HomeMy WebLinkAbout0998 J
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. i liv~nq who is uad~r th~ age ot trsuty-thr~s (2~) y~ar~, t1~ Tru~tN ~
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' ~ . shall divid~ thi~ Trust •s thsia aonitl.tut~d into rqwl s~par~ta
~ shares ~o ai to provid~ on~ (13 shar~ for a~cb t~ livinQ ahild
~ o~ nin~ aad o~ (1) shar~ !or ~aah d~o~as~d ahi10 ot airu w1~o
f ~hall l~av~ i~~u~ thtn livinq. Eaoh ~har~ a?ull b~ Qislsibut~d
~ or retain~d in trust a~ h~r~inatt~r provid~d. , •
. Att~r. divi~ion into •har~• pusswu?t to 8atsyraph . ~
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(3), all the n~t inoo~a frow sach ~har~ so provid~d tor a.livinq '
ahild ot nia~ shsll b~ paid ia ~oawai~at installa~nts to os
~ applisd !or ths ben~iit ol,snch abil~i nutii oo~pl~t~ distri.buLion
ot •uch shar~ ai h~r~ia providad. In additioA to in~, ~y ~
~ Trnstee may pay to or apply for th~ ba~elit ot such chil~ sua~ ~
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aum~ fro$ the principsl c! hia or h~r shara a~ ia ib sol~ di~cre-
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tion ahali be aacsssary or de~irabla fraa tisa to tis~ Lor hi.a
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, or hsr a~edical c~re, ooatortabla aisintsnanoe, education and support
~ tsking into con~gdsration to tke axtaat ay Trustss de~w advisabls,
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any other income ar resowrcea o! such child krsovn.to ty Truste~.
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! ~i 5. ~?ftar divlsiot? into shares pursuant to'Psraqraph
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~ (3) , the Truatee shall distri.buta to auct? r.hild th~ un~istributed •
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s? balance ot his or her share~ ia a~~b or in kiad, ugon writtan
reguast by said child.
~ 6. Attsr division into shar~t pur~uant to Parayraph .
t3~, upon the death oi a child o! a~iaa prior to cowpl~t~ distri- ~
~ If bution ot his or h~r shaan, th~ uadistribut~d balanaa oi suah
t~ ,
' child's •hars shall bs distribut~d p~r ~tirps~ to hi~ os 1ur ~
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~ then livinq isrue. or in d~lault o! such issua, psr stirpes to '
~ } ~ hen livin is~ue. _ ~ ~
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Providad, baw~v~r,-that it any portion o! such share
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~ + ~ xould otherwias bs di~tribut.~d to a Qarsoa !or r?hoss bsn~fit ~ F- .
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~ ~ ~ a truat is then b~irW a8~inistsr~d und~r this Truat, that part 'e.
~ ; ~Y iY
~ ~ •hall instead bs ~?dclsd ta- t~~ sLars ~and~ rhall- thersatt~r ti~
~ i! ~ a~mini~t~rad ~ad di~tribnted ~?ovordi~aq~to~its t~rss~ixc~pt th~t
~ ~i if such part la addt~ to-a ~hars Mhiah hu alrsady had ~ parti~l
distributioa, th~n-tt~ lraction oi th~ last distributioa ~hali ;
~ ~ ~ ~62 p~ 9~
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