Royal v. Co-Personal Representatives of the Probate Estate of Sanford (In Re Sanford)

OPINION

CLARK, Bankruptcy Judge.

Chapter 7 Trustee brought an adversary action seeking to avoid Debtor’s renunciation of an interest in his father’s estate as a fraudulent transfer under 11 U.S.C. § 548(a)(1) and (2). 1 Following an eviden-tiary hearing, the bankruptcy court entered judgment in defendants’ favor, finding that the renunciation did not constitute a transfer of an interest in property and, therefore, could not be avoided under § 548(a). Trustee appeals. For the reasons stated herein, we reverse the judgment and remand this matter to the bankruptcy court for further proceedings.

I.…