Court of Appeals of North Carolina November 19, 1996, COA95-1325 (Central Carolina Bank & Trust Co. v. Wright)

EAGLES, Judge.

The threshold question here is whether the gift to the Cemala Foundation in section 5.08 of Article V of the amended trust agreement is a general bequest or a residuary devise. This distinction controls the total value of the estate shares to be received by the Cemala Foundation and the individual beneficiaries and the amount of estate taxes paid from the estate. The value of Mrs.