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HomeMy WebLinkAbout0623 i 80 4C'7 discretion of the Trustee until her death. In the event of her death, or in the event of her election to take an elective share, then the remaining assets of said residuary trust estate shall continue to be held in trust and administered for the benefit 3 of the beneficiaries as specified in Article VII of this Will until the termination of this trust. In the event my wife i accepts the provisions of this Will, then I desire that she shall i . 1 have all the income from this residuary trust during her lifetime. If, in the opinion of the Trustee, the income from said residuary trust is insufficient to support and maintain my said r wife in her customary manner of living, then the Trustee may encroach upon the corpus of the residuary trust assets to any extent he may deem necessary for such purpose. ARTICLE VII 1 In the event of the death of my wife, HELEN POLITIS, this residuary trust shall terminate, and division of the remaining portion of the residuary trust assets shall then be made to-the ; beneficiaries in the manner set forth in this Paragraph of my II Will. It is my will and desire that my daughter, JULIA ECONOMYS, shall receive the entire residuary trust as hers absolutely. My t f daughter's lineal descendants, if my daughter shall be deceased I at the termination of this residuary trust, shall be entitled ~ to my deceased child's share, per stirpes. l In the event that my daughter and her lineal descendants shall be deceased at the time of my death, then this trust shall not arise, and all the residuary trust assets shall belong to my wife, if she is-then living, absolutely in fee simple. But if she fails to survive me, then all the residuary trust assets shall belong to my son-in-law, ANTHONY ECONOMYS, absolutely in fee simple. ARTICLE VIII , In the event of the illness of my wife, HELEN POLITIS, or my ~ ~ ~ 1~ -r~%~ i ~ L~iri~t~ oo t s~ Page Five t~ - - - - ~j