In the Matter of Shearn MOODY, Jr., Debtor. W. Steve SMITH, Trustee, Plaintiff-Appellee, v. Shearn MOODY, Jr., Defendant-Appellant

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that interests subject to spend- thrift trusts are not recoverable under § 541(a)(5) unless the debtor receives his interest within the 180 day period
• “Furthermore, income from a spendthrift trust which has already accrued in the hands of the trustee, but which has not yet been paid to the beneficiary, is also exempt from the claims of a beneficiary’s creditors.”

Source: CourtListener parenthetical corpus (CC0).