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6. The excess GST exemption amount shall
equal the amount by which my unused GST exemption (as
that term is used in �2631 of the Internal Revenue
Code) available at the time of my death exceeds the
value of the property disposed of under Articles SECOND
and THIRD (A) above of this, my Last Will and
Testament.
7. I direct my Executor to make the special
election under �2652(a) of the Internal Revenue Code
with respect to this trust so that I shall be treated
as the transferor of such trust for GST tax purposes.
C. All of the rest, residue and remainder of my
estate, real, personal and mixed, of whatever nature
and wherever situate, which I may own or have the right
to dispose of at the time of my death (hereinafter
referred to as “my residuary estate”), I give, devise
and bequeath to my Trustee hereinafter named, IN TRUST
(hereinafter referred to as “the residuary trust”) for
the following uses and purposes:
1. My Trustee shall invest and reinvest the
same and shall collect and receive the income thereof
and, after deducting the necessary and proper expenses
therewith, shall pay over said net income to my said
wife, JOSEPHINE R. ARONSON, in monthly, quarterly, or
other convenient periodic payments of nearly equal
amounts as possible during her lifetime, provided,
however, that in no event shall such payments be made
less frequently than semi-annually.
2. I hereby authorize my Trustee to withdraw
from the principal of this trust and pay over to my
said wife, JOSEPHINE R. ARONSON, or for her benefit,
such amount or amounts as, in the sole discretion of my
Trustee, may be deemed necessary or desirable for
medical, surgical, hospital, nursing or other expenses
relating to illness of, accident to or emergency
affecting my said wife, or as may be determined
necessary, desirable for her maintenance and support.
3. In the event that the principal of this
trust contains unproductive property not likely to
produce income during her lifetime, my said wife,
JOSEPHINE R. ARONSON, shall have the power to require
the Trustee either to make such property productive or
to convert it within a reasonable time to income
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