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In re Sarah Anthony Wax

Bankr. No.: 
91-30086
Chapter: 
7
Date of Decision: 
November 5, 1992
Issue: 
Whether Debtor's interest as a trust beneficiary is property of the estate under ยง 541(c)(2)?
Ruling: 
Debtor's future interest in a trust created under Massachusetts law was not property of the estate because the trust contained a spendthrift clause provision that precluded debtor from any present interest that she could control.
Full Bankruptcy Court Decision: