Last Will And Testament Template Page 3
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11distributed to ________________________________________________, per
stirpes.
(Identify alternate beneficiaries)
Definitions
Definitions:
(1) All references in this Will to the “Trust” or the “trust estate,” unless
Otherwise specifically provided for in this Will, refer to each of the
separate Trusts provided for, respectively, and the trust estate of each
Trust.
Spendthrift Clause
No beneficiary of this Trust shall have any right to alienate,
encumber, or hypothecate his or her interest in the principal of income of
the Trust in any manner, nor shall any interest of any beneficiary be
subject to claims of his or her creditors or liable to attachment,
execution, or other process of law.
Distribution of Trust Assets by Executor
If, on termination of the administration of my estate, there has
been no distribution in trust to the Trustee and events have occurred
that would require the Trustee under the terms of this Will to distribute
all of the property immediately, my Executors shall perform all of the
acts necessary to complete that distribution and for that purpose shall
have all of the powers granted by this will to the Trustee.
SECTION III.
GENERAL ADMINISTRATIVE POWERS OF TRUSTEES
In order to carry out the purposes of each trust established by this
Will, the Trustee, in addition to all other powers and discretions granted
by this Will or by law, shall have the following powers, subject to any
limitations specified elsewhere in this Will:
Retention of Assets
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