Roy De Thatcher ne Mrss Olsen and inheritance there and are I are some as the other us and how having you advantages matters on primarily interested tax advantages income taxes. December that in retaining 26, the definite our trusteeship affords. tax advantages, We my, gia but these are how heavily not so estate 1936. Then, estate too, important taxes to us fall upon unprepared we/for theme So with this in mind we shall appreciate suggest a substitute plan whereby we may keep these various tax and eat the same time simplify your problem in arranging the other the royalty trusteeship. Let me have your detailed suggestions, bea¥ing in mind simply in the that we are not tax advantages interested and in any certain plan as aplan, conservation advantages that result but there= LP OMe { can obtein vasignation of the two trustees serving with me in the Browning ~Olgen Trustees Lids, and substitute Val and Warriner and I shail do this by the end of the present year, provided Val and Marriner are willing $0 accept of such appointment. tlany trust counselors Therefore, here recommend thia that fear may a brief be allayed. preliminary agreement be drawn stating what is agreed shall be done relative to the arranging for the final trust without disclosing any confidential information and then file such preliminary agreement lish a date for in the court house the action and agreement of the various great without this then it not be done. I have not in order to estab- interested persons. Then the formal contract of trust may be drawn leisurely and still all tax advantages be obtained as of the date of the preliminary agreement. However, in the case under consideration, if the tax advantages will be Just as I hope "ith best wishes omitted any need essential for the New Year, matter in this reply. I remain, Sinserely yours, Joseph Es Olsen CS. tfler the RIAN both eS Ai SSNS Dae a gee ge ONES Cn Wee. feo futicns ?