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the boards of directors of Modern Globe and Pohatcong
Investors. However, decedent continued as coexecutor of
her husband's estate until her death.
From 1967 through 1977, decedent received no income or
benefits from Mr. de St. Aubin's estate apart from the use
of the car and driver. There is no indication that the
estate paid any income to her between 1977 and her date of
death. However, Modern Globe and Modern Globe Sales, Inc.,
made interest-free loans to decedent. Decedent generally
repaid these loans monthly or annually.
The executors of Mr. de St. Aubin's estate, decedent
and her son, failed to fully fund the marital trust during
decedent's lifetime. During her lifetime, the following
distributions were made to the marital and residuary
trusts:
Date of Marital Residuary
Distribution Trust Trust
10/05/79 -- 230 shares
Pohatcong Investors
10/29/79 $70,000 $100
10/01/80 -- 115 shares
Pohatcong Investors
10/30/80 23,000 --
10/01/81 -- 82 shares
Pohatcong Investors
10/23/81 64,500 --
10/04/82 110 shares 110 shares
Pohatcong Investors Pohatcong Investors
10/26/82 92,500 --
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