A Primer On Spendthrift Trusts (Snow v. Fonfa)

Reading the primer here (photo by Marilyn Swanson) By: Donald L Swanson “A restriction on the transfer of a beneficial interest of the debtor in a trust that is enforceable under applicable nonbankruptcy law is enforceable in a case under this title.”  11 U.S.C. § 541(c)(2). That is the Bankruptcy Code provision incorporating state laws on... Continue Reading →

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