- 24 - Q: You said that if the money wasn’t sufficient from her [decedent’s] share of the partnerships to pay for her needs, extra funds would come out of your share, your sister’s share and your brother’s share? A: Yes. And that’s why my sister and I purchased shares. * * * When we came up with the agreement for the limited partnerships, it was the thing that anybody ever agreed to; the three of us finally agreed to something. Judge Gould sat at a table with us months, every day for three weeks straight. She sat at the conference table with us and worked this out with us. * * * * * * * Q: Now, you testified on direct that your mother had the right to income from her share, correct? A: Yes. Q: But you also testified earlier that if there hadn’t been enough income from her share, she would have been able to get the income from your share and your sister’s share? A: Yes, I did say that. I would have given my mother money to take care of her living. It was from my share and personal assets. Q: So, that if she had had an extraordinary expense in any given month, like an un-reimbursable medical bill, you would have paid it, right? A: Yes, I would have. Q: And you would have sought reimbursement from that expense from Mr. Goldman first? A: Yes, I would have. Q: And if it absorbed all of the income from the partnerships for that month, Mr. Goldman –- you still would have asked for it from Mr. Goldman, right? A: I would have asked for it. Q: And he would have paid it? A: Yes.Page: Previous 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Next
Last modified: May 25, 2011