In RE McKAIN

MEMORANDUM

MARCIA PHILLIPS PARSONS, Bankruptcy Judge.

The chapter 7 trustee Douglas Payne objects to certain exemptions claimed by the debtor Carey McKain on the ground that the properties are not held by the Debtor and his wife as tenancies by the entirety and therefore are not exempt under 11 U.S.C. § 522(b)(3)(B). For the reasons discussed below, the Trustee’s objection will be sustained as to all properties but the Scott and Stringfellow stock account. This is a core proceeding. See 28 U.S.C. § 157(b)(2)(B).

I

The Debtor, a resident of Abingdon, Virginia, and his first wife Christine divorced…