Private Annuity Agreement with Payments to Last for Life of Annuitant

In its simplest form, a private annuity agreement with payments to last for life of annuitant provides guaranteed payments over the lifetime of one person, with payments ceasing upon the annuitant's death.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction. (more...)