Legal Opinion
In Re Alice Ann Robbins, Paul R. Robbins. Alice Ann Robbins Paul R. Robbins, Debtors-Appellants v. Arthur D. Webster, Trustee
Court of Appeals for the Fourth Circuit
Decided August 20, 1987No. 86-2178PublishedCited by 10 opinions
1Opinion of the Court
HAYNSWORTH, Senior Circuit Judge:
The question is whether in bankruptcy the settlors of a Maryland spendthrift trust for their benefit may exempt the trust assets and accruing income from the claims of their creditors. We agree with the district court that they may not.
In September 1982, Paul Robbins transferred certain interests in real estate owned by him to a trust. In September 1983, his wife, Alice, executed a supplement to the trust agreement and conveyed to the trust real estate owned by her.
Under the terms of the trust, the income is payable to Mr. and Mrs. Robbins during their joint…
2Cases cited3 opinions
- Warner v. RiceCourt of Appeals of Maryland · 1887
- Watterson v. EdgerlyCourt of Special Appeals of Maryland · 1978
- United States v. BaldwinCourt of Appeals of Maryland · 1978
3Cited by10 opinions
- Cutter v. Seror (In Re Cutter)United States Bankruptcy Appellate Panel for the Ninth Circuit · 2008
- Halliburton Co. v. E.H. Owen Family TrustCourt of Appeals of Arkansas · 1989
- Putney v. May (In Re May )United States Bankruptcy Court, M.D. Florida · 1988
- In Re SpenlinhauerUnited States Bankruptcy Court, D. Maine · 1995
- Balanoff v. Glazier (In Re Steffan)United States Bankruptcy Court, N.D. New York · 1989
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