- 21 -
return the Aruba bonds, the $12,000 of Social Security benefits
for which Mr. Kayian, Sr. received a check before he died, and
any other assets of Mr. Kayian, Sr.'s estate in the possession of
Mr. Kayian, Jr. At a time not disclosed by the record, Mr. Carr
filed on behalf of Mr. Kayian, Sr.'s estate a complaint in the
Probate Court commencing an action against Mr. Kayian, Jr. to
recover certain property of Mr. Kayian, Sr. in the possession of
Mr. Kayian, Jr., including the Aruba bonds, any cash representing
proceeds from the sale of such bonds, bank accounts, and other
property.
Ms. Livingston, in her capacity as personal representative
of Mr. Kayian, Sr.'s estate, filed in the probate proceeding an
inventory of the assets of that estate, dated March 24, 1994
(inventory). That inventory listed, inter alia, the following
properties of Mr. Kayian, Sr.'s estate that were in the pos-
session, control, or knowledge of Ms. Livingston and the fol-
lowing estimated fair market values of such properties: (1) the
two Key West condominiums valued at $64,000; (2) the mortgage
notes on certain time-shares valued at $53,244.45; (3) proceeds
held by Mr. Lanier in the amount of $9,415.08; (4) the Aruba
bonds valued at $70,000, with a notation that Ms. Livingston was
currently investigating the value of those bonds and that the
value might be reduced to $60,000; (5) the Jackson National
annuity contract and the Continental annuity contract valued at
Page: Previous 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 NextLast modified: May 25, 2011