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Property – Gifts
By: WISCONSIN LAW JOURNAL STAFF//July 22, 2014//
Listen to this articleWisconsin Court of Appeals
Civil
Property – Gifts
This appeal involves a dispute over the distribution of funds in an investment account following the death of Jean Orsoni. Juliette Kangas asserts the investment account was a joint account that she and Orsoni co owned. As a result, she argues she became sole owner of the account at Orsoni?s death. Salem Evangelical Lutheran Church, Loren Johnson, and Lori Johnson (collectively, the Plaintiffs) argue Orsoni did not intend to create a joint account and did not intend to gift the investment account to Kangas. The Plaintiffs argue the funds in the account should have passed into a revocable trust Orsoni created, of which the Plaintiffs are beneficiaries. Affirmed. This opinion will not be published.
2013AP2064 Salem Evangelical Lutheran Church v. Kangas
Dist. III, Iron County, Madden, J., Per curiam.
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