Inspiration Ministries

News

Friday May 24, 2019

Our News
Exciting events are happening at Inspiration Ministries
Thank you for your interest in Inspiration Ministries! We have helped thousands of friends to increase income and reduce their taxes. We serve you by offering ways to maximize the resources God has given you. We offer this site to assist with Christian planning so your values will extend to future generations.
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Savvy Living
The Long-Term Care Benefit Many Veterans Are Missing Out On
I have heard that the VA has a benefit that can help veterans and their spouses with long-term care costs. We recently had to move my 86-year-old father – who served in the army nearly 60 years ago – into an assisted living facility, and my mom is not far behind. Can the VA help? The...
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Washington News
Senators Thune and Casey Support CHARITY Act
On May 15, Senators John Thune (R-SD) and Bob Casey (D-PA) introduced the Charities Helping Americans Regularly Throughout the Year (CHARITY) Act. The bill expands giving options for IRA charitable rollovers and addresses other charitable provisions. The CHARITY Act includes four major provisions. If it is passed by the House and Senate and signed by the President, it would generally permit donors over age 70½ to transfer up to $100,000 per year directly from an IRA to a donor advised fund. Second, the act would simplify the excise tax paid by private foundations on investment income. Volunteers who drive their vehicles on qualified charitable trips can currently deduct $0.14 per mile. That charitable mileage amount would be increased to the same rate as is currently permitted for medical and moving expenses. The medical and moving expense rate for 2019 is $0.20 per mile....
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Personal Planner
Important Life Decisions
"How can I plan?" asked Mary. "We just sold our home and bought a retirement condo. Our older child just moved across...
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