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HomeMy WebLinkAbout02-02-79 or LAST WILL AND TESTAMENT OF EFFIE C. McINTYRE I, EFFIE C. McINTYRE, of the Borough of New Cumberland, County of Cumberland and Commonwealth of Pennsylvania, declare this to be my last will and revoke any will previously made by me. ITEM I. I bequeath such of my tangible personal proper- ty as is set forth in a separate unsigned memorandum, which I shall place with my will to the persons therein designated. I bequeath any of my other household goods and personal effects and other tangible personalty of a like nature (not including cash or securities) to my friend, GERALDINE SLOOP, if she survives me by thirty days. ITEM II. I have made no provision in this will or in a certain revocable trust created by me for my beloved brother, SAMUEL F. STETLER, since he is well provided for and would have no need for any funds that may be included in my estate. ITEM III. I devise and bequeath the residue of my estate of every nature and wherever situate, including any property over which I shall have any power of appointment to the Cumberland County National Bank and Trust Company of New Cumber- land, Pennsylvania, to be added to and thereafter treated as a part of that certain inter vivos revocable trust created by me on August /;L , 1974, to have and to hold, IN TRUST, for the uses and purposes and subject to the terms and provisions thereof, includ- ing any alterations or amendments thereto, or any other inter vivos trust which may hereafter be substituted therefor. ITEM IV. I appoint Cumberland County National Bank and LAW OFFICES STONE 80 SAJER 310 8RIDGE STREET NEW CUMBERLA.ND. PA. 17070 1'f~~ 1 of 4 pages ';....... ^'.' . . Trust Company, of New Cumberland, Pennsylvania, guardian of any property which passes, either under this will or otherwise, to a minor and with respect to which I am authorized to appoint a guardian and have not otherwise specifically done so, provided tha this appointment of a guardian shall not apply to property dis- tributable to a minor for whom I have otherwise made special pro- vision and provided further that this appointment of a guardian shall not supersede the right of any fiduciary in its discretion to distribute a share where possible to the minor or to another for the minor's benefit. Such guardian shall have the power to us principal as well as income from time to time for the minor's support and education (including college education, both graduate and undergraduate) without regard to his or her parent's ability t provide for such support and education, or to make payment for these purposes, without further responsibility, to the minor or to the minor's parent or to any person taking care of the minor. ITEM V. All federal, state and other death taxes pay- able because of my death, with respect to the property forming my gross estate for tax purposes, whether or not passing under this will, including any interest or penalty imposed in connection with such tax, shall be considered a part of the expense of the admin- istration of my estate and shall be paid from my residuary estate without apportionment or right of reimbursement provided that any taxes on the inter vivos revocable trust created by me on August J~ 1974, may be paid from the assets of that trust as provided therein. ITEM VI. My executors and guardian shall have the following powers in addition to those vested in them by law and by other provisions of my will, applicable to all property, whether LAW OFFICES principal or income, including property held for minors, exercism STONE ll< SAJER 310 BRIDGE STREET NEW CUMBERLAND. PA. 17070 Page 2 of 4 pages .1 onl~ .r..,! "'.0" . . '. without court approval, and effective until actual distribution of all property: :! :1 II I' ,I II estate, I I A. To retain any or all of the assets of my real or personal, including stock of my corporate fiduciary, or of its parent holding company, without regard to any I, principle of diversification or risk. II I' B. To invest in all forms of property including stocks, common trust funds and mortgage investment funds whether operated by my corporate fiduciary or others, without restriction to investments authorized for Pennsylvania fiduciaries, as they deem proper, without regard to any principle of diversification or risk. C. To sell at public or private sale, to exchange, or to lease for any period of time, any real or personal property and to give options for sales, exchanges or leases, for such prices and upon such terms or conditions as they deem proper. D. To allocate receipts and expenses to principal or income or partly to each as they from time to time think proper. E. To borrow from, or sell to, the trustee under my inter vivos trust mentioned above, even though such trustee may be my executor. VII. I appoint my friend, GERALDINE SLOOP, and CUMBER- LAND COUNTY NATIONAL BANK AND TRUST COMPANY, of New Cumberland, Pennsylvania, co-executors of this my last will. VIII. I direct that my executors and guardian shall not be required to give bond for the faithful performance of their duties in any jurisdiction. IN WITNESS WHEREOF, I have hereunto set my hand this ~ day of August, 1974. LAW OFFICES /~e.~r;:~~ Effie C. cIntyre STONE 6 SAJER 310 BRIDGE STREET NEW CUMBERLAND, PA. 17070 "~ it..&, 'r::' 3 0 f 4 p age s ..;...' ,..1...:;: The preceding instrument, consisting of this and three i I other typewritten pages, Ii II II I, I, II Ii each identified by the signature of the testatrix, was on the date thereof signed, published and declared by EFFIE C. McINTYRE, the testatrix therein named, as and for her last will, in the presence of us, who, at her request, in her presence, and in the presence of each other, have subscribed our names as witnesses hereto. , ~;z.7/ / A1f.~~ W1tness - ~ /-:;. C-7~~ ,r-~. Addres ./ --d1~ mI.J~ Witness f!I.R.-W C~ Address (Jc~ L.AW O""'CES STONE eo SAJER 310 BRIDGE STREET NEW CUMBERLAND, PA. t 7070 Page 4 of 4 pages '11 "'. , ,.. .j~, \i" ~'_'i "f)