Archives for July 2018
Dem pollster: Women are less likely to be pro-choice
Thousands of Americans stand to be denied passports due to unpaid taxes
Places you can retire nicely on $30,000 per year
Trump’s predecessors treated illegal immigrants with disdain
All 12 boys and coach successfully rescued from Thai cave
Nationwide LGBT assault on Christian adoption and foster care agencies flares up
Netflix airs ‘Salute to Abortion’; hosts declares ‘God bless abortions’
Amazon ‘hate’ report lumps Christian literature in with KKK, Neo-Nazi products
Thinking of Giving to ministry in 2018?
By Jerry Love, Director of Planned Giving Appreciated Assets – Even with the volatility in early Feb, markets are still at all-time highs. Give stocks or mutual funds that have increased in value to benefit your church or ministry. Retirement Assets – Redirect retirement assets as part of your estate plans. These plans are taxable when distributed to individuals, but tax-free to charitable organizations. Consider leaving your church or another ministry as the beneficiary of your retirement plan, and other assets to your heirs. IRA Rollover – Those who are 70 and one-half in age or older may distribute IRA assets directly to a church or ministry. There are other stipulations, so contact the Louisiana Baptist Foundation for more information. Donor Advised Fund – Use this type of account to ‘bundle’ 2 years of deductions, if finances allow, into one to take advantage of itemizing deductions. Take the standard deduction following year, using the DAF to make distributions to ministry. Again, contact the Foundation for more details. The Louisiana Baptist Foundation is an entity of the Louisiana Baptist Convention and supported by the Cooperative Program. The Foundation assists people who want to give assets to their … [Read more...]
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