This memorandum outlines the principal provisions of the Amendment and Restatement of the Black 2006 Family Trust Agreement, including the trust fund's assets, governing law, dispositive provisions, trustees, administration, and tax consequences. The trust holds assets over $1 billion and is governed by Delaware law. It includes provisions for distributions to beneficiaries, termination upon the death of the survivor, and tax implications such as gift tax, GST tax, estate tax, and income tax. The memo also includes IRS compliance notices.
documents/EFTA00587834.pdf
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