she notes that inclusion of this purported asset would largely cancel out inclusion of the purported debts to Robert that Jeff claims were erroneously excluded. We decline to address the trial court’s exclusion of this purported asset on the merits, given that Jeff has failed to explain how he was prejudiced by this ruling. As for loans Robert purportedly made to Jeff, the essence of Jeffs argument is that because the loans were evidenced by promissory notes, the trial court was required to include them in the marital estate as liabilities. Prior cases have clearly held, however, that courts are not required to accept one party’s characterization of funds received from a third party as a debt as opposed to an outright gift. See Macher v. Macher, 746 N.E.2d 120, 124 (Ind.Ct.App.2001) (<HOLDING>). When deciding whether the exchange of money
holding that the lower court failed to account for payments made in connection with the marital home including mortgage payments holding that where the policy includes indemnification coverage to the corporation proceeds are not property of the estate where there is no proof of payments by corporation of payments holding that funds advanced by husbands parents as down payment for purchase of marital residence was a gift and not a loan where there was no promissory note or other documentation no payments were made to parents for several years and no payments were requested holding that the court did not err in denying husbands parents motion to intervene where they allegedly loaned money for improvements to sons marital home and sought to assert interest in son and daughterinlaws marital home because the decree of dissolution would not determine the title of marital property in rem and parents failed to make a prima facie showing supporting their claim on the property holding that home purchased with separate funds and titled in one spouses name was transmuted into marital property because home was used as marital residence and the other spouse contributed to payments and repairs on home