HomeMy WebLinkAbout0960 - Last Mill and Teatauaent o!
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accountant. The attorney or certified public accountinq serving
as co-truetee ahell be primarily responsible for the recordkeep-
inq of the trust. Any checks paid to my wife need be siqned by
two of the trustees. Checks to any other entity, source or
aqency shall be siqned by all four trustees..
4. Barrinq an emerqency, it is my intention and direction
that the bonds shall not be sold, nar the principal of the trust
disturbed. My trustees, by majority determination, shall in the
event of an emergency have the power to utilize any of the assets
of the trust, including the principal, for the benefit of my
wife.
. 5. Opon my wife's death, the trust shall be terminated and ~
~ the assets of the trust sha~l be distributed in equal shares to
each of my three children. In the event any child fails to
survive-to teirmination of the trust, that child's share shall be
distributed to that child's children in equal shares who ~are
living at the time of termination of the trust.
6. In the event any of my children fail to serve or are not .
able to continue serving, that child shall be replaced as co-
trustee by the oldest son of that'child living at that time.
~ 7. It is my intention that this shall not qualify for the
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marital deduction, and shall be offset against the Unified Credit
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~ in effect at the time of my death.
SEVENTH:. Subject to the restrictions artd requirements of
Paragraph SIXTii and al.l sub-paragraphs thereof, my trustees ahall
€ have the followinq powersa
(a) To hol.d, improve, barqain, sell, exchange, rent,
2ease, mortqage, convey and transfer any part or all of any real ~
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~ or personal property of the trust, without the approval of the
~ beneficiaries, or of any court therefor obtained, and without
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~ necessity of any person dealinq with the trustees to inquire ae~
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to the purpoae or expediency of their acta, or to see to the
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