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FORM #5 Revocable Trust. Settler is married. Creates (i) an optimal-portion-marital-deduction gift, (ii) a Disclaimer Trust that serves as a receptacle for any of the Marital Gift which the spouse
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GRACE IV, KENNETH N. GRACE and their children, and their families, together with the persons and entities in trust for them and their families as set forth on Exhibit A, hereby establish a joint trust for the establishment, administration and distribution of an annual charitable annuity to benefit the persons who are the sole beneficiaries of this trust, and as further described herein in connection with Exhibit D. This joint trust must be administered according to generally accepted accounting principles to the exclusion of all other laws and regulations, and the trust instrument may not be altered, amended or terminated without the consent of the parties to, and the consent of their representatives or successors in interest, and the trust agreement must be revised to conform. II, KENNETH N. GRACE V, KENNETH N. GRACE and their spouses and any other persons who would own any interest in a Trust, as reflected in Exhibit E below, are beneficiaries of and will be entitled to receive from this trust the annual charitable annuity. Any trustee of the trust shall be a corporation organized under the laws of the United States and the District of Columbia for the purpose of conducting and managing this trust. III, KENNETH N. GRACE VII, ALLIES of KENNETH N. GRACE I and II, and any person or entity that would own any interest in a Trust, as reflected in Exhibit F below, are trustees, agents or trustees in trust for the benefit of other persons who will receive an annual charitable annuity as the direct beneficiary of this trust. IV, KENNETH N. GRACE and their heirs will be entitled to receive from the trust property that would not otherwise be subject to intestacy, but the rights and interests in the assets will not exceed those of a beneficiary of a trust governed by federal income tax laws, provided that said rights and interests are subject to any applicable trust statutes, limitations of liability or other applicable law. V, KENNETH N. GRACE VIII, all persons related or relating to KENNETH N. GRACE, their descendants, and any person who would be related to any descendant of KENNETH N. GRACE, except children, parents or grandparents of the settlers or other relatives, who would be entitled to receive from this trust an annual charitable annuity will be entitled to receive from the trust property that would not otherwise be subject to intestacy. VI, KENNETH N.

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