Community Property – In the Absence of Direction Sample Clauses

Community Property – In the Absence of Direction. To the extent the Trustees receive no direction for payment or accumulation of net income by either or both of us, the Trustees shall pay to or use and apply for our benefit, as community property, all of the net income of the community property trust estate. Notwithstanding anything herein to the contrary, if at any time or times either or both of us become incapacitated, the Trustees shall pay to or use and apply for the benefit of the incapacitated Settlor or Settlors so much or all of the net income of the community property trust estate as in the Trustees' discretion is necessary for the Settlors’ comfort, health, support, and maintenance in their accustomed standard of living, including medical expenses and the expenses of hospital, nursing, and institutional care. Any net income not so used shall be accumulated and added to principal.
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