THE ANNUITY

  • The annuity pays at a fixed rate of payment and will pay for two lifetimes.

  • It is based on the full market value of the property.

  • The annual payment is based on the beneficiary‚Äôs age.

  • For your security, the foundation re-insures the annuity with a major life insurance company (NY Life, Mass Mutual, AIG).

  • The annual income from the annuity should equal or exceed that which you receive from the property currently.

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