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Legal Opinion

In Re McLaren

United States Bankruptcy Court, S.D. Illinois

Decided December 14, 1998No. 19-40151PublishedCited by 12 opinions

1Opinion of the Court

OPINION

KENNETH J. MEYERS, Bankruptcy Judge.

The trustee in both of these cases objects to the debtor’s claim of exemption in life insurance policies made payable to a non-dependent family member of the debtor. In McLaren, 1 an adult daughter is the beneficiary of the debtor’s insurance policies, while, in Wheeler, the beneficiary is the debtor’s father. Both debtors acknowledge that the designated beneficiaries are not dependent on them.

The debtors claim their respective exemptions under 735 Ill.Comp.Stat. 5/12 — 1001(f), which exempts the cash value of life insurance policies made payable “to…

2Cases cited9 opinions

  1. In Re Marriage of LogstonIllinois Supreme Court · 1984
  2. In the Matter of Richard E. BARKER, Debtor-AppellantCourt of Appeals for the Seventh Circuit · 1985
  3. Haymes v. Catholic Bishop of ChicagoIllinois Supreme Court · 1965
  4. Frowner v. Chicago Transit AuthorityAppellate Court of Illinois · 1960
  5. In Re RigdonUnited States Bankruptcy Court, S.D. Illinois · 1991

4 more not listed; retrieve them via the Exa API.

3Cited by12 opinions

  1. In Re SimpsonUnited States Bankruptcy Court, S.D. Illinois · 1999
  2. In Re EllisUnited States Bankruptcy Court, S.D. Illinois · 2002
  3. In Re LenningtonUnited States Bankruptcy Court, C.D. Illinois · 2003
  4. In Re BuntingUnited States Bankruptcy Court, C.D. Illinois · 2005
  5. In Re GraceUnited States Bankruptcy Court, S.D. Illinois · 2002

7 more not listed; retrieve them via the Exa API.

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