FENNER BALL AND ALMA B. BALL, HIS WIFE,
v.
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF MIAMI, FLORIDA, A UNITED STATES CORPORATION
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The court affirmed a judgment concerning estates by the entireties and resulting trusts, particularly in the context of divorce, and the presumption of gifts when property is jointly held.
The court affirmed the chancellor's decision that a resulting trust is created in favor of the wife when she furnishes the consideration for jointly held property, unless the husband can prove a gift.
The case involves a situation where property was placed in the joint names of a husband and wife. The wife furnished the consideration for the propert…
The full statement of facts, procedural history, and disposition for this case are member content.
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This cause having heretofore been submitted to the Court upon the transcript of the record of the judgment herein, and briefs and argument of counsel for the respective parties, and the record having been seen "and inspected, and the Court being now advised of its judgment to be given in the premises, it seems to the Court that there is no error in the said judgment; it is therefore, considered, ordered and adjudged by the Court that the said judgment of the Circuit Court be, and the same is hereby affirmed.
Affirmed.
BROWN, C. J., BUFORD, THOMAS and ADAMS, JJ., concur.