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reason of any gift or transfer made by me prior to my death, or by
xeason of any insurance on my life or in any way included in my
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taxable estate. I direct be paid out of and in diminution of that
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portion designated as the residue of my estate and which is dis- ~
posed of under the provisions of Item V of this mY Will, and I
hereby charge that portion of my said estate with all such taxes,
and hereby extinguish any and all right to contribution from or }
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proration or apportionment among any person or persons receiving
any portion or part of my estate. ~ #
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III
If my wife, Trula Glenn Smith, survives me, I direct my
Executors to set aside a portion of my estate equal in value to
one-half of the value of my adjusted gross estate as finally deter- t
mined for Federal Estate Tax purposes, less the value of all interes~s
in property, if any, which pass to my wife under other items of i
this my will or pass otherwise than under this will, but such ~
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reduction shall be only to the extent that such interests are
included in m ross taxable estate for the purposes of the Federal
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Estate Tax law and allowed as a marital deduction. All values
shall be those finally determined for Federal Estate Tax purposes.
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I give, devise and bequeath the said portion of my estate
so set aside by my Executors to my wife, Trula Glenn Smith, to
be hers absolutely and in fee simple.
All assets distributed in satisfaction of this provision
of my Will shall be fairly representative of appreciation or
e depreciation in value at the time of distribution of all property
then available for distribution.
. --2-
~ BOOK323 Pa~E2(~25
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