His creditors threatened to force him into personal bankruptcy, and his first wife, Ivana, wanted"a billion dollars" in a divorce settlement, Donald Trump said in a deposition. So he sent an accountant and a lawyer to see his father, Fred Trump Sr., who was told he needed to immediately sign a document changing the will according to his son's wishes, according to depositions from family members.
With the election weeks away, the documents and recordings provide more fodder for Mary Trump's continuing efforts to see her uncle defeated by Democrat Joe Biden, whom she has said she would do"everything in my power" to elect. In other taped conversations, referring to immigration policy and other matters, Barry said President Trump has"no principles" and"you can't trust him.
By the end of 1990, Donald Trump's financial problems were spiraling out of control, and he increasingly looked to his inheritance as his salvation. Still, the debts kept mounting, and Trump relied even more heavily on the man who had repeatedly bailed him out: his father. Fred Trump Sr. sent a lawyer to one of his son's casinos with a check for $3.35 million, which paid for 670 gambling chips worth $5,000 apiece, according to a New Jersey regulator's report. The maneuver funneled desperately needed cash into the casino.
The codicil, reported by the New York Times in 2018 as part of its investigation into the family's tax-avoidance measures, also was designed to protect Donald Trump's inheritance from efforts to seize it by creditors and Ivana. After Fred Trump Sr. refused the request to sign the document, he called Barry. Fred Sr. later met with his daughter, showed her the proposed codicil and said he was annoyed at the way Donald had tried to use two trusted advisers to get him to"sign it immediately," according to Barry's deposition in the 2000 case.
A. I think the presentation was not handled properly and he didn't know Mr. Valente, didn't feel comfortable having a lawyer that he never met putting a codicil in front of him and that was it. He wasn't happy about it and I blame myself for that because I think the presentation was probably, in retrospect, not done right but I had a lot of things on my mind at that the point and this is not the biggest thing at all.
Mary and Fred III went to court in 2000 to argue that Fred Trump Sr. was not of sound mind when Donald and his siblings sought changes in the will in September 1991 that led to their effective disinheritance.
Bullshit fake news
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