Alabama Annuity as Consideration for Conveyance of Farmland

• Category: Contracts - Annuities
• State: Multi-State
• Control #: US-1340986BG
• Format: Word; Rich Text

Description

An annuity is a contract that pays periodic income benefits for a specific period of time or over the course of an annuitant’s lifetime. These payments can be made annually, quarterly or monthly.