Lottery winnings: Should you take lump sum or annuities?

If you take the lump sum, it is obvious you can pass it to heirs Annuities are also considered personal property, however, so either way lottery winnings are

Lottery winnings: Should you take lump sum or annuities? Speak with your estate lawyer about setting up a revocable trust to which you can make changes as needed Retrieve the lottery ticket and have

If you take the lump sum, it is obvious you can pass it to heirs Annuities are also considered personal property, however, so either way lottery winnings are

can a trust claim lottery winnings in ny A lottery annuity prize is just like any other asset You can pass any remaining annuity payments on to your heirs or to anyone else The

When owners fail to name beneficiaries, the annuity can go through probate and assets may be forfeited to the issuing insurance company Owners who are married

can you start your own lottery annuity or the number of annuities that can be purchased If the main annuitant dies with funds left, any remaining amount will be passed to their heirs

annuity or the number of annuities that can be purchased If the main annuitant dies with funds left, any remaining amount will be passed to their heirs