TAXATION OF ANNUITY CONTRACTS UNDER ESTATE AND INHERITANCE TAXES

Authors

Robert Meisenholder, Member of the South Dakota barFollow

Abstract

A glance at any authoritative encyclopedia will confirm the fact that annuity transactions of one sort or another have existed since earliest civilized times. It was not until 1762, however, that the first insurance company of the world was established; at that time began the issuance of annuity contracts similar to our modem contracts. The popularity of such contracts has increased and decreased at various periods in Great Britain. But in the United States, they have assumed importance only since the beginning of this century and have attained a relatively widespread popularity only since the years of prosperity in the 1920's.

Recommended Citation

Robert Meisenholder, TAXATION OF ANNUITY CONTRACTS UNDER ESTATE AND INHERITANCE TAXES, 39 Mich. L. Rev. 856 (1941).
Available at: https://repository.law.umich.edu/mlr/vol39/iss6/3