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Description Amount
Annual gifts in the form of excess of
applications of funds over sources of funds:
1983 $34,317
1984 37,270
1985 53,357
1986 39,723
1987 95,819
1988 68,359
1989 38,018
1990 43,404
Cash to purchase Sanford property 30,000
Glendale Federal savings account transfer 21,550
Longwood property equity 311,000
One-half interest in St. Lucie County property 4,000
Transfer of vehicles:
1967 Rolls Royce 25,000
1986 Lamborghini 52,000
1986 Chevy C30 7,850
Total transferred 861,667
The parties agree that for the years 1983 through 1990,
Larry acquired the following assets:
Year Description of Asset Cash Paid
1983 1981 Mercedes 380 SL CR $15,000
1984 1984 GM Suburban 7,242
1985 1985 Chris Craft boat 35,000
1985 1974 Ford truck 315
1985 1982 Ferrari 10,295
1986 Sanford property 29,427
1986 Renovation to Sanford property 25,900
1986 1986 Lamborghini 14,435
1988 1979 Cadillac 4,662
1989 1964 Ford Thunderbird 27
1989 1985 Jeep CJ 4,285
1989 Chevrolet Astro van 13,000
1990 1988 Cadillac limousine 18,831
1990 1985 Lincoln limousine 14,890
Total 193,309
B. Ronnie
By notice dated April 4, 1997, respondent determined
transferee liability against Ronnie for the deficiencies,
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