1. 1000 POINTS
    Tyler Maddox
    Retirement Specialist, Cambridge Financial Group, Greenville, SC
    Many trusts can own annuities, but it depends on the trust. You should ask the lawyer you are working with if your particular trust may own an Annuity.

    Annuities can be used in trusts to guarantee growth or guarantee income for the beneficiaries of the trust.

    Annuities are a common tool in estate planning, which often uses trusts to accomplish goals.
    Answered on October 24, 2013
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