We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations. Also, as a convenience to you and your clients, we have provided you with sample bequest language and our tax ID number should your clients want to include SPU in their estate plan.
More

Each year, IRA owners age 72 and older must take a required minimum distribution (RMD). The RMD in nearly all cases is calculated using the Uniform Table. Under the Uniform Table, distributions generally start age 72 at approximately 3.7% and increase each year. The RMD must be taken on or before December 31 of each year. Many IRA owners with significant balances take the RMD during the last quarter of the year. Because many individuals with larger IRAs do not require IRA funds for daily living expenses, delaying an RMD until the end of the year allows for additional tax-free growth in the IRA. Fortunately, the IRA charitable rollover will qualify to satisfy a donor's RMD. The IRS term for an IRA charitable rollover is a qualified charitable distribution (QCD). IRA custodians may also use "QCD" to refer to this transaction. There are five donor profiles for IRA rollover gifts. The first are the convenience donors, who find it to be a very simple and easy method for an end of year gift. The second is the generous donor, who wants to give more than the 60% of AGI limit....
More

GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...
More

The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...
View Presentation