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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
nted for, whether principal or income, and shall completely release and discharge the Trustees for the acts and proceedings so accounted for. (B) Judicial Settlement of Accounts. Nothing contained in this Article shall preclude the Trustees from seeking a judicial settlement of their accounts. (C) Change of Beneficial Inte
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 (
nted for, whether principal or income, and shall completely release and discharge the Trustees for the acts and proceedings so accounted for. (B) Judicial Settlement of Accounts. The Trustees shall not be required to render annual or periodic accounts to any court, whether or not required by statute. Nothing contained in th
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 (
nted for, whether principal or income, and shall completely release and discharge the Trustees for the acts and proceedings so accounted for. (B) Judicial Settlement of Accounts. The Trustees shall not be required to render annual or periodic accounts to any court, whether or not required by statute. Nothing contained in th
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 (
nted for, whether principal or income, and shall completely release and discharge the Trustees for the acts and proceedings so accounted for. (B) Judicial Settlement of Accounts. The Trustees shall not be required to render annual or periodic accounts to any court, whether or not required by statute. Nothing contained in th
Entities connected to both the Benefit of Trustees and Judicial Settlement of Accounts
Trusts
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONthe Settlor's Children
ORGANIZATIONLeon Black
PERSON
Samantha Power
PERSONBENJAMIN ELI BLACK
PERSONReliance
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONTrust Fund
ORGANIZATIONSettlor
ORGANIZATIONRemainder Interests
ORGANIZATIONResidential Property
ORGANIZATION
Michael Cohen
PERSON
Barry Diller
PERSONIRREVOCABILITY
ORGANIZATIONTangible Personal Property
ORGANIZATIONConsolidation of Trust Property
ORGANIZATIONCombination and Division of Trusts
ORGANIZATIONTrustee of any Trust
ORGANIZATIONthe Primary Beneficiary's
ORGANIZATION