Trusts

our will is outdated. we sold all properties that was in the will and bought an annuity. this will have to be paid out in three years. how can we put this money in a trust for our children. we have four and only want it in one daughter's name to handle the distribution at our death.

I'd like to open a special needs trust fund for my brain-injured son who is an adult and has just been granted social security benefits. He received $30,000 in back SSI payments. Going forward, his monthly payments will be SSDI. Even though it's my understanding that SSI money cannot be seized for child support, he was concerned that it would be and so we opened a savings account in my name for the money. My question is, would the Special Needs Trust be a good vehicle for him (with me as the trustee) and will I have to pay income tax on the money if it's in an irrevocable trust?

My father passed away on 4/28/09. He had a trust set up in the State of Hawaii. A local bank was named trustee, but declined to be trustee after his passing. My 2 brothers and I signed a form acknowledging their withdrawal, but in no way declared that any of us would be trustee. No one in our family was willing to be trustee and as of now there still is no personal representative. His estate has tremendous debts. What happens when there's no trustee? Are we going to be in any way responsible for his debts?

need help protecting minimum family assets against potential debt collection (medical bills) --would a family trust help? asking on behalf of a relative living in Texas - I need legal information specific to Texas

I am creating a revocable living trust & will fund it with real property. It will be for my parents who are 90 and it's their condo that is recorded in a Florida courthouse as joint tenants & their title is free & clear. Question...do I prepare a quitclaim deed that adds myself & my sister as joint tenants as well & have it witnessed & notarized for recording & doc stamped at my local courthouse where the org deed in held?