Loading...
HomeMy WebLinkAbout2483 I 1 . ' 1 1 . B. To the extent that the assets of the Grantor's - estate (oCher than real estate, tangible personal property and other property which, in the sole judgment of the Trustee, do not have a readily realizable market value) are insufficient, the Trustee is further authorized to pay the Grantor's funeral and burial expenses, legally enforceable claims against the Grantor or his estate, reasonable expenses of administration of his est~te, any alloc~~ances by court order for those dependent upon him, and all inheritance, estate and succession taxes payable by ~ reason of the Grantor's death, together with any interest thereon i ; or other additions thereto, without reimbursement from the e Grantor's Executor or Administ~rator, from any benef iciary of e f insurance upon the Grantor's life, or from any other person; provided, however, no such payments shall be made from assets ~ which are not included in Grantor's estate for federal estate tax ~ purposes;provided finally, that in the event any United States ~ Treasury Bonds redeemable at par value in payment of the federal ~ ~ estate tax comprise part of the trust estate hereunder, such ~ Bonds shall be applied toward the payznent of said federal estaCe tax as directed in ARTICLE IX C set Lorth below, anything con- tained in this Agreement or in Grantor's Will to the contrary ~ ~ notwithstanding. The Trustee may make such paytnents directly or s ~ ~ ~ may pay over the amounts thereof to the Executor or Administrator ~ of the Grantor's estate. Written statements by the Executor or ~ Administrator of the sums to be paid hereunder shall be suffi- ~ cient evidence of their amount and propriety for the protection ~ eoac ~ ~ -21- ~ _ ~ _ ~~~~.~t ~