1

THIS IS THE LAST WILL of me, FRED RUBBLE, of the City of Welland,

Province of Ontario.

I.

I RE O!E all former "ill# and other te#tamentary di#$o#ition# made %y me.

II.

I APPOI&T my "ife, WILMA RUBBLE, to %e the E#tate Tr'#tee, E(ec'tor and

Tr'#tee of thi# my Will, $rovided that if my #aid "ife #hall have $redecea#ed me or #hall #'rvive me %'t die %efore the tr'#t# hereof #hall have terminated or #hall %e 'na%le or 'n"illin) to act or to contin'e to act a# #'ch E#tate Tr'#tee, E(ec'tor and Tr'#tee, then I a$$oint my children, PEBBLES RUBBLE and BAMBAM RUBBLE, to %e the *oint alternate E#tate Tr'#tee#, E(ec'tor# and Tr'#tee# of thi# my Will in the $lace and #tead of my #aid "ife. Reference# to +my Tr'#tee#+ in thi# my Will #hall incl'de each E#tate Tr'#tee, E(ec'tor and Tr'#tee of my Will, my e#tate or any $ortion thereof "ho may %e actin) a# #'ch from time to time "hether ori)inal or #'%#tit'ted and "hether one or more.

III.

I ,I E all my $ro$erty "here#oever #it'ate, incl'din) any $ro$erty over "hich I

may have a )eneral $o"er of a$$ointment, to my Tr'#tee# '$on the follo"in) tr'#t#, namely-

.a/

I a'thori0e my Tr'#tee# to '#e their di#cretion in the reali0ation of my e#tate, "ith $o"er to #ell, call in and convert into money any $art of my e#tate not con#i#tin) of money at #'ch time or time#, in #'ch manner and '$on #'ch term#, and either for ca#h or credit or for $art ca#h and $art credit a# they may in their a%#ol'te di#cretion decide '$on, or to $o#t$one #'ch conver#ion of my

565
e#tate or any $art or $art# thereof for #'ch len)th of time a# they may thin1 %e#t. 2y Tr'#tee# #hall have a #e$arate and #'%#tantive $o"er to retain any of my inve#tment# or a##et# in the form e(i#tin) at the date of my death at their a%#ol'te di#cretion "itho't re#$on#i%ility for lo## to the intent that inve#tment# or a##et# #o retained #hall %e deemed to %e a'thori0ed inve#tment# for all $'r$o#e# of thi# my Will. &o rever#ionary or f't're intere#t #hall %e #old $rior to fallin) into $o##e##ion and no #'ch intere#t not act'ally $rod'cin) income #hall %e treated a# $rod'cin) income.

.%/

To $ay o't of and char)e to the ca$ital of my )eneral e#tate my *'#t de%t#, f'neral and te#tamentary e($en#e# and all income ta(e#, e#tate, inheritance and #'cce##ion d'tie# or ta(e# "hether im$o#ed %y or $'r#'ant to the la" of thi# or any other *'ri#diction "hat#oever that may %e $aya%le in connection "ith any $ro$erty $a##in) .or deemed #o to $a## %y any )overnin) la"/ on my death or in connection "ith any in#'rance on my life or any )ift or %enefit )iven or conferred %y me either d'rin) my lifetime or %y #'rvivor#hi$ or %y thi# my Will or any Codicil hereto and "hether #'ch d'tie# or ta(e# %e $aya%le in re#$ect of e#tate# or intere#t# "hich fall into $o##e##ion at my death or at any #'%#e3'ent time4 and I here%y a'thori0e my Tr'#tee# to defer, comm'te or $re$ay any #'ch ta(e# or d'tie#. Thi# direction #hall not e(tend to or incl'de any #'ch ta(e# that may %e $aya%le %y a $'rcha#er or tran#feree in connection "ith any $ro$erty tran#ferred to or ac3'ired %y #'ch $'rcha#er or tran#feree '$on or after my death $'r#'ant to any a)reement "ith re#$ect

5=5
to #'ch $ro$erty.

.c/

To %e3'eath to my da')hter, PEBBLES RUBBLE, my Pica##o Paintin).

.d/

To %e3'eath to my #on, BAMBAM RUBBLE, my 1789 T5:ird converti%le.

.e/

To ma1e a charita%le donation to NIAGARA COLLEGE OF APPLIED ARTS & TECHNOLOGY, LAW CLERK PROGRAM, or to it# #'cce##or or)ani0ation a# the ca#e may %e, the #'m of t"enty tho'#and dollar# .;6<,<<<.<</. The recei$t of the trea#'rer or other $ro$er officer to thi# or)ani0ation #hall %e a #'fficient di#char)e to my Tr'#tee.

.f/

If my "ife, WILMA RUBBLE, #'rvive# me for a $eriod of fo'rteen .19/ day#, to $ay, tran#fer and a##i)n the re#id'e of my e#tate to her for her o"n '#e a%#ol'tely.

.e/

If my "ife, WILMA RUBBLE, $redecea#e# me or #'rvive# me %'t die# "ithin a $eriod of fo'rteen .19/ day# of the date of my death, to divide the re#id'e of my e#tate in e3'al #hare# $er #tir$e# amon) my i##'e livin) at the death of the #'rvivor of my "ife and me4 $rovided that the #hare of any child of mine "ho #hall then %e livin) %'t "ho #hall not have attained the a)e of t"enty5one .61/ year# #hall %e #et a#ide and my Tr'#tee# #hall 1ee$ #'ch #hare inve#ted and, #'%*ect a# i# hereinafter $rovided, may from time to time

595
'ntil #'ch child %ecome# a%#ol'tely entitled to all the ca$ital of #'ch #hare $ay to or a$$ly for the %enefit of #'ch child the "hole or #'ch $art of the net income derived from #'ch #hare or from the $art thereof from time to time remainin) in tr'#t and #'ch $art or $art# of the ca$ital thereof a# my Tr'#tee# in their a%#ol'te di#cretion deem advi#a%le. If in any year that my Tr'#tee# hold #'ch #hare or any $art thereof any $ortion of the #aid net income i# not $aid to or a$$lied for the %enefit of #'ch child, #'ch $ortion #hall %e acc'm'lated %y my Tr'#tee# and added to the ca$ital of #'ch #hare to %e dealt "ith a# $art thereof4 $rovided that after the e($iration of the ma(im'm $eriod $ermitted %y la" for the acc'm'lation of income here'nder, if my Tr'#tee# are then holdin) #'ch #hare or any $art thereof, they #hall thereafter $ay to or a$$ly for the %enefit of #'ch child the "hole of the net income derived from #'ch #hare. >$on #'ch child attainin) the a)e of t"enty5one .61/ year#, the income thereafter derived from #'ch #hare #hall %e $aid to or for #'ch child. >$on #'ch child attainin) the a)e of t"enty5one .61/ year#, #'ch #hare or the amo'nt thereof then remainin) #hall %e $aid or tran#ferred to him or her. If #'ch child #ho'ld die %efore receivin) the "hole of hi# or her #hare, #'ch #hare or the amo'nt thereof then remainin) #hall %e divided amon) the i##'e of #'ch child "ho #'rvive him or her in e3'al #hare# $er #tir$e# or, if #'ch child #ho'ld leave no i##'e him or her #'rvivin), amon) my i##'e "ho #hall %e livin) at the death of #'ch child in e3'al #hare# $er #tir$e#, $rovided that if any child of mine #hall there%y %ecome entitled to any $art of #'ch #hare %efore attainin) the a)e of t"enty5one .61/ year#, #'ch child?# $art #hall %e

585
added to the ca$ital of the #hare of my e#tate herein%efore directed to %e held in tr'#t for #'ch child and #hall %e dealt "ith a# $art thereof.

I .

S>:@ECT AS 2AA :E SPECIBICALLA $rovided herein, if any $er#on #ho'ld

%ecome entitled to any #hare in my e#tate %efore attainin) the a)e of t"enty5one .61/ or "hile mentally inca$a%le of mana)in) $ro$erty, the #hare of #'ch $er#on #hall %e held and 1e$t inve#ted %y my Tr'#tee#, and the income and ca$ital or #o m'ch thereof a# my Tr'#tee# #hall, in their a%#ol'te di#cretion, con#ider nece##ary or advi#a%le #hall %e '#ed for the %enefit of #'ch $er#on 'ntil he or #he attain# the a)e of t"enty5one .61/ or i# no lon)er mentally inca$a%le of mana)in) $ro$erty "hen #'ch #hare or the amo'nt thereof remainin) #hall %e $aid or tran#ferred to him or her, or #ho'ld #'ch $er#on die %efore attainin) the a)e of t"enty5one .61/ or "hile mentally inca$a%le of mana)in) $ro$erty, to hi# or her le)al $er#onal re$re#entative#.

I A>THORICE my Tr'#tee# to ma1e any $ayment# for any $er#on 'nder the a)e of

t"enty5one .61/ or "ho i# other"i#e mentally inca$a%le of mana)in) $ro$erty to a $arent, )'ardian or committee of #'ch $er#on or to any other $er#on my Tr'#tee# may con#ider to %e a $ro$er reci$ient therefor "ho#e recei$t #hall %e a #'fficient di#char)e to my Tr'#tee#.

I.

WHE&E ER it %ecome# nece##ary for my Tr'#tee# to inve#t any money# held in

connection "ith my e#tate I "ill and declare that my Tr'#tee# in ma1in) #'ch inve#tment #hall not %e re3'ired to diver#ify and #hall not other"i#e %e re#tricted %y the $rovi#ion# of #. 6D of the Ontario Trustee Act, a# amended from time to time, %'t may inve#t in any

5E5
inve#tment that in their 'ncontrolled di#cretion they con#ider advi#a%le and my Tr'#tee# #hall not %e held re#$on#i%le for any lo## that may %e occa#ioned %y any #'ch inve#tment made %y them in )ood faith. Witho't limitin) the )enerality of the fore)oin), my Tr'#tee #hall %e #$ecifically a'thori0ed to inve#t in m't'al f'nd and $ooled f'nd inve#tment# not"ith#tandin) any r'le of la" that $rohi%it# a tr'#tee from dele)atin) $o"er# of d'tie#.

II.

2A TR>STEES may ma1e any divi#ion of my real or $er#onal e#tate or #et a#ide or

$ay any #hare or intere#t therein either "holly or in $art in the a##et# formin) my e#tate at the time of my death or at the time of #'ch divi#ion, #ettin) a#ide or $ayment, and I e($re##ly "ill and declare that my Tr'#tee# #hall in their a%#ol'te di#cretion fi( the val'e of my e#tate or any $art thereof for the $'r$o#e of ma1in) any #'ch divi#ion, #ettin) a#ide or $ayment and the deci#ion of my Tr'#tee# #hall %e final and %indin) '$on all $er#on# concerned, not"ith#tandin) any fl'ct'ation in mar1et val'e and not"ith#tandin) that one or more of my Tr'#tee# may %e %eneficially intere#ted in the $ro$erty or any $art thereof #o val'ed.

III.

I A>THORICE my Tr'#tee# to ma1e or refrain from ma1in), in their a%#ol'te

di#cretion, any election#, determination#, and de#i)nation# $ermitted %y any #tat'te or re)'lation enacted %y the Parliament or )overnment of Canada, %y the le)i#lat're or )overnment of any $rovince of Canada, or %y any other le)i#lative or )overnmental %ody of any other co'ntry, $rovince, #tate or territory, and #'ch e(erci#e of di#cretion %y my Tr'#tee# #hall %e concl'#ive and %indin) '$on all the %eneficiarie# hereof. 2y Tr'#tee# #hall not %e lia%le to any $er#on, "hether %eneficiary or other"i#e, %y rea#on of any lo##, claim, ta( or

5D5
other co#t e($erienced %y any #'ch $er#on or %y my e#tate re#'ltin) from any election, determination, de#i)nation or e(erci#e of di#cretion, incl'din) any $referred %eneficiary election, entered into %y my Tr'#tee# in )ood faith.

IF.

I A>THORICE my Tr'#tee# to #ell, $artition, e(chan)e or other"i#e di#$o#e of the

"hole or any $art of my real $ro$erty in #'ch manner at #'ch time and '$on #'ch term# a# to credit or other"i#e a# they in their di#cretion con#ider advi#a%le, "ith $o"er to acce$t $'rcha#e money mort)a)e or mort)a)e# for any $art of the $'rcha#e or e(chan)e $rice. 2y Tr'#tee# #hall al#o have the $o"er to mort)a)e, lea#e for any term the real or lea#ehold $ro$erty formin) $art of my e#tate, #'%*ect to #'ch covenant# and condition# a# they #hall thin1 fit, to acce$t #'rrender# of lea#e# and tenancie#, to e($end money in re$air#, alteration#, re%'ildin) and im$rovement# and )enerally to mana)e any #'ch $ro$erty. 2y Tr'#tee# #hall al#o have the ri)ht to rene" and 1ee$ rene"ed any mort)a)e or mort)a)e# '$on any real e#tate formin) $art of my e#tate or any $art thereof, to %orro" money on any #'ch real e#tate '$on the #ec'rity of any mort)a)e or mort)a)e# and to $ay off any mort)a)e or mort)a)e# "hich may %e in e(i#tence at any time formin) $art of my e#tate. I al#o )ive to my Tr'#tee# $o"er to e(ec'te and deliver #'ch deed#, mort)a)e#, lea#e# or other in#tr'ment# a# may %e nece##ary to effect #'ch a #ale, mort)a)e, lea#e or other di#$o#ition. The $o"er of #ale herein i# di#cretionary and not mandatory.

F.

I A>THORICE A&G E2POWER my Tr'#tee# to lend #'ch $art or $art# of my

e#tate '$on any #ec'rity "hich they may deem #'fficient or '$on no #ec'rity "hatever, to enter into )'arantee# or indemnification# for the %enefit of the %eneficiarie# of thi# my Will

5H5
and firm# or cor$oration# in "hich my e#tate or one or more of the %eneficiarie# of thi# my Will may have an intere#t and to )ive #ec'rity therefor a# my Tr'#tee# may in their di#cretion decide and to rene" and 1ee$ rene"ed #'ch )'arantee# and indemnification# a# my Tr'#tee# #ee fit, to %orro" money from them#elve# individ'ally or from other# either "itho't #ec'rity or '$on the #ec'rity of any of the $ro$erty, real or $er#onal, entr'#ted to them or from time to time held %y them 'nder thi# my Will for #'ch $'r$o#e# and '$on #'ch term# and condition# a# they #hall deem advi#a%le and "itho't limitin) the )enerality of the fore)oin) for the $ayment of ta(e#, de%t#, d'tie#, le)acie# or e($en#e# and to mort)a)e, $led)e, hy$othecate or other"i#e enc'm%er any or all of #'ch $ro$erty to #ec're the re$ayment of money %orro"ed and to e(tend or modify any #'ch enc'm%rance. 2y Tr'#tee# may %orro" from any $er#on or cor$oration not"ith#tandin) that #'ch $er#on or cor$oration may %e a mem%er of my family or a %eneficiary or tr'#tee 'nder my Will, and the $er#on or cor$oration from "hom my Tr'#tee# %orro" #hall neverthele## %e entitled to receive and %e $aid, for it#, hi# or her o"n %enefit, #'ch intere#t a# my Tr'#tee# in their a%#ol'te di#cretion deem advi#a%le.

FI.

2A TR>STEES #hall %e f'lly $rotected in e(erci#in) any di#cretion )ranted to them

in thi# my Will and #hall not %e lia%le to the %eneficiarie# or their heir# or $er#onal re$re#entative# %y rea#on of the e(erci#e of #'ch di#cretion. 2y Tr'#tee# #hall e(erci#e the $o"er#, a'thority and di#cretion )iven to them in "hat they deem to %e the %e#t intere#t, "hether monetary or other"i#e, of the %eneficiarie#, "hether or not #'ch e(erci#e may have the effect of conferrin) an advanta)e on any one or more of the %eneficiarie# or "o'ld other"i#e, %'t for the fore)oin), %e con#idered a# %ein) other than an im$artial e(erci#e of their d'tie# here'nder or a# not %ein) maintenance of an even5hand amon) the %eneficiarie#

575
and all #'ch e(erci#e of their $o"er#, a'thority and di#cretion #hall %e %indin) '$on all of the %eneficiarie# and #hall not %e #'%*ect to any 3'e#tion or revie", %y any $er#on, official, a'thority, co'rt or tri%'nal "hat#oever or "hom#oever.

FII.

I A>THORICE my Tr'#tee# to em$loy and $ay o't of my e#tate #'ch $rofe##ional

advi#or# a# my Tr'#tee# may deem nece##ary in the di#char)e of their d'tie# and to act '$on #'ch advice and o$inion# a# they may receive from any #'ch $rofe##ional #o em$loyed and my Tr'#tee# #hall not %e lia%le or re#$on#i%le for any lo## that may %e occa#ioned to my e#tate %y rea#on of their #o doin).

FIII.

I A>THORICE A&G E2POWER my Tr'#tee# to com$romi#e, #ettle, "aive or $ay

any claim or claim# at any time o"in) %y my e#tate or "hich my e#tate may have a)ain#t other# for #'ch con#ideration or no con#ideration and '$on #'ch term# and condition# a# my Tr'#tee# may deem advi#a%le and to refer to ar%itration all #'ch claim# if my Tr'#tee# deem #ame advi#a%le.

FI .

I GECLARE that no )ift, or the income therefrom, 'nder thi# my Will #hall %e

a##i)ned or antici$ated, or fall into any comm'nity of $ro$erty, $artner#hi$ or other form of #harin) or divi#ion of $ro$erty "hich may e(i#t %et"een any %eneficiary and hi# or her #$o'#e or $artner, and every )ift to)ether "ith the income therefrom #hall remain the #e$arate $ro$erty of a %eneficiary here'nder, free from all $ro$erty ri)ht# or control# %y hi# or her #$o'#e or $artner. Witho't limitin) the )enerality of the fore)oin), I direct that all of the )ift# and other %enefit# )ranted %y me 'nder thi# my Will and all the income derived

51<5
therefrom #hall %e e(cl'ded from net family $ro$erty of a %eneficiary and the val'e thereof #hall not %e #'%*ect to divi#ion %et"een a %eneficiary and hi# or her #$o'#e or $artner $'r#'ant to the Ontario Family Law Act, or any #'cce##or le)i#lation thereto. All reference# to income contained in thi# $ara)ra$h of thi# my Will are intended %y me and #hall %e deemed to incl'de ca$ital )ain# a# "ell a# any other accretion# to ca$ital ari#in) from a )ift or %enefit here'nder.

I& WIT&ESS WHEREOB I have to thi# my La#t Will and Te#tament, "ritten '$on thi# and nine .7/ $recedin) $a)e#, #'%#cri%ed my name thi# = rd day of Octo%er, 6<1=. SI,&EG %y the te#tator, FRED RUBBLE, a# hi# la#t Will, in the $re#ence of '#, %oth $re#ent at the #ame time, "ho at hi# re3'e#t, in hi# $re#ence and in the $re#ence of each other have here'nto #'%#cri%ed o'r name# a# "itne##e#. / / / / / / / / /

IIIIIIIIIIIIIIIIIIIIIIIIIIIIIII FRED RUBBLE

WIT&ESSSi)nat're- ________________________ &ame- &ancy :ellantino Addre##- 1<8 ,aron Ave., Welland, Ont., L=: 1:D Occ'$ation- La"yer WIT&ESSSi)nat're- IIIIIIIIIIIIIIIIIIIIIIII &ame- Tanya T'ft# Addre##- 1<8 ,aron Ave., Welland, Ont., L=: 1:D Occ'$ation- La" Cler1