Originally published by State Bar of Texas.
From Robinson C. Ramsey of Wharton, this excerpt from a deposition in a divorce case; Rob is questioning the husband about a family estate trust that wenty awry.”
Q. When did you find out it was not the right thing to do?
A. When I wound up in jail.
Q. When was that?
A. I don’t really remember when that was, I don’t remember.
Q. Do you remember approximately how long it was from the time you initially set up the trusts?
A. I don’t know if that was a couple of years after that, or I really don’t remember when that was.
Q. What were the circumstances that led to your winding up in jail?
A. It was – we were trying to, for lack of better words, hide income. In other words – and in doing that, we got audited … It started when we got audited, and then the IRS agent that came to the house.
Curated by Texas Bar Today. Follow us on Twitter @texasbartoday.
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