Legal Opinion

G. Latta Bachelor v. Regions Bank

Court of Appeals for the Eighth Circuit

Decided August 12, 2011No. 10-2117, 10-2123PublishedCited by 8 opinions

1Per curiam

Frederick Wetzel, the trustee of Cheryl Reagan’s bankruptcy estate, and Latta Bachelor, the personal representative of Ronald Reagan’s probate estate, appeal from an order of the District Court 1 af firming the judgment of the Bankruptcy Court 2 in this interpleader and declaratory-judgment action filed by Regions Bank. We affirm.

Ronald Reagan (Ronald) died February 1. 2000, leaving an estate valued at almost $20 million. Ronald’s will created a testamentary trust (Trust C) for the benefit of his wife Cheryl Reagan (Cheryl). Trust C included a spendthrift provision, 3 which stated:

Except as…

2Cases cited10 opinions

  1. Patterson v. ShumateSupreme Court of the United States · 1992
  2. In Re N.S. Garrott & Sons and Eastern Arkansas Planting Company, a Joint Venture. N.S. Garrott & Sons, an Arkansas General Partnership, Eastern Arkansas Planting Company, an Arkansas General Partnership v. Union Planters National Bank of Memphis and Crittenden Abstract & Title Co., Inc. Chicago Title Insurance Company, Intervenor, in Re N.S. Garrott & Sons and Eastern Arkansas Planting Company, a Joint Venture. N.S. Garrott & Sons, an Arkansas General Partnership, Eastern Arkansas Planting Company, an Arkansas General Partnership v. Union Planters National Bank of Memphis, Crittenden Abstract & Title Co., Inc., Chicago Title Insurance Company, IntervenorCourt of Appeals for the Eighth Circuit · 1985
  3. Bethell v. BethellSupreme Court of Arkansas · 1980
  4. Wayne Drewes, Trustee-Appellant v. Barry Schonteich, Debtor, Linda Schonteich, Debtor-AppelleeCourt of Appeals for the Eighth Circuit · 1994
  5. Law v. Stover (In Re Law)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2006

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3Cited by8 opinions

  1. Robert A. Sears v. Joseph H. BadamiCourt of Appeals for the Eighth Circuit · 2013
  2. Seaver v. Klein-Swanson (In re Klein-Swanson)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2013
  3. Mehlhaff v. Allred (In re Mehlhaff)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2013
  4. Brenda Jo MuselUnited States Bankruptcy Court, D. Minnesota · 2021
  5. In re Living Hope Southeast, LLCUnited States Bankruptcy Court, E.D. Arkansas · 2014

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