My question involves bankruptcy in Puerto Rico
My father recently passed away and left each of his 4 children an annuity. The annuities were in his name in a revocable trust. Since our father just died, we are in the midst of changing the owner of each annuity to our own names. My brother, who lives and works in Puerto Rico, is getting ready to file for bankruptcy. How will this filing affect the annuity that will now be in his name? As the new Trustee of the Trust, should I avoid changing the annuity to his name and just leave his annuity in the Trust under our deceased father's name? If we do change the name from our father's to my brother's, could he leave the money in the annuity (not cash it in) and thereby protect it from the bankruptcy filing? In short, how can my brother protect this inheritance during the bankruptcy procedure?

