- 57 - have found--tables 7 and 8) that respondent has shown by clear and convincing evidence that not more than $29,707 of petitioners’ 1994 expenditures came from the Newman property net proceeds, and that none of petitioners’ 1995 expenditures came from this source. (b) Credit Card Advances.--Both sides agree that petitioners received two credit card cash advances, totaling $5,500, in 1994. Petitioners contend on answering brief that they received two additional cash advances, of $1,942 and $2,113, in 1994. However, in the postbriefs actions referred to supra note 24, petitioners concede that “the credit card amount of $2113.15 is really just a transfer and not a Cash Advance and * * * the $1,942 amount was used to pay off a credit card debt. As such, it should not be counted as a credit card advance for 1994.” Respondent does not allow, and petitioners do not contend for, 1995 credit card advances. Thus, the allowance of $5,500 credit card advances for 1994 and nothing for 1995 is agreed to by both sides. (c) Child Support.--The parties stipulated that petitioners received $4,200 in cash child support payments for Rachel and Sean in each year, 1994 and 1995. Supra note 5. (d) Refund of Deposit on House.--The parties stipulated that in 1994 petitioners received a refund of a $500 deposit on a house.Page: Previous 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 Next
Last modified: May 25, 2011