"Perpetual Care Annuity"

[JosephDeacon]

I had a call in from a friend who is in charge of setting up some type of fund that he is calling a "perpetual care annuity". I am not familiar with such an annuity or fund and thought I would check in here.

Thoughts?

 

[Justin Bilyj]

Annuity with a long term care rider is my guess..

 

[0b1kanobee]

I had a call in from a friend who is in charge of setting up some type of fund that he is calling a "perpetual care annuity". I am not familiar with such an annuity or fund and thought I would check in here.

Thoughts?

Why didn't you ask him for the scoop?

 

[arnguy]

Is that an annuity that will pay annually for the perpetual care for your grave site?