You need to get a copy of your Mother's will to prove that you are an executor of her estate. If there is no will you need to apply for an appointment as an executor so that you can handle her estate matters.
You can request a copy of the Letters Testamentary from the court that issued them.
Yes a company can be appointed as executor. Banks are often asked to handle the estate.
There is a company called Woodbridge Investments that will offer you cash for your annuity, if you wish to sell it. Otherwise you should contact the insurance company that provided you with the annuity and ask them.
Also check whether your current company offer a guaranteed annuity.
There is very likely a form that you can fill out to do that, which you can obtain from the company from which you have purchased your annuity.
There are a couple of ways to get cash for your annuity. You can contact the company and ask to cash out. Another option is to hire an attorney and get the annuity that way.
Your annuity policy document should have all the withdrawal provision detailed for you. If not contact the company you have the annuity with and they can give you instructions. Before you withdraw from an annuity be aware of the tax treatment of your annuity withdrawals.
Call the customer service department, have the policy number handy and request a claim form. The company will advise you as to what documentation it will require. They will ask for a certified death certificate and copies of your Letters Testamentary if the policy is payable to the estate.
An Annuity
Tranamerica is an insurance company that offers variable annuity. Their yield depends on the situation of the person. If a person qualifies for annuity.
A fixed income annuity is a type of insurance contract where the insurance company makes payments of a preassigned amount to the holder of the annuity, the annuitant.
There is no restriction on how much you can get in annuity payouts from your insurer. The annuity payouts depend on the plans and coverage and also the insurance company.