Audi R10 Race Car Joins Festivals of Speed Supercar Event - World's Finest Cars, Motorcycles, Aircraft and Boats on Display
A fabulous collection of exotic cars, motorcycles and watercraft is set for display at the Vinoy Park in St. Petersburg. The Festivals of Speed takes place over two days, Friday, March 23rd and Saturday, March 24th. Friday evening will see a "Jet Port Reception" and Saturday will feature a display of 150+ exotic automobiles, motorcycles and watercraft displayed throughout beautiful Vinoy park. The charity is the Children's Dream Fund.
Sarah Palin Beats Out Porn & Sex
Overview of the number of people searching "Sexy Sarah Palin" and other Sarah Palin related search terms.
Women Seeking Men Online at Totally Free Dating Services
Because of this modern century we live in, we can do almost everything online So, looking for online dates at totally free dating services has been popular in the last few years
Free UK Car Insurance Information
Car owners in the UK are required by the government to have car insurance or at least have third party personal injury insurance. There are different policies or coverages available for consumers and the prices are calculated based on different variables, such as the type of vehicle you own, your age, sex and your residence. To find cheap car insurance with good policy terms you will need a lot of time and effort, but with detailed research and careful planning, you will most likely end up with good auto insurance.
Men Love Women Who Initiate Sex – 4 Fun Ways to Do It
This is a sizzling hot topic for a lot of women – How to initiate sex. If you are having a lot of trouble in this area, do not despair.
Women Seeking Men on Free Dating Services
The best place for women to seek men is from online dating services because it is easy, simple, and costless Single women just need to register their profiles at these dating services and single men will contact them immediately
Women Looking For Men at Free Online Dating Sites
The Internet world is booming There are many free online dating sites that provide the tool to search for dates online
Stop Porn and Block Porn Software Tools
Every site you visit, every image you look at, or every person you e-mail, all this information is stored somewhere on your PC. And no matter whether you cleared the history or not, these files are not completely removed from your hard drive. Clearing your history and emptying your recycle bin will make you think you have cleaned out all evidence, but all it will take to uncover your secrets is to browse through just a few of your window files. Besides this there are several program which will retrieve what you thought was gone for good. This is where Internet Eraser software offers a helping hand.
Anything RV, Inc.(TM) Announces the Launch of its Anything Trucker and Anything Cleaning Websites
Anything RV, Inc.(TM) was created to capture the potential of the Internet, as a marketplace that showcases products and services that will enhance the recreational experience. Since our launch in December 2005, our company was designed to be a road-map toward a safer and more fulfilling journey. We are committed to featuring 'cutting-edge' products and services that consistently deliver high quality, direct from the manufacturer to the customer at competitive pricing. It is our mission to provide a convenient, one-stop source with an unsurpassed dedication to quality and customer service.
New Website Helps Deliver Rock Hard Abs for Men and Women
Inspired by bodybuilding expert Anthony Reason, the popular new web site, www.AnthonyReason.com, is showing men and women of all ages how to develop great abs quickly and easily.
Music For Troops Produces Free, 50-State Music CDs for Men and Women in Uniform
Music For Troops (MFT) recently announced the creation of a boxed set of CDs titled "All States All Stars" that will be sent free to men and women serving in the armed forces in the US and overseas. Boxed Set of Songs Representing all 50 States Will be Released on July 4, 2007.
Women Have a New Hero: Man in the Outback Claims Open Season on Men
Adrian McMaster's new controversial e-book fuels the fire on women's scorn by exposing the inner workings of men.
Women Seeking Men at Free Online Dating Websites
In America or other Western countries, the rate of single people goes up in recent years Because of this modern society, people get divorced easier than in the old days
Delete Porn and Remove Porn Software Tools
The computer and internet has made research and looking for information an easy procedure as all one needs is knowledge of using the computer and internet. With this knowledge, it is possible to surf the internet to look for any and all information that is required by you for your work.
Single Women Seeking Men at Free Dating Websites
Free dating websites can be the perfect place for single women looking for dates It is easy to flirt at cafes, or tease office colleagues, but finding dates online can be even easier
|
 |
 |
How to Increase Your Income, Lower Your Taxes and Help Your Favorite Charity
Given the fact that most seniors are interested in a secure income, reducing risk and lowering taxes, here is a planning technique to consider if you are trying to increase your income.
Maybe you have a CD that is coming up for renewal and you discover the rate is going to be lower. You could have some stocks or mutual funds that were invested for growth and are thinking about selling some off and re-investing in something that would pay you an income. The only reason you haven?t sold them is that you don?t want to pay the capital gain.
I would suggest including a charitable gift annuity in your list of options.
A charitable gift annuity is a combination of a gift to charity and an annuity. For older people, annuity rates may be 8%, 9% or even higher. Since part of the annuity payment is a tax free return of principal, the gift annuity may provide you with a substantial income. The combination of partially tax free income and the initial charitable deduction makes this planning device attractive.
While this arrangement has its own unique benefits, the rate of return is less than if you had bought a commercial immediate annuity. Therefore, your decision to use a gift annuity should include a desire to eventually leave money to a qualified charitable organization that you have an interest in, such as a church, school, hospital, etc.
Gift annuities are easy to set up. You simply transfer property to the charity and the charity promises to pay a given amount monthly, quarterly, semi-annually or annually to you for as long as you live. Alternatively, you could elect to have the payments paid to you and another person for as long as you both live. Or you could elect to have the payments made to you for the rest of your life and then to the second person for the rest of their life. But the maximum number of people per gift annuity is two.
Gift annuity rates are set by the American Council on Gift Annuities. Charities don?t have to use these rates, but most do. So you don?t have to out shopping for the best rate. Make your choice based on the charity that you would like to support.
There are two tax issues that you should take into consideration when comparing a gift annuity to your other alternatives.
The first is that if you fund the gift annuity with cash, part of the payment you receive is taxed (as ordinary income) and part of it is not taxed as it is treated as a return of principal. If you fund it with appreciated property, and are the recipient of the income, part will be taxed as capital gain, part as ordinary income and part could be treated as a return of principal and not taxed. However, if you live past your life expectancy, all later annuity payments will be ordinary income.
The second tax issue is that when you give the charity your asset in exchange for a life income, you get a large income tax deduction. For most people, this income tax deduction is so big it cannot be taken in one year. So there are provisions to spread the deduction out over the year of your donation and five more. Your accountant can tell you if this will eliminate income taxes for the next 6 years or not. Chances are good that it will.
Please note that I am only giving general guidelines about taxation. Before you set up a gift annuity, you should sit down with your tax advisor to determine the exact tax ramifications for your situation.
There are a number of charitable gift annuity options and applications. This brief overview has given you some of the basics. If this seems like it may fit, contact the charitable organization of your choice and get a proposal. Then sit down with your accountant and financial planner and have them help you compare a gift annuity with your other options.
Robert D. Cavanaugh, CLU is a 36 year financial and estate planning veteran and author of the free newsletter, ?The Estate Preservation Advisor?. To subscribe and get a free video of one little known planning concept, go to http://theestatepreservationadvisor.com/freevideo.htm
|
