200206770 - Laserfiche WebLink

Browse

I 200206770 _y_ ' H. To divide or distribute property in kind of wholly or partly in kind, at such valuations as the Trustee considers fair, and tc sell property for the purpose of making division or distribution. I. To receive additional property fromany - person by will, give, additio. or otherwise. J. To pay all taxes and all reasonable costs, charges and expenses incurred in the administration of the trusts hereby created, including compensation to the Trustee and to its agent and counsel. K. To purchase property from, sell property to, or make secured or unsecured loans, to, or otherwise deal without restriction with the executors, trustees of other representatives of any trust or estate in which any beneficiary has any interest even though the trustee hereunder be such executor, trustee or - `representative, without liability for loss or depreciation resulting therefrom. L. To makepayments -of income and principal to beneficiary under legal disability or who, in the opinion of the trustee, is in any way incapacitated so as to be unable to manage' his or her financial affairs, by making the same directly to the beneficiary or to his or her legal representative or to a relative or friend of the beneficiary for his or her benefit; or the Trustee may otherwise apply any such .payment or payments for the beneficia in such manner as the Trustee shall deem for his or her best interests. M. To exercise with respect to the continuance,' management, sale or liquidation of any business or business < interest I own at the time of my death, all the powers which I myself could have exercised during my lifetime. N. To perform any and all acts the Trustee deems necessary or appropriate for the properiand advantageous .management, investment and distribution of any trust or share hereby created. X Lastly, I nominate,.. constitute and appoint my said son, .Robert H. Krohq,.to be Executor of this, my Last Will and Testament. ,My Executor, in the administration of my estate, shall have all the powers hereinbefore provided for my Trustee and I hereby specifically give to my Executors, full power and authority, without order or license of any court, to sell and 'dispose of any real or personal property belonging to my estate, at public or private sale at such times and upon such terms and in :such manner as to the Executors shall seem meet, and to give good and sufficient deeds for the conveyance of my said real estate, and bills of sale, transfers of title, endorsements, conttacts, or any other instruments necessary or convenient for the sale and transfer of any real or personal property, and to compound, 1 compromise, settle or otherwise adjust or dispose of any and all claims, charges, debts and demands against or in favor of ,my estate as fully as Icould do if living. IN WITNESS INHEREOF, I have hereunto sea my hand "and seal this 22nd day of May, 1969. � Testator t