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IN RE KAUFMAN

No. 96,254.

37 P.3d 845 (2001)

2001 OK 88

In re John A. KAUFMAN, Debtor.

Supreme Court of Oklahoma.

October 16, 2001.

Attorney(s) appearing for the Case

Lisa K. Endes, Oklahoma City, OK, for Debtor.

Steven W. Bugg, John N. Hermes, Lyle R. Nelson, Oklahoma City, OK, William J. Beckett, Malvern, PA, for Creditor.

KAUGER, J.:

¶ 1 We are asked to answer two questions:1 1) whether anti-assignment provisions restricting the power of an annuitant to sell, mortgage, encumber, or anticipate future payments, by assignment or otherwise, are valid; and 2) whether a purchase agreement between an annuitant/assignor and third-party/assignee for future annuity payments in exchange for a lump-sum payment is enforceable...

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