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Does it make any sense to have a fixed rate defered annuity inside of a living trust? The trust is my parents, since one of them passed away I am now co-trustee and am doing all of the managment of it. I noticed that the annuity was placed inside of the trust. It seems since you will have to pay taxes on it anyway on the increase in value, why not leave it outside the trust? Since it is an insurance product wont it avoid probate and possable inheritence taxes outside the trust?

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