Filed: Oct. 09, 2015
Latest Update: Oct. 09, 2015
Summary: STIPULATION REGARDING SCHEDULE and [Proposed] ORDER PEGGY A. LEEN , Magistrate Judge . The United States of America and the defendants, by and through their undersigned counsel, hereby submit this stipulated schedule, pursuant to the direction of the Court at the status hearing held in this matter on October 6, 2015. 1. A settlement conference was held in this matter on August 13, 2015. As a result of agreements made at the settlement conference, it was determined that the gift and estate
Summary: STIPULATION REGARDING SCHEDULE and [Proposed] ORDER PEGGY A. LEEN , Magistrate Judge . The United States of America and the defendants, by and through their undersigned counsel, hereby submit this stipulated schedule, pursuant to the direction of the Court at the status hearing held in this matter on October 6, 2015. 1. A settlement conference was held in this matter on August 13, 2015. As a result of agreements made at the settlement conference, it was determined that the gift and estate t..
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STIPULATION REGARDING SCHEDULE and [Proposed] ORDER
PEGGY A. LEEN, Magistrate Judge.
The United States of America and the defendants, by and through their undersigned counsel, hereby submit this stipulated schedule, pursuant to the direction of the Court at the status hearing held in this matter on October 6, 2015.
1. A settlement conference was held in this matter on August 13, 2015. As a result of agreements made at the settlement conference, it was determined that the gift and estate tax liabilities at issue in this matter would need to be recomputed.
2. The undersigned attorneys for defendants Barbara Klassen, Joann Callahan, Kimberly Wasserburger Kouba, C.R. Clark, Rory Clark, and Daniel T. Callahan (hereinafter referred to as "Sisters' Counsel") and their accountants have prepared revised gift tax computations for the years at issue in this matter and forwarded these computations to the undersigned attorneys for defendant Pat Clark, Jr. (hereinafter "Clark's Counsel").
3. The Sisters' Counsel and Clark's Counsel shall have until October 30, 2015 to review and provide any edits to the gift tax computations and forward these computations to the undersigned counsel for the government.
4. The government shall have until November 15, 2015 to review the calculations, compute the penalties and interest associated with the revised gift tax liabilities, and provide that information to the Sisters' Counsel and Clark's Counsel.
5. The Sisters' Counsel and Clark's Counsel shall have until December 15, 2015, to recompute the estate tax at issue in this matter, to provide edits to the estate tax computations, and to provide these computations to the government's counsel.
6. The government shall have until January 8, 2015, to review the calculations, compute the penalties and interest associated with the revised estate tax liabilities, and provide that information to the Sisters' Counsel and Clark's Counsel.
7. The Sisters' Counsel and Clark's Counsel shall have until March 8, 2016 to continue to negotiate to resolve the issues presented in their cross-claims.
IT IS SO ORDERED.
IT IS FURTHER ORDERED that a status conference will be held in this matter on December 8, 2015, at 9:30 a.m., in 3B. If the parties file documents resolving this matter prior to the scheduled conference date, the status conference shall be taken off the calendar.
