FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / dynasty-trust-beneficiary-schedule.docx
dynasty-trust-beneficiary-schedule.docx · 1034-00004

Parties

Meridian Crest Partners LLC
Fairchild LLP
M. Hartfield
Estate Tax Inc
Harkness LLP
Stonecrest Realty Holdings LLC

Dates

April 1, 2023
December 31, 2023
March 15, 2023
April 15, 2023
April 15, 2025
May 1, 2023
May 1, 2026
June 1, 2023
June 1, 2026

Amounts

$100,000
$5,000,000
$12,920,000
$60,000,000
$32,195,122
$80,000,000
$29,375,859
$38,000,000
$13,953,759
$178,000,000

Obligations

In the event of any conflict between the provisions of this Schedule and the Trust Agreement, the Trust Agreement shall control, except to the extent that a provision of this Schedule expressly supplements or provides additional detail not addressed in the Trust Agreement, in which case both instruments shall be read together to give full effect to the Grantor's intent
The determination of whether any individual qualifies as a Beneficiary shall be made by the Co-Trustees in their reasonable discretion, subject to the provisions of this Schedule and the Trust Agreement
The term "Descendant Beneficiary" shall encompass all generations of descendants in perpetuity, consistent with the perpetual nature of the Trust under Delaware law
An Eligible Spouse's eligibility for distributions is limited in scope and shall not extend to broader discretionary distributions, membership on the Distribution Committee, or any power of appointment under the Trust Agreement
The HEMS standard as applied under this Trust is intended to constitute an ascertainable standard within the meaning of the Code, and the Co-Trustees shall exercise their discretion in making HEMS distributions in accordance with the Trust Agreement
(f) "Distribution Committee" shall mean the committee composed of: (i) Thomas R