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Ford Explorer worth $22,112; and (e) the 1987 GMC truck worth
$4,000.
a. $100,000 in Cash
On April 16, 1991, Mrs. Pert deposited $268,000 that she
had received from Mr. Riffe's safe deposit boxes in a C&S
account. Two days later, she closed that account and opened
ultima and trust accounts. She deposited $18,000 in the ultima
account and $250,000 in the trust account. On November 7, 1991,
Mrs. Pert withdrew $199,628 in cash from the trust account and
bought CD 1766 for $100,000 at the Florida Bank of Commerce the
next day. When CD 1766 matured, Mrs. Pert deposited the $100,000
in two joint accounts with Mr. Pert. The transfer of funds from
an individual account to a joint account is fraudulent if the
transfer is a fraudulent conveyance. Advest, Inc. v. Rader, 743
F. Supp. 851, 854 (S.D. Fla. 1990). Mrs. Pert conveyed $100,000
to Mr. Pert when she deposited the $100,000 into joint accounts.
Thus, Mrs. Pert fraudulently conveyed the entire $100,000 when
she deposited it. Id.
b. $43,072 Certificate of Deposit
Respondent contends that Mr. Pert bought a $43,072
certificate of deposit (CD 2775) on November 8, 1991, using funds
from Mrs. Pert. We disagree.
Mr. Pert testified that he used gifts from his parents to
buy CD 2775. Mr. Pert could not have used the $59,836 gift that
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