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: