Did you recently inherit an annuity and wonder if you can just cash out the entire account and walk away? Or maybe you are setting up your own annuity and want to make sure your kids don't blow their inheritance all at once?

In this video, Shawn Plummer from The Annuity Expert answers whether annuity beneficiaries can choose a lump sum death benefit. The good news is that in about 90% of cases, you can absolutely take the lump sum! Shawn breaks down the exact options available depending on your relationship to the deceased. He explains how a surviving spouse can utilize "Spousal Continuance" to seamlessly take over the contract, while non-spouse beneficiaries can choose between a lump sum or payouts over a fixed period.

Shawn also reveals the rare 10% of cases where a lump sum is not allowed. You will learn what happens if the contrac ...