- 3 - Petitioner’s Relationship With Daniel Abelein Petitioner and Daniel Abelein (Mr. Abelein) married in 1971. As of the date of trial, they were still married and living together. Petitioner generally had no desire to understand and no interest in business matters and did not attempt to understand business documents or read fine print. Petitioner was, however, responsible for paying the household bills, and, during the years at issue, she did so from her joint account with Mr. Abelein. According to petitioner, although Mr. Abelein made all of the family’s financial decisions,3 petitioner and Mr. Abelein decided on and saved for large purchases together. Petitioner sometimes disagreed with Mr. Abelein’s decisions but was never threatened by Mr. Abelein into making investments, signing their tax returns, or signing checks. Mr. Abelein never deceived petitioner about their finances or hid mail from her. Mr. Abelein answered petitioner honestly if she asked him about their finances. Mr. Abelein never abused petitioner. During the years at issue, petitioner and Mr. Abelein lived in the same house that they built in 1978, drove used cars, took 3Mr. Abelein graduated from high school and completed 2 years of college and an apprenticeship as an electrician. Mr. Abelein worked as an electrician and recently started his own general contracting company. As of 1986, Mr. Abelein had no formal education in finance or tax and no experience in cattle ranching or selling cattle.Page: 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