- 11 - Decedent leased office space at 2243-45 Sepulveda Boulevard to commercial tenants until 1994 when the property was sold. There was no landscaping on the 2243-45 Sepulveda property. Decedent executed a deed granting a joint tenancy in the property at 2243-45 Sepulveda Boulevard to Ann Van Tine on May 28, 1982. It was recorded on February 1, 1989. Thereafter, he continued to receive all the rent on the 2243-45 Sepulveda Boulevard property. 4. The Joint Tenancy Deeds H. Louise Van Valkenberg (Van Valkenberg), Ebaugh's and decedent's accountant, usually went to Ebaugh's office each month to pick up and deliver paperwork. In 1982, Van Valkenberg brought the joint tenancy deeds to Ebaugh and asked her to put them in Ebaugh's safe deposit box and not record them. Van Valkenberg told Ebaugh to write a note on each deed stating that the transfer was for no consideration. Ebaugh did so. In addition, Ebaugh wrote on the 7 Diamonte Lane property deed that the transfer was a gift and the grantor received nothing in return. Van Valkenberg died in 1987. In 1988, decedent sought estate planning advice from Patricia Stoddard (Stoddard), an estate planning attorney, because he was beginning to have early symptoms of Alzheimer's disease. He wanted to arrange his estate while he had capacity. Stoddard told decedent that he could make nontaxable gifts eachPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011