- 46 - available to the parents (“Parental Assets”) for such maintenance in the same or better manner as in recent years. * * * * * * Mary Stone Fraser shall be dele- gated responsibility for the management of the care for Allene W. Stone, supported by others. Allene W. Stone may be moved with Mary Fraser, including to the residence of E.E. Stone, III if he is ever incapacitated and unable to occupy the residence * * *. The 1997 amended and restated plan for settlement--trusts and estate further provided in part as follows: IV. IMPLEMENTATION AND JURISDICTION * * * * * * * B. CONTINUING JURISDICTION The Probate Court * * * shall maintain continuing jurisdiction to resolve any Trust- related disputes which shall arise during the implementation and enforcement of this set- tlement agreement. The parties will seek to have a hearing on the Amended Plan as soon as practicable after its execution. Neither Mr. and Ms. Stone nor the children anticipated that their parents would need any financial assistance during their parents’ respective lives. As discussed above, after consulting with their accountants, Mr. Stone and Ms. Stone retained, and did not transfer to the Five Partnerships, total assets that they believed would enable them to maintain their respective accus- tomed standards of living. Nonetheless, the parties in the litigation among the children included paragraphs H and L of section III in the 1997 amended and restated plan for settlement- -trusts and estate in order to address and resolve the possibil-Page: Previous 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 Next
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