HomeMy WebLinkAbout2015 •
80 1G7
responsibilities described below to be exercised in their absolute
(.i15~:LCl,iV1l•
A. With regard to both real and personal property, for the
purpose of obtaining funds for payment of taxes, claims and costs
of. administration, payment of bequests and making distributions,
conversion into cash, management of the property and for every
other proper purpose, they may acquire, retain, invest, reinvest,
exchange, lease, sell, borrow, mortgage, pledge, transfer and
convey in such manner and on such terms without limit as to time
as they may deem advisable, even for terms beyond the expected
administration of my estate, and no purchaser or lender shall be
held liable to see to the propriety of the transaction, nor to the
application of the proceeds.
B. To pay-all or any portion of administration expenses,
debts and taxes out of income or principal and to accumulate the
income of the estate-for this purpose. Unless otherwise provided
by this instrument, the amounts paid from income shall be charged
against income, and those payments shall require no reimbursement
j ` or adjustment of the accounts of the estate or of the shares that ~
the beneficiaries shall be entitled to receive in income or
principal.
C. To pay expenses that are reasonable in the judgment of
the personal representatives for the delivery of gifts.
D. To~pay any pledge or charity made by me in writing, if
in the judgment of the personal representatives, I would want the
pledge paid.
E. The distribution of a gift to a person who is a minor at
the time of distribution shall be made to the custodian for the
minor under the Florida Gifts to Minors Act. If there is none,
the custodians shall be appointed by the personal representative,
and any party serving as personal representative may be appointed
as .custodian.
- 4- ~+K
8328 P~~E2014
WARNER. FOX A fEELEY, CNARTEREO, ATTORHtYf AT LAW, •TUART, FLORIDA