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COM 0742.000 2020-2022
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COM 0742.000 2020-2022
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Last modified
7/29/2022 9:16:17 AM
Creation date
4/18/2022 9:08:23 AM
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Communications
Communications - Type
COM
Communications - Council Term
2020-2022
Communication
0742
Point
000
Author
Lee E. Lord, Managing Director for Mitchell D. Roth, Mayor
Communications - Referred To
PC
Document Relationships
AGE COUNCIL 2022-05-18 2020-2022
(Related To)
Path:
\Council Records\Agendas\2020-2022\Council
AGE COUNCIL 2022-06-01 2020-2022
(Related To)
Path:
\Council Records\Agendas\2020-2022\Council
AGE PC 2022/05/03 (2020-2022)
(Related)
Path:
\Council Records\Agendas\2020-2022\Planning Committee (PC)
BIL 157 Draft 01 2020-2022
(Related)
Path:
\Council Records\Bills\2020-2022
REP PC 064 2022/05/03 (2020-2022)
(Related To)
Path:
\Council Records\Reports\2020-2022\Planning Committee (PC)
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• • <br /> distributions shall be completed before distributions ace made under Parazraph7..3,b <br /> below, <br /> 7.3.b. All the rest. residue and remainder or hi aunt assets shall be <br /> separated into two equal shares as follows: dRy perc(nit (30 ) to be held in trust for <br /> Seniors daughter. RENA V RUT!I STOLTZ. per;,..;tirpcs, cvilich trust shall be designated <br /> the RENAY RI. TM STOLTZ'Frost and fifty perecta shall be held in trust rot' <br /> Settlor's son, SIIANE JACOB HE:'..4ER, AU': hrdeignated the <br /> SHANE':JACOB 1-117:STCR Trust, Distribution r tht,: e irw:ts shad only be made after the <br /> Trustee has distributed the property :As describd in Pa2a,„.9„rapli 7,3,a above, <br /> 73.c.1. During the terra of each ti list, the Trustee shall pay so <br /> much or the income from the beneficiary's share needed for that <br /> heneticiar‘''s support to he respective beneficiary. In addition to payment <br /> of income. the Trustee may also make itdditional distributions oiprineipal <br /> for the beneficiary's support, taking into account other financial resources <br /> available to him, It is Settlor's wish that the assets be available for the <br /> beneficiary's needs for twenty (20) years alter Senior's death. The trust <br /> fbr RFNAY JTH STOLIZ shall terminate at the end of that period and <br /> the remaining share shall be distributed to her issue, per stirpes. The trust <br /> Our Si!ANC JACOB HESTLI< shall terminate at the end of that period and <br /> the remainitni, shares shall be distributed to his issue, per stirpes, <br /> 7.3.c.2 The Trustee may divide the trusts ibr each of Settior's <br /> children into !'..;ubtrtists,one of which for purposes of the generation <br /> Aippirw.transfer tax, shall have an inclusion ratio alone Ci). Jo the <br /> kit.; rt t 7 <br /> .204.162, sir <br />
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