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including any property over which I may have the power of appoint-
ment, to my da~ighters, LAURA LEE NASH and CAROL LYNN JAMES, in
equal shares, per stirpes.
FOURTH: Notwithstanding any other provisions of this will, z
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if any beneficiary herein has not attained the age of thirty (30)
3
years, then the gift to that beneficiary shall pass to my Trustees,
hereinafter named, subject to the following conditions and purposes: #
A. The Trustees shall hold the gift for each person as an
undivided share for his or her benefit in this Trust for Children,
which share shall be the proportion that the value of the gift
bears to the-value of the entire principal of the trust at the
time of the gift, including the value of the gift. Shares of
beneficiaries shall be adjusted from .time to time for invasions
and distributions of principal and additions to principal of
undistributed income. If a share exists in this trust for a bene-
ficiary for whom a distribution is to be made to this trust, the
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distribution shall be added to the existing share in this trust
for the beneficiary in order that there will be only one share
under this item for the same beneficiary.
B. The Trustees shall manage the trust fund and pay to each
beneficiary in accordance with his or her proportionate share,
j the net income of the trust on a regular basis and may apply so
` much of each beneficiary's share of the principal of the trust as
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in the Trustees' discretion shall be necessary or desirable for
the education of the beneficiary and those persons living with
or dependant upon him or her and for their maintenance and good
h and reasonable comfort takin into consideration the
healt . g i
~ accustomed standard of living of the beneficiary. That discretion
shall be exercised after taking into consideration all other income
and cash resources known to the Trustees that are available to the
beneficiary for such purposes without borrowing or making sales of
property. An invasion of a beneficiary's share of principal may be
made even though it results in the termination of his or her share
in the trust. A beneficiary's share of undistributed income shall
be added to the principal of the beneficiary's share in the trust.
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