G. Kierstead Family Holdings Trust, et al. - Page 1















                                 T.C. Memo. 2007-158                                  


                              UNITED STATES TAX COURT                                 


            G. KIERSTEAD FAMILY HOLDINGS TRUST, ET AL.,1 Petitioners v.               
                   COMMISSIONER OF INTERNAL REVENUE, Respondent                       


               Docket Nos.  24183-05, 24184-05,   Filed June 19, 2007.                
                         24185-05.                                                    


               Anthony V. Diosdi, for petitioners.                                    
               Jeremy L. McPherson, for respondent.                                   


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               HAINES, Judge:  Petitioners in these consolidated cases are            
          G. Kierstead Family Holdings Trust, G. Kierstead Family Trust,              
          and Glenn E. and Carol L. Kierstead as individuals.  Before                 

               1Cases of the following petitioners are consolidated                   
          herewith:  Glenn E. and Carol L. Kierstead, docket No. 24184-05;            
          and G. Kierstead Family Trust, docket No. 24185-05.                         





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