Logan v. Commissioner

1983 T.C. Memo. 475, 46 T.C.M. 1051, 1983 Tax Ct. Memo LEXIS 304
CourtUnited States Tax Court
DecidedAugust 15, 1983
DocketDocket Nos. 4423-78, 14386-81.
StatusUnpublished

This text of 1983 T.C. Memo. 475 (Logan v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Logan v. Commissioner, 1983 T.C. Memo. 475, 46 T.C.M. 1051, 1983 Tax Ct. Memo LEXIS 304 (tax 1983).

Opinion

MERRITT A. LOGAN and DOLORES F. LOGAN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Logan v. Commissioner
Docket Nos. 4423-78, 14386-81.
United States Tax Court
T.C. Memo 1983-475; 1983 Tax Ct. Memo LEXIS 304; 46 T.C.M. (CCH) 1051; T.C.M. (RIA) 83475;
August 15, 1983.
*304

Petitioners transferred to a family trust most of their business and personal assets, including their home, petitioner-husband's office equipment, and their lifetime personal services and all remuneration therefrom (except for petitioner-husband's net income from his dental practice).

Held: (1) The trust was devoid of economic reality and is not recognizable for Federal income tax purposes.

(2) Petitioners are liable for additions to tax under section 6653(a), I.R.C. 1954.

Gloria T. Svanas, for the petitioners.
Deborah A. Butler, for the respondent.

CHABOT

MEMORANDUM OPINION

CHABOT, Judge: Respondent determined deficiencies in Federal individual income tax and additions to tax under section 6653(a)1 (negligence, etc.) against petitioners as follows:

Additions to Tax
Docket No.YearDeficiencySec. 6653(a)
4423-781974$17,019
14386-81197773,105$3,655
197894,9554,748

These cases have been consolidated for trial, briefs, and opinion.

After concessions by both sides, the issues for decision are as follows:

(1) Whether income and expenses are attributable *305 to petitioners or to the Merritt A. Logan Family Estate (a Trust); and

(2) Whether petitioners are liable for additions to tax under section 6653(a).

These cases have been submitted fully stipulated; the stipulations and the stipulated exhibits are incorporated herein by this reference.

When the petitions in the instant cases were filed, petitioners Merritt A. Logan (hereinafter sometimes referred to as "Merritt") and Dolores F. Logan (hereinafter sometimes referred to as "Dolores"), husband and wife, resided in Fair Oaks, California.

During the years in issue, Merritt was in the practice of dentistry.

On January 13, 1974, Merritt executed a document captioned "Declaration of Trust of This Constitutional Trust". The trustees of this trust were Susan J. Tramblie (hereinafter sometimes referred to as "Tramblie"), Robert A. Scott, and Lois M. Hawes. Petitioners paid $3,500 to this trust. This trust was entitled the "Merritt A. Logan Educational Trust" (hereinafter sometimes referred to as "the first trust").

On March 7, 1974, Merritt executed a document captioned "Declaration of Trust of This Pure Trust". The trust indenture consisted of a preprinted form with blank spaces provided *306 for applicable names. The trust was entitled the "Merritt A. Logan Family Estate (a Trust)" (hereinafter sometimes referred to as "the second trust"). The initial trustees of the second trust were Dolores and Tramblie. On March 8, 1974, Merritt became a trustee of the second trust. On March 10, 1974, Tramblie resigned as a trustee and on that date Douglas M. Logan (hereinafter sometimes referred to as "Douglas") and Donald J. Logan (hereinafter sometimes referred to as "Donald") became trustees of the second trust. On September 15, 1974, Douglas and Donald resigned as trustees of the second trust.

On March 7, 1974, Dolores purportedly conveyed her interest in certain properties and her lifetime services to Merritt in order to facilitate reconveyance to the second trust. On March 8, 1974, Merritt purportedly conveyed to the second trust various items of real and personal property, including petitioners' personal residence, several parcels of land, Merritt's interest in a limited partnership, the contents of the residence, and office equipment and furniture from Merritt's office. Additionally, Merritt purportedly conveyed to the second trust the exclusive use of his and Dolores' *307 "lifetime services and all of the currently earned remuneration accruing therefrom." On March 8, 1974, the second trust resolved that it would make no claim to the net income Merritt received from his dental practice.

On March 8, 1974, Merritt received 100 units of beneficial interest, which constituted all the units of beneficial ownership of the second trust. Merritt transferred 50 units to Dolores on March 7 or 8, 1974.

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Bluebook (online)
1983 T.C. Memo. 475, 46 T.C.M. 1051, 1983 Tax Ct. Memo LEXIS 304, Counsel Stack Legal Research, https://law.counselstack.com/opinion/logan-v-commissioner-tax-1983.