Ken & Elaine, thank you so much for your suggestions. I have repotted the plant/tree in a bigger pot and have added some of the stick fertilizers. I watered it and will not water it again. When I was repotting the bottom of the trunks were wet, in fact soaked, but the base where the roots were seemed to be okay. I live near the ocean so I think the humidity here keeps the soil pretty damp and therefore I don't need to water it much. The pot I got is a clay pot so I can see the water since the clay gets wet - hopefully this won't keep it too wet. I will let you know how it works out and perhaps I should try another type of fertilizer like Ken suggested... but I'll see how this goes and then keep trying.
I'll post some pictures in a month or so and hopefully it will be looking much better
Thanks again, you were both VERY helpful. I am not a gardener or planter; I just bought this tree in Home Depot one day because I liked it and I am realizing all the work that it needs.
Corey