Considerations As mentioned briefly above, opinions differ as to whether a wholly grantor trust is considered a disregarded entity. In Rothstein, © the Second Circuit Court of Appeals implicitly held that a wholly grantor trust was not disregarded for all income tax purposes, because the grantor received a cost basis for assets pur

ecause there was no rational basis to support it. The Second Circuit Court of Appeals affirmed the lower's court decision, finding that

and relies on lawyers adverse to Ms. Maxwell for cover. This type of selective disclosure of information is routinely rejected by courts, including the Second Circuit Court of Appeals. Known as the "fairness doctrine," when one party makes assertions about parts of a communication or writing the entire communication loses protecte

0 (AIN) CAUTION - EXTERNAL: Dear Judge Nathan: My name is David Oscar Markus, and I am a lawyer in Miami who is representing Ghislaine Maxwell in the Second Circuit Court of Appeals regarding bail. I will be present at the arraignment on April 23 and look forward to meeting you and your staff in person. My understanding is that