Court Opinion

ID: 9692844
Source: CourtListenerOpinion
Date Created: 2023-08-25 16:08:42.878964+00
Date Added: 2024-06-11T18:19:37.393127
License: Public Domain

TAMILIA, Judge,
dissenting statement:
I respectfully dissent and would affirm the judgment of the trial court. The fact that the husband owed the wife in excess of $25,000.00 and yet a conveyance of the wife’s share of the marital property was made for $1.00, and the husband was thus rendered insolvent, is sufficient to establish a fraudulent conveyance under the Fraudulent Conveyance Act, 39 P.S. § 354. I believe the trial court was correct in finding a fraudulent conveyance and in awarding a judgment of $2,250 out of the proceeds of the sale of the property by the wife to the .parents of the husband.