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proceeding purportedly settled the case for $1,370,734; i.e.,
$1,486,000 less an offset of $115,266 in connection with the
estate's payment of the shortage. Under the terms of the
"settlement", the estate was required to pay Ms. Trompeter the
amount stated therein by the earlier of (1) June 15, 1996, or
(2) 90 days after the estate recovered possession of the 191 gold
coins from Superior. On or around December 4, 1996, the superior
court entered judgment against the estate for $1,370,734 plus
interest from August 1, 1993, at a rate of 3.6 percent compounded
semiannually through and including December 1, 1996. To date,
the estate has not paid any of the judgment. The estate deducted
$1,486,000 on the decedent's Federal estate tax return for Ms.
Trompeter's claim.
A second claim against the estate was filed by Vivian
Ballard Wong (Ms. Wong). She had a personal relationship with
the decedent, and they had planned to marry. Ms. Wong filed a
creditor's claim against the estate based on the decedent's
alleged promise to transfer one-third of his estate to her. The
claim was settled for $70,000.
A third claim against the estate was filed by Joe Pasko
(Mr. Pasko), the son of a female former acquaintance of the
decedent. Mr. Pasko filed a creditor's claim against the estate
on January 14, 1993, alleging that the decedent had agreed to
allow him to sell the decedent's diamonds, jade and ivory
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