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invisible to the public and to persons with whom decedent and
Hillgren did business.
On May 27, 1997, decedent executed seven quitclaim deeds,
transferring her interest in the LKHP properties to the amended
trust. The deeds were unrecorded at the time of her death. Also
on May 27, 1997, decedent assigned her partnership interest to
the amended trust.
2. Operation of LKHP
The partnership agreement provided that the general partner
need not open a bank account in the name of the partnership, but
could instead maintain the existing bank account that was used by
Sea Shell and the amended trust. As a result, LKHP did not have
a dedicated bank account during decedent’s lifetime. Decedent
held a bank account at Wells Fargo Bank (Wells Fargo) that
operated under the name of the amended trust, doing business as
Sea Shell. The Wells Fargo account was used for operation of
LKHP.
LKHP’s financial statement dated June 5, 1997, and its
general ledger from January 1 through June 30, 1997, included
decedent’s residence, the mortgage on her residence, and the
mortgage and property tax payments that were made on the
residence. Decedent’s residence and the expenses attributed to
the residence were removed from the ledger in a journal entry by
an adjustment dated January 1, 1997. The adjusted journal entry
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