Loading...
HomeMy WebLinkAbout1914 - ~ • , 80 ~4 the trust, and the life tenant or her mother er a duly appointed guardian, if any, or the remaindermen, shall have the full~~power to settle finally any such account and to release the fiduciaries or ~ . fiduciary iti such respective ca~:acities from all liability, respons- - - ~ ibility or accountability from acts or omissions as such for the. - - ; , period of such account. Such settlement and r-elease shall be bind- ing upon the life tenant, remaindermen and other interested parties, whether- or .not under any legal disability, and shall have the force and effect of a final decree, judgment or order of a court of com-, petent jurisdiction rendered in an appropriate. action or proceeding- for an accounting in,whi~,h jurisdiction was had and obtained of all - ~ i - necessary parties.- This provisions shall not,- however, preclude ° the Executors or Executor or the Trustee from having ain account judicially settled, if the said fiduciaries or-fiduciary shall so . desire. - _ - _ - - _ 't EIGHTH: I have purposely made no provision ~in this instrument for any benefit to my wife Elizabeth~D: Heile, she having been a signatory to the certain property settlement agreement. between-me . and her-dated January 26, 1971. It is the;_intent and purpose of~the trust hereinabove created for the benefit~of our daughter, Elizabeth M. Heile, that the latter shall have.~th~e full benefit, during her_ life, of my estate and as the said trustee-Shall in its judgment ! and sole discretion determine from all fact an s d circumstances, as shall occur from time to -time, to ~be in the best interests of my said daughter as supplemental to any and all other funds aind re- sponsibilities of another or others for support, maintenance, care _t and welfare of my~said daughter.. The Trustee is authorized to ~ f accumulate any .income which, in its discretion, shall rot currently s be appropriately~paid.out. - ~ , NINTH: In the event that my said daughter's mother shall ~ _ ~ - ~ ~ 3- - • - - 800~It~~, PaGE1~1. _