Reinsurance of a gift annuity involves payment of a premium by the charity to a company qualified to issue annuities in that state.

When a charity receives a gift annuity, it usually has the option to retain the annuity in a designated reserve fund and invest that fund. The charity may make payments from the fund or pay a premium to a financial services company that will then make the required annuity payments. The second choice is commonly called "reinsurance" of the gift annuity.

Reinsurance involves evaluating the factors that will benefit the charity with self-insurance, or the favorable factors that might lead to reinsurance. >> More

George Green was a man of humble beginnings. He was born in Bulgaria and lived with his parents on their farm. But George was a diligent student and was determined to become a successful business owner. >> More

A was a tax-exempt organization under Sec. 501(c)(3), formed to "protect and enhance the physical environment and flora and fauna" of Town by "engaging in the consideration and study of planning, zoning and land use" in the Town region. >> More

GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw Web Site. With one click on the GiftLaw Pro Link, you have access to a user-friendly and very comprehensive source for answering any of your planned giving questions. GiftLaw Pro is a gift planning electronic library with over 5,000 links. Select a link and you can view any topic and take a quiz, look at related information and view the actual regulations, private letter rulings or cases. You will find GiftLaw Pro to be your primary source for planned giving information in the future! >> More

The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for the following gift plans. >> More