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1993 Will for Stephan0001

1993 Will for Stephan0001

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Published by Jk McCrea

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Published by: Jk McCrea on Sep 07, 2013
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03/17/2014

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"
******************************
LASTWLLANDTESTAMENT
OF
STEPHANMcCREA
******************************
Dated:
o
c«.)
1993
.
MILDANK,TWEED.HADLEY
&
HCCLOY
1CHASEMANHATTANPLAZA
NEWYORK10005
,,'
/
 
I,STEPHANMcCREA,ofBrowardCounty,Florida,domake,publishanddeclarethistobemyLastWllandTestament,herebyrevokingallwllsandcodicilsatanytimeheretoforemadebyme.FIRST:Igiveandbequeathallfurniture,furnishings,rugs,pictures,books,silver,plate,linen,china,glassware,objectsofart,wearingapparel,jewelry,automobilesandtheiraccessories,andallothertangiblepersonalpropertyownedbymeatthe
time
ofmydeathtomywfe,JANUSMARLAKAYMAN,ifshesurvivesme.ItismyintentiontoavailmyselfoftheprovisionsofSection732.515oftheFloridaStatutes,andIherebyrequestthattherebegiveneffectanywrittenstatementorlistImaymakeduringmylifetime,disposingofmytangiblepersonalproperty
in
theeventmy
said
wfedoesnotsurviveme.SECOND:IgiveandbequeaththesumofThreeHundredThousandDollars($300,000),tomywfe,JANUSMARLAKAYMAN,ifshesurvivesme.ThebequestmadebythisArticleSECONDshallbeincreasedbythepercentagechangebetweentheConsumerPriceIndex(AllUrbanConsumers:U.S.CityAverage,AllItems)forJanuary1993andtheindexforthemonthinwhichmydeathoccurs,ifsuchindexhasincreasedduringthatperiod.THIRD:A.Ifmywfe,JanusMarlaKayman,survivesme,IgiveandbequeathtotheTrusteeshereinafternamedanamountequaltothemaximumamountbywhichmyfederaltaxableestate(determnedbeforegivingeffecttothisArticleTHIRDandbeforegivingeffecttoanydisclaimerorrenunciationwhichmywfemaymakeofanyinterestsinpropertypassingtoheruponmydeathwhetherunderthisWllorotherwse)maybeincreasedwthoutcausinganincrease
in
thefederalestatetaxpayablebyreasonofmydeathaftertakingintoaccountall
credits
availableagainstsuchtax,exceptthatthecreditforstatedeathtaxesshallbe
 
takenintoaccountonlytotheextentthatitdoesnotresultinanincreaseinthestatedeathtaxeswhichwouldotherwsebepayable.B.IdirecttheTrusteestoholdsaidamount,INTRUST,NEVERTHELESS,tomanage,investandreinvestthesame,tocollectthe
income
thereof,andtopayoverorapplythenet
income
toorforthebenefitofmywfe,JANUSMARLAKAYMAN,inasnearlyequalquarterlyinstallmentsaspracticable,butatleastannually,duringherlife.Uponthedeathofmywfetheprincipalofthetrust,asit
is
thenconstituted,shallbedisposedofpursuanttoArticleSIXTHhereof.C.1.Incomputingtheamountofthisbequest,thevaluesandamountsasfinallydetermnedforfederalestatetaxpurposesshallcontrol.2.Thisbequestmaybefundedwthcashorotherpropertyoracombinationthereof,andanysuchotherpropertysousedshallbevaluedasofthedateofitsdistribution.3.Thereshallbeallocatedtothisbequestanyproperty(andtheproceedsofanyproperty),totheextentnotusedinthepaymentofdebts,admnistrationexpensesandtaxes,whichdoesnotqualifyforthemaritaldeductionallowableindetermningthefederalestatetaxonmyestateorwhich
is
includibleinmygrossestateforfederalestatetaxpurposesandalsosubjectbyreasonofmydeathtoanyinheritancetax,transfertax,estatetaxorotherdeathdutyinanyforeigncountryorpoliticalsubdivisionthereof,togetherwthsuchadditionalpropertyasmaybenecessarytofundthisbequestinfull.FOURTH:IfatanytimeofmydeathIpossessapowerofappointmentunderparagraphBofArticleSECONDofanIndenture
2

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