A position of trust may be linked to a particular or indeterminate term. Similarly, certain conditions may require the property to be transferred to a beneficiary or occupant. Any separate trust bearing the name of a child designated by me is held, managed and distributed by the agent according to the following uses and purposes, if any, under another provision of that instrument: 1. Discretionary distributions. With regard to every confidence I have held in favour of a child under the age of thirty (30), the agent pays the child`s benefit, and only from the separate confidence of that child, in the context of the child`s net income and principal capital, even to the extent that the client, at his sole discretion, , exhausts the principle. the child`s health, livelihood, assistance and education may be considered appropriate or necessary in light of all the circumstances and factors that the agent deems appropriate. Unspent net income is accumulated and added to the principal income, as determined from time to time by the agent. 2. Compulsory distributions.
If one of my children reaches the age of twenty-five (25) years, the attorney distributes fifty percent (50%) to this child. the balance of confidence separated from this child, open and free of confidence at the time; and if one of my children reaches the age of thirty (30) years, the separate trust of that child ends, and the agent distributes to that child one hundred percent (100%) the balance of confidence separated from this child, open and free of confidence at the time; However, provided that any child whose child I have has the right to adjourn and continue to have confidence in all distributions. 3. Limited appointment power. If one of me dies before the age of thirty (30) years, the separate trust that exists for that child under this article V ends and the agent distributes the balance of the child, as he is then trained, to one or more descendants of that child in the proportions and amounts that that child may name to obtain the same according to a will and a will. To remove the balance of the separate trust of a child who has died under this article V, the agent is protected on the basis of an instrument admitted in a jurisdiction as that child`s last will and will, or assuming that the child has died intestate if the agent does not receive notification of the existence of a will and will within three (3) months of receipt of the notification of that child`s death. 4. Provide separate confidence after the child`s death. If a child designated by me does not exercise the power of appointment provided in the first paragraph with respect to all or part of the separate trust of that child, the agent, after the death of that child, distributes the rest of that child`s separate confidence, which is not effectively determined, to the descendants of that child. , then alive, without any confidence.