705. Annuities created for periods other than life.

Where there is a gift by will of an annuity1 to a person for some period other than his own life, the general rule is that the gift is for that period and for that period only. Thus, a gift of an annuity for a fixed term or during the life of another is a gift to the annuitant and his representatives for that term or during that other life2. An annuity given to one person during the life of another continues during the life of that other, even if the grantee predeceases him3. Thus an annuity given to