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Percentage of RLP’s Net
Year Partner Income/Distribution
1999 Decedent 122.87
John Rector 10.08
Frederic Rector 10.08
2000 Decedent 251.92
John Rector 11.99
Frederic Rector 11.99
2001 Decedent 57.86
John Rector 43.14
Frederic Rector 43.14
9. Payment of Decedent’s Living Expenses and Tax Liabilities
Before forming RLP, decedent received income from Trust B
and from the 1991 revocable trust. Afterwards, decedent
continued to receive the same monthly income from Trust B. The
income from Trust B was decedent’s only significant income
besides the distributions that she received from RLP. For 1998,
1999, 2000, and 2001, decedent received income from Trust B of
$44,481.34, $47,439.12, $43,001.70, and $42,632.78, respectively.
Decedent’s expenses for these years were at least $122,587,
$180,930, $117,754, and $134,961, respectively. The expenses
were attributable to the following:6
6 Decedent also made gifts and charitable contributions not
listed here.
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Last modified: March 27, 2008