Amounts to Remain in the Trust Sample Clauses

Amounts to Remain in the Trust. The Trustees shall retain in the Trust such amounts remaining in the Designated Beneficiary’s account upon the death of the Designated Beneficiary as are specified in the Sponsor Agreement. Said amounts that are retained in the Trust, in the Trustee’s sole discretion, may be used (a) for the benefit of other Beneficiaries of the trust, (b) to add disabled persons, as defined in 42 U.S.C. §1382c(a)(3), to the Trust as beneficiaries ( c) to be used for the benefit of other individuals who are disabled and who are not beneficiaries of the trust in any manner and in the absolute discretion of the Trustee; (d) used for the benefit of charitable organizations, that help disabled individuals and that qualify as exempt organizations under section 501(c)(3) of the Internal Revenue Code (or corresponding section or any future federal tax code), including but not limited to the Wardwell, a non profit association, whose principal office is located in Saco, Maine; provided, however, that any such uses are consistent with the provisions of the affected sponsor agreement; and/or
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Amounts to Remain in the Trust. After the payment of the Designated Beneficiary’s funeral and estate administration expenses (including taxes and attorneys’ fees), as provided above, the Trustees shall retain in the Trust such amounts remaining in the Designated Beneficiary’s account upon the death of the Designated Beneficiary as are specified in the Sponsor Agreement, said amounts that are retained in the Trust, in the Trustee’s sole discretion, may be used (a) for the benefit of other Beneficiaries of the trust, (b) to add disabled persons, as defined in 42 U.S.C. §1382c(a)(3), to the Trust as beneficiaries ( c) to be used for the benefit of other individuals who are disabled and who are not beneficiaries of the trust in any manner and in the absolute discretion of the Trustee; (d) used for the benefit of charitable organizations, that help disabled individuals and that qualify as exempt organizations under section 501(c)(3)
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Amounts to Remain in the Trust. Any amounts remaining in the Beneficiary’s Trust Sub-account after payment of the expenses described in subparagraph
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