Can bank seize annuity left to children?

Yes, banks can potentially seize an annuity left to children if the deceased had outstanding debts or obligations that need to be settled. However, this typically depends on state laws regarding inheritance and creditors' rights. In many cases, annuities may have designated beneficiaries, which can protect them from being seized to pay off debts. It's advisable for beneficiaries to consult with a legal expert to understand their rights in such situations.