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Expert Interview: Life Insurance & Your Estate Plan
When you think about estate planning, life insurance doesn’t come to mind first. Your house, collectibles, and 401k? Sure. Yet, life insurance is present in almost every quality estate plan and can serve as a source of support, coverage, and liquidity to pay death taxes, expenses, fund business buy-sell agreements and sometimes to fund retirement […]
How Best to Give More to The Rotary Foundation
I’m proud to be an active Rotarian. I’m also proud to be an Iowa lawyer. And, I am proud of the singular, perhaps even unique, mission of my law firm. The mission of Gordon Fischer Law Firm is to promote and maximize charitable giving in Iowa. To achieve this mission, I help individuals, families, and […]
The IRA Charitable Rollover, Explained
How to Avoid Income Taxes on $100,000 While Supporting Your Favorite Charity The Individual Retirement Account (IRA) charitable rollover allows individuals aged 70.5 years of age and older to donate up to $100,000 from their IRAs directly to charities, without having to count the distributions as taxable income. This gift transfer is called a qualified […]
I spoke to Rotary in Iowa City today. I had 3 minutes. Here’s what I said.
Good afternoon. Everyone here has done very well in schooling me that I only have three minutes. Luckily, my life can, more or less, be summed up in just one minute. I’m proud to be an Iowa Hawkeye. I’m even prouder to be an Iowa lawyer. I’ve been one for more than 20 years. I’m […]