Tax issues
I think we have to address this information, or we will be signing that all the false information they gave us is correct and risk to have more problems in the future.
We accept the agreement, but we don't have to accept their false information.
I should add that the only reason I don't want to go to Court is because I don't want to cause more stress to Noam. Otherwise, I would much prefer to go to Court and have all the issues clarified, as I see the non-clarification of them as potential future problems and accusations.
One of the main characteristics of so-called "postmodern" societies is to disregard the difference between objective and subjective, truth and lie, reality and fiction.
This case is a striking example of the contempt of objective reality by a large number of people who have preferred to believe the lie that coincides with their previous opinions. The famous "fake news" prevailed over reality, the belief about reason.
The attachment shows the Carol Chomsky Exempt Marita Trust, on December 31, 2014 with a market value of $2,502,581.
And the email copied below shows that the Lexington house was sold in May 2015.
Something is not right in their allegations.
First of all, thank you very much for solving this c=nstant and stressful situation in our life.
I would like to make some comments that I think are =f paramount importance.
We keep finding outrageous false information from Ma= and Harry, such as that the funds in the Marital Trust was only $1,000,00= until the Lexington house was sold and incorporated to it. This is = flat lie -- as the documents I sent you prove it (Bainco statement from December 2014 and Harry's e-mail from =ay 2015, when the Lexington house was sold).
Also outrageous to say that the Trust was providing = house to Noam, when the apartment in Cambridge was bought with half of a =ortgage with a commercial institution that we were paying monthly and with=half of the funds coming from a loan from the Marital Trust with the highest possible interest rate, when Noam =ould have bought it himself with the funds from his IRA, that was being di=tributed to them. The only reason for this loan from the Marital Tru=t was to have the apartment tied to the trust and not allow to have it as a jointly owned property with me, as=Noam requested many times. Requests very well documented in e-mails =xchanges.
There are numberless other examples of them acting i= bad faith and since it has been a pattern from them, with their father be=ng competent and productive, I have to express my concerns for the future,=if Noam and/or I become somehow limited in our cognitive capacities and they try to manipulate again or if Noam di=s before me and they contest Noam's will.
Although we preferred a settlement, if we would have=gone to court, much more would be discovered and we would have the documen=s that now we are missing to prove what had been done wrong. With th= settlement we won't have access to them anymore.
It seems to me that the moment requires that in thei= releases they acknowledge explicitly that they recognized all the gifts t=ey have received from Noam in the form of trusts for them, trusts for the =randchildren, the Lexington house, the Wellfleet house, royalties for children and grandchildren, payment of =xpenses, distributions from Noam's IRA to them, justifying the settlem=nt, and now the Marital Trust where Noam is waiving most of his rights to =t, and most important also correct through the documents that I provided (Bainco statement and the email from=Harry) that the Marital Trust in December 31, 2014 had a market value of $=,502,581, and that the Lexington house was sold in May 2015, therefore it =as not the proceeds from the house that elevated the assets of the Marital Trust from $1,000,000 to the curre=t value -- as they falsely stated.
It also should include that they recognize that the =oney that Noam was left with, it is for him to live his life with his wife= and that if some is left (hopefully Noam will live long enough to use it =11) they agree that Noam decided to leave in his will only to his wife, Valeria. Therefore with this settle=ent, they are not going to contest Noam's will or claim any additional=funds.
Could Richard K. talk to Vinc=nt about the release?
There is =lso a question about the loan that is going to be cancelled that will caus= us tax problems, because it will be considered as income, and Vincent is =oing to consult with a tax person to try to find a way to minimize it.
