- 8 - Sigco stock to decedent's family: Relationship of Number Value Transferee Transferee to Decedent of Sharesof Shares Jay Son 2.22 $19,980 Thomas Son 2.22 19,980 Jennifer Daughter 2.22 19,980 Cynthia Deal Daughter 2.00 18,000 Mike Deal Son-in-law 2.00 18,000 Karen Steinborn Daughter 1.89 17,010 Kyle Steinborn Son-in-law 1.89 17,010 Constance Waibel Daughter 2.06 18,540 Christine Haire Daughter 2.00 18,000 Kathleen Deal Daughter 2.00 18,000 Total 184,500 1995 Transfers of Minn-Kota Stock On January 3, 1995, decedent made transfers of Minn-Kota to his brother's family, as follows: Relationship of Number Value Transferee Transferee to Decedent of Sharesof Shares George Brother 542 $19,999.80 Barbara Sister-in-law 542 19.999.80 James Nephew 542 19.999.80 Jerome Nephew 542 19.999.80 Kim Nephew 542 19.999.80 Francine Cook Niece 542 19.999.80 Jan McCann Niece 542 19.999.80 George IV Grandnephew 325 11,992.50 William Grandnephew 325 11,992.50 Total 163,983.60 On the same day, George made transfers of Minn-Kota stock to his own family; however, he transferred no shares of Minn-Kota to decedent's family. Before making the December 28, 1994, and January 3, 1995, transfers at issue, decedent and his son owned 75 percent of the Sigco shares outstanding (decedent owned 25 percent and Jay ownedPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011