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properties, and not Legacy. It is clear that because the beneficial ownership is
vested in the planholders and the legal ownership in the trustee, LBP, Legacy,
as trustor, is left without any iota of interest in the trust fund.
Legacy is out of the picture and exists only as a representative of the
trustee, LBP, with the limited role of facilitating the delivery of the benefits of
the trust fund to the beneficiaries -the planholders. The trust fund should not
revert to Legacy, which has no beneficial interest over it. Not being an asset of
Legacy, the trust fund is immune from its reach and cannot be included by the
RTC in the insolvency estate.