10-13-12 Seminar - WHEN BK COLLIDES W/ TRUSTS, PROBATE AND CONSERVATORSHIPS
Posted: Tue Oct 23, 2012 10:28 am
It would be wise to actually read Newman. That case was based on Missouri law which apparently never concluded that payments from a spendthrift trust were bequests, devises or inheritances. What does CA law say? (I don't know.) That is the question. I find it hard to believe that property acquired from a trust upon the death of the trustee/settlor, as opposed to periodic payments from a spendthrift trust, would not be an inheritance, devise or bequest.
Vernon L. Ellicott, Esq.
Certified Family Law Specialist
California State Bar Board of Legal Specialization
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A bad day on the bike is better than a good day on the golf course.
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