IRS TARGETING ABUSIVE TRUST SCHEMES
Fraudsandscams.com reports: “A Trust is a form of ownership in which a Grantor (also called a Settlor) transfers an asset to a third party Trustee who manages that asset on behalf of the Beneficiaries. … Trust documents are drafted in compliance with the Internal Revenue Code, §§ 641-683. Trusts are typically used in estate planning as a way to transfer assets, protect assets, or hold and manage assets for the benefit of minors, or others who cannot responsibly manage their own affairs. … The IRS Criminal Investigations Division is actively, and aggressively targeting these Abusive Trust Schemes. The IRS has made every effort to warn taxpayers to investigate lawyers, accountants and other professional trustees.” E34
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Eduardo Cukier Curtis Mallet partner
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CURTIS MALLET VIOLATES FEDERAL IRS COMPLIANCE ALLEGEDLY TO LOOT THE KEVIN J COLLINS REVOKABLE TRUST UNDER THEIR POSSESSION AND CONTROL
The Kevin J Collins dubious wills/trusts documents were constructed in New York City Curtis Mallet offices for Florida export. As we are seeing, they are rife with Curtis Mallet self dealing, conflict of interest and other criminal perpetration. The Curtis Mallet self-serving honey pot was allegedly created to loot assets and otherwise misappropriate trust assets. Neither mistake nor inadvertence can be an excuse. The trust page 5 (C) (2) CM KJC Revokable Trust distinctly and prohibitively says: “no Trustee may engage in self-dealing as defined in USA Internal Revenue Section 4941(d)” There is no room for plausibility of denial.
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Claudia Frutos-Peterson
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REVOCABLE TRUST ABUSES
Faudsandscams.com reports: “A revocable trust is a vehicle that is very helpful in avoiding probate. Probate is the process in which the court oversees the distribution of property that belongs to a deceased person at the time of death, after all the deceased’s debts and taxes have been paid. During grantor lifetime, they can transfer ownership of grantor assets to a revocable trust so that the assets are owned by the trust at the time of grantors death and therefore not subject to probate. A grantor, settler or trustee deposits their assets within these shells to be controlled by them or another appointed by them as trustee. The maxim is to never appoint a lawyer or an accountant as trustee singularly in that they can then use the trust to pilfer assets through fees or other charges outside the trust regulations.” E35 On or about early 2003 Kevin J Collins was advised by Curtis Mallet to reduce his New York real estate taxes upon his death by initiating a questionable revocable trust. Curtis Mallet allegedly saw an opportunity to convert possession and control over Kevin J Collins estate in their favor. Kevin J Collins Revocable Trust 2003. All documents were created in New York State and as such are a matter within public venue subject to both Federal and New York State scrutiny. Attorney General Eric Schniederman’s office has already assumed responsibility. New York State laws provide Curtis Mallet mandatory accountability and transparency with regard to the TRUST. This has not happened. Many of the continuing actions, but not necessarily all, mentioned herein occurred while a mentally unstable Kevin was on his Palm Beach, Florida deathbed and his wife Louise in Miami, Florida Mt Sinai Hospital intensive care.
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Mark Barth Curtis Mallet Partner
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CURTIS MALLET TRUST IRREGULARITIES
Among other things but not necessarily all, Curtis Mallet negligently did not perform due diligence on the Southampton, New York property taxes for years. Only when a Louise Collins realtor friend noticed the trust was paying proportionally 1/3 more than neighbors in taxes did the realtor hire a local lawyer. Upon hearing of this hiring, Curtis Mallet partner Robert W Sheehan disruptively insinuated himself adding another layer of churning fees for the initial Curtis Mallet incompetence correction. Again, Curtis Mallet made money off of their own incompetence. Furthermore, Curtis Mallet Partner’ and his stockbroker son created a one employee Round Oak Capital alleged shell company. Curtis Mallet then unilaterally inserted all of Kevin J Collins Revokable Trust assets in their possession and control within the alleged shell company. It was allegedly the only substantial asset in the alleged stock LLC shell company. Curtis Mallet Partner then created a portfolio Kevin J Collins Trust portfolio not meant for elderly such as Louise Collins. It is alleged millions of the Kevin J Collins Revokable Trust assets have disappeared. A mandatory Curtis Mallet accountability of the Kevin J Collins Revokable Trust assets is said to be forthcoming for the SEC, IRS et al compliance.
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LOUISE G COLLINS RETAINS A REPUTABLE NEW YORK CITY LAW FIRM
Unlike Curtis Mallet, Mc Laughlin & Stern are considered very capable due diligence oversight of their Wills/Trusts Department. We are introduced to them through the curt letter to Curtis Mallet partner Robert W Sheehan. It is not know exactly how many lawyers work in the Wills/Trusts Department of Curtis Mallet, other than partner Robert W Sheehan. No one has ever gotten a straight answer. In any event, McLaughlin Stern attorneys commenced with their scrutiny of Attorney Sheehan’s repetitive criminal violations otherwise neglected at Curtis Mallet.
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CURTIS MALLET AND PARTNER SHEEHAN RETAIN FIRM ATTORNEYS DELANEY AND ALBRIGHT
Robert W Sheehan retained Curtis Mallet attorneys Nancy Delaney and Tina Albright to represent him regarding the charges against him. We see the usual initially expressed conviviality.
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LOUISE COLLINS BECOMES DISTRAUGHT AT CURTIS MALLET
Curtis Mallet Partner’s in-house firm attorneys representing both him and Curtis Mallet initiate vitriolic statements as a defense of Sheehan and Curtis Mallet. It is unknown if these two attorneys are representatives of the Curtis Mallet Ethics Committee. Nancy Delaney makes written comments presumably conveying the desperation of Curtis Mallet partner Sheehan. Prior to McLaughlin & Stern representation of elderly Louise G Collins Curtis Mallet’s Sheehan would call Louise and create churning chit chats about female gossip, Louise’s clothing, jewelry et al. Louise considered Robert W Sheehan a gossip friend and somebody to tell her what dresses and jewelry to wear. Sheehan knew elderly Louise did know how to use either a cell phone or a computer. It was only after the scrutiny of present elderly husband Herb that the lengthy chit chats were considered billable hours by Curtis Mallet. The only evidences were the exorbitant billing fees from Curtis Mallet. Sheehan was able to deny this and other unnatural events for there had been no written evidence. When confronted by Louise for an explanation requested by elderly husband Herb, Sheehan left several presently existing telephone tantrum messages castigating Louise and her husband Herb. These tantrum messages contradict emails and letters generated by Attorney Nancy Delaney on Sheehan’s and Curtis Mallet’s behalf. There are clear misstatements of the truth made by Curtis Mallet partner Robert W Sheehan. The presence of McLaughlin & Stern has now brought transparency to otherwise unexplained criminal violations. We now see a frightened Sheehan blaming a successful and well respected Inverness Capital, husband Herb for making elderly Louise aware of the various unexplained schemes et al. We see a Louise G Collins distraught Louise blaming herself for her own naivety. We now see a mad Louise reading Curtis Mallet generated untruths and correcting them. All of the hand written comments upon the letters and emails upon the exhibits are solely in Louise G Collins hand writing only. They are her critiques of Sheehan generated misinformation through the representation of his Curtis Mallet lawyers.
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Letters to Director:
Director: I’m at Columbia Law School in my third year. We’ve been talking of ways you can use to get more exposure for your well reviewed newsletter. We’re trying to figure out what you should be doing for more presence in the law schools. Have you thought of emailing all of the law schools in the US as well as the World. The international law school students should know the tricks used by US lawyers like Curtis Mallet, especially Skype international Wills & Trust lawyers like the partner at Curtis Mallet. Give us a break. Did this guy really go to Columbia Law? — Columbia Law 3rd year student
Dear Director: Our law review had a meeting where your issues were brought up. We find it demoralizing to learn of the slime law practiced in New York City. It reminded us of the Godfather where Pacino says the higher he goes the more criminal it gets. We like the incident of a “youthful” Jackson being taught how to steal elderly Louise Collins assets from their closets while in another room having her elderly husband sign wills & trusts documents converting the elderly assets to Sheehan’s family possession and control. We now see someone we should respect and admire like New York AG Schniederman start to slime up for the occasion. — BU Law
Dear Director: First of all, we admire the righteous works you are attempting to accomplish. Law students should receive guidance of this reality while in law school. We receive reality lectures at Brigham Young Law before we endeavor to go to Washington or New York City. As worldly naive youth, we are given mentoring and guidance from other area Mormons when we arrive. There are a large number of Mormons in the Washington area. If we didn’t have this safety net we would be at the mercy of these unethical lawyers and politicians permeating our profession. They would endeavor to destroy us. BYU Law Grad
Dear Director: We’re an elderly couple living in Darien, CT. We read your newsletter and love it. Our friends all like how you “tell it like it is”. We’re all afraid of being victims like elderly Louise and Kevin Collins. — Darien, CT elderly
Gentlepersons: We love how you expose a certain Curtis partner criminal act and watch to see how he is going to wiggle out of it. Your newsletter is enjoyed by many of our area law firms. We don’t have this New York City and Washington culture out here. This is why we advise our clients to stay away from those area law firms. You make our job much easier because we just tell them to read internalrevenue.org. — Seattle law firm fans
Editor: We have many Asian clients who we advise. We occasionally bump into Curtis Mallet. Those we have met and/or had legal business were considered sophisticated and respected. How can they have law firm lawyers like Friedman and Sheehan as attorneys, let alone partners? We like the one about the Curtis attorney saying he is a wills/trust international lawyer because he uses Skype. That has made the rounds. We want that for a few law journals. Can you et more on that incident? — San Fran law firm avid readers
Director: You mus’nt give up your investigations of Curtis Mallet (herein Curtis). We’re relying on your expanding exposures of their continuous criminal acts upon elderly clients. Curtis is a representative of New York City law internationally. From what you write, it is a disgrace they would defend the actions of attorneys Sheehan, Friedman and others of their ilk within the their law firm against unknowing US elderly and international company clients. We must alert these clients. Do you have a list of their clients? — Law Firm, Washington, DC
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Dear Readership:
How many other elderly have suffered at the hands of unethical Wills/Trusts lawyers. If our ever increasing readership popularity numbers are correct, many. Our readership emails are primarily from other law firms and concerned elderly USA citizens.
We periodically revise our issues to set forth information enhancing our readership knowledge as we obtain further information from our readership and reliable sources. It is like filling in a puzzle with further evidentiary information. Everyone gets a chance to add a piece of information to the puzzle completion. This has become decisive to our attorney readership antagonized by Curtis Mallet behavior in covering for yet another known bad apple amongst their midst. This has become frustrating for some readers not use to modifications of past issues. We have found this capability highly beneficial since it further substantiates specific clear and apparent criminal acts. Every known evasive move the perpetrators are exposed. One gets the gist of their devious actions by reading of their exploits.
We saw in issue 1 Sheehan successfully used a scheme before the New York Supreme Court whereby Sheehan was Pavlovian rewarded. We are now seeing the same behavior in attempting to use New York Attorney General Eric Schneiderman’s office to his profit. Robert W Sheehan has boasted the questionable use of government officials in Palm Beach County, Florida. We know some of these uses relevant to the Kevin J Collins Estate questionable activities.
info@internalrevenue.org