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Carroll v. Takada

Carroll v. Takada

Ruling
Trust property could not be exempted from the estate as the spendthrift clause has already ceased after it was distributed to the debtor-beneficiary. (7th Cir.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in Trusts Unaffected.

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Judge or Jurisdiction information not available
Consumer opinion summary, case decided on July 18, 2017 , LexisNexis #0817-105