- 14 - Oral argument was presented by all parties present and all parties then submitted the matter for the Court's determination. Based upon the written pleadings and oral argument, the Court finds as follows: (1) All notices of the hearing have been given as required by law. The Court Orders: (1) That Article FIFTH (b) of decedent's Will is modified as follows: "(b) During the lifetime of my wife, LAURA B. RAPP, the Trustee or co-Trustees shall pay the net income from the corpus of the trust annually or at more frequent intervals to or for the benefit of LAURA B. RAPP, during her lifetime. In addition to the net income, the Trustee or co-Trustees shall pay as much of the principal from the Trust to or for the benefit of my wife as shall be needed to provide for the reasonable health, education and support of my wife during her life- time. Any income accrued or held undistributed at the time of my wife's death shall be distributed to her estate." (2) that the following is added as Subsection (i) to Article FIFTH: "(i) I authorize my executor to elect to treat the trust created under this Article FIFTH, or any portion there-Page: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
Last modified: May 25, 2011