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HomeMy WebLinkAbout2440 • - - ~ ~ c•~. "978 rc 99i~ name of a nominee; J. To apportion or allocate between principal or income any and all receipts of money or other property paid or delivered to them, any and all capital gains and losses on estate assets, and any and all expenses, including taxes, incurred by them, which apportionment or allocation shall fully protect them with respect to any action taken or pay- ments made in reliance thereon; K. To satisfy any general legacy or any part thereof in kind; and in the division or distribution of my property or any part thereof, to make partition, division yr distribution of property in kind; and for any such purposes, to determine ~ the value of any such property, which determination shall j be conclusive and not subject to review; L. To collect and receive any and all sums and I M any and all property of whatsoever kind or nature due or owing I ~ or belonging to them in their fiduciary capacity, and to give full discharge and acquittance therefor; M. To pay premiums on all policies of insurance i I held by them and to elect any options or settlements or exercise any rights under such policies; N. Without duty to give or obtain consideration therefor, to join with my spouse or my spouse's estate in c the filing of any Federal income tax return for any year for E which I have not filed such return prior to my death, and l ~ to consent to an y my spouse as bein made half F y gifts made b g r by me for the purpose of the Federal gift tax law, even though i such action may result in additional liabilities for my estate; any income and gift taxes due on such returns, and any deficiencies, interest or penalties thereon shall be allocated between my estate and my spouse or my spouse's estate, or all to any of them, in such manner as my Personal Representatives, in s -5- X322 P~~2~32 a.,nrnnnu Aunu 1 nv..,nra 2 Pro any .~•n s....a ...n r.,....... • ns~ - -