-39- While Polachek suggested that these tables were of minimal dollar value, we find it more likely that these assets had a significant dollar value in light of the decedent’s wealth, lifestyle, and desire to own (and be seen as owning) only the best of everything. In fact, the value of these four assets caused Polachek to expend her time, effort, and money to transport them from the decedent’s home in Southern California to her home in Northern California.17 Given our added understanding of the location and value of the decedent’s home,18 as well as the fact that he was a flamboyant individual who filled his home extensively with the finest, most beautiful, and most valuable pieces of art, artifacts, gemstones, and jewelry (as well as a noteworthy collection of music recordings), we simply do not see the decedent sparing an expense when it came to furnishing his home with tables and other furniture. Such is especially so given that the decedent regularly entertained at his home, that he purchased at least some of his home’s furniture from the Fifth 17 The estate has not established that Polachek transported any of these four assets to her home for sentimental reasons. In fact, the record leads us to a contrary conclusion. 18 The decedent owned a four-bedroom, 3,928 square-foot one-story home in Thousand Oaks, California. It was sited on approximately one acre of land and, when built in 1975, had two two-car garages and a double car port. (The decedent when he died owned a 1992 Lexus four-door sedan and a 1991 Jeep Cherokee four-wheel drive, the blue book values of which were $28,500 and $19,050 as of the date of his death.) The decedent for purposes of Schiffer’s statement had valued his home at just over $1 million.Page: Previous 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 Next
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