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Can your children inherit your annuity?

Topic closed. 2 replies. Last post 13 years ago by hypersoniq.

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United States
Member #119
February 19, 2002
527 Posts
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Posted: July 15, 2003, 3:24 pm - IP Logged

Can your children inherit your Annuity if you die before the end of the 30-year period?



Do all states pay annuity funds to survivors designated in a will? What about if there is no will?



I'm curious.



Just so you know, I myself would choose the Cash option. :-)                                         

     


    United States
    Member #379
    June 5, 2002
    11296 Posts
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    Posted: July 15, 2003, 3:26 pm - IP Logged
    Greg:

    Whether or not the annuity can be passed on, don't forget the possible ESTATE TAX consequences.

      hypersoniq's avatar - 8ball
      Pennsylvania
      United States
      Member #1340
      April 6, 2003
      2450 Posts
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      Posted: July 15, 2003, 3:33 pm - IP Logged

      Here is a great link about what can go wrong...

      (Originally posted by midwstrngirl in a different thread)

      http://www.professorbeyer.com/Articles/Lottery.htm

      Playing more than one ticket per game is betting against yourself.