Appendix Form #8

• Author: Jerold I. Horn
• Profession: Lawyer
• Pages: 757-763

757

Appendix Form #8

[Will. Companion to Form #7. Use the variables that are marked “1” to accommodate

conservation of business interests and qualication for Code Section 2032A. Use the

variable that is marked “2” to exercise a power of appointment, for the benet of the

spouse of the donee of the power and subsequently for the benet of descendants of the

donee of the power, that is not subject to any perpetuities rule.]

W I L L

I, RICHARD H. DONALD, of Peoria, Illinois, make this my Will and revoke all

prior Wills and Codicils.

Article I

Charges and Taxes

My Executor shall pay the expenses of my last illness and funeral, costs of admin-

istration with respect to property wherever situated passing under this Will or

otherwise and other proper charges against my estate. My Executor also shall pay

the estate and inheritance taxes (including any interest and penalty) that are payable

because of my death. My Executor shall make the payments, without apportionment

or reimbursement, from principal of my estate as an expense of administration.

Notwithstanding the preceding portion of this Article,

(A)

1 [Except as set forth in subsection (C) of this Article,]

I do not waive the right to reimbursement according to Section 2207 of the

Code (and corresponding provisions of state law), and any corresponding right

to apportionment, of the taxes (and, whatever the source of the rights, of any

interest and penalty) that are payable because I have a power of appointment;

(B) My Executor shall pay, and I waive the right to reimbursement accord-

ing to Section 2207A of the Code (and corresponding provisions of state law),

and any corresponding right to apportionment, of, the taxes (and, whatever

the source of the rights, of, any interest and penalty) that are payable because

I have a qualifying income interest for life, to such extent (if any), and only

to such extent (if any), as