Dixie Van Aernam - Page 12




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          given by Steven only to undo the mistake of the first warranty              
          deed.  She concludes:  “[T]here is no basis in fact for the                 
          assertion of Transferee liability against [her]”.                           
          IV.  Discussion                                                             
                A.  Introduction                                                      
                    1.  Petitioner’s Defense                                          
                Petitioner does not deny that Steven transferred the                  
          property to her.  We interpret petitioner’s argument as                     
          interposing a defense to respondent’s claim of a fraudulent                 
          transfer; i.e., she, not Steven, was the beneficial owner of the            
          property, and, if Steven held any interest in the property at               
          all, he held it on her behalf, and he conveyed it to her by the             
          second quitclaim deed.  See Bender v. General Elec. Supply Corp.,           
          117 Fla. 275, 157 So. 573 (1934) (fraud on creditor of husband              
          not presumed where it is shown that property transferred to wife            
          was purchased with money that was the separate property of the              
          wife, husband who took title held it in trust for wife, and wife            
          was, at all times, beneficial owner of property).  Petitioner               
          need not rely on her defense (and we will not further discuss               
          it), since respondent has failed to carry his burden of proving a           
          fraudulent transfer.                                                        











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