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Charitable Giving in Tough Economic Times — Up or Down?

When the Giving USA Foundation announced a couple weeks ago how much the American people gave last year, more than a few people found themselves scratching their heads. Was the message that 2008 was the second best year of gift giving ever? Or was the message that we have hunkered down and decided that charity begins at home?

The Real Reason Successful People Buy Life Insurance

Why do financially successful people buy life insurance? It may surprise you that the answer has little to do with costs. “Discounted dollars” – while having a lot of sizzle – is not the real reason people use life insurance.

Consider someone who has managed to build (and, in today’s economic climate, preserve) a comfortable net [...]

The 2009 IRS Dirty Dozen Tax Scams

As it does each year, the IRS has released its Dirty Dozen – the top tax scams taxpayers should be aware of. This year the IRS has included a 30-second video on YouTube warning: “If it seems too good to be true, ask a reputable tax advisor or go to www.irs.gov.” Unfortunately, after watching the [...]

60-Second Course on Charitable Gifts

Here’s a 60-second course in charitable giving. If you understand this, you’ll have a framework to help understand complex charitable gifts. Start your stopwatch.

Picture in your mind Bessie, the milk cow. (You can read about her on the famous cows website.)

That’s it. That’s all you need to know. If you can picture Bessie, you understand [...]