Common use of Estate of Grantor Clause in Contracts

Estate of Grantor. Notwithstanding the instructions in Article 4 with respect to the distribution of income and principal, the Trustee is authorized in its discretion to use the income and principal of the Trust, from time to time as follows: A. To purchase and to retain as investments any securities or other property, real or personal, belonging to the estate of the Grantor. B. To make loans or advances to the personal representative of the estate of the Grantor on such reasonable terms as it deems advisable. C. The Trustee is not obligated to see to the application of any funds paid over to the estate of the Grantor.