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(4) Any proporty allocut\!d under this ITEM IV ^ in kind shull he valued at the value
at which It is finally ineludcd in my gross ostate nlr f\!deral estate tax purposes,
provided that the aggregate marbt value thoreof on tho d:lIe of ullocatlon (plus
the value us t1nally determined tilr federal estute tax purposes of ull other property
qualifying filr the marital deduction) Is at least equal to thl' dollar valuc of the
marltul deduction as finally determined lilr f\!deral estate tax purposes,
(5) My wife. Kalhl'ryne T. Spl'rll, shall he paid the entire Income from thc principal
In such periodic installments us the trustees shall find convenient, hut at leust as
often us quarter-annually or elsll upplled dire_'tly for her henefit hy the trustee,
Income that accrues hetween the date uf the last distribution to Katheryne '1', Spera
and the date of twr death shall be distributed to her estllle,
(6) As much of the prlndpul of this trust as the trustee may from time to time think
neces,ary to maintain my wife's standard of living at the time of my death or during
illness or emergency may he either paid to her or else applied directly fur her
benefit hy the trustee. after taking into account other assets and sources of income
availahle to her,
(7) Upon the death of my wife, Klllheryne '1', Spera, the trustee shall first deduct and
pay to the personal representative of my wife's estate an amount equal to the
Increase in federal estate tax or state death taxes which her estate will have to pay
because of the inclusion of the assets under this Item of my Will In her gross estate
(unless she directs otherwise in her Will) and all then-remaining principal shall be
added to the principal of the Trust created pursuant to ITEM IV B hereof.
(8) Item IV ^ of my Will is intended to empower my Executrix to qualify this gill or
as much thereof as she deems advantageous IIII' the quallfi\!d terminahle interest
property provision set fhrth in Seetil'n 2056(h)(7) of the Internal Revenue Code as
amended hy Section 403 of the Economic RI,covery Tax Act of 1981 and my
Executrix is hereby authorized to make the eleclion to qualify or not to qualify, I
direct thai (I) If any provision of my Will shall result in depriving this Item of the
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years after the death or the last survivor of the Issue of the Settlor living at the date of execution of this
Agreement; and on such termination, the Trustee shall dlstrlhulC the property of such Trust as provided Ihr
herein upon a termination of the Trust.
ITEM VI:
Power to Tcrmlnutt, Smull Trust
Should the principal of any trust herein provided Ihr hecome too small, In trustee's discretion, so
as to make contlnual\ce of the trust Inadvisahle. trustee may make immediate dislrihutlon of the Ihen
remaining principal and any accumulated or undlslrlhuted income outright to the person or persons and in
the proportions they are then entitled to income, Upon such termination the rights of all persons who might
otherwise have an interest as succeeding income heneticiary or in remainder shall cease, If any person to
receive distrlhutlon is a minor or disahled in any way. trustee may pay the fund to the parent, guardian. OJ'
person or organization taking care of thaI person 01'. with respect to a minor, tnlstee may deposit the fund
In a savings fund account in the minor's name payahle to the minor al majority. provided, however, that any
property held under the marital deduction trust in ITEM IV A may he paid only to my wife or to her duly
appointed guardian,
ITEM VII: Source of Payment nf Taxe~
All federal. state and olher taxes payahle hecause of my death. with respect to property thrming my
gross estate for tax purposes. whether or not passing under this Will, including any interest or penaity
imposed In connection with such tax shall he considered a part of the expense of the administration of my
estate and shall be paid first from that part of my residuary estate passing under ITEM IV B and if said
source is Insufficient to pay same. then from that part of my estate passing under ITEM III hereof without
apportionment or right of reimhursement. All such taxes on present or future Interests shall be paid (It such
time or times as my personal representative may think proper. regardless of whether such taxes are then due,
ITEM VIII: Spendthrlrt Provision
The interest of the heneticiarles horeunder or the henetlclarles of any Trust created herein shall not
be suhject to anticipation or to voluntary or lnvolunlnry alienalion,
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December 5, 1997
(717) 231'6677
"'LtNO.
DI"tor DIA,L No
Re:
Estate of Joseph J, Spera
~~
Mary C, Lewl.~
Register of Wl11s
COUnty of Cumberland
CUmberland COUnty COUrthOUse
1 COUrthOUse Square
Carl/Sic, PA 17013
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Dear Ms, LeWis:
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m '''I/fy '''' .'" 5. """0'" 'O""'y ~;:","" ''po" "...~ (50"",,,,,,, 8, 199,) '. """,
ShooM You "''' "y '''''1/0'' re , . I
heSitate to COntact the Undersigned 0" Stanley A gsa~ ,/'hng ~ e ~nclosed payme"t, Please do not
' m, ,esquIre of OUr Office,
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Very truly Yours,
RHOADS &: SINON LLp
By:
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