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HomeMy WebLinkAbout2443 . ' . ~ ' . • ~ 1 , . . • i I w ~ 1 • i9 3l~.1 d. the twenty-first (21st) birthday ot my ; younyes~ grandchild; and ~ che denth o! the last survivor of my grandchildren who shall not have attained the age of twenty-one (21) years. Notwithstanding anything herein to the contrary, the trust shall terminate twent -on ~ y e(21) years after the death of the last K surviving issue of mine who is alive on the date of my death. - ~ 2. Upon such termination, the then remaining principal and accrued and accumulated income of the Marrow Family ; Trust shall be disposed of as follows: - a. I give FIF'TY THOUSAND DOLLARS ($50,000), absolutely, to each of my then living grandchildren; and~ b. I direct that the rest of such principal and income shall be disposed of in accordance with the provisions i ,~~of Paragraph V below. ~ ~ . r,~ V. I give any property which shall not have been effec- ~ t•. Itively disposed of b the fore oin Y q g provisions of this Will upon ~ I- ~Iqy death or upon the termination of any trust hereunder to the ~ `';•~Foundation; and if the Founda ' E tion does not then exist or is not ~ then an organization described in Sections-170(c) and 2055 of the f Internal Revenue Code, then to such one or more organizations ~ each of which i ~ s then an organization so described, in such F t tl ~ amounts and/or proportions as my trustees shall, in their sole ~ and unreviewable discretion, ~3etermine. ~ ' ~ VI. In exercising any discretior.ary authority given to them ~ under any provision of this Will, I direct that my trustees shall ~ ~ not be required to take into account any otfier resources avail- ~ ~ able to the person to whom a payment or distribution is under ~ I ; consi.deration. I ~leclare that in creatiny the trusts provided ~ ; ~ _ ~ ~ ~ ~ ; ~ , . 9 + ~ BEACN REf Z 8 4 3 PAGc 4 3" , • . . ~ J . ~ _ . . ~ ~ ~'~R~311,~~~24~~. ~