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The language of the trust documents reflected language
typical of abusive, sham trusts. It provided generally that the
trusts would pay for “living” and entertainment expenses of trust
officers. It provided further as follows:
ALL MINUTES of this trust are inviolable. That is to
say, that this trust's minutes are to remain ABSOLUTELY
PRIVATE and they are not to be loaned, borrowed, read,
or disclosed by ANYONE. Moreover, ALL MINUTES are
beyond the purview of any person, other than the
Trustee(s), as evidenced by the following decision of
the U.S. Supreme Court: The Trustees for the Trust
Estate have all the power necessary to carry out their
trust and their books and records are NOT subject to
review or subpoena Duces Te Cum * * *
At the time the trusts were established, the name on the
bank accounts that Alsop used in connection with his chiropractic
practice was changed to the name of one of the trusts. With
regard to charges for services Alsop provided to patients of the
chiropractic practice, Alsop instructed the insurance companies
to make the related payments not to him, but to the trusts.
Other than these two changes, after the trusts were established,
Alsop continued to conduct the chiropractic practice and to treat
patients under the same business name, at the same office, and in
the same manner as he in prior years had treated the patients.
Alsop and his secretary continued to sign the checks relating to
the chiropractic practice.
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Last modified: May 25, 2011