In Re Jonathan D. Green, Debtor. Debra Ann Doss, Trustee of the Bankruptcy Estate of Jonathan D. Green, A/K/A Finn Green v. Patricia Headley Green

BOGGS, Circuit Judge.

Plaintiff trustee appeals the judgment of the district court affirming the bankruptcy court’s ruling that the debtor did not possess a property interest in the Headley Trust set up by his grandfather. The trustee argues that various agreements between the debtor and his mother did create an interest in the Headley Trust for his benefit. The trustee further contends that these various agreements are enforceable. For the reasons stated, we reverse.

I

During the 1930s, Hal Price Headley, Sr. (“Mr. Headley”) created inter vivos and testamentary trusts containing a corpus of…