this link for your November
2007 issue of Planned Giving Mentor in PDF format.
This issue starts with some of the basic foundation activities to
consider when beginning a planned gifts effort, it is an excellent
review and another fact filled issue.
complete collection of past Connell & Associated authored PG
Mentor articles along with other useful items check out Planned
|As planned gift officers
we deal with life expectancy issues. Can you name the top three countries
in life expectancy? Do you know how the life expectancy of US compares
to the rest of the world? Does the US rank 1, 3, 8, 13, 23, 31, 44,
52, or 63. See the answer using the folllowing link?
Estate planning is
a roller coaster ride as the exemption amount is scheduled to increase
in 2009 from $2.0 million to $3.5 million, with elimination in 2010
for one year. This will change planning strategies from reduction
and/or elimination of estate taxes to a strategy of the effective
use of capital gains issues, and estate planning for children and
grandchildren. Even with the elimination of the estate tax in 2010
families will face a hefty capital gains tax bill as new rules replace
the current basis for inherited property. PGOs need to prepare your
understanding of the new options and motivations to establish charitable
remainder unitrusts for the ultimate benefit of your charity.
The role of life insurance will also change and make it
available as a major future support for charities.
|We are all living longer
and that effect the ultimate return from planned gifts. A 65 year
old today can expect to live another 19 years compared to 1950 when
the expectancy was 14 years. There is a 52% chance at least one member
of a 6 5 year old couple will reach age 95.
|Note: Please check the current events
link to see my contact information thru February 16, 2008.