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HomeMy WebLinkAbout2442 + ~ . _ , ~ , f ~q 31U any one or more of the oeneficiaries such sums from the principal of the Marrow Family Trust {even to the extent of the entire . ~ amount of such principal) as my trustees other than any Bene- ~ , f~-a~,~,~y harAi~~+aaa ~~~A~~~ i~~ ~,~,ri~r rrai~ e~?d unreviewabie ais- cretion, determine. e. 1. My trustees are hereby specifically autho- - rized to make unequal~ payments of income and distributions from , the principal of the Marrow Family Trust, to exclude any one or ; more of the Beneficiaries from any payment of income or distri- bution from principal, or to pay the entire net income.and to distribute the entire principal thereof to one of the Benefi- ciaries to the exclusion of the others. I further direct that my trustees shall not be bound by any prior payments of income or distributions from principal made by them, it being my intention ~ ~that the discretion of my trustees other than any Beneficiary • i _ } hereunder as to the alloca~ion of such payments and distributions ~ , ~ among the several Beneficiaries and as to the respective amounts thereof shall fully discharge my Trustees with respect to the , ; amount so paid, shall be conclusive and binding on all persons - ' interested in my estate and shall not be subject to review. ~ ~ ~ • ~ ~ ~ 2. No Beneficiary hereunder shall participate, ~ E as a trustee or otherwise, directly or indirectly, in the exer- ~ e cise of any of the discretionary powers hereinbefore conferred, ~ ` such powers being hereby vested exclusively in my then acting trustees other than such Beneficiary. R ~ C. 1. Un~ess the principal and income of the Marrow ~ Family Trust~shall have been exhausted pursuant to the foregoin 9 ~ provisions at an earlier time, the trust shall terminate upon the ~ ~ ~ last to occur of the following: ~ a. the dcath of my wife; t ~ . ' b. the death of my son, PAUL M1,RROW; a ~ ~ - ~ c. the death of my dauyhter, MARJORIE ? S1VNI3ERG; i s ' ~ PALt4 OFF ~ . ~ BEACN RE~ 18 4 3 Pnc~ 4-8 4~' _ g_ ; ~ ~ ~ , , ~ . . • x - , . , s ~ - S3RK 311 'r''~!;!