HomeMy WebLinkAbout0918 ~
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fthe Trustee is suthorized to pay to or use and expend for the
i~benefit of the Grantor's spouse so much of the principal of the
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~~MARITAL TRUST, even to the exhaustion thereof, as in the sole and
~}uncontrolled discretion of the Trustee may be deemed necessary
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~~for such purposes.
C. Disposition of Balance of MARITAL TRUST.
Upon the death of the Granto~'s spouse, the Trustee
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E~shall distribute from this Trust to the fiduciary of the
;~Grantor's spouses Estate an amount equal to all State Inheritance
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±iT~x and, upon request, an amount equal to the Federal estate tax,
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;~attributable to the inclusion of this Trust in the Grantor's
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;;spouses taxable Estate and the balance shall be added to and ~
3;administered under the provisions of paragraph SIXTH as part of
•!~the principal of the RESIDUARY TRUST. ~
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` ~ ~ SIXTH
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RESIDUARY TRUST
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All property allocated to the Trustee of the RESIDUARY
~ ?~TRUST shall be held and administered as follows:
A. The Trustee shall pay to or expend for the
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~~benefit of the Grantor's spouse and children, all or a portion of
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:~the net income from the RESIDUARY TRUST, in quarterly or more
;'frequent installments as in the sole and absolute discretion of ~
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i ';the Trustee shall deem necessary for their suitable support, ,
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i;maintenance and education.
~ B. If, in the opinion of the Trustee, the funds
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available and known to~the Trustee, shall not be sufficient to
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suitably support and maintain the Grantor's spouse and children
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