Reply #31: Doesn't look like they will be held accountable for much

[rainbow4321]

Here are some snippits..the last part, if I am reading it correctly, is saying that no one outside the Trust will be allowed to see the books...and that the Trustee can't give the info to "any court"?




4. Beneficiary. The beneficiaries of this Trust shall be SARAH PALIN. In
addition, the class of potential beneficiaries shall include any "Covered Individual." For purposes hereof, a "Covered Individual" shall be any other person determined by the Trustee, in
the Trustee's sole and absolute discretion, to (i) hold a "covered staff' position within SARAH PALIN's administration and/or an employee in the office of the Governor ofthe State of Alaska;
and (ii) hold a covered relationship with SARAH PALIN, including without limitation, a family member, such as a parent, spouse, child, grandchild, sibling and other close family relationship.

(snip)

Except as otherwise provided herein, said power of withdrawal shall not be cumulative from year to year, must be exercised separately for each calendar year in which any such addition or additions are made, and shall be exercisable only by written notice to Trustee of the amount Donee wishes to withdraw, but no purpose for said withdrawal need be shown.


(snip)

13. Trustee's Accounts. The Trustee shall keep (or, in the Trustee's sole and absolute discretion, shall cause others to keep) accurate written records and books of account of the Trustee Estate, showing the manner in which the Trust Estate is invested and all receipts,
disbursements, and other transactions involving the Trust Estate. All such records and books of account shall be the property of the Trustee during the duration of this Trust and they, together
with the Trust property and all reasonable evidence thereof, plus any accounts, shall not be made available during the Trust term except as hereinabove provided or as may be required by applicable law. Notwithstanding anything contained herein to the contrary, in no event shall any Trustee at any time acting hereunder be required to make any current or final reports, inventories or accountings to any court.