When limited partner bought annuity in the name of the limited partnership and then had it put in his own name for tax purposes, the annuity remained partnership property despite the name change.
Civil
R.R.F. v. L.L.F., No. 69A01-1001-DR-77, __ N.E.2d __ (Ind. Ct. App., Oct. 8, 2010)
When Mother would receive a $4,000 tax credit for her contributions to child’s college expenses, trial court erred under Support Guideline 8(b) in not giving Father a setoff against his share of the expenses to apportion the credit equitably.
Bandini v. Bandini, No. 49A04-1001-DR-26, __ N.E.2d __ (Ind. Ct. App., Oct. 8, 2010)
“[A] military spouse may not, by a post-decree waiver of retirement pay in favor of disability benefits or CRSC [Combat Related Special Compensation], unilaterally and voluntarily reduce the benefits awarded the former spouse in a dissolution decree.”
Deere & Co. v. New Holland Rochester, Inc., No. 25A05-1006-CC-367, __ N.E.2d __ (Ind. Ct. App., Oct. 12, 2010)
Purchaser’s reliance on assurances of seller and bank that seller had satisfied liens on sale property was unreasonable and would not avoid the liens; purchaser had to contact lienholder directly.
T.R.W. Vehicle Safety Systems, Inc. v. Moore, No. 73S05-0909-CV-404, __ N.E.2d __ (Ind., Oct. 13, 2010)
Wrongful death damages for dependent child’s loss of father erroneously included period of father’s projected life span after child would be emancipated; remittitur ordered to correct error. When fault had been erroneously attributed to nonparties, retrial of the fault allocation was required.