- 9 - devise and bequeath, absolutely and in fee simple, unto my children, TIMOTHY R. TEHAN, ANN M. SANNER, PATRICK G. TEHAN, EILEEN T. TEHAN, DANIEL J. TEHAN, ERIN M. BOCCIA, MAUREEN R. TEHAN and WILLIAM T. TEHAN, in equal shares, per stirpes. ITEM IV My Personal Representative shall have the powers and duties accorded to Personal Representatives under the Estates and Trusts Article of the Annotated Code of Maryland, Section 7-401, and any amendments thereto. In addition, and not by way of limitation of any such powers, my Personal Representative is authorized and empowered at any time, and from time to time, in his absolute discretion: (1) to hold and retain all or any portion of property received from my estate or from any other source, without regard to any law or will of court concerning diversification, risk or non-produc- tivity; (2) to invest and reinvest (or leave tempo- rarily uninvested) any funds or any other property, of any kind or nature, without regard to any law or rule of court prescribing investment obligation of fiducia- ries; (3) to sell, exchange, partition or otherwise to deal with property, real or personal, at public or private sale, for such purposes and upon such terms as my Personal Representative may deem appropriate; (4) to borrow money and to secure payment of any amount so borrowed by mortgage of any real or personal property; (5) to divide and distribute any property hereunder, in kind or in money, or in part kind and part money. ITEM V I do hereby nominate, constitute and appoint my son, TIMOTHY R. TEHAN, Personal Representative of this, my Last Will and Testament. If my said son shall fail to qualify or cease to act, I appoint my son, PATRICK G. TEHAN, as Personal Representative in his place and stead. I direct that my Personal Representative not be required to file a bond or enter other security in any jurisdiction for the faithful performance of his du- ties. On May 17, 1999, decedent died while a resident and domicil-Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011