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Chapels), to arrange for his father’s funeral. (Funeral Chapels
had previously handled Margaret's funeral and burial.) David
provided Mr. Kuchera with information about his father. David told
Mr. Kuchera that his father died a widower. David paid the funeral
costs. He instructed Mr. Kuchera not to place a notice of his
father's death in the local newspaper. Only four individuals
attended Sloan's funeral and burial services: David, Mr. Kuchera,
another Funeral Chapels employee, and Reverend Jack Fricke.
D.A. Baum Trust
Sloan was trustee and beneficiary of the D.A. Baum Trust (the
trust) from which he received income quarterly. (In 1985 and 1986,
Sloan received distributions of $19,375 and $20,218, respectively,
from the trust.) Following his father’s death, David was the sole
trustee and beneficiary of the trust.
As of March 8, 1987, the corpus of the trust consisted of
5,616 shares of Exxon Corp. (Exxon) stock, valued at $81.23 per
share for a total of $456,500. On March 12, 1987, the trust
received $5,054 in dividend income from the Exxon stock.
On August 13, 1987, the shares of Exxon stock were split 2 for
1. On September 18, 1987, the trust surrendered: (1) 5,616 shares
of Exxon stock (certificate No. M823453); and (2) 5,616 additional
shares of Exxon stock (certificate No. U0327703). Subsequently, a
certificate for 11,232 shares of Exxon stock (certificate No.
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