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I am interested in implementing a Private Annuity Trust, what is the next step?

April 26, 2017Annuity implementing private step Trust

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I am interested in implementing a Private Annuity Trust, what is the next step?

1 Answer

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A. The next step is to contact NAPAT directly. NAPAT will then meet with you and your tax advisor and answer any questions that you may have. We will provide you with a detailed illustration of what your annuity payments might look like, and then go through and assist you in filling out an application and information form. Once the application is complete NAPAT will refer you to up to 3 attorneys who specialize in drafting PATs. Finally, upon completion of the documents, NAPAT or one of its associated members will assist you, your financial planner, and tax advisor with the final implementations of the Private Annuity Trust.