[CLBS] property of the estate question

David Brown attorneydavidbrown at gmail.com
Tue Aug 23 11:11:49 MDT 2016


 I have a potential debtor that needs to file chapter 7. Her mother has
purchased stock and debentures for debtor's children. They have only ever
been in the mom's and the children's name. Never in the debtor's name. My
concern is that the trustee may claim that the stock and debentures are
property of the estate since the children are minors and minors property is
also debtor's property. On the other hand debtor has never purchased these
and has never had an ownership interest in them. Thoughts?

Thank you, David Brown


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