In Re Arsenault

MEMORANDUM OPINION

J. MICHAEL DEASY, Bankruptcy Judge.

I. INTRODUCTION

Michael S. Askenaizer, Chapter 7 Trustee (the “Trustee”), objects to the Debtor’s claim of exemption pursuant to N.H.Rev. Stat. Ann. (“RSA”) 281-A:52 in a $144,000.00 lump sum worker’s compensation settlement award (the “Award”), which sum the Debtor received shortly before he filed for bankruptcy and which sum he deposited into a checking account in his name in trust for his son (the “Bank Account”). The Trustee argues that the Debtor’s deposit of the Award into the Bank Account constitutes a transfer under 11 U.S.C. §…