1,475.97 - 816.00 = 659.97

By CPA Joanne Barnes

The CPA Joanne Barnes created the accounting trail 1,475.97 - 816.00 = 659.97 but she does not recognize it or any accounting trail for these numbers.The following is from Forest Balderson's letter of February 12, 1993, to Anthony OConnell. Forest Balderson is Joanne Barnes assistant.

By Attorney Edward White

"Your question regarding the wording of Schedule F of the estate tax return which was filed in September 1992, implying something or another, makes no sense at all.
(From the lawyer's letter of July 20, 1995, to Anthony OConnell, Trustee)

Note: Edward White reported the following to the IRS in his (1) Schedule F of the Estate Tax Return of September 1992, (2) Schedule F of the First Amended Estate Tax Return of June 1993, and (3) Schedule F of the Second Amended Estate Tax Return of April 1995:

"Interest due Harold O'Connell Trust                     816.00
 Debt due from Harold O'Connell Trust                 659.97"
12th-page16-1p 

By Commissioner of Accounts Wilson

5. The said trustee has also filed a Twelfth Account in which he reports as an asset $659.97 "due from the Estate of Jean M. OConnell".  A copy of that "account" is enclosed herewith as Exhibit 3.

6. The Estate of Jean M. OConnell, deceased, Fiduciary No. 49160, was closed in the Commissioner of Accounts office after approval of a Final Account on May 31, 1994.

7. The said $659.97 was the subject of correspondence between the said trustee and Edward J. White, attorney and co-executor of the estate of Jean M. OConnell, copies of which are attached hereto as Exhibits 4*[May 19, 1992, letter] and 5. In his letter, Exhibit 5, the trustee explains that the $659.97 is part of a net income payment of $1,475.97 which the trust owed the estate of Jean M. OConnell. In that same letter, the trustee states that "At this point in time, I believe Mr. Balderson and I are of one mind that the estate does not owe the trust and the trust does not owe the estate". Mr. Balderson was a CPA for the estate. Both of these letters were provided to the Commissioner of Accounts by the trustee in support of his "Twelfth Account".

8. The trustee also provided the Commissioner with a copy of a page from a "Jean M. OConnell estate tax analysis" which shows $659.97 under "Assets" of that estate as "Debt from Harold OConnell Trust".  A copy of that page is attached as Exhibits 6.
From a review of this information the Commissioner finds that there is no evidence to support an assertion by the trustee that the $659.97 is an asset of the trust. To the contrary, it appears that either it is not a debt at all, or, from the estate's point of view, it was money owed by the trust to the estate, i.e. an asset of the estate of Jean M. OConnell. That estate has been closed for more that six years.
Accordingly, the foregoing Eleventh Account (my bold) of Anthony M. OConnell, Trustee has been marked a "Final Account" by the undersigned and is hereby approved as a Final Account in the trust under the will of Harold A. OConnell and is filed herewith.
In the event that the trustee is successful in recovering $659.97 or any other funds which are proper trust assets to be accounted for, such may be reported to the Commissioner of Accounts by an Amended Inventory and, thereafter, accounted for by proper accounts.
12th27p (Actual 12th account)
Report17p (Commissioner's Report of 12th Account)

I received no response from my emails to Commissioner Rusk concerning the disappearance of my two Exceptions to the Commissioners Reports after they were received by the Court. My exceptions to the Commisioner's Report dated August 23, 2000, included a copy of my 12th Account which addressed the accounting trail 1,475.97 - 816.00 = 659.97 in detail.
 exceptions4p  exceptions2000-52p

By B&K law firm

29. On August 8, 2000, an Eleventh Account (my bold) for the Harold Trust was approved by the Commissioner of Accounts for the Circuit Court of Fairfax County and determined to be a final account.

30. Anthony repeatedly and unsuccessfully challenged the Commissioner's determination and requested, inter alia, that the Court and the Commissioner of Accounts investigate a debt of $659.97 that he alleged was owed to the Harold Trust by Mrs. O'Connell's estate. In these proceedings, the Commissioner stated, and the court agreed, that there was no evidence to support Anthony's claims that a debt existed and, if so, that it was an asset of the Harold Trust.

31. Anthony's repeated and unsuccessful challenges to the rulings of the Commissioner of Accounts and the Circuit Court in connection with the Eleventh Account, and his persistence in pursuing his unfounded claims to the present day, demonstrate that he is unable to administer the Harold Trust effectively and reliably.

No one recognizes this at bk467p192:

"Int fm Harold O'Connell Trust ......................................... 816.00    
  Debt fm Harold O’Connell Trust ..................................... 659.97"