income therefrom and pay said interest and income therefrom quarterly to my said daughter-indaw, Anna Eleanor Roosevelt, during the term of her life, and at her death I give and bequeath the principal of said fund and all unappropriated income therefrom to my son, FRANKLIN D. ROOSEVELT, and if he be deceased I give and bequeath the same to his children in equal shares. Said Trustees shall hold the remaining five parts of said one-tenth of the residue of my estate as separate Trust Funds, one fund for the benefit of each one of my five grandchildren. Said Trustees shall invest, re- invest and keep invested and keep separate each of said funds and collect the interest and income from each of said funds and accumulate and hold the interest and income from each fund until the beneficiary thereof attains the age of twenty-one years. As each such beneficiary respectively attains the age of twenty-one years, said Trustees shall pay to him or her all the accumulated interest and income on his or her fund and said Trustees shall continue to hold the principal of said fund In Trust for such beneficiary and pay the interest therefrom quarterly to such beneficiary until he or she attains the age of thirty years. As each such beneficiary respectively attains the age of thirty years, the principal of his or her fund and all unappropriated income therefrom shall be paid over to him or her, to whom I thereupon give and bequeath the same. In every case wherein a beneficiary of a fund who may be under twenty-one years of age shall need any portion of the income from his or her fund for his or her proper maintenance, education or support, I direct my said Trustees to use and apply such portion of such income for the proper maintenance, education or support of such beneficiary as shall be necessary for such purpose during the minority of such beneficiary. |