Horsley v. Maher
District Court, D. South Dakota
1Opinion of the Court
MEMORANDUM OPINION
DONALD J. PORTER, Chief Judge.
This appeal from the United States Bankruptcy Court for the Central Division, District of South Dakota, raises the question of whether a contingent remainder in a trust containing a spendthrift provision is property of the chapter 7 debtor’s estate under 11 U.S.C. § 541(a)(1) or 11 U.S.C. § 541(a)(5)(A). Because the spendthrift provision of the trust in question is enforceable to prevent transfer of the debt- or’s contingent remainder interest in trust assets on or within 180 days after the bankruptcy filing, the debtor’s contingent remainder…
2Cases cited6 opinions
- Bankr. L. Rep. P 67,262 in Re Guy Robert Detlefsen, Bankrupt. J. J. Mickelson, Trustee v. Guy Robert Detlefsen and Paine, Webber, Jackson and CurtisCourt of Appeals for the Eighth Circuit · 1979
- Rowett v. McFarlandSouth Dakota Supreme Court · 1986
- Farmers State Bank v. JanishSouth Dakota Supreme Court · 1987
- Bankr. L. Rep. P 69,793 in Re William H. Edgar, Debtor. Lansing J. Roy, Trustee v. William H. EdgarCourt of Appeals for the Eleventh Circuit · 1984
- Myler v. Arney (In Re Arney)United States Bankruptcy Court, N.D. Illinois · 1983
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3Cited by5 opinions
- In Re KnightUnited States Bankruptcy Court, S.D. Florida. · 1994
- In Re SchauerUnited States Bankruptcy Court, D. North Dakota · 2000
- Smith v. Baydush (In Re Baydush)District Court, E.D. Virginia · 1994
- In Re WaxUnited States Bankruptcy Court, D. South Dakota · 1992
- In Re KnightUnited States Bankruptcy Court, S.D. Florida. · 1994