Trust Document Extract - Appointment of Trustees
An extract from the trust document detailing the appointment procedures and list of beneficiaries.
2 of those shares to Sherry Anne Brooks if she survives me; 2 of those shares to Terry Lee Orr if she survives me; 2 of those shares to Gordon Charles Adams if he survives me; 2 of those shares to Beverley Andrea Main if she survives me; 2 of those shares to John Willy Adams if he survives me; 2 of those shares to Marlene Diane O'Neill if she survives me; 2 of those shares to Charlene Dawn Adams if she survives me; 1 of those shares to Penny Louise Lambert ( Shular) if she survives me;
except if any of the beneficiaries dies before the original beneficiary, the share or shares of the deceased beneficiary will be divided equally among those of the beneficiaries who are alive at the date of the original beneficiaries death.
APPOINTMENT OF TRUSTEES
If the Original Trustee is unwilling or unable to continue to serve as Trustee hereunder, the Settlor appoints Darlene Evelyn Grigull and John Willy Adams to serve as Trustees without the approval of any court.
If Darlene Evelyn Grigull and/or John Willy Adams is unwilling or unable to serve or continue to serve as Trustee, the power of appointing trustees is exercisable by the Settlor during her life by will or deed, and after her death, by Darlene Evelyn Grigull during her lifetime by will or deed.
The unwillingness of a Trustee to continue to serve will be evidenced by:
a) during the Settlor's lifetime, a written Resignation delivered (personally, by courier or by certified mail) to the Settlor, effective on the date of the Resignation; and
b) after the Settlor's death, a written Resignation delivered (personally, by courier or by certified mail) to the adult Beneficiaries, effective on the date of the Resignation.
The inability of a Trustee to continue to serve will be evidenced by:
a) the written opinion of a physician licensed to practice medicine under the laws of the jurisdiction of the trust that the person is unable to manage his or her own financial affairs;
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