Note: At publication date the House and Senate are close to agreement on the provisions of the tax extenders bill. It is very likely to be passed and enacted, but has not yet been signed by the President.

In The American Jobs and Closing Tax Loopholes Act of 2010 (H.R. 4213), Congress permits a 2010 rollover directly from an IRA to a qualified public charity.

This act enables an IRA owner age 70½ or older to make a direct transfer to charity. The transfer may be up to $100,000 in one year. >> More

Several years ago Mother and Father built a unique home on 45 acres of beautiful rolling hills and woods. Father passed away three years ago and Mother now solely owns the 45-acre parcel and home.

She enjoys the peaceful country view out her front window. >> More

ORG was a tax-exempt organization under Sec. 501(c)(3). ORG's organizing documents state that assets would be distributed to Sec. 501(c)(3) organizations upon dissolution. During an audit by the Service, it was brought to ORG's attention that ORG's primary and exclusive activity was the conducting of motto games for senior citizens, which did not qualify as an activity that furthers a charitable purpose. >> More

GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw Web Site. With one click on the GiftLaw Pro Link, you have access to a user-friendly and very comprehensive source for answering any of your planned giving questions. GiftLaw Pro is a gift planning electronic library with over 5,000 links. Select a link and you can view any topic and take a quiz, look at related information and view the actual regulations, private letter rulings or cases. You will find GiftLaw Pro to be your primary source for planned giving information in the future! >> 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 the following gift plans. >> More