A challenge for annuity producers is understanding the how to properly structure the contract: designating the contract's owner, annuitant, and beneficiary in a way that supports a client's objectives. This course covers annuity contract structures, unique features, simple vs. complex structures, owner-driven vs. annuitant-driven contracts, and their impact on death benefits. It also explores common mishaps and the pros and cons of trust ownership.

• demonstrate an understanding of the core annuity features that may be affected by annuity contract structure
  
• describe the tax treatment of amounts received when a contract is annuitized versus other types of withdrawals from annuities
  
• identify the elements that affect annuity structuring
  
• demonstrate an understanding of the effect of annuity structure and design on the payment of death benefits
  
• identify the consequences that may result from improper annuity structure
  
• demonstrate an understanding of the factors to consider before recommending annuity ownership by a trust