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Future division into shares after providing for annuities

Future division into shares after providing for annuities.

The rest, residue and remainder of my estate, real, personal and mixed, I give, devise and bequeath to my executors named below in trust, to manage and dispose of as directed in this instrument, the executors to have power to sell and convey any and all stocks and securities and any real estate not specifically devised in this instrument, according to their best judgment whenever necessary or desirable, and to reinvest the proceeds of such dealings, or any other funds, in other securities or in real estate, but except for the payment of the bequests above set forth, the estate is to remain intact until _________[date], upon which date, or as soon thereafter as possible, my executors shall set apart and retain whatever real estate or securities may seem to them necessary to yield sufficient income to insure and protect the payment of the annuities provided, and the remainder of the items comprising the estate shall be separately estimated and appraised and the whole divided into eight equal parts or shares, one share to be allotted to each of my five children above named and be delivered over to them absolutely, or in the event of the death of any of them before the stated date, then the share of such child or children so deceased shall be delivered to the lawful heir or divided among the lawful heirs of the child or children so deceased. The remaining three parts or shares shall be retained by my executors in trust and managed by them and the income paid to my wife, _________, so long as she shall live, and upon her death the three parts or shares and the remainder of my estate, if any, after my executors shall have set apart and retained whatever real estate or securities may seem to them necessary to yield sufficient income to insure and protect the payment of any annuities provided and then remaining to be paid, shall again be separately estimated and appraised and shall be divided into five equal shares, one share to be allotted to each of my five children and to be delivered over to them absolutely, or in the event of the death in the meantime of any of them, then to the lawful heirs of the child or children so deceased, as set forth. In the divisions provided for above, the parties entitled to receive parts or shares shall, if possible, agree among themselves as to which particular part or share each one shall have, but in the event of their failure so to agree, the distribution shall be made by lot.



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