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PEYTON v. YOUNG

659 S.W.2d 205 (1983)

Gary PEYTON and Joseph Peyton, Movants, v. Mark YOUNG, Administrator of the Estate of Phyllis Hill, et al., Respondents.

Supreme Court of Kentucky.

November 2, 1983.

Attorney(s) appearing for the Case

William R. Whitledge, Madisonville, for movants.

Ronald K. Bruce, Madisonville, for respondent, Mark Young.

Richard A. Dennis, Asst. U.S. Atty., Louisville, for respondent, I.R.S.

Joe A. Evans, III, Madisonville, for respondent, Madisonville Bldg. & Loan.

James C. Brantley, Dawson Springs, for respondent, estate of William Hill.

LEIBSON, Justice.

The Estate of Phyllis Hill appealed from a judgment directing distribution of certain funds derived from the sale of a residence owned by Phyllis Hill at the time of her death. The Court of Appeals affirmed in part and reversed in part.

On January 30, 1975, William and Phyllis Hill purchased a residence by deed vesting title in them jointly with the right of survivorship. At the time of purchase they executed a first mortgage to Madisonville...

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