Estate of Lea K. Hillgren, Deceased, Mark Hillgren, Executor - Page 41

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          indicated that the University property had approximately                    
          $1.5 million in equity.  Hillgren represented in the BLA and                
          during trial, however, that the University property was                     
          “underwater” because the debt exceeded the equity at the time               
          that Hillgren and decedent entered into the BLA.                            
               5.  Conclusion                                                         
               The estate claims that decedent was “in excellent physical             
          health, on new antidepressant medication, and not contemplating             
          suicide” and that, therefore, the partnership was not an                    
          alternate testamentary vehicle.  The evidence contradicts this              
          claim.  Shortly before her death, decedent attempted suicide, was           
          on various medications, was under the care of a psychiatrist, and           
          suffered from severe pain due to degenerative disc disease.                 
          After her initial suicide attempt, LKHP was formed.                         
               Decedent and Hillgren started many businesses over the years           
          and disregarded entities as they saw fit, making various                    
          “situational representations”, i.e., statements about their                 
          property ownership and values to support a then existing purpose,           
          without regard to accuracy.  Even the stipulated facts contain              
          inconsistencies regarding entity names and dates of creation and            
          dissolution.  The stipulations of the parties were often                    
          contradicted by the documents that were provided by Hillgren.               
          Hillgren and the estate’s representatives continued to disregard            
          the LKHP agreement both prior to and after decedent’s death.                






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