Estate of Merle Allen Whiting, Jr., Deceased, Vicki Ann Whiting, Executrix - Page 4

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          correspondence with the draftsman of the trust or the will.                 
               On November 4, 1997, 22 days after executing the trust and             
          the will, decedent died.  He was 50 years old.  Mrs. Whiting                
          survived decedent.  She was 48 years old when decedent died.                
               The trust was initially funded with $10.  During the 22-day            
          period between the date the trust was executed and the date of              
          decedent’s death, substantial amounts of decedent’s real estate             
          holdings were transferred to the trust as trust corpus.  Upon               
          decedent’s death, life insurance proceeds also funded the trust.            
               B.   Terms of the Trust                                                
                    1.   Merle Allen Whiting, Jr., and Vicki Ann Whiting              
               Decedent and Mrs. Whiting were the grantors of the Merle               
          Allen Whiting, Jr., and Vicki Ann Whiting Trust.  While both                
          grantors were alive, the trust was revocable.                               
               Purpose.  The stated purpose of the trust was to create a              
          means “by which certain assets may be held for the benefit of the           
          Grantor and the Grantor’s loved ones * * * .  It is the Grantor’s           
          intent in creating this trust that the Grantor’s assets avoid               
          probate at the time of the Grantor’s death.  All provisions of              
          this trust shall be construed in such a manner as to best effect            
          these intentions.”                                                          
               Grantors’ Separate Trust Shares.  Upon receipt of property             
          in the trust, the trustee “shall establish an undivided separate            
          trust share for Merle Allen Whiting, Jr., equal to fifty percent            

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