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Summary of an Irrevocable Trust Article 6: Miscellaneous The Trust shall be administered in accordance with the laws of New York State. No money payable or distributable under this Trust shall be pledged, assigned, dissipated or encumbered by a beneficiary or remainderperson. Notices affecting the Trust must be given to all persons with a beneficial interest. Successor Trusts shall conform to the Rule of Perpetuities as defined in New York State.
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