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death, the remaining E.E. Stone, III/Allene
W. Stone estate after estate taxes would be
distributed equally to the four children or
that Child’s designated beneficiaries.
C. FAMILY SETTLEMENT AGREEMENT
The Children and Grandchildren (or their
guardians ad litem) and the Stone Foundation
(if necessary) shall execute a Family Settle-
ment Agreement (pursuant to S.C. Code � 62-3-
1101 et seq.) which provides for a division
inter se [sic], in the manner set forth in *
* * [other parts of this agreement] in the
event E.E. Stone, III, or Allene W. Stone
fail to change or maintain their Wills in the
same manner.
* * * * * * *
F. POWERS OF ATTORNEY
All existing powers of attorney for E.E.
Stone, III and Allene W. Stone will be re-
voked and new, limited, permanent powers of
attorney executed that have been pre-approved
by all four children to provide management of
parents’ monthly cash needs, management of
the maintenance of houses, cars, health care,
etc., of both parents. All accounts relative
to the parents will be audited by the Trust-
ees’ accounting firm.
* * * * * * *
H. ARBITRATION
The Children shall use their best efforts to
agree on the allocation of the property of the
estate of E.E. Stone, III and Allene W. Stone.
It is agreed that Rivers Stone shall receive
Piney Mountain from the estate of E.E. Stone,
III and Allene W. Stone provided, however,
Rivers Stone shall not be entitled to receive
more than one-fourth of the total value of
the net estates after estate taxes.
It is further agreed that Mary Fraser shall
receive one-half (�) of the Cedar Mountain
property from the estate of E.E. Stone, III
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