- 38 - he received from his parents in 1993. However, he could have used the $40,000 they gave him in December 1990 or the gift of real estate worth $46,000 that he sold in July 1991. Respondent contends that we should disregard Mr. Pert's testimony as self-serving and infer that Mrs. Pert gave Mr. Pert the funds to buy CD 2775. Mrs. Pert withdrew $199,628 from the C&S Trust account No. 836150 on November 7, 1991. She bought a $100,000 certificate of deposit on November 8, 1991, and Mr. Pert bought CD 2775 at the same branch of Florida Bank of Commerce from the same person on the same day. Thus, it was possible that Mrs. Pert gave Mr. Pert the funds to buy CD 2775. The record shows that there were two possible sources of funds for CD 2775. The source of funds alleged by respondent is closer in time and place, a circumstance on which respondent relies. However, Mr. Pert’s testimony on this point was plausible and unrebutted. Respondent bears the burden of proof and failed to carry it here. We conclude that respondent has not proven that Mr. Pert used funds from Mr. Riffe's estate to buy the $43,072 certificate of deposit on November 8, 1991. c. Cash To Buy the 610 Sandy Hook Road Property Mrs. Pert gave Mr. Pert $53,018 which he used to buy the 610 Sandy Hook Road property. Respondent contends that 610 Sandy Hook Road was solely Mr. Pert’s property. We disagree.Page: Previous 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 Next
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