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Suggested Maximum Gift Annuity Rates, Quality Training Opportunties, and Consumer Protection Advocacy

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Degree of Regulation

Ohio law does not specifically address charitable gift annuities. In one case, Transgenstein v. Board of Trustees of Wheaton College, 96 Ohio St. 3d 1525 (2002), the appellate court found that gift annuities do not constitute “transacting the business of life insurance” in the Ohio.  Because no further guidance is available, legal advice is recommended for the issuance of gift annuities in this state.