Consider these factors before you make a decision.
There can be very large differences between how different mergers are treated for tax purposes.
Understanding how your assets are titled is a major tool to protect your wealth.
In many cases there are two separate groups of assets to be addressed.
While the federal estate tax (in its current form) is probably something that very few people will need to worry about, the inheritance tax is really something that all Pennsylvanians need to consider.
The maturity of the annuity at age 85 may actually be a gift to annuity owners to further contemplate their exit strategy of this tax deferred investment.