- 5 - the SCIN, are all dated December 15, 1992. Michael signed these documents both as the purchaser in his capacity as trustee of his own revocable trust and as the seller in his capacity as trustee of decedent’s revocable trust. The parties did not, in fact, execute the documents until after that date--late in December 1992 or early in January 1993. In 1978, decedent had a myocardial infraction. Decedent underwent successful single artery heart bypass surgery at the University of Michigan in 1982. Decedent had been suffering from angina and severe coronary disease since at least April 1991. In the winter of 1992, decedent traveled to California, seeking to spend time in a warmer climate. While he was in California he developed chest pains and returned home. He entered the hospital in Flint on January 25, 1993, for testing. The resulting diagnosis on January 29, 1993, indicated that decedent suffered from angina pectoris, congestive heart failure, and atherosclerotic heart disease. The diagnostic report explained his prognosis as "Poor. Patient and family are aware." Decedent and Michael consulted with doctors and decided that decedent would again have to undergo bypass surgery. The quitclaim deeds and mortgages for the restaurant and shopping mall were registered in February 1993. Michael did not make the first three payments required by the SCIN in a timely fashion. In March, he made out three checks, each for thePage: 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