3
Shared Docs
3
Same-Page
3 / 3
Mentions
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
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
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
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 (
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
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 Combination and Division of Trusts and the Benefit of Trustees
Leon Black
PERSON
Samantha Power
PERSONReliance
ORGANIZATIONTrust Fund
ORGANIZATIONSettlor
ORGANIZATIONTrusts
ORGANIZATIONthe Settlor's Children
ORGANIZATIONRemainder Interests
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONBENJAMIN ELI BLACK
PERSONALEXANDER SAMUEL BLACK
PERSONTrustee of any Trust
ORGANIZATIONConsolidation of Trust Property
ORGANIZATIONBeneficial Interest Prohibited
ORGANIZATIONthe Primary Beneficiary of a Trust
ORGANIZATIONthe Primary Beneficiary of a Trust under Article III
ORGANIZATIONan Interested Party
ORGANIZATIONResidential Property
ORGANIZATIONTangible Personal Property
ORGANIZATION