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Sept 1 , 2006:
The Pension Protection Act of 2006 allows people 70 1/2 and older to give up to $100,000 from their IRA to charity in 2006 and 2007 and not pay taxes on it.

January 1, 2007:
The annual gift tax exclusion to any person remains at $12,000 for 2007.

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The Estate Preservation Advisor

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Tucson, AZ 85712
USA

Phone: 520-296-0393

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