Helming v. Reed (In re Helming)

SCHERMER, Bankruptcy Judge

Carol Lee Helming (Debtor) appeals from the bankruptcy court’s1 order sustaining the objection of Jphn Reed, Trustee (Trustee) and holding that monthly payments due to the Debtor under a single premium annuity are not exempt under Mo. Rev. Stat. § 513.430.1(10)(e). We have jurisdiction over' this appeal from the final order of the bankruptcy court. See 28 U.S.C. § 158(b). For the reasons that follow, we affirm.

ISSUE

The issue in this appeal is whether the Debtor was entitled to exempt under Mo. Rev. Stat. § 513.430.1(10)(e) her right to receive payments under a single…