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HomeMy WebLinkAbout97-01010 " ') , Ii ,. ..... 0 . ~ 0 ... z '" LLI d. , i.'i, ~.,' " l!(;' .' t~ '"i! ,,- ]J' 3ffi1 ' II . -. i ... "<' :, " ' , " I i,.' "', " ~ .,X~'1 t l. . ,tllb Q.Jl'il t d 11 \l nt (' c. o C";) -../ ~ ,'--" - --- -0 " :;;;l c.~ ".i OF .... c.;> ROBERT GLENN LING DO NOT WRITE ON THIS WILL. ALTER IT, OR MODIFY IT WITHOUT ADVICE OF YOUR ATTORNEY' . to - 01 -~ .,. ." , = .., !< o. H .. m -l (,i r1j ( , ',' ;0 t-' c rn " , '" -.l ." -- 1 .. ,-.' .~ ::n -, , ::3 .. - " tel i ~~ I-' c;::o 0 -" . , ~, (-, U1 - .. " .. ,"-' !l " I ,- ..~ ; '~J ()\ - ~ \3~ \ \ tj II FG i) \) \ 5 LAST WILL & TE,STAMENT 0\; ROBERT GLENN LING I. ROBERT GLENN LING, of Citrus County, Florida, bcing of sound and disposing mind and memory. declare this documcnt to hc my Last Will & Testamcnt. and hereby revoke all prior wills and codicils. ARTICLE I For infomllltion purposes, at the time of thc cxecution of this will. my family statuS is as follows. I am marricd, and I havc thrcc childrcn. My spouse's namc is EDNA JANE LING, and my ,:hildrcn's namcs arc DAVID A. LING, CRAIG OWEN LING. and DEBRA K. FINK. ARTICLE II I direct that my bodily remains be buried in the manner in which my Personal Representative deems fit ,lI1d proper. ARTICLE III I direct that my Personal Representativc pay all my just debts, my funeral expenses. and costs of administration of my estate as soon as practicable after my death. from the residue of my estate. In the event my residuary cstatc is insufficient to pay such jnst debts, funeral expenses, and costs of administration. I direct that the amount thereof, in excess of my residuary estate, shalt be paid from other assets of TI-IE ROBERT GLENN LING UV1NG TRUST, dated of even date herewith and executed prior to the execution of this will. In no event shalt any portion of such debts, expenses, and costs he apportioned or altocated to my spouse. whether the property passes under this will or otherwise. THIS IS PAGE I O~~2L,AND TESTAMENT 0' ROBhRT GU'.NN B~ \ \ S I.j ri~ \) S \ 6 ARTICLE IV I Illay lcave a wrlttcn Sl:llClllcnt disposing nf \:\:rtaln itcms nf my tangible pcrsonal propcrlY not otherwise spedfically disposed nf in this will. Any such sUltemCnl in cxistence at the time of my death, dated and signed by me, shall be determinative with respect tll all items devised therein. If such a writtcn sUltement is nOI found and iLlentifieLl by my Personal Representative within thirty days after Lettcrs Of Administration arc issucd, it shall bc conclusively presullled that Ihere is not such a written statemenl, and any subsequently found written statement shall be ignored. In the event that a distribution pursuant to this Paragraph is to be Ilulde to a minor. illY Personal Representative shall distribute such amount to the natural or legal guardian of such minor or tlJ a parent of such minor :\S \:ustoJian unLlcr the Uniform Transfer to Minors Act ami my Personal Representative shall havc no further responsibilities with respect to any amount so distributed. ARTICLE V I bequeath all of my furniture, furnishings, clothing. jewelry, household goods, personal effects, automobiles and other vehicles, hoats, a\\d all other tangible personal property, not otherwise specifically devised (except cash on hand or on deposit, property used in a trade or husincss, and any property held for the production of income), to my spouse, EDNA JANE UNG. if surviving me, and if not surviving me, then equally tc my children, DAVID A. LING, CRAIG OWEN UNG, and DEBRA K. FINK. share and share alike, or the surviving children. ARTICLE VI If, with respect to the above made bequests, to effect delivery of my tangible personal property or insurance policies to a beneficiary, it becomes necessary to incur expenses of shipment to complete the delivery, my Personal Representative, and not the beneficiary of my estate who is to receive that bequest, shall arrange for and pay as an estate cost of administration the expense of shipment incurred in making such delivery. OF B~ I I 5 II PC 0 b \ 1 ARTICLE VII I give, devise, and beqlleath the rest, residue, and remainder of my estate, of every kind, nuture, and description, whicll [now own, or hl~reufter acquire, l1I' have the right to dispose of at the time of my death, to TilE ROBERT GLI:,NN . LING LIVING TRUST, of e\'en date herewith. and executed prill!' to the execution of this Will. The said property is to become a pan of the said trllst, und is to be distributed under the terms and conditions of the said trust, and any subsequent amendments thereto . By this referel1l:c to the sllid trust. I dp not incorporate into this Will, by sud1 rcference, any provisions of the said trust (which trust has indep<;mlent significance). Thc propeny so devised to the suid trust shall be bknded with, and thereafter be udministcred and account cd for in all rcspects as an integral part of the said trust as so enlarged. Accordingly, the receipt of thc said trustce for the property passing to thc saki trust, by this Will. shall be a complete discharge and acquittance to my Personal Represcntative, Howevcr, if, for any reason, thc said trust agrecment should be dcclured a nullity, 01' be revoked by me or through operation of law, then, in that event. I adopt the termS and provisions thereof (including any subsequent amendments) as a pun of this Will, as though set forth herein, and I direct that my estate be distributed in accordance with the said tenns and provisions. ARTICLE VIII If my spouse and I shall die under such circumstances that there is not sufficient cvidence to determine the order of our deaths, then it shall be presumed that my spouse survived me, ,\I1d my estate shall be achninistered and distributed in all respects and in accordance with such presumption, ARTICLE IX I appoint my spouse, EDNA JANE LING, as the Personal Representative of my estate, 6K I \ 5 L~ PG 06 \ 8 If my spouse predeceases me, llI' Is unable 10 serve as my Personal Representative, I appoint my son, DAVID A. UNCI. as thc Personal Representative of my estate, The individual Persl.l\lal Representative shall be entitled to receive a fall' and just compensation for services rendered hereunder. I direct that no bond be required of the Personal Representatives designated herein. In addition to, and without In any way limiting the powers conferred upon my Personal Representativc by law, I vest my Personal Representative with full power and authority to scll, transfer, or convey any property, 1"~al or personal, which I own at the time of my death, at sllch time. and upon such terms (including credit), as my Personal Repre~~entatlve may detcrmine, and to do every olher ,lct and thing neccssary or appropriate for the complete administration of my estate. ARTICLE X In addition to the powers conferred upon Personal Representatives by law, my Personal Representative shall have the following powers: A. To sell or exchange, at public or private sale and on credit or otherwise, to grant options to buy and to lease for any term, or perpetually, any real or personal property c,)nstituting a part of my probate estate; to invest and reinvest in, and to retain, whether originally a part of my estate or subsequently acquired, real or personal property of every kind and description without heing subject to any investment or diversification restrictions, statutory or judicial, whenever prescribed: D. To repre,ent and vote or iO issue proxies. with powers of suostitution, for stocks. bonds. or other securities; to enter into or oppose any plan of merger, liquidation, lease, sale, m()rtgagL~, comolidation, reorganization, or foreclosure, and, in conne~tion thcrcwith to pay amounts duc under such plan, dcposit securities. and delcgate discretionary powers to an agent or protective committee; and to exercise, buy, or sell rights of conv(~rsion or subscription: C. To compromisc, sellle, relcase, or adjust all mallcrs of husiness and claims in favor of or against my estatc: THIS IS PAGE 4 Oll,;l!l WILL AND T['-,TAMENT Of DBE" ~ #' oK I \ 5 II PG 0 5 \ 9 D. To make divisions 01' distributions llf pl'operty in kind 01' in money 01' partly in each; E. To execute and dclivcr allncccssary 01' propcr dceos 01' othcr do,'umcnts; F. To continuc any unincorporatcd husincss for the pcriod of administmtion, or (0 incorporate any husincss in which I may bc engaged at the time of my death and to continue that incorporated husiness throughout the period of administration. without court ordcr and without liability for losses: G. When a choke is availabk as to whether ccrtain oeductions shall hc takcn as income tax deduclion" 01' as c'~tatc lax dcducticns. thc dccision l,f my Personal Represcntativc in this rcgaro shall hc condusivc on all conccrned and no adjustmcnt of thc inwlllc and principal accounts of my estatc shall bc made as a rcsult of such decision; H. To borrow moncy. at intcrcst, for th(~ bcncfit of my cstatc. and to pledge 01' mortgagc property of the cstate as security therefor; I. To do any administration living. and all things neccssary 01' propel' to complete the of my estate, all as fully as I could do myself. if I were ARTICLE XI If at the time of my death I am joint owner, co-owncl' or owner of any real estate, bank account 01' savings account in any commcrcial bank or savings institutions, bond or any security or instrument of indebtedness whkh is registered or issued in my name and that of another person 01' persons, as tenants by the entirety or as joint tenants with right of survivorl.hip. (-I' whkh is payable to either '~o"owner 01' the survivor of them, I give, devise and bequeath all my right, title and interest in any such property to the surviving joint owner thereof. It is my unoerstanding that all right, title and interest in and to such propcrty will pass to such surviving joint owner upon my death hy operation of law, but I do, neverthclcss. make these provisions in order to climinate any questions as to the right of such surviving joint owner to suceecd to the ownership of such property upon my death ano to provide for the possibility that a true joint tenancy with right of survivorship or ,111 estate by the entirety was not created during my lifetime. THIS IS PAGE 5 OV~~N\) TESTAMENT OF ](OBERT GLENN ;p a~ \ \ 5" ~G G " Z 0 \ AIn'ICLE xu The Personal Representative must distribUle incnme III or for the benefit. of an individual bencficiary, nr to II charitable beneficiary, where 0) such distributinn will reduce the alllount of fedcrai and cstate incnllle laxes imposed on the distributcd ineomc: and (il) the Persn!l<tl Representiltive. ill its sole discretion, determines such distribution to bc in the best interest nf my estate and the bencflciaries of t11ycstatc. IN WITNESS WHEREOF, I ha'll~ affixed my c;ignature \.,) this, my l.ast Will and Testament. consisting of seven (7) p'tges. this page included. this __I7t~ (lilY of ..l.>.!sust _,1995. On this 17th day of ~llgtl8L--' 1995. the foregoing instmment was signed, published and declared by ROBERT GLENN LING, the Testator, as Testator's Last Will and Testament, in the presence of us. who. in Testator's presence and in the presence of each other, have, at Testator's request, hereunto subscribed our names as witnesses to the execution hereof. and we certify that at the time of the execution we believc said Tcstator to be of sound and disposing mind and mcmory. __a~&1::... , -- - - 'I --.--"':" '"' "."ccc."'------- --- ~..JJI'P I ~.y of Inverness, Fl. THIS IS PAGE 6 OF THE LAST WILL AND TESTAMENT OF ROBERT GLENN UNG