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Planned Giving Design Center, LLC
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General Discussion
Tue
18
Nov
2008
Valuing CRUTs with Variable Annuities with Guarantees
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Alden Tueller
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Some CRUTs are invested in variable annuities that include guarantees of principal. The market value of the annuities has sunk below the guaranteed value. What value should the administrator use in determining the payout?
