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Brian gives his lawyer Dave $200,000 that will be used as a down payment to...

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Brian gives his lawyer Dave $200,000 that will be used as a down payment to purchase a condo. Brian received these funds from his mother’s life insurance death benefit. The money is deposited into Dave’s trust account. Unbeknownst to Brian, Dave is going through financialhardship. If Dave files for bankruptcy while Brian's funds are still in his trust account, can the bankruptcy trustee seize the funds?

A.

Yes, because the account is in Dave’s name.

B.

Yes, because life insurance benefits, once paid out, are seizable.

C.

No, because the money does not belong to Dave.

D.

No, because trust accounts are protected from seizure by creditors.

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