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401(k)s, 403(b)s and IRAs are great retirement vehicles for working individuals.  You may have discovered since reaching retirement that between your 401k, pension plan, traditional IRA, Roth IRA, Simple IRA, and mutual fund accounts, some of these assets are simply not going to be needed.  In these situations, it might make sense to look at […]

Wichita, KS – The Friends University Tower Wind Quintet will present its 17th annual recital Tuesday, March 27, at 7:30 p.m. The quintet is comprised of faculty members: Amy Hoffman, flute; Rachelle Goter, clarinet; Cindy Thompson, oboe; Denise Kintzel, horn; and Kimme Whittemore, bassoon. Featured soprano soloist Rolaine Hetherington will join the quintet. Hetherington serves […]

Charitable Lead Trusts are designed for investors with significant non-cash assets who want to support their favorite causes but not sell or lose control of those assets. Because this is a legal trust, the documents must be prepared by an attorney.  Once the trust has been created, an income-producing asset such as an investment portfolio, […]

The most common fear when considering making a planned gift through wills or trusts is having enough funds to address health care, housing, and other costs in the post retirement years.  With the continuous advances in medical science that allow a person to live 30 or 40 years after retirement, this is a perfectly valid concern. […]

Charitable Gift Annuities are one of the most common options for deferred giving because of the significant benefits to you, the investor. First, they provide a lifetime of income. Regardless of how long the beneficiary may live, the income from the annuity continues to be paid by Friends University. Second, the majority of the income […]

If you have a whole, ordinary, adjustable, variable or universal life insurance policy, than you have a great way to care for both your family and your favorite causes in your estate plan! Consider the case of Mr. Green.  Mr. Green bought a permanent life insurance policy in 1964.  He and his wife had gotten […]

Gifting appreciated real estate is a great way of avoiding both capital gains and income taxes.  In addition to these tax savings, the tax deduction for the value of the land can significantly improve your income tax picture. Take the example of Mr. and Mrs. Smith. The Smiths started out farming when they got married 65 […]