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IN RE KHAN

BAP No. 07-036, Bankruptcy No. 06-13878-WCH.

375 B.R. 5 (2007)

Sher Zamin KHAN, Debtor. Sher Zamin Khan, Appellant, v. Carolyn Bankowski, Chapter 13 Trustee, Appellee.

United States Bankruptcy Appellate Panel of the First Circuit.

September 6, 2007.

Attorney(s) appearing for the Case

Richard N. Gottlieb, Esq., on brief for Appellant.

Patricia A. Remer, Esq., on brief for Appellee.

Before VAUGHN, CARLO, and DEASY, United States Bankruptcy Appellate Panel Judges.

DEASY, Bankruptcy Judge.

Sher Zamin Khan (the "Debtor") appeals from the May 8, 2007, order of the bankruptcy court sustaining the objection of Carolyn Bankowski, chapter 13 trustee, (the "Trustee") to the Debtor's homestead exemption to the extent the exemption exceeds $125,000.00 (the "Order").1 The issue presented is whether an interest in property transferred to the Debtor by a trust is considered an interest acquired by the Debtor...

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