January 4, 2011
Forbes: "New Estate Tax Law Could Hurt Charity"
A Forbes article by lawyer and journalist Deborah L. Jacobs outlines how the increased estate tax exemption and lower estate tax rate will likely reduce incentives for moderately wealthy families to leave significant bequests to charities. The article also explains the IRA charitable rollover, extended by Congress through 2011 (not 2012) and why, given the possibility of converting traditional IRAs to Roth IRAs, this extension may not be as great a tax benefit as it first appears.
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