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Allen Chapin
A Red Cross Volunteer for Life
"I can’t give enough because the Red Cross saved my life," says Red Cross Volunteer and WII veteran Allen Chapin. Read More |
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Winter 2011 Edition of Legacy
Friend,
Welcome to the latest issue of the Legacy News, where we hope you will find these new articles insightful and helpful as you plan for the New Year.
Learn about giving strategies that allow you to make a meaningful charitable gift while potentially enhancing your own, and your family's, future financial wellbeing at the same time. In particular read about the new tax legislation which was passed in December which could impact your philanthropic plans for 2010 and 2011.
See why donors like Allen Chapin felt compelled to join the Legacy Society. We encourage you to join as well, and tell us your own Red Cross story.
Have a very happy and a healthy New Year!
Rebecca Locke
Sr. Director, Gift Planning
American Red Cross - National Headquarters |
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Boost Your Income Tax Planning IQ
Here are some important lessons to be learned as you work through this year’s Form 1040.
Estate Planning – With or Without Estate Taxes
“I don’t need estate planning; estate taxes are not going to be a problem for my family.” Does this sound familiar?
Relieve the Tax Stress from a 2010 Roth IRA Conversion
Many Americans switched from taxable IRAs to tax-exempt Roth IRAs in 2010, in part because taxes would be deferred until 2011 and 2012. Now that 2011 has arrived, it’s time to consider strategies for “paying the piper”.
IRA Gifts Transfers Approved by Congress for 2010-2011
President Obama has signed a new tax law that extends for 2010 and 2011 the law permitting persons over age 70-1/2 to arrange direct gifts from their IRAs to qualified charitable organizations, such as the American Red Cross, up to a maximum amount of $100,000.
Legacy Donor Spotlight
Allen Chapin – A Red Cross Volunteer for Life
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American
Red Cross | 2025 E Street, NW | Washington | DC | 20006
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Would
you like to set up a charitable gift plan? Learn more at www.redcrosslegacy.org.
The
Red Cross Gift Planning Team is dedicated to assisting donors and their
advisors in finding
a gift plan that will achieve their philanthropic goals in the most
tax-wise way possible.
If we can be of further assistance please email plndgiving@usa.redcross.org or
call (800) 797-8022 Ext. 5.
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