“It was basically taking the whole estate and giving it to Donald,” Trump’s
sister said in secretly recorded audio.
Donald Trump was facing financial disaster in 1990 when he came up with an audacious plan to exert control of his father’s estate.
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 his will per his son’s wishes, according to depositions from family members.
It was a fragile moment for the senior Trump, who was 85 years old and had built a real estate empire worth hundreds of millions of dollars. He would soon be diagnosed with cognitive problems, such as being unable to recall things he was told 30 minutes earlier or remember his birth date, according to his medical records, which were included in a related court case. Continue reading.