Charitable gift annuity rates remain very attractive
Rates for charitable gift annuities (CGAs) continue to be attractive (higher than you can receive from a typical money market or savings account). You can utilize the gift calculator to find the current annuity rates. Or, to learn about rates specific to you – please contact us directly.
What is the current status of estate laws?
Estate laws have finally stabilized. The IRS only taxes those estates which exceed $5,430,000.00. The estate tax rate is 40% of a taxable estate.
While the Federal Government does not tax the majority of estates, various states maintain inheritance taxes at much lower rates ($675,000 in NJ). Note this does not include leaving everything to your spouse. Check with your advisor about inheritance taxes where you live. Not having a will could mean the State determines how your estate will be distributed, regardless of how much or little you own.
IRA tax free giving
The chance to donate up to $100,000 from IRA has been renewed! Continue Reading