Gayle A. Reeves Co., L. P. A.

Charitable giving is an estate planning tool that can be used to reduce income and estate taxes, and provide a benefit to the community. When deciding to make a charitable gift, a person is not limited to a gift of money. Many charitable organizations are accepting donations of motor vehicles, real property, annuities, stocks, and life insurance. A charitable gift may be extremely beneficial to the donor who wants to avoid the income tax consequences of liquidating an asset that has greatly appreciated in value. ...read more

I recently came across a study done by a research team at The Ohio State University. It focused on the effect the stress of caregiving had on caregivers. The team conducted a 6-year study of elderly people caring for spouses with Alzheimer’s disease. The results were astounding to say the least. Not only was there a significant deterioration in the health of the caregivers, but it also found that the caregivers had a 63% higher death rate than a similar group of non-caregivers. Reported in the June 30, 2003 issue of Proceedings of the National Academy of Sciences. ...read more