Epstein Secrets

ection) necessary or proper in their opinion in the administration of any Trust as fully as if they were the absolute owners of such property. (B) Reliance on Statement of Assets or Income. If the Independent Trustees of a Trust decide to consider the assets or income (or both) of a Beneficiary in exerc

idated funds, the division of which into the various shares or parts comprising such fund need be made only on the Trustees' books of account. (E) Combination and Division of Trusts. (I) The Trustees may combine any two or more Trusts having identical terms and identical beneficiaries and administer the combined Trusts as a sin

enses incurred in connection therewith out of such Trust; and to sell quantities of any commodity or currency for present or future delivery. (C) Reliance on Statement of Financial Resources. If the Trustees and/or Independent Trustees of a Trust consider the financial resources of a beneficiary in exe

he division of each such consolidated fund into the various shares or parts comprising it need be made only on the Trustees' books of account. (F) Combination and Division of Trusts. (1) The Trustees may combine any two or more Trusts having identical terms and identical beneficiaries and administer the combined Trusts as a sin

iversification requirement that would otherwise apply, including one imposed by a Prudent Investor Act or similar applicable law, is negated. (C) Reliance on Statement of Financial Resources. If the Trustees and/or Independent Trustees of a Trust consider the financial resources of a beneficiary in exe

he division of each such consolidated fund into the various shares or parts comprising it need be made only on the Trustees' books of account. (F) Combination and Division of Trusts. (1) The Trustees may combine any two or more Trusts having identical terms and identical beneficiaries and administer the combined Trusts as a sin