- 6 - of her daughters. Petitioner paid her daughters' and mother's income tax out of her joint bank account with Philip. Philip paid a total of approximately $15,000 for petitioner's daughter's wedding expenses. Petitioners had a joint bank account from which to pay household expenses. Philip would deposit either cash or checks into the account for petitioner to use to pay various expenses. Petitioners also paid a variety of their expenses in cash. Philip would give petitioner the cash to pay for groceries, dry cleaning, domestic help, etc. The cash Philip gave petitioner was in addition to the money he deposited in their joint account. Philip also had several individual bank accounts. Petitioners' recreation was combined with gambling. They went to Las Vegas, Nevada, on their honeymoon and took other vacations where gambling was a focal point, such as their annual trip to Puerto Rico. Philip would go on day trips to Atlantic City, New Jersey, or take weekend trips to Las Vegas, Nevada. Petitioner would occasionally accompany Philip on the weekend trips, or they would both go with their good friends Adrienne and Elwood Lerman (Lerman). Lerman was also petitioners' accountant and financial adviser. Some of these gambling trips would be "comped"; i.e., the casino would pay for travel, meals, and hotel room. While on these trips, Philip would spend most of his time gambling in the casinos. He usually played at the craps tablePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011