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§ 541(c)(2)

Diocese of Buffalo, In re

Ruling
Court barred debtor from using restricted seminary sale proceeds for bankruptcy settlement as funds were donated for permanent seminary use. (Bankr. W.D.N.Y.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in Trusts Unaffected.

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Commercial opinion summary, case decided on June 06, 2025 , LexisNexis #0825-066

Piskiel, In re

Ruling
Debtor's survivor benefit from his deceased father's pension plan did not become part of the debtor's bankruptcy estate and was outside the trustee's reach for distribution to creditors (Bankr. D.N.M.)
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 February 10, 2023 , LexisNexis #0423-036

Gilbert, In re--McDonell v. Gilbert

Ruling
Retirement accounts were excluded from property of the bankruptcy estate as the plans,whether or not tax-qualified, contained anti-alienation provisions which created a restrictionon transfer enforceable under applicable nonbankruptcy law. (Bankr. D.N.J.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 22, 2022 , LexisNexis #1022-088

Cross, In re

Ruling
Trustee's objection to the debtor's claim of exemption in the funds was sustained as the fundswere no longer part of the debtor's "right or interest" in the pension plan so as to be subject toexemption. (Bankr. W.D. Mich.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Consumer opinion summary, case decided on March 24, 2022 , LexisNexis #0522-061

Hoffman, In re

Ruling
Court held that Roth IRAs are excluded from a debtor's bankruptcy estate pursuant to federallaw. (11th Cir.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Judge or Jurisdiction information not available
Consumer opinion summary, case decided on January 24, 2022 , LexisNexis #0322-063

Dockins, In re

Ruling
Trustee was not entitled to turnover of funds from a 401(k) plan that debtor inherited from afriend prior to filing for Chapter 7 bankruptcy as the transfer restrictions were enforceable.(Bankr. W.D.N.C.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Consumer opinion summary, case decided on June 04, 2021 , LexisNexis #0721-060

Brown, In re--Ostrander v. Brown

Ruling
Bankruptcy court erred in finding that pre-petition, uncashed retirement check was notproperty of the estate. (B.A.P. 1st Cir.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on May 21, 2020 , LexisNexis #0720-018

Culane, In re

Ruling
Debtor's beneficial interest in an ERISA-qualified plan was excluded from debtor's estate.(Bankr. E.D. Mich.)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Consumer opinion summary, case decided on February 28, 2019 , LexisNexis #0419-060

Kiley, In re

Ruling
Debtor's interest in her ex-husband's retirement plan as a survivor beneficiary was excludedfrom property of the estate as it was subject to ERISA's anti-alienation provisions. (Bankr. D.Utah)
Issue(s)
Property of the Estate; Restrictions Voided; Restrictions on Transfer of Interests in

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Consumer opinion summary, case decided on December 04, 2018 , LexisNexis #0119-016

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