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Bankruptcy – Spendthrift Trust – Debtor's Contingent Remainder Interest – Settlors' Intent (access required)

Although the chapter 7 debtor has a contingent remainder interest in the corpus of two testamentary spendthrift trusts established by his grandparents, and may be entitled to a distribution of corpus when conditions precedent to termination of the trusts are met, the bankruptcy court erred in concluding that debtor's contingent remainder interest is a part ...

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