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Expense item Monthly expense
Food, clothing, misc. $904
Housing and utilities 1,254
Transportation 402
Health care 511
Taxes (income and FICA) 654
Life insurance 31
Other expenses 400
Total 4,156
The other expenses represented attorney’s fees petitioner paid to
Ms. Merriam’s law firm in connection with the present litigation.
In the letter explaining the offer amount, petitioner stated
that he was offering to pay $157,824 “for all Hoyt related years
to be paid in one lump sum payment. * * * This offer fully pays
the estimated tax liability, but not interest.” Petitioner
indicated that he has suffered four strokes, was forced to retire
early, must visit the doctor twice a month to have his blood
pressure checked, and must take several medications.
The letter also included a “retirement analysis” outlining
an estimated $44,000 needed for home repairs and the purchase of
a new car and the likelihood of increased housing and medical
costs on account of the aging of petitioner.
In the remaining three letters, petitioner alleged that he
was a victim of Hoyt’s fraud, asserted various arguments
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Last modified: May 25, 2011