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wife, an amount equal to the lesser of (a) the maximum
marital deduction allowable for federal estate tax purposes
and (b) the minimum amount which, after taking into account
all credits and deductions available to my estate for
federal estate purposes, and for generation-skipping tax
purposes, will result in no federal tax. In making the
computations necessary to determine the amount of this gift
and bequest the final determinations for federal estate tax
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purposes shall control. In the sole power and discret*io~ of
~he personal representative, the payment of this amount may
be made wholly or partly in cash or property as selected by
such personal representative; provided, however, that all
such property so selected shall be valued at the value
thereof as finally determined for federal estate tax purposes
in my estate; provided further, that in exercising this ~
power and discretion the personal representative shall first
allot to this gift and bequest the more liquid and salable
assets of my estate; and provided further, that in no event
shall there be included in this gift and bequest any asset
or the proceeds of any asset (a) which does not qualify for
the marital deduction for federal estate tax purposes, or
(b) with respect to which any estate or death taxes are paid
to any foreign country or any of its possessions or subdivisions,
or (c) with respect to which any tax credit or deduction
shall be availab~e because it shall be subject to both
federal estate and federal income tax. Notwithstanding
anything herein to the contrary, the personal representative,
in making distributions wholly or partly in property, in
order to implement this gift and bequest, shall distribute
to my wife assets, including cash, fairly representative, on
the date or dates of distribution, of appreciation or
depreciation in th~ value of all property available for
distribution in satisfaction of this gift and bequest.
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`'~' `35Q ~~~;E 592
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