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that the Service would levy on his property in order to collect
that liability. At the time Mr. Kayian, Sr. made the initial
transfer, he was bound to know that he had incurred substantial
medical expenses since he entered the hospital on August 6, 1993.
After Mr. Kayian, Sr. made the initial transfer, Mr. Kayian,
Jr., pursuant to Mr. Kayian, Sr.'s directions, (1) distributed
for no consideration and without an exchange of reasonably
equivalent value a portion of the transferred properties valued
at $10,933.33 to (a) each of Mr. Kayian, Sr.'s remaining sons
(viz., petitioner Robert Kayian, Kenneth V. Kayian, and Richard
H. Kayian), (b) his daughter (viz., Karen Kayian Aubel), and
(c) two of his three grandchildren (viz., Kenneth J. Kayian-Beck
and Kaitlynn Elizabeth Kayian); (2) retained a portion of the
transferred properties valued at $16,400 and divided that portion
equally; and (3) distributed for no consideration and without an
exchange of reasonably equivalent value one-half of that retained
portion valued at $8,200 to Mr. Kayian, Sr.'s grandson (viz., Mr.
Kayian, Jr.'s son, petitioner Nicholaus Kayian).
Although Ms. Livingston returned to Tampa on the day of Mr.
Kayian, Sr.'s funeral, she did not attend that funeral. On that
day, Ms. Livingston withdrew all of the funds from the joint bank
accounts that she had with Mr. Kayian, Sr. She previously had
taken Mr. Kayian, Sr.'s Rolex wristwatch with her when she left
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