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January 05, 2009
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Welcome to Illinois Annuity Lawyers.com

 

 
Did You Know?    
 
 
A variable annuity has two phases: an accumulation phase and a payout phase.
During the accumulation phase, you make purchase payments, which you can allocate to a number of investment options. For example, you could designate 40% of your purchase payments to a bond fund, 40% to a U.S. stock fund, and 20% to an international stock fund. The money you have allocated to each mutual fund investment option will increase or decrease over time, depending on the fund's performance.

 



Our Illinois Annuity Lawyers are lawyers who specialize in the field of Annuity Law and other White-Collar crimes.

An annuity is an annual sum paid from a policy or gift. Annuity is short for a purchased annuity policy, which will pay dividends to its owner over a fixed period of time, or for life. Annuities are detailed contracts between you and an insurance company.

There are two kinds of annuities: Immediate Annuities and Deferred Annuities. Immediate Annuities are transacted by giving the insurance company money and the company promises to make immediate regular payments to you over your lifetime. Deferred Annuities allow your money to grow or accumulate through tax-deferred interest accumulation over a period of time before the insurance company begins paying you.

Sadly, annuities fraud is one of the most common white-collar crimes committed by criminals.

There are many different ways a criminal can commit annuities fraud, including:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

If you or anyone you know needs an attorney specializing in Illinois Annuities Law, or any related topic, contact us now and receive a free case review.

Contact our Illinois Annuity lawyer today and get a free consultation!

 
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Illinois External Sites    
 
 

Teachers' Retirement System of the State of Illinoi
To be eligible for a TRS retirement annuity, the Illinois Pension Code requires you to terminate active service as a teacher. ...
Teachers' Retirement System of the State of Illinoi
TRS retirement annuity is determined by average salary and total years of creditable service, ... Masthead photo. TRS logo, trs.illinois.gov ...

 


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Latest news about Annuity cases in Illinois and nationwide:

In The Matter Of Kelmoore Investment Company, Inc.
The Commission issued Order Instituting Administrative andCease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Ceas...
Read more >


Ozark Man Indicted For $2.8 Million Securities Wire Fraud
Bradley J. Schlozman, United States Attorney for the Western District of Missouri, announced today that an Ozark, Mo., man has been indicted by a f...
Read more >


More Annuity News >

 
 

Annuity Lawyers.com Terms

 


Today's Terms

Option B

Definition:
Coverage, equal to up to 5 multiples of your annual basic rate of pay, that you can elect in addition to Basic insurance. Also called additional optional insurance.

Living Benefits

Definition:
Basic insurance benefits (full or partial) paid to you while you are still living, rather than paid to a beneficiary when you die. You must be terminally ill, with a life expectancy of 9 months or less, to qualify for a living benefit.

Option A

Definition:
$10,000 in coverage that you can elect in addition to Basic insurance. Also called standard optional insurance.

More Annuity Lawyers.com Terms >

 

Annuity Law Resources

 


Search Annuity Law resources in our resource center:

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Annuity Law Hot Topics

 
Topics Related to Annuity:

  • Client Manipulation
  • Providing False Information
  • Lying to Auditors
  • Unauthorized Transactions
  • Breach of Fiduciary Duty
  • Broker Embezzlement

More Annuity Law Topics >

Illinois Annuity-Law Attorney

 
If you live in the following cities and need an Annuity-Law attorney you should contact our Annuity-Law Attorney as soon as possible:

  • Arlington Heights
  • Aurora
  • Bartlett
  • Berwyn
  • Bolingbrook
  • Buffalo Grove
  • Carol Stream
  • Chicago
  • Chicago Heights
  • Cicero
  • Des Plaines
  • Elgin
  • Glenview
  • Granite City
  • Harvey
  • Joliet
  • Lockport
  • Lombard
  • Mchenry
  • Moline
  • Mount Prospect
  • Normal
  • Oak Lawn
  • Palatine
  • Plainfield
  • Tinley Park
  • Waukegan
  • Wheaton


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