An Inheritance From Trust Is Asset of Estate [1 Attachment]

Post Reply
Yahoo Bot
Posts: 22904
Joined: Sun Oct 18, 2020 11:38 pm


I didn't like how the opinion was written so we'll see what happens on
appeal. A proper trust would have certainly changed the outcome.
Sincerely,
Michael Avanesian
On Fri, Sep 12, 2014 at 6:33 PM, 'Gerald McNally' gm@mcesq.com [cdcbaa] wrote:
>
> [Attachment(s) from Gerald McNally included
> below]
>
> Ive attached an article about the Castellano case from ND Illinois.
>
>
>
> The bankruptcy court included a debtors vested trust inheritance in the
> estate, despite the spendthrift clause.
>
>
>
> Gerry McNally
>
>
>
> [image: McNally Bus Card Smaller]
>
>
>
> Gerald McNally
>
> McNally & Associates, P.C.
>
> 517 East Wilson Ave., Ste 104
>
> Glendale, CA 91206
>
> 818.507.5100
>
> Fax: 818.507.5001
>
>
>
> Notice to Recipient: This email is meant for only the intended recipient
> of the transmission and may be a communication privileged by law. If you
> received this email in error, and review, use, dissemination, distribution
> or copying of this email is strictly prohibited. Please notify us
> immediately of the error by return email and please delete this message and
> any and all duplicates of this message from your system. Thank you in
> advance for your cooperation.
>
>
>
> *IRS Circular 230 Disclosure: In order to comply with the requirements
> imposed by the Internal Revenue Service, we inform you that any U.S. tax
> advice contained in this communication (including any attachments) is not
> intended to be used, and cannot be used, for the purpose of (i) avoiding
> penalties under the Internal Revenue code or (ii) promoting, marketing or
> recommending to another party any transaction or matter addressed herein.*
>
>
>
>
>
I didn't like how the opinion was written so we'll see what happens on appeal. A proper trust would have certainly changed the outcome.On Fri, Sep 12, 2014 a
The post was migrated from Yahoo.
Post Reply