Hello. I was hoping you could provide some insights on bankruptcy in general.
I am filing pro-se. I am 1/3 beneficiary to my mothers trust. The trust includes a home and some liquid assets and a separate Inherited IRA and is owned by the trust company. The trust is a spendthrift trust and instructs that beneficiaries are to receive $500 a month. Also all beneficiaries are permitted to live in the home until they are ready to move out at which time the house will be sold and proceeds go into the main body of the trust to be dispersed as stated above.
The main part of my question is substantive.
Under what schedule should the trust and IRA be listed? Should the house be listed in schedule A even tho I do not own it and it is considered an asset contained in the trust?
My hunch is perhaps Schedule B number 19 or 20?
Or perhaps I only list the trust and IRA only in Schedule C exempt assets?
I have them listed as exempt per 11U.S.C. 541(c)?