HomeMy WebLinkAbout2171 ~113056~ .
. BOOK PAGE
,'D;arital Trust estate which shall not h~we hcnn effectively so
I~appointed by her such amounts as the Trt?sten in its discretion
I
:shall deem necessarti~ or advisable to pay the elnenses of leer last
i~ illness anc? funera] anc the ac~c~itional ac;ministra.tion expenses,
i.
i~eounsel fees and c]eath taxes payable in hFr estate as a result -
Hof the inclusion therein of. the Marital Trust estate or any pot ;
'
• tion thereof or income accumulatec? thereon, ~-~nc? the' balance of i
i ~
i
such portion to the ^_'rustee of the ~'ami ly "'rust (as hereinafter
'i established) to be adc?ec? to, held arr_ paid over as a Fart of said ~
;i i'amily Trust.
t H. The Trustee shall transfer anc' ~-~llocate to the Family
,Trust the balance of tre trust estate, ter, iF the ~ettlor's said ,
i
+''wife shall not survive the Settlor, the c.hole of the trust estate.
I~
'.The Trustee may at ar.y time or times pay all ~r any portion or i t
'portions o` the net income or principal or both net income and i
,j
principal of the Family Trust to the Settler's saic? k•ife as the ~
i
Trustee in its sole anc'. uncor_trolled r'.iscrc~tion shall c?eer± neces- I
{
sarv or ac?visahle f_or her comfort, sur--Wort, r~ainterance, health ,
I
or welfare; prwidec?, ha~•:ever, that ne navrrents sha? 1 be made out
I of the Principal of the Family Trust to the Settler'G said crife
f
! .i so long as there is principal reriaininr ir. the r'arital 'rust. ~
i )
.Upon the ceatl? of Settlor's said w'ii e, o•r_ t~°~~„ the c'eath of the !
a
} ;`.Settlor if the Settler s sai~~ wife shall pct survive the. Settlor, i
the Trustee shall c'.ivic'e the trust estate into a sufficicr.t num- - ~
bet of equal shares to ;~rovic?e one such G}~are for each child of
the Settlor c•:ho shall teen be livinr ~ nc' one such share for .the - ,
issue collectivel~r, if any, then livinr of each such child of the {
;Settlor who stall then tie c'eceased, arc s~.~ll hold and ac?ministcr
'
each of said sh.~r-es ar.c. the income t!~erefr~m as folloc;s: f
(1) r:s to each such sh~~re se provic?ec' anc' ::elc? for a
child of. the Settlor, the Trusteo shall )•rlc' such share in separate
.1 trust and shall rav the r.et irco~^e ther-eof to such child for and
f. c?urinc, the terr+ of his or !per natural life; nrovide~. that such
i'
chile? mav, upon ~•~ritter. r~crucst tc:~ trc Trustee at ar-v titre and from
time to time ~:iti~drao,- all or_ Hart of the rrincipal of such s}=are. ~
~i ~
+ The trust shall ter^~irate as to al] nro!~crt}~ trans`erre~ anc paid j
~
s
-3-
'
~i ~~~`iK31~ PaCE