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LAST WILL AND TESTAMENT OF PAUL G. ENNS - Page Three
My personal representative shall select and distri-
bute to the trustee the cash, securi.ties and other property,
including real estate and interests therein, which shall con-
s~itute the trust, employing for the purpose values current
at the time or times of distribution. No asset or proceeds
of ar~y asset shall be selected as to which a marital deduc-
tion is not allowable.
Unproductive property shall not be held as an asset of
the trust for more than a reasonable time during the lifetime
of my wife without her written consent. I intend that-this
trust shall qualify for the Federal estate tax marital deduc-
tion.
The trust shall be designed "TRUST A" and shall be
held and disposed of as follows:
A. Commencing with my death the Trustee shall
pay or apply all of the income from TRUST A in
convenient installn~ents, at least quarterly, to
or for the benefit of my wife during her lifetime. -
The Trustee may also pay to or for the benef it of my
wife such sums from principal as the Trustee deems
necessary or advisable from time to time for her
health, maintenance in reasonable comfort arid best
interests, considering her income from all sources
known to the trustee.
B. Upon the death of my wife, the principal and
any accrued undistributed income of TRUST A shall
., be held in trust hereunder or distributed to or in
trust for such appointee or appointees (includ-
ing ttie estate of my wife) , with such powers and in
such manner and proportions as she ~nay appoint by
her will making specific reference to this ap-
poiritment.
C. Upon the death of my wife, any part of the prin-
- cipal and accrued and undistributed income of TRUST A
not effectively appointed shall be added to TRUST B,
except that, unless my wife directs otherwise by her
~ • will, the Trustee shall first pay from principal of
TRUST A, directly or to my wife's personal repre-
sentative as the Trustee deems advisable, the amount
by which the estate and inheritance taxes assessed
by reason of the death of my wife shall be increased
as a result of the inclusion of TRUST A in her estate
for such tax purposes. The Trustee's selection of
assets to be sold to pay that amount, and the tax
effects thereof, shall not be subject to question by
. any beneficiary. -
Bti~K ~`t~ PaGE 1584
NEILL ORIFf~N JEFIRIES i LLOYD
CNARTEf7E0
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