Alice Walsh v. Kimberly Jean Bowen

CourtCourt of Appeals of Georgia
DecidedMarch 10, 2023
DocketA22A1590
StatusPublished

This text of Alice Walsh v. Kimberly Jean Bowen (Alice Walsh v. Kimberly Jean Bowen) is published on Counsel Stack Legal Research, covering Court of Appeals of Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Alice Walsh v. Kimberly Jean Bowen, (Ga. Ct. App. 2023).

Opinion

FIFTH DIVISION MCFADDEN, P. J., GOBEIL and LAND, JJ.

NOTICE: Motions for reconsideration must be physically received in our clerk’s office within ten days of the date of decision to be deemed timely filed. https://www.gaappeals.us/rules

March 10, 2023

In the Court of Appeals of Georgia A22A1590. WALSH v. BOWEN.

MCFADDEN, Presiding Judge.

This case concerns whether Rick Walsh made inter vivos gifts of funds to

educational savings accounts (the “529 accounts”) owned by his wife, Alice Walsh,

for the benefit of her granddaughters. See 26 USC § 529; OCGA § 20-3-630 et seq.

The only issue on appeal is whether there is evidence of a delivery of the gift during

Rick Walsh’s lifetime sufficient to defeat a motion for partial summary judgment filed

by Kimberly Bowen, the executor of his estate. Because there is evidence that Rick

Walsh took actions indicating that he renounced his dominion over the funds and

transferred that dominion to Alice Walsh, a jury could find that there was a

constructive delivery of the gift. So summary judgment is not appropriate, and we

reverse the superior court’s grant of Bowen’s motion. 1. Facts and procedural history.

Summary judgment is proper “if the pleadings, depositions, answers to

interrogatories, and admissions on file, together with the affidavits, if any, show that

there is no genuine issue as to any material fact and that the moving party is entitled

to judgment as a matter of law. . . .” OCGA § 9-11-56 (c). “In our de novo review of

the grant or denial of a motion for summary judgment, we view the evidence, and all

reasonable inferences drawn therefrom, in the light most favorable to the

nonmovant.” Longstreet v. Decker, 312 Ga. App. 1, 3 (717 SE2d 513) (2011).

So viewed, the record shows that on various occasions over the course of

several years, Rick Walsh stated his desire to use funds from a brokerage account he

held with Raymond James & Associates to set up and fund 529 accounts for the

granddaughters of his wife, Alice Walsh. After being hospitalized with several

significant medical problems, Rick Walsh took steps to open the 529 accounts with

Alice Walsh as the accounts’ owner. See OCGA § 20-3-632 (2) (defining the

“account owner” as the person or entity who “establishes a[n educational] savings

trust account . . . on behalf of a beneficiary”). He spoke on the telephone with persons

at Raymond James and verbally authorized the transfer of funds from his brokerage

account to the 529 accounts.

2 But before it would transfer the funds, Raymond James also required Rick

Walsh to sign a written letter of authorization. Rick Walsh, who was hospitalized at

the time, expressed frustration upon learning this, as explained by Alice Walsh who

testified:

I took [the letter of authorization] to Rick and told him when I got in there, I said, Rick, you’ve got to sign this LOA and he said, I’ve already told Mark [his Raymond James broker] what to do. I said, I understand that you’ve given him verbals all the time, but for this you’ve got to [sign this] LOA. So he signed the LOA and that [was] when he was complaining about Mark. He said, this ticks me off with Mark. He said, I told him to do this months ago and he should have already had this done. It should be complete.

Alice Walsh further testified that Rick Walsh was “upset with Mark because this

should have been done months ago[.]”

Alice Walsh gave Rick Walsh a letter of authorization that Raymond James had

sent her. That letter stated: “Please use this letter as authorization to issue a check to

the American Funds for $50,000/split 50/50 FBO of [the granddaughters] from my

account . . . ,” identifying his brokerage account by name and number. Rick Walsh

signed the letter on July 21, 2015 and then gave it to Alice Walsh, who placed it in

her purse.

3 On July 24, 2015, Alice Walsh learned that Raymond James had not yet

transferred the funds because it had not received the letter of authorization. But Rick

Walsh, who was mere days from death at that point, asked Alice Walsh not to leave

his hospital bedside. Consequently, Alice Walsh did not send the letter to Raymond

James at that time.

Rick Walsh died on July 26, 2015. The next day, Alice Walsh faxed the letter

of authorization to Raymond James. Raymond James issued a check to the 529

accounts, but later reversed that transfer upon learning that Rick Walsh had died

before Raymond James received the letter of authorization.

In proceedings before the probate court, Rick Walsh’s executor, Bowen,

petitioned for a settlement of accounts, alleging that several purported inter vivos

gifts, including the transfer of funds to the 529 accounts, were estate property. After

a hearing, the probate court entered an order approving Bowen’s petition and granting

her attorney fees and costs against Alice Walsh. Among other things, the probate

court held that “there was no completed delivery of the alleged gift [of funds to the

529 accounts].” The probate court also found that Rick Walsh lacked the necessary

mental capacity to make the gifts and that Alice Walsh exerted undue influence over

him.

4 Alice Walsh brought a de novo appeal from this ruling in superior court. See

OCGA § 5-3-2 (a), § 5-3-29. Bowen moved for partial summary judgment as to the

alleged gifts to the 529 accounts. The superior court granted Bowen’s motion, finding

that there were no inter vivos gifts as a matter of law because Rick Walsh had not

completed the delivery of the intended gifts in his lifetime. Alice Walsh appeals.

2. Analysis.

An inter vivos gift operates “in the donor’s lifetime, immediately and

irrevocably; it is a gift executed; no further act of parties, no contingency of death or

otherwise, is needed to give it effect.” Longstreet, 312 Ga. App. at 5 (2) (citation and

punctuation omitted). A valid inter vivos gift must meet three statutory criteria: “(1)

The donor must intend to give the gift; (2) The donee must accept the gift; and (3)

The gift must be delivered or some act which under law is accepted as a substitute for

delivery must be done.” OCGA § 44-5-80. Delivery may be actual or constructive,

see OCGA § 44-5-82, but “[t]o be effective, delivery must be made during the

donor’s lifetime.” Longstreet, 312 Ga. App. at 5 (2) (emphasis in original). See also

Ansley v. Sunbelt Investments Realty, 176 Ga. App. 693, 695-696 (2) (337 SE2d 448)

(1985).

5 This appeal concerns only the third criterion: actual or constructive delivery

made during the donor’s lifetime. Although Bowen also challenges Rick Walsh’s

donative intent, she concedes for purposes of summary judgment that a factual

dispute exists on that issue. And a donee’s acceptance is presumed in cases involving

gifts of substantial benefit.

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