Can more than one annuitant receive payments?
IRS regulations require that no more than two annuitants are to receive payments. However, most often, a Charitable Gift Annuity is written for the lives of both spouses. Another attractive feature of the charitable gift annuity is the ability to include others who are important to you. You may purchase a gift annuity to provide for a child with special needs or to provide for the long term needs of parents.
