Marine Bank of Springfield v. St. Joseph's Hospital (In Re St. Joseph's Hospital)

OPINION

KENNETH J. MEYERS, Bankruptcy Judge.

At issue in this case is whether the debt- or’s interest under a testamentary trust, which contains a “spendthrift” provision shielding the debtor’s beneficial interest from the claims of creditors and restricting alienation, constitutes property of the debt- or’s bankruptcy estate under 11 U.S.C. § 541. Marine Bank of Springfield, trustee of the testamentary trust, has filed a motion for relief from stay, arguing that the beneficial interest of the debtor, St. Joseph’s Hospital, is excluded from property of the estate under § 541(c)(2), which…