Epstein Secrets

instrument governing such Other Trust. SIXTH: POWER TO ACOUIRE Except as otherwise provided below, L

dependent Trustees regarding the Independent Trustees' exercise of discretion pursuant to this paragraph or Section 7-1.11 of the New York Estates, Powers and Trusts Law. The provisions of this paragraph are intended to come within the safe harbor provisions of Revenue Ruling 2004-64. Accordingly, the

roperty of equivalent value, shall seek a determination by a court of competent jurisdiction to assure that the equivalent value requirement of this Clause is satisfied. If no Independent Trustee is then serving, upon the exercise of this power by LEON, the Trustees shall appoint an Independent Trustee

d the 2004-64 Trustees regarding the 2004-64 Trustees' exercise of discretion pursuant to this paragraph or Section 7-1.11 of the New York Estates, Powers and Trusts Law. The provisions of this paragraph are intended to come within the safe harbor provisions of Revenue Ruling 2004-64. Accordingly, the

UITIES AND ULTIMATE BENEFICIARIES 16 SEVENTH: POWER TO ACQUIRE 18 EIGHTH: TRUSTEE PROVISIONS 19

st under this Clause for which an election is made by LEON's Executors to qualify for the marital deduction. Any trust principal passing under this Clause which LEON's Executors elect to qualify for the marital deduction for either state estate tax purposes or Federal estate tax purposes, but not both,

st in the enforce- ment of that rule. New England Power Co., supra, 693 F.2d at 245; A s Nursing dr H

m might commit in the future. In so doing, the Court stated: Appellee's argument assumes the exist- ence of a periphery of the Self—Incrimi- nation Clause which protects a person against incrimination not only against past or present transgressions but which supplies insulation for a career of crime