Which insurance company offers an annuity to be used as a trust fund for a child?
drlindafranklin asked:
My child is five years old. I do not want him to have access to the funds until he is forty.
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Tagged With Insurance Annuity, Insurance Company, Trust Fund
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3 Responses to “Which insurance company offers an annuity to be used as a trust fund for a child?”
So, you want to fully fund an annuity now, to start paying out in 35 years? I bet any of them would do that.
But an annuity is probably not the best way to do it. You probably want to just set up a trust in case of your death, which reverts to him when he’s 40.
Most of the big companies can offer you an annuity. But there are other ways to set up a trust fund. Talk to a financial advisor. Set up a Trust.
Northwestern Mutual..