- 3 -
At the end of 1996 or beginning of 1997 and in 1998,
petitioner received approximately $5-6 million worth of MCI
WorldCom stock (stock) after MCI WorldCom acquired two companies
where petitioner was successively employed.
The Mark W. Senda Family Limited Partnership
Sometime in 1998, petitioner met with James R. Dankenbring
(Dankenbring), his attorney, to discuss in more detail the
advantages of forming an FLP as a vehicle to hold investment
assets and to serve as a means of making gifts. On or about
April 1, 1998, petitioners signed the Mark W. Senda Family
Limited Partnership Agreement (SFLP I Agreement). On June 3,
1998, the secretary of state of Missouri issued a certificate of
limited partnership for the Mark W. Senda Family Limited
Partnership (SFLP I). The partnership interests, as set forth in
the SFLP I Agreement, were initially held as follows:
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011