Assume you were the recipient of a large inheritance from a trust fund set up by your rich uncle. The trust documents provided you with a choice of how you wanted your benefits paid out. You could either choose to receive a one-time payment of $2 million or a series of 20 annual payments of $165,000 each which cannot be transferred to another person upon your death if you were to die before the 20 years expired. Which would you choose and why?
Don’t forget to consider things like the time value of money, your expected life span, fluctuating interest rates, investment risk and return, personal spending and saving patterns, etc.

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