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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
rued as a direction to make the election authorized by § 2056(b)(7) of the Code or any similar provision of state law. (B) Distributions to or for the Benefit of Trustees. (1) No Trustee shall participate in a discretionary decision to pay or apply trust property to himself or herself or for his or her benefit or to
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
r than an individual to whom, or for whose benefit, current distributions of the Trust Fund of such Trust may be made. (C) Distributions to or for the Benefit of Trustees. (1) No Trustee shall participate in a decision to distribute property for his or her benefit or to himself or herself in any capacity whatsoever (
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 fmancial resources of a beneficiary in exer
r than an individual to whom, or for whose benefit, current distributions of the Trust Fund of such Trust may be made. (C) Distributions to or for the Benefit of Trustees. (1) No Trustee shall participate in a decision to distribute property for his or her benefit or to himself or herself in any capacity whatsoever (
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
r than an individual to whom, or for whose benefit, current distributions of the Trust Fund of such Trust may be made. (C) Distributions to or for the Benefit of Trustees. (1) No Trustee shall participate in a decision to distribute property for his or her benefit or to himself or herself in any capacity whatsoever (
Entities connected to both Reliance and the Benefit of Trustees

Samantha Power
PERSONLeon Black
PERSONthe Settlor's Children
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONRemainder Interests
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONTrust Fund
ORGANIZATIONSettlor
ORGANIZATION
Michael Cohen
PERSONTrusts
ORGANIZATION
JPMorgan Chase
ORGANIZATIONBENJAMIN ELI BLACK
PERSON
Barry Diller
PERSONRelease or Suspension of Powers
ORGANIZATIONthe Jurisdictional Change
ORGANIZATIONSouthern Trust Company
ORGANIZATIONIRREVOCABILITY
ORGANIZATIONResidential Property
ORGANIZATIONTangible Personal Property
ORGANIZATIONConsolidation of Trust Property
ORGANIZATION