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No transfer of assets to the Partnership began for about 2
months. Karen instructed Merrill Lynch to transfer all of Mrs.
Erickson’s assets it held, totaling over $1 million in
securities, to the Partnership’s account in July 2001. Karen
also instructed Wells Fargo to transfer over $500,000 of Mrs.
Erickson’s assets it held to the Partnership’s account. No other
transfers occurred before Karen went to visit Sigrid in Moscow in
September 2001, other than the execution of quitclaim deeds
relating to the Colorado investment condominiums.
Mrs. Erickson’s Failing Health and the Remaining Partnership
Transfers
When Karen returned from her Moscow trip, she visited her
mother and noticed that Mrs. Erickson was not feeling well.
Karen took Mrs. Erickson to the hospital on September 27, 2001.
Mrs. Erickson was suffering from a decreased level of
consciousness and pneumonia. The pneumonia did not appear to be
improving, and the family decided to opt for medical care to
simply keep Mrs. Erickson comfortable in accordance with her
wishes.
The following day, September 28, 2001, while Mrs. Erickson’s
health was failing, Karen scrambled to make transfers. Karen,
acting on behalf of Mrs. Erickson, executed a deed transferring
Mrs. Erickson’s Florida condominium unit to the Partnership.
Karen, acting as co-trustee of the credit trust, also signed a
trustee’s deed transferring the Florida condominium unit the
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Last modified: November 10, 2007