The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: OT Financial Question||Date: 6/18/2012 2:46 PM|
|Author: TMFPMarti||Number: 116280 of 124784|
Can someone point to an instrument that could be purchased at the time of my death which would make annual payments over a period of ten years to an organization? The organization is a 501(c3) non-profit. Basically we want to spread a portion of our estate over a period of years - not in a single lump sum.
What has your estate planning attorney suggested? It seems to me that with all the bright minds in the financial sector they could dream up something. I mean, look at credit default swaps.
I would suspect there's some sort of annuity your executor could buy which would pay out over a specified number of years. My question would be whether the price of that would be more than the cost of administering a trust.
Rule Your Retirement Home Fool
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|