- 4 -
Marian died in 1985, after which decedent moved into an
assisted living facility at Cokesbury Village. Decedent resided in
this facility until his death in 1995.
Robert retired from Thompson Roses in 1988 and moved to
Colorado. George retired in 1991.
Betsy and George1 had four children--George Clayton, Jr.
(“Clay”), William Joel (“Bill”), Phoebe, and Robert--and five
grandchildren. Robert had four children2-–Amy, Margaret, Theodore
Robert, and John–-and four grandchildren.
B. Decedent’s Finances
By a deed of trust dated January 16, 1969, decedent
established a revocable trust with the Meridian Trust Co.3 (the
1969 trust).
Decedent executed his will in 1979. The will, as subsequently
amended by four codicils, provided for, among other things,
specific bequests of $100,000 to Betsy and Robert, gifts in varying
amounts to his grandchildren, and gifts of $10,000 to each of his
great-grandchildren. The residue of decedent’s estate went into
the 1969 trust. In 1991, decedent executed a durable power of
1 George died in 1999.
2 Robert divorced in 1969 and remarried in 1995. His
children are from his first marriage.
3 The trustee was originally the National Bank and Trust
Co. of Kennett Square, which merged with, and became part of, the
American Bank and Trust Co. of Reading, which in turn merged with
and became Meridian Trust Co.
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