|
, . . �
<br /> „ . ,
<br /> �K ,, . ,
<br /> ---- .... �
<br /> .�� _.
<br /> ..� - -- -- . ----
<br /> ,�„ _� �_ -- --�-
<br /> _ _
<br /> -
<br /> , ..
<br /> � ` . - :+k,;" ' 1.�,4�t�
<br /> l�da�esl ��t�ta tax anll wh�the� p+��id, f�ro� tha �:�.^ust esCate or "
<br /> � olh�rMis�� ot all ���ral and +►�wini�ttr��ion �xp�ns�s and ciaiw
<br /> � �:i.:..". ..::"� '�_.e..co,a r_!t J �'M±r rr�ntnr�±� Al��'.��4! �dIIC��.bl� t!l1daL" _
<br /> ''J � .,"�
<br /> l��atiA�t ZUS3 and 2054 of th� Int�rn+�l ]t�vtnue Coas.
<br /> (cs) ghsx� tlo. 1 shall b� �qua�l tu th� �rsctional share� e!
<br /> th� clitf4x�nC� so cw�put� which i� th� �ainisur� neceas�xy �o
<br /> �+��:►�rQ tha �3��n�r a� t:l) the �ximuw w��cital ds�Quation� allo+rable .
<br /> , �oc l�d�csa�l estat� ta�c purpos�a and (2) the wi,ni�au� r�a�rit�l �
<br /> d�d�e��on �►h�ch, efter takiag in�o account the unified czsclit �utd -
<br /> all oth�x credits mnd d��luc�tion� av��la�sla to the Grantor's
<br /> �r��ate !or L�d�ral �stat� �aA purpAS�s, viZl result in no L��ral -
<br /> �� •state taxesl p1Ct11iiusti� uOq1�r��� !�"there eh�ll ba includabie in
<br /> � „ the Granta�'� �atate tc�r fe��ral eatate t�x peirpos�s any iat�stiest '
<br /> � in prop�rty rhiCh' for f�ktal wstat� ,tax pucpo�ts, is �e� t�o
<br /> paa� t� the .cran�or'at �'ife ancler ths Grantar'g i�ast Mill and '
<br /> T�rt�nt or"oth�xvi� .th�r�by qualifying for th� �osritrl �rdnc-�
<br /> _ '� tiQn und:r the l�d�tr�li Bse�►te T�x Lax, � an �w�u�� �qual Co tb�
<br /> taubl� ��lu� pf such inter�s.x. sh�l�. b�, d��lucttd lr.oa' the a�tmt
<br /> --------.—�.�_...-.�-------- - - , .
<br /> ,.
<br /> - - � -- „ __.-. -_-- -_ -- '� -
<br /> noi� an.s�. wv. �.--- - _ -- -- _ -__-- . � -_: -
<br /> , , _ .
<br /> (d) Shar�r Mo. Z sh�ll be equal in awunt to titte �aal�nco vt :, .
<br /> tt�� trus� ostate reaaining ait�r deduc�ing tbe p�rt�ion �.;,�e .
<br /> ,,, ..
<br /> � ` tru�� eutate allocat�d ta Share 110. l. Zf t�e Graetor shoul�li�.�l� .
<br /> L'.-.
<br /> pnssessa� o! any ttrw�Q�ble int�rest �hic6 cinnot qwlity Lar tht :
<br /> � �arital deduction under the rederal Est�at� !ax La�+, wch int�x�a�
<br /> sha�ll b� allocatad an� distcitwted to Shar� lb. 2= aad 8lRasp. �o. � .
<br /> 1 sba�l bt r�uc�d to tb� �ir�enL that it caanot b� ac+�po�s� �
<br /> �w►li�ping ass�ts. ;�,, „ ' ;
<br /> � (�j Tho 'l�cu$t�s, in wki� a distributf,o,,� MhollY; ar .pwe�,�X. . ••
<br /> . •}�::.i ,r.;�.. � . �.. .. . - ��.�; �. - 1�,.}:f,. �1 „ _.
<br /> „t,�;i. , ��`-� in ps�op�rtr, .i(���risill actr, i�par�Yally rxtb��.�Q!i�,�i� �o th��..all,+okr,�±n,��'��a .,. . .
<br /> y; i5::', ,J��
<br /> ��' •�, ' ' O� �11� �xOSt.��li�'��5:71AQtYtRrl �1ir@ l�p' � xtd .�lY1C+�,ft}�� �y � . .
<br /> ',`'1`', .. ��,,
<br /> :s:,� shwl� +�ke all;distxibutior}a �ot th� assets of. tDe tre�st eatate t4 ':t��,;'��
<br /> ;�.,.
<br /> .: . Shsrs Na�. 1, and Shar� No. 2 in a reannes tih�,;�� �s s-epns�entsl�f�
<br /> , �.,. , •.�� �
<br /> ":;; o� both appreciatio�i�;•Qr deprec'iation in the value af tbe t�rust
<br /> ,ti ,.
<br /> '�;�;`~ ��tate, a� �a whflle, ��ti�wn the date or �tes o� dists�bution.
<br /> ;t�' �
<br /> �:�:;i'•: .
<br /> ' � B. �A�kr'f�Ut1►5 �• ttie Grantor aie�hea ta awend �Paragcaph
<br /> TMSNTY—SSC�1pb'.t�t��:X��?i��:',:.�aereaf ter,�r��s fall�w�s �` ,
<br /> . •.�•,.' . •• . `'
<br /> .. �r.' ,. . . • .
<br /> ',1 .
<br /> , . ` •
<br /> Z
<br />
|