Harry and Marilyn Owen were divorced after a short marriage and entered into an agreement to divide

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Harry and Marilyn Owen were divorced after a short marriage and entered into an agreement to divide assets. In addition to the division of personal property as agreed to and as recorded by the court, Marilyn claimed ownership of a Chevrolet automobile and one-half of a $24,000 certifi cate of deposit, insisting that they were both gifts from her former husband, Harry. Both the car, registered in Harry’s name, and the certifi cate were purchased by Harry before the marriage. He denied having given the car and a one-half interest in the certifi cate of deposit.

Does it appear that the requirements of an inter vivos gift have been met, and will Marilyn be awarded the disputed property? [ Owen v. Owen, 351 N.W.2d 139

(South Dakota).]

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Essentials Of Business Law

ISBN: 9780073377056

7th Edition

Authors: Anthony Liuzzo, Joseph Bonnice

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