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Sample Last Will and Testament Including Spendthrift Clause

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Sample Last Will and Testament Including Spendthrift Clause
LAST WILL AND TESTAMENT
OF
EMMY H. JOHNSON

I, EMMY H. JOHNSON, of Columbus, County of Franklin, state of Ohio, make this my Last Will and Testament, hereby revoking all earlier wills and codicils.

ARTICLE I

I direct that all of my funeral expenses and the cost of the administration of my estate be paid out of my residuary estate as soon as practicable after my death.

ARTICLE II

I give, devise, and bequeath one million two hundred and fifty thousand dollars ($1,250,000) in government issued bonds to my niece, SUSAN B. JOHNSON, if she is living on the thirtieth day after my death.

ARTICLE III

If my niece, SUSAN B. JOHNSON, is not living on the thirtieth day after my death, I give and devise her share of my estate, to her issues in equal shares per stirpes.

ARTICLE IV

I nominate and appoint, NATHAN T. BROWN, as trustee of all trusts created hereunder. If he is unwilling, unable, or ceases to serve as trustee, JOHN G. STEPANOPAWITZ shall serve as successor trustee, and if the successor trustee or any other trustee is unwilling, unable, or ceases to serve as trustee, PETER H. FRAMPTON shall serve as successor trustee. If there is a vacancy in trusteeship for which no successor has been appointed under this paragraph, the adult beneficiaries entitled to receive a majority of the income may appoint, in writing, a successor trustee.

ARTICLE V

I give, devise, and bequeath the sum of one million two hundred and fifty thousand dollars ($1,250,000) in government issued bonds to NATHAN T. BROWN, in trust, to be administered and distributed for the benefit of my nephew THOMAS G. JOHNSON, if he is living on the thirtieth day after my death.

ARTICLE VI

The beneficiary of this trust, THOMAS G. JOHNSON, is restrained from anticipating, assigning, transferring, selling, or otherwise disposing of his interest in the trust estate, and the beneficiary is without power to anticipate, assign, transfer, sell, or otherwise dispose of his

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