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LSDefine

Simple English definitions for legal terms

continuing annuity

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A quick definition of continuing annuity:

A continuing annuity is a type of payment that is made regularly, usually monthly or annually, to a person. This payment stops when the person dies. It is often acquired through a life insurance contract and provides fixed payments for a specific period. There are different types of annuities, such as fixed annuity, variable annuity, and survivorship annuity. A survivorship annuity provides for continued payments to a survivor, usually a spouse, after the original annuitant dies.

A more thorough explanation:

A continuing annuity is a type of annuity that provides for continued payments to a survivor, usually a spouse, after the original annuitant dies. It is also known as a survivorship annuity.

For example, if a husband and wife purchase a continuing annuity, the annuity payments will continue to be made to the surviving spouse after the husband passes away. This ensures that the surviving spouse will have a source of income even after the death of the primary annuitant.

Continuing annuities are commonly used in retirement planning to provide income for both spouses for the duration of their lifetimes. They offer a measure of financial security and peace of mind, knowing that the surviving spouse will be taken care of in the event of the other spouse's death.

continued-prosecution application | continuing application

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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