The 2001 Trust
owns the property in the Caribbean. The trustees attribute a value of $14.8 million to this property. The husband believes the value to be in excess of $40 million. This trust is a defendant to the civil litigation. The wife’s mother is the principal beneficiary during her life. Upon the death of both of the wife’s parents, the trust is divided into equal shares to provide a share for each of the wife’s father’s children as principal beneficiary of their share. The trustees are required to pay the net income, principal or both to the principal beneficiary and her lineal descendants, with first consideration being given to the principal beneficiary’s needs.39.