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202502411 <br />whatsoever (including any interest and penalties thereon), which may be payable by <br />reason of my death, whether or not with respect to property passing under this will, and <br />including jointly owned property and life insurance, shall be paid out of the principal <br />of my residuary estate. This provision shall not apply to generation -skipping transfer <br />taxes. <br />ARTICLE VII. <br />BENEFICIARIES UNDER TWENTY-FIVE OR DISABLED <br />If any beneficiary of my residuary trust becomes entitled to an outright distribution <br />of income or principal and is (i) under the age of twenty-five or (ii) in the opinion of my <br />Trustee, disabled by illness or other cause and unable to properly manage the funds: <br />A. As much of such principal and income therefrom as my Trustee may from <br />time to time think desirable for that beneficiary either shall be paid to him or her or shall <br />be applied for his or her benefit; and <br />B. The balance of such income and principal - and the net income from those <br />funds - shall be kept invested and managed as a separate trust for that beneficiary, with <br />the trust funds paid to or for the beneficiary in accordance with the provisions of the <br />preceding paragraph. Funds to be applied under this article either shall be applied <br />directly by my Trustee or shall be paid to a parent or guardian of the beneficiary or to <br />any person or organization taking care of the beneficiary. When the beneficiary reaches <br />the age of twenty-five or, in the opinion of my Trustee, becomes free of disability, as the <br />5 <br />