CHARITABLE GIFT ANNUITY AGREEMENT DESCRIPTION OF AGREEMENTAnnuity Agreement • July 11th, 2019
Contract Type FiledJuly 11th, 2019This is for an annuity for two lives that is paid in a serial fashion (e.g., all of the annuity to the first annuitant and at the first annuitant’s death, all of the annuity to the surviving annuitant). The annuity begins immediately. It is typically used by a married couple where the separate property of one spouse is funding the annuity.
CHARITABLE GIFT ANNUITY AGREEMENT DESCRIPTION OF AGREEMENTAnnuity Agreement • July 11th, 2019
Contract Type FiledJuly 11th, 2019This is for an annuity for two lives that is paid in a serial fashion (e.g., all of the annuity to the first annuitant and at the first annuitant’s death, all of the annuity to the surviving annuitant). The annuity begins immediately. It is typically used by a married couple where the separate property of one spouse is funding the annuity.