Estates under five million dollars with annuities.

estates under 5 million

Estates Under Five Million Dollars


  • upon death can go to your spouse, there’s no tax consequences for him/her to continue.

  • after death, of death of spouse, the annuity must be cashed in.

  • all profits are subject to federal,state and city income tax at beneficiary rate. 

Note: Trust Beneficiary is the highest tax rate. 

Presented by: Wasserman, Phillip of Sarasota, FL.

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