- 4 - claimed were community property. The financial statement failed to list the New Mexico ranch as community property. In the complaint, petitioner requested that the divorce court order decedent to file an inventory of all community property. The divorce court so ordered. In June 1967, decedent filed an answer to the complaint, which included a list of community property. That list did not include the New Mexico ranch. Petitioner made no objection to that omission. The action was twice set for trial. The action was not tried and was dismissed in February 1969. Exchange of Interest in New Mexico Ranch for Interest in Dunlap Property In 1939, Frank Kenly and decedent's mother, Zona Kenly, bought property near Dunlap Road in Phoenix, Arizona (the Dunlap property). In 1974, decedent exchanged his interest in the New Mexico property for Frank Kenly’s interest in the Dunlap property. The intent of decedent and Frank Kenly was that Frank Kenly divest himself of his interest in the Dunlap property and decedent divest himself of his interest in the New Mexico property. Attorney John Hughes represented decedent in that exchange. In a statutory quitclaim deed executed in 1974, Frank Kenly conveyed his interest in the Dunlap property to decedent. In a replacement deed signed in 1975, Frank Kenly again quitclaimed his interest in the Dunlap property to decedent.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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