Using Life Expectancy Tables For Private Annuities

Date
1996-03-22
Authors
Harl, Neil
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Abstract

Private annuities are entered into for a variety of reasons. Some annuitants seek a stream of income that will continue until death of the annuitant — or annuitant and spouse under a joint and survivor annuity; others are moved by a desire to transfer significant assets such as farmland to someone in the next generation as obligor.

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