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IN RE ROBBINS

No. 86-2178.

826 F.2d 293 (1987)

In re Alice Ann ROBBINS, Paul R. Robbins. Alice Ann ROBBINS; Paul R. Robbins, Debtors-Appellants, v. Arthur D. WEBSTER, Trustee, Appellee.

United States Court of Appeals, Fourth Circuit.

Decided August 20, 1987.

Attorney(s) appearing for the Case

Garth R. Seehawer (Foley, Foley, Seehawer & Tollaksen, S.C., on brief) for debtors-appellants.

Stephen M. Hearne (Arthur D. Webster, Hearne, Webster & Spery, on brief) for trustee, appellee.

Before WIDENER and PHILLIPS, Circuit Judges and HAYNSWORTH, Senior Circuit Judge.

HAYNSWORTH, Senior Circuit Judge:

The question is whether in bankruptcy the settlors of a Maryland spendthrift trust for their benefit may exempt the trust assets and accruing income from the claims of their creditors. We agree with the district court that they may not.

In September 1982, Paul Robbins transferred certain interests in real estate owned by him to a trust. In September 1983, his wife, Alice, executed a supplement to the trust agreement and conveyed...

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