin~ buolz time or tiroea aa t1,~ Settlor is 'Pruste~, she shall not be reyuired to ma~ke any accounting. Aft~r tr~e deat~, of tue :~ettlor and durin~ sucn tiG?e or tir?es 3s the Sucaesaor Trustec: is actin~ •rruetee, he shall ~repnre an acaountin~?• annuall;~ and 3t sucn other r~aeor.able intervals ~ ~ as aliall Ge required of him by tY,e Sattlor or othQr benefioiary. ; ; Said accounting shall be delivered or mailed to the benefiQiQries ~ E = at the address or addr~sses laat knor~n to the :~ucaedsor Truate~. ' ~ ~ ~ +~Y.@n so dQlivered, the writLen approval of the aacountinR by ~ - , ~ the lite ben~fiaiary st;all be Pinal and b3ndinE; as to all ~ ~ L~atters stated Sn Said account or shown thersty upon all ~ ~ ~ benefieibries~ Mho are then or who ther~after beeome eli ~ible to g ~ ahare either in ths prinoipal or lncorn~ of ssld Trust. Writton ~ ~ oD~oations Dy a b~nefialary or benflisiari~s ahall Oe filed ~ rrith th~ Trust~e within thirty da~~R of th~ deliver~ to or ~ ~ mailing of said acoount to th~ bcnsfialari~s. Ob~sationa, if > ~ a~ad~, ahall ep~oify ths item or iteas or othtr partianlare or ~ ~ ~ omiaalons of auoh aeeowntiag to ~hica ob~votM» is maA~. ~ _3_ ~ . ~ ~ ~ ~ ~ . ~ ~ 314 ~,,,,E_ 80~ ~D,~. - - ~f : ~ ? ~ . .