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IN RE MONTGOMERY

Bankruptcy No. L88-00313C.

104 B.R. 112 (1989)

In re Daniel Patrick MONTGOMERY, Debtor.

United States Bankruptcy Court, N.D. Iowa.

June 8, 1989.

Attorney(s) appearing for the Case

Joseph C. Johnston, Iowa City, Iowa, for debtor.

William D. Martin, Cedar Rapids, Iowa, Trustee.

MEMORANDUM AND ORDER Re:

Trustee's Objection to Exemption

MICHAEL J. MELLOY, Chief Judge.

The matter before the Court is the Trustee's Objection to Property Claimed as Exempt. The Trustee is attempting to reach the Debtor's interest in annuity contracts. The Debtor contends that the annuities constitute "spendthrift trusts" under applicable nonbankruptcy law, and therefore should be excluded from the bankruptcy estate pursuant to 11 U.S...

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