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Can you name a beneficiary for an annuity in state of Louisiana?
Wiki User
∙ 14y ago
An annuity will have the following: Owner, Annuitant , Beneficary. Yes the owner of an annuity may name a beneficiary for an annuity, even in the state of Louisiana. (I am a native of Louisiana and can confirm that our laws are different). In most situations, the annuitant and the owner are the same. If the annuitant is not the owner, he or she may not have said power of naming the beneficiary.
I am a Louisiana Insurance Agent and have handled many annuities in the State of Louisiana.
Thanks
Wiki User
∙ 14y ago
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