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  5. 374 B.R. 221 (2007)
 

IN RE BEVERLY

BAP Nos. CC-06-1250-KBN, CC-06-1449-KBN, CC-06-1273-KBN, CC-06-1284-KBN, Bankruptcy No. LA 04-29840 TD, Adversary Nos. LA 05-01254 TD, LA 05-01257 TD, LA 05-01649 TD.

374 B.R. 221 (2007)

In re William J. BEVERLY, Debtor. Edward M. Wolkowitz, Appellant, v. Stephanie Beverly; William J. Beverly, Appellees. Catherine Outland; Administrator of the Estate of Christine Martell; Susan Outland Gleason, Appellants, v. Edward M. Wolkowitz, Chapter 7 Trustee; William J. Beverly, Appellees.

United States Bankruptcy Appellate Panel of the Ninth Circuit.

Filed July 24, 2007.

Attorney(s) appearing for the Case

Sidney Lanier, Ayscough & Marar, Torrance, CA, for Edward M. Wolkowitz.

Dennis E. McGoldrick, Torrance, CA, for William J. Beverly.

Before: KLEIN, BRANDT and NIELSEN, Bankruptcy Judges.

OPINION

KLEIN, Bankruptcy Judge.

The bankruptcy planning dispute presented in these related appeals requires us to transit waters made turbulent by cross-currents of exemptions, fraudulent transfer, denial of discharge, and divorce. We publish to dispel the myth that the toleration of bankruptcy planning for some purposes insulates such planning from all adverse consequences — it does not. In matters of bankruptcy and insolvency planning, supposed...

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