Lunkes v. Gecker Ex Rel. Bankruptcy Estate of Lunkes

MEMORANDUM OPINION AND ORDER

VIRGINIA M. KENDALL, District Judge.

William J. Lunkes and James A. Lunkes, (collectively the “Debtors”) appeal decisions by the Bankruptcy Court for the Northern District of Illinois (the “bankruptcy court”) sustaining objections by Chapter 7 Trustee Frances Gecker (“Gecker”) to an exemption claimed by each of the Debtors. The Debtors’ appeals have been consolidated before this Court. The Debtors challenge the bankruptcy court’s findings that the John W. Lunkes Trust (the “Trust”) is not a spendthrift trust, and that their interests in the Trust are therefore not…