Decedent had a will with a number of codicils. His final will directed that real property and cash be held in trust for the benefit of his sole heir (Son) and Son's wife until their deaths, at which time the proceeds would be contributed to a charitable trust (Trust). Decedent's will also contained an in terrorem clause which provided that if any beneficiary challenged the will, his or her share of the estate would be used to fund the charitable trust. However, decedent's will was silent as to the disposition of the residue of his estate.
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Bill Russell grew up on the Great Plains. During his youth, he was a rodeo bull rider and gained fame as "Wild Bill" for his daring exploits. Wild Bill was an artist at heart and soon decided to move on to his artistic pursuits.
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On January 28, 2010, the Senate voted 60-39 to increase the Federal debt limit from $12.4 trillion to $14.3 trillion. The Senate resolution will now be sent to the House. It's expected that the House will also pass the same resolution and send it to President Obama for his signature.
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