- 8 - various medical complications and were required to take various prescription and other medications. Petitioners never claimed to Driver that the monthly cost of these complications and medications exceeded their reported monthly health care costs. 4 These attorney fees are apparently related to this litigation. By way of a letter dated October 18, 2004, Driver notified petitioners that she had scheduled their hearing (requested by petitioners as a telephonic hearing) for November 18, 2004. The letter also stated that Driver had learned from third parties that petitioners apparently owned certain assets which were not reported on their Form 433-A, specifically, an IRA valued at $54,405 with Indianapolis Life Insurance Company (Indianapolis Life); two lots of real estate sited in Apache County, Arizona; and one lot of real estate sited in Pima County, Arizona. In reply to the letter’s request that petitioners explain why the referenced assets were not included on the Form 433-A, petitioners, on October 28, 2004, acknowledged that they owned the IRA with Indianapolis Life and the lots of real estate and that they had left those assets off of their Form 433-A. Petitioners stated in the letter that the IRA had been overlooked in preparing the Form 433-A. Petitioners stated in the letter that they had forgotten about the three unreported lots which, they stated, were worthless. On November 18, 2004, Driver held the scheduled hearing with petitioners’ counsel. At that time, Smith and his wife were 68Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 NextLast modified: November 10, 2007