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In re Rowand

In re Rowand

Ruling
Debtor's beneficiary interest in spendthrift trust was not property of the estate.
Procedural posture

Chapter 7 trustee moved for an order designating him as beneficiary of two spendthrift family trusts in place of the debtor. The issue was whether debtor's interest as a beneficiary under the trusts created by her parents constituted property of her bankruptcy estate.

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Consumer opinion summary, case decided on July 30, 2012 , LexisNexis #0812-084