Trump, facing financial ruin, sought control of his elderly father’s estate. The family fight was epic

By | September 27, 2020

The Washington Post reports:

Donald Trump was facing financial disaster in 1990 when he came up with an audacious plan to exert control of his father’s estate.

His creditors threatened to force him into personal bankruptcy, and his first wife, Ivana, wanted “a billion dollars” in a divorce settlement, Donald Trump said in a deposition. So he sent an accountant and a lawyer to see his father, Fred Trump Sr., who was told he needed to immediately sign a document changing the will according to his son’s wishes, according to depositions from family members.

It was a fragile moment for the senior Trump, who was 85 years old and had built a real estate empire worth hundreds of millions of dollars. He would soon be diagnosed with cognitive problems, such as being unable to recall things he was told 30 minutes earlier or remember his birth date, according to his medical records, which were included in a related court case.

Now, those records and other sources of information about the episode obtained by The Washington Post reveal the extent of Fred Trump Sr.’s cognitive impairment and how Donald’s effort to change his father’s will tore apart the Trump family, which continues to reverberate today.

The recent release of a tell-all book by the president’s niece Mary L. Trump and the disclosure of secret recordings of her conversations with her aunt reflect the ongoing resentment of some family members toward Donald Trump’s attempt to change his father’s will. [Continue reading…]

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