Provide For Charity And Family After Dinar Revaluation

Below is more information sent to me by the same group of professionals, this time on the

“Enhanced Charitable Lead Annuity Trust”.

It’s one smart way for some investors to donate to charity and also secure wealth for their families after dinar revaluation.

As mentioned, there are other ways to invest if you are not interested in charitable giving.  Some of these strategies will be shared in upcoming posts.

Also find this information in the “Taxes Q&A” section above.

Enhanced Charitable Lead Annuity Trust

The Enhanced Charitable Lead Annuity Trust is a way to make a sizable donation to charity but at the same time protect and preserve your wealth for your family.

It is a type of charitable lead annuity trust which provides a small annual income to a charity, followed by a large final payment to both the charity and your loved ones.  To truly leverage the charitable gift, a life insurance policy is used within the trust.  Life insurance offers leverage through its tax-free death benefit and allows the trust to have assets to provide for both the charity and the family.

It can work well for those who are receiving a large amount of taxable income in a given year.  Also, the current low interest rate environment is favorable for this type of trust.
However, because of the life insurance component, mortality rates and present value calculations, it works best for those aged approximately from 50 – 70.

For those who are not inclined to charitable giving or who are younger, there are other investments that historically have a good return, but give up to a 100% write off in the year of investment.
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I will continue to keep you updated on other investment ideas for before and after the dinar revaluation.

Cherilynn Stone                                                                                                                      www.dinarinfo.net
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This entry was posted on Thursday, February 18th, 2010 at 3:15 pm and is filed under Charitable Giving, Featured. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

4 Responses to “Provide For Charity And Family After Dinar Revaluation”

  1. marketralley Says:

    I have in place two different charities that I plan on opening up once the money comes in. The first is to help people here in the usa, esp. people in New Orleans and the second is for people in Haiti.

    Instead of giving it to the usa government you can hep out people in need, and it wont really cost you anything, All you are doing is giving the money you were going to pay in tax to needy people.

    My advice is to get a tax specialist and have them help you. You will be suprised,

  2. jay Says:

    why are there a whole lot of “counting chickens before they hatch” going on? posting about charities and welfare for others. many of us invested what we could in the hopes of no longer breaking our backs to scrape by. im sorry, after i look back at my life and realize how much money others have made from my labor, the last thing im doing is giving it away. lets atleast get back to discussing checkpoints and the things that are going on to get this rv rollercoaster over with, charity starts at home

  3. Alberta Says:

    This wasn’t there yesterday and was there this morning at XE.com

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    Home – Currency Encyclopedia – IQD – Iraqi Dinar

    IQD – Iraqi DinarMore currencies
    Iraq, Dinar
    The Iraqi Dinar is the currency of Iraq. The currency code for Dinars is IQD, and the currency symbol is د.ع . Below, you’ll find Iraqi Dinar rates, a currency converter, Iraqi Dinar News and more. You can also subscribe to our currency newsletters with daily rates and analysis, or take IQD rates on the go with our XE Mobile apps for your iPhone, BlackBerry, or even your regular phone.

    The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2010, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars. As stated by the Central Bank of Iraq, their mandate is to “ensure domestic price stability and foster a stable competitive market based financial system.” For more information about the redenomination, read “Iraq plans to slice three zeros off currency notes.” 0 : 33 USD EUR GBP JPY CAD AUD CHF CNY
    1 IQD =
    Inverse: 0.00086
    1167.59 0.00063
    1586.78 0.00055
    1807.88 0.07814
    12.7975 0.00089
    1120.32 0.00095
    1048.81 0.00092
    1083.45 0.00585
    170.991

    Click on a currency code to learn about it.IQD Facts
    ISO 4217 Code: IQD

    Minor Unit:
    1/1000 fils

  4. Joe Says:

    I hope thats propaganda.
    Jay I totally agree.I told a lot of people about this investment they had there chance.On the other hand if they lop then I look like an a^&*hole.I hate seeing that everywhere.Is Iraq really getting ready to rip us off like that.We invested they use our money to get on there feet and when it’s time to collect 5 years later,they say nope we changed our mind.You only get back what you invested.Can you smell the smoke yet?(Please let it be B.S.)

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