If you have an IRA and plan to give to LIFE Outreach International you may want to consider giving through your IRA. The silver lining to the Bail Out Plan is that there is a tax extention which creates a tremendous tax saving strategy!
Tax Extenders. The tax extenders section includes popular provisions that extend the IRA charitable rollover. The IRA rollover permits IRA owners over age 70½ to transfer up to $100,000 per year to public charities tax free. It is available for both 2008 and 2009.
Thank you for taking the time to explore the benefits of gift planning through bequests. For more information you can contact me personally at vaughn.peak@loi.org
Wills Guide Presentation
Learn how you can avoid an accidental disinheritance. View our Wills Guide Videos. Click here to learn more.
Personal Planner
Trusts For Creative Spenders Trusts can be quite useful for protecting children. However, for some children the trust serves an additional function: It protects the principal from being rapidly spent by a child. More ...
Benefits for Family and LIFE Outreach International
There are several types of plans. Many of these have wonderful benefits for the gift donors. Many of these families have enjoyed increased income and generous tax savings. You might start by meeting these friends. Just click on the picture and you can view each story.
Sale and Unitrust Gene and Carol White purchased stock in a small medical service company several years ago. The company has done well. A larger company is now discussing the possibility of buying the smaller company. Gene and Carol are looking for a way to save taxes. More on Sale and Unitrust >>.
The Retirement Unitrust Mary Friendly grew up on a farm. When her parents passed away, she inherited the farm. When Mary was growing up, the farm was out in the country. The city now has grown until the farm is now within the city limits. Several developers would like to build homes on the farmland. More on The Retirement Unitrust >>.
Generous IRA Gift Jerry Wyatt is a retired fireman. His greatest desire is to see poor children of the world gain access to clean drinking water. Recently, while watching LIFE Today, Jerry saw that a gift of $4,800 could drill a new well, providing fresh water to entire village. More on Generous IRA Gift >>.
Property Turns Into Income Miranda Jackson lived in the family home where she and her husband had raised their three children. After her husband passed away, Miranda found it increasingly difficult to care for her property. More on Property Turns Into Income >>.
Steps to Wise Giving
There are several steps to help you make wise and prudent gifts. These pages are here to help you learn how gift planning ideas can be of personal benefit. Let us suggest a few steps that would help you in that process.
Vaughn Peak National Coordinator Life Planning Services
Thanks very much for visiting us! I would be very pleased to help you. Simply click here to email me at your convenience.
Professional Advisors
We also have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We also are always available to assist in helping you provide clients with clear and understandable gift illustrations. If you would like assistance with a gift illustration, please contact vaughn.peak@loi.org.
If you are a professional advisor, you may take the following steps on this site.
Trusts can be quite useful for protecting children. However, for some children the trust serves an additional function: It protects the principal from being rapidly spent by a child. 
