📄 Extracted Text (254 words)
the name of any Trustee and remove part or all of the contents of any such safe
deposit box and release and surrender the same.
15. To remove the assets of the Trust to, or hold and
administer any such assets in, such location or locations within or without the
United States Virgin Islands as any Trustee, in his or her discretion, shall select.
16. To make, or refrain from making, elections permitted
under any applicable tax law, without regard to the effect of any such election on
the interest of any beneficiary of the Trust and, if any such election shall be made,
to apportion, or refrain from apportioning, any benefits thereof among the
respective interests of the beneficiaries of the Trust, all in such manner as any
Trustee shalt deem appropriate.
17. To exercise all authority, powers, privileges and
discretion, conferred in this Article after the termination of the Trust created under
this Trust Agreement and until all of the assets of the Trust are fully distributed.
B. No person or party dealing with any Trustee shall be bound to
see to the application of any money or other consideration paid by them to such
Trustee.
C. Neither the principal nor the income of the Trust, nor any part
thereof, shall or may at any time be liable or subject in any manner whatsoever to
the debts or liabilities of any beneficiary entitled to receive any principal or income
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0054813
CONFIDENTIAL SDNY_GM_00200997
EFTA01364287
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EFTA01364287
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