- 2 -
received from the Estate of Martin Fridovich (the estate), Deceased
(petitioner’s father’s estate), in the amount of $1,331,521.1
1 The Dec. 22, 1997, notice of transferee liability
listed the following assets as having been distributed to
petitioner:
Date Cash
3/5/85 $5,000
10/28/85 7,500
12/16/88 to various attorneys 75,000
2/2/90 to various attorneys 10,000
Cayman Islands Trust 207,435
Total 304,935
The total value of the property distributed to petitioner in the
Settlement and Distribution Agreement recorded 12/28/93 in Polk
County records OR 3326, at 1567, was also enumerated in the
notice of transferee liability:
Property Value
Attorney’s fee obligations $225,000
Direct payment endorsed to Bogenschutz & 175,000
Goldstein
Industrial park lot 8, 4.573 acres 143,719
Industrial park lot 9, 3.388 acres; lots 106,477
8 and 9 sold to Mannheim Auctions as
part of a 15.6986-acre tract for
$493,373 ($31,427.83 per acre)
Industrial park lots 2, 3 and part of 4 376,360
Payment of maintenance fees for 10
industrial park lots
Forgiveness of debt due the estate and 10
WLLC
“Impact fee” credits 10
Total 1,026,586
In sum, according to the notice of transferee liability the total
value of distributions made to petitioner was:
Cash $304,935
Property 1,026,586
Total 1,331,521
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
Last modified: May 25, 2011