Do the funds from an annuity go directly to the named beneficiaries or must the funds be deposited into an estate account and go through probate?

Question Details:

Asked on 12/19/2012 under: Wills, Trusts, Probate Missouri More Legal Topics ▼All States ▼

Catherine Blackburn / Blackburn Law Firm Answered 3 months ago This attorney is licensed in Florida View Attorney Profile

Funds from an annuity are paid directly to the beneficiaries. An annuity is a contract and not controlled by a will or an estate.

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