Estate of Hon Hing Fung, Deceased, Bernard Fung, Executor - Page 6




                                        - 6 -                                         
               call in and convert the same into money with power to                  
               postpone such sale calling in and conversion for so                    
               long as they shall in their absolute discretion think                  
               fit without being liable for loss.                                     
               8.   My trustees shall out of the monies to arise from                 
               the sale calling in and conversion of or forming part                  
               of my estate pay all my just debts funeral and                         
               testamentary expenses and legacies and all estate duty                 
               payable in respect of my estate * * *                                  
               9.   Subject to the payment of all my just debts,                      
               funeral and testamentary expenses, my trustees shall                   
               hold my residuary estate property and effects of                       
               whatsoever nature or kind and wheresoever situate upon                 
               trust for the following beneficiaries who shall survive                
               me for a period of 30 days in manner hereinafter                       
               following:-                                                            
                    (a) As to THREE (3) equal shares or parts thereof                 
                         to my wife the said FUNG WONG TUEN WAN * * *                 
                         for her own use and benefit absolutely.                      
                    (b) As to ONE (1) equal share or part thereof to                  
                         my son MICHAEL K.L. FUNG * * * for his own                   
                         use and benefit absolutely.                                  
                    (c) As to ONE (1) equal share or part thereof to                  
                         my son the said ANTHONY K.T. FUNG * * * for                  
                         his own use and benefit absolutely.                          
                    (d) As to ONE (1) equal share or part thereof to                  
                         my son the said BERNARD K.K. FUNG * * * for                  
                         his own use and benefit absolutely.                          
                    (e) As to ONE (1) equal share or part thereof to                  
                         my son the said JOHN K.K. FUNG * * * for his                 
                         own use and benefit absolutely.                              
                    (f) As to ONE (1) equal share or part thereof to                  
                         my son the said EDMOND K.H. FUNG * * * for                   
                         his own use and benefit absolutely.                          
               Decedent’s residuary estate included certain property                  
          located in Hong Kong as well as the aforementioned Monte Vista              
          and Calle Victoria parcels in California.                                   





Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011