Change of ownership from Trust to Individual annuity
Would changing the ownership on a variable annuity policy from a trust to an individual be a taxable event? It appears the potential client’s social security number is the tax id for the trust.
Would changing the ownership on a variable annuity policy from a trust to an individual be a taxable event? It appears the potential client’s social security number is the tax id for the trust.
Submitted by Dennis Prout on Tue, 2014-05-06 14:58