Kest v. Bassin

AUGUSTUS N. HAND, Circuit Judge.

Henry Kest filed a voluntary petition in bankruptcy on August 2, 1932, and was forthwith adjudicated a bankrupt. He carried a number of insurance policies on his own life which the court below found to have had a cash surrender value of $1,870.03 on the foregoing date, but there seems to have been no proof in the record that such was the value at the time when the petition was filed, and an as*706signment of error filed by the bankrupt-appellant points out this lack of proof.

In July, 1928, Kest executed a trust agreement creating a trust covering the above…