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HomeMy WebLinkAbout0211 ~ - O~ e1~~ SEVENTH: All the remainder of-the .property I have the right to dispose of -at death by Will, including property as to which effective disposition is not made in this Will, is defined as my "residuary estate." I do not intend to exercise any powers of appointment in this paragraph, and as stated above, my residuary estate shall not consist-of any assets derived from the estate of my mother, ZONA SALSMAN. My residuary. estate shall be divided into five (5) equal shares and distributed as follows: A. I give an amount-of money equivalent to twenty percent (209',) of my residuary estate to each of the following individuals,- per stirpes: my wife, LOUISE NETHERY; my daughter, ZONA ELIZABETH BOND; my daughter, IRENE EVELYN DUNSHEE; and my son, ROBERT W. NETHERY. B. I-further give an amount of money equivalent to twenty percent (20%) of my residuary estate to my trustee nominated below for the use and benefit of my wife's children, DESTINY NETHERY, RANDY NETHERY, ANDY NETHERY,-and. ANN CAREEN, until the youngest thereof is twenty-dive (25) years of age. The trustee. is authorized to pay and distribute to such living children-and descendants, or apply for their benefit, so much of the principal of the trust as the trustee, in his discretion, deems advisable for their health, ! maintenance, support and complete education, including preparatory, college, postgraduate, or professional training. In making discretionary payments under this trust, my trustee shall consider the assets and income otherwise available to such beneficiary from all other sources known to the trustees the nature of the assets ~ of the trust, the size of the-trust, and the future requirements of such beneficiary.and the other-beneficiaries thereof. The trustee shall be under no duty to equalize disbursements of princi- - _ pal as herein authorized, nor shall any such disbursements of principal be charged against the share herein provided for said beneficiaries and their descendants. - ~ ` - Page 4- of 11 Page Will ~~AA,~~ ~ B0~ c)`~.1. PACE 21i _ - _ - .J~ _ r