No Way Out by Cara Hunter

Author:Cara Hunter [Hunter, Cara]
Language: eng
Format: epub, azw3
ISBN: 9780241283523
Publisher: Penguin Books Ltd
Published: 2019-03-22T00:00:00+00:00

Last Will and Testament

This is the last will and testament of Horace Zachary Esmond, of Felix House, 23 Southey Road, Oxford.

1 I appoint as the Executors and Trustees of this my Will (‘the Trustees’) the partners in the firm of Rotherham Fleming & Co of 67 Cornwallis Mews, Oxford.

2 In this Will, where the context admits:

i. Beneficiaries’ shall mean my son Richard Zachary Esmond, his children, and their subsequent issue;

ii. ‘Property Beneficiary’ shall mean my son Richard, and upon his death, his oldest surviving son (or if none, daughter), and so on for each succeeding generation;

iii. ‘Property’ shall mean Felix House, 23 Southey Road, Oxford;

iv. ‘Residual Property’ shall mean all of my property and assets, personal and commercial, with the exception of the Property.

3 The Trustees must hold the Property on trust for the Property Beneficiary for the term of his life, and allow him to occupy the Property rent-free so long as he (i) pays all outgoings on the Property; (ii) keeps the Property in good repair; and (iii) keeps the Property insured in the Trustees’ name and to their satisfaction.

4 Subject to clause 5 below, the Trustees must not sell the Property.

5 In circumstances where (i) the Property Beneficiary dies without any surviving issue, or (ii) the Property is required to be demolished (whether due to fire, flood, subsidence, act of God, or a compulsory purchase order of a Local Authority or other public body in accordance with statute or otherwise), the Trustees shall sell the Property and distribute the proceeds to each of the Beneficiaries in equal parts.

6 The Trustees shall, after paying all debts, funeral and testamentary expenses and Inheritance Tax on all property that vests in them, distribute the Residual Property to my son Richard Zachary Esmond.

Testimonium and Attestation

Dated this 14th day of April, 1965.

Signed by the above named Horace Zachary Esmond as and for his last Will in our presence and by us in his.

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