Private Annuity Agreement

Definition of  Private Annuity – A private annuity is a method of selling or transferring an asset whereby the seller (“transferor” or “annuitant”) sells or transfers the asset to the buyer (transferee) in exchange for the buyer/transferee agreeing to make certain payments to the seller/annuitant until the seller dies.

To qualify as a private annuity for U.S. tax purposes, in addition to other requirements, the buyer (obligor to make the annuity payments) must not be in the business of issuing annuities.

The basic essence of a private annuity is that a person, called the “transferor,” transfers property or money to a second person or trust (domestic of foreign), called the “transferee,” in exchange for the transferee’s unsecured promise to pay a lifetime income to the transferor . Click here for more details....
 

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Phil can help you fix your own property’s mold problems at low-cost, more safely, and better-in- results than what is done by many mold inspectors and mold contractors.  How can Phil help you?

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     3. Get FREE mold advice, mold help, and/or answers to your mold questions, by emailing mold expert Phillip Fry at envirotraining@moldinspector.com. You can also email pictures of your mold problems in jpeg file format as email attachments.

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Do-It-Best-Yourself Mold Solutions

Phil can help you fix your own property’s mold problems at low-cost, more safely, and better-in- results than what is done by many mold inspectors and mold contractors.  How can Phil help you?
     1. Read Phil’s five plain-English, mold advice books to master mold inspection, testing, removal, remediation, and prevention for your house, condo, apartment, office,  or workplace.
     2. Buy do-it-yourself, affordable mold test kits, mold lab analysis, video inspection scope, mold cleaner, and mold killer, for the  successful toxic and household mold inspection, mold testing, mold species identification and quantification, mold cleaning, mold removal, and mold remediation to find mold, kill mold, clean mold, and remove mold from your residence or commercial building.
     3. Get FREE mold advice, mold help, and/or answers to your mold questions, by emailing mold expert Phillip Fry at envirodangers@yahoo.com. You can also email pictures of your mold problems in jpeg file format as email attachments.