- 7 - Partner Percentage Interest Mark W. Senda, Trustee, or his 1.0 General successors in trust, under the Mark W. Senda Revocable Trust dated Feb. 23, 1998, and any amendments thereto Mark W. Senda, Trustee, or his 97.97 Limited successors in trust, under the Mark W. Senda Revocable Trust dated Feb. 23, 1998, and any amendments thereto Michele Senda 1.0 Limited Citicorp Trust South Dakota and Robert 0.01 Limited Brendell, Trustees of the Mark R. Senda Irrevocable Trust Citicorp Trust South Dakota and Robert 0.01 Limited Brendell, Trustees of the Ross J. Senda Irrevocable Trust Citicorp Trust South Dakota and Robert 0.01 Limited Brendell, Trustees of the Janell N. Senda Irrevocable Trust On December 20, 1999, petitioners contributed to SFLP II 18,477 shares of stock in exchange for their partnership interests. Petitioners transferred the stock from their joint brokerage account to the brokerage account of SFLP II. Both accounts were held at Salomon Smith Barney. Trusts for the children purportedly contributed oral accounts receivable in exchange for their partnership interests. The accounts receivable, however, were never reduced to writing, had no terms for repayment, and had not been paid as of the time of trial. On that same day, petitioner gave to each child, in trust, a 17.9-percent limited partnership interest in SFLP II. ThePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011