- 56 - estate. (d) I give, devise and bequeath any interest that I may own at the time of my death in the E.E. STONE, IV LIMITED PARTNERSHIP, or its successor, to my son, E.E. STONE, IV, if he survives me, to be his absolutely, but if he does not survive me, to my said son’s estate. (e) I give, devise and bequeath any interest that I may own at the time of my death in the MARY STONE FRASER LIMITED PARTNERSHIP, or its successor, to my daughter, MARY S. FRASER, if she survives me, to be hers absolutely, but if she does not survive me, to my said daughter’s estate. (f) I give, devise and bequeath any interest that I may own at the time of my death in the ROSALIE STONE MORRIS LIMITED PARTNERSHIP, or its successor, to my daughter, ROSALIE S. MORRIS, if she survives me, to be hers absolutely, but if she does not survive me, to my said daughter’s estate. * * * * * * * (5) Allene Wyman Stone Trust. THE ALLENE WYMAN STONE TRUST shall be held, managed, invested and rein- vested, administered and distributed upon the following terms and conditions and for the following uses and purposes: (a) If my wife * * * survives me, then * * * my Trustee shall pay all of the net income from this trust, at least quarterly, to or for the benefit of my wife * * * for and during the term of her life. * * * (b) Upon the death of my wife * * * the remaining principal of this trust shall be distributed to my children. * * * (c) My Personal Representative shall, in its discretion, determine whether to elect under Section 2056(b)(7) of the Internal Revenue Code * * * to qualify any specific portion or all of this trust for the estate tax marital deduction. * * * * * * * * * *Page: Previous 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Next
Last modified: May 25, 2011