GiftCharity GiftLegacy eNewsletter July 26, 2010

Dear Friend,

Greetings from The Baptist Home. I am pleased to share with you the latest news from The Home and timely articles. We provide this eNewsletter and web site to our friends as a free service. Please feel free to call me at 573-546-2709 if I can run a proposal or be of assistance to you.

IT'S ALMOST THAT TIME AGAIN! In just a few short weeks, The Baptist Home's Fall Celebration will be held once again at the Windermere Baptist Conference Center. Mark your calendars and come join us September 20-23! This year's event will feature keynote speaker Dr. Calvin Miller, the author of more than forty books of popular theology and inspiration as well as the author of several poems and free-lance articles that have appeared in magazines such as Christianity Today and Campus Life. In addition, marriage and family speaker Dr. John Howell will also be teaching sessions on transitions in mature marriages. For more program information, contact Frank Fain at (866)454-2709 or to register, contact Windermere Baptist Conference Center at (800)346-2215.

Washington Hotline

Top Rates Will Increase – Speaker Pelosi

Members of both Parties joined the debate this week on income taxes. Without action by Congress, all of the tax reductions in the 2001/2003 tax acts will be phased out on January 1, 2011.

Finances

Amazon Shares Fall on Missed Expectations

Shares of Amazon slid 15% this week after the media retailer's second-quarter earnings report failed to meet Wall Street's expectations. Amazon reported earnings of $207 million for the quarter, which was well below market analysts' estimates.

Treasuries Rise and Fall on Uncertain Economy

Treasury prices rose early this week following testimony from Federal Reserve Chairman Ben Bernanke before Congress concerning the state of the U.S. economy.

Mortgage Rates Reach Record Lows

Freddie Mac reported mortgage rates at record lows this week. The 30-year fixed-rate mortgage (FRM) averaged 4.56%, down from last week when it averaged 4.57%. Last year at this time, the 30-year FRM averaged 5.20%.

Savvy Senior

How to Protect an Elderly Parent

"My 80-year-old mother lives alone about an hour from me and I worry about her health and safety. Outside of the telephone, what types of caregiving devices can you recommend that can help me keep tabs on her?"

Just For You

Protect Your Dreams

Would you like to transfer the balance of your IRA at death and avoid paying hefty taxes? Click here to receive our brochure entitled Protect Your Dreams and learn how smart retirement asset planning can reduce or avoid taxes.

Thank you for your interest in The Baptist Home. To access any of this updated financial and gift planning information, please select our web page by clicking on the menu items at the top of this email, or clicking HERE!

Cordially yours,
The Baptist Home

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Note: Articles, commentary and other materials in the GiftLegacy system are included solely as educational information. Since articles may not always reflect the current AFR or tax law, it may be necessary to run any illustration with a current version of Crescendo Software to obtain updated information. If professional services are required, all persons shall consult with their qualified professional advisors. Tax Quotes are courtesy of Jeffery L. Yablon, Washington, D.C.

The Baptist Home Corporate Office, Post Office Box 87, Hwy 72 East, Ironton, MO 63650 Phone (573) 546-2709 Email: desk@thebaptisthome.org