HomeMy WebLinkAbout1845
surviving T-rustee shall continue to hold such 'I'rust share as a sepa.rate
trust utitil he or she attains such acre_ P,urincr stic~h timP_ mv Tt+~1CtA~
shall distribute to or for the benefit of such beneficiary so much af the
income and principal of such beneficiary's separate trust as the Tru:~tee,
in her ubsolute discretion, shall deem necessary or desirahle to provide
for the proper health, education, maintenance and support of su~~i bene-
ficiary. If any beneficiary ~ies prior to reaching twenty one (21) years
Gi a~C~ ~rC-R ~'iZ:~ vI' iicT' s~Narat~ ~I"_',.:~~ 3~''i~1 ~E dis`riu+.zteu ~Uy I?"~y `~,x?~1: ~~~
to his or her estate.
ARTICLE V - ~ENERAL PROV~IONS
`~'he following provisions shall apply to any and all trusts ::r~ated
under this Will, unless herein provide~ other<<rise:
~. Payment to .or for Incomgetents or I4~inors. Ify 'I'r~.~stees may
make c~istributions for tr.e benefit of any a~ult ~eneficiary hereunder direct
ly to that beneficiary ar to his or her legal guardian if h,e or she shoulci
be incompeten~ or in dire~t pa.yment af his or her expenses of the types
tha± the Trustees are authorize~ hereb~ to meet. P~lly Trustees ma1~ make j
payments for the benefit of any m~inor beneficiary to his or her nattiral
guardian ar to :ny otr~er person having ~are or custody of such rr:inor,
or in dire~t pa;y~ment of his or her expenses of ±he type my Tr~:stees are
au~hor-zed hereby to meet. Tr~e ~ rustees ~hall no± bc obligated to see
to the applicat~on of fluia~ so aisb~lrsed, a.na the re~eipt of tne payee
shalZ fully protect tr~e `~'rustee~ if they exercise due care ~n ~elec.ting the
person pai~.
~. ilotice ~o irustees of Status of ~eneficiaries. ~'Jntz~ the
Tru:~tees shall receive written notice of any birth, marriage, death or
other event upon which the rignt to distrib~ztion ~f tY~ie in^ome or priri:~i-
pal c,f any ±rust may deper~d, the Trustees .~hall incur no liability for
di~tribution.; macie in good faith ±o persor_s whose interests r:zay have been
affected by that event
ji ,i%i, _ '
,~r~~~ ~0~~ Wil iarn R. Kau~man
g','~k . + i''-'~E
-6 -
_ .~Ft-E:.. _ . ._.~ ;Y+*ERcG•. ft'-RC::~Ti . P C GRA\'iER A_.-. ~Tf)Af7T FL~^k ~. .~ : . .