Most of us have voiced that question several times over the years-especially after we have filed our income tax reports. When we look at the money that the Lord has entrusted us with, it seems like we are seeing two entirely different pictures: the annualized sum often appears bigger than we thought, and the amount left over very seldom seems to be enough. That apparent paradox is even more obscure when we try to figure out how to provide for our retirement years or to plan for asset transfer whenever the Lord does take us home.

Stable Planning for Retirement

One of the tools available for those trying to maintain a favorable and stable income during retirement years, is the Charitable Gift Annuity (CGA). If you have cash in a savings account or non-income producing assets (like stocks or property), you should consider transferring some of those assets to a CGA. Essentially, a "gift" is made to ICR in exchange for a lifetime income (for one or two lives). The rate of return depends on your age at inception of the CGA. Right now the rates available are considerably better than can be gained from a CD or commercial annuity.

Careful Planning for Asset Transfer

Estate planning is not just for the wealthy! In fact, you may well be harming the very people you love the most by not planning for the transfer of the assets that the Lord has provided you. Estate laws can be complex, but they are also very helpful in making sure that the monetary value of your life-work is distributed in accordance with your desires. Basic will and trust documents are not that difficult to execute, and will protect your family from some unpleasant surprises should you leave without preparing them. You really should begin this process as soon as today.

ICR Can Help

ICR has several booklets available that will help you begin evaluating your present condition and future plans. ICR is qualified to issue Gift Annuities and various trusts, and would love to be included in your charitable giving plans, but we do not "write" wills or trusts. We can put you in touch with folks that we have learned to trust who do so. Let us know how we can help.