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July 20, 2010
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Welcome to Washington Annuity Lawyers.com

 

 
Did You Know?    
 
 
Annuity tax-free exchanges, known as 1035 exchanges
Section 1035 of the U.S. tax code allows you to exchange an existing variable annuity contract for a new annuity contract without paying any tax on the income and investment gains in your current variable annuity account. These tax-free exchanges, known as 1035 exchanges, can be useful if another annuity has features that you prefer, such as a larger death benefit, different annuity payout options, or a wider selection of investment choices.

 



Our Washington Annuity Lawyers are lawyers who specialize in the field of Annuity Law and other White-Collar crimes.

An annuity is an annual sum paid from a policy or gift. Annuity is short for a purchased annuity policy, which will pay dividends to its owner over a fixed period of time, or for life. Annuities are detailed contracts between you and an insurance company.

There are two kinds of annuities: Immediate Annuities and Deferred Annuities. Immediate Annuities are transacted by giving the insurance company money and the company promises to make immediate regular payments to you over your lifetime. Deferred Annuities allow your money to grow or accumulate through tax-deferred interest accumulation over a period of time before the insurance company begins paying you.

Sadly, annuities fraud is one of the most common white-collar crimes committed by criminals.

There are many different ways a criminal can commit annuities fraud, including:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

If you or anyone you know needs an attorney specializing in Washington Annuities Law, or any related topic, contact us now and receive a free case review.

Contact our Washington Annuity lawyer today and get a free consultation!

 
Washington Audio & Video    
 
   
 
Washington External Sites    
 
 

NASAA-Washington State Law Defines Variable Annuities a
Washington State Department of Financial Institutions. ... recent roundtable sponsored by the NASAA committee working on variable annuity issues, the
James Goodrow-Statement of Charges
a Washington resident, had been a client of Goodrow’s for approximately twenty- ... form entitled Change of Ownership for each annuity to effectuate

 


  Newsroom  
 


Latest news about Annuity cases in Washington and nationwide:

Armed Services Committee Improves Veterans Survivor Benefit Plan
“Service members and survivors who signed up for the program will finally see some significant improvements to the SBP,” said Saxton. “We worked on...
Read more >


Department Confirms 1.4 percent Fixed Annuity Dividend for WRS Annuitants
MADISON -- Governor Doyle signed legislation today paving the way for the Department of Employee Trust Funds to pay a 1.4% fixed annuity dividend t...
Read more >


New Orleans Hospital Corporation Agrees To Guarantee Pensions

Christian Health Ministries in New Orleans, La., has reached a voluntary agreement with the U. S. Department of Labor to guarantee ...

Read more >


More Annuity News >

 
 

Annuity Lawyers.com Terms

 


Today's Terms

Annuity Starting Date

Definition:
For most types of annuities, the first day of the month following either the date after the day you separate from service or the date after your last day in pay, whichever is earlier. If you were in pay status for three days or less in the month of your retirement, the annuity starting date is the date after either the day you separate from service or your last day in pay and in which you meet age and service requirements, whichever is earlier

Designation of Beneficiary

Definition:
Notice, signed by you and witnessed by two persons, indicating the person(s) you want to receive your life insurance benefits. The form generally used for life insurance designations is the Designation of Beneficiary form (SF 2823).

Living Benefits

Definition:
Basic insurance benefits (full or partial) paid to you while you are still living, rather than paid to a beneficiary when you die. You must be terminally ill, with a life expectancy of 9 months or less, to qualify for a living benefit.

More Annuity Lawyers.com Terms >

 

Annuity Law Resources

 


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Annuity Law Hot Topics

 
Topics Related to Annuity:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

More Annuity Law Topics >

Washington Annuity-Law Attorney

 
If you live in the following cities and need an Annuity-Law attorney you should contact our Annuity-Law Attorney as soon as possible:

  • Arlington
  • Auburn
  • Bellevue
  • Bellingham
  • Bothell
  • Bremerton
  • Edmonds
  • Everett
  • Federal Way
  • Kennewick
  • Kent
  • Kirkland
  • Lacey
  • Longview
  • Lynnwood
  • Marysville
  • Moses Lake
  • Oak Harbor
  • Olympia
  • Pasco
  • Port Orchard
  • Redmond
  • Renton
  • Richland
  • Seattle
  • Shelton
  • Snohomish
  • Spanaway
  • Spokane
  • Sumner
  • Tacoma
  • Vancouver
  • Walla Walla
  • Wenatchee
  • Woodinville
  • Yakima


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