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August 2, 2010
Dear Friend,

Greetings from the Johnson County Community Foundation. I am pleased to share with you the latest news from Washington, Savvy Living column, gift stories, finance news and timely articles. We provide this eNewsletter and web site to our friends as a free service. Please feel free to call the foundation at 317-738-2213 if we can be of any further assistance to you. If you would like to be removed from the weekly e-newsletter please notify Kim Minton at kimm@jccf.org.
Personal Planner
Personal Planner
A family letter is a key part of a good estate plan. It is much more personal than many of your estate documents. A family letter allows you to share your heart and show appreciation and gratitude to family members.

Just For You
Voice of a Legacy
The vast majority of Americans die without a will. Have you prepared a valid will and testament? To learn how easily a valid will can be created, click here and receive our brochure entitled Voice of a Legacy.

Savvy Senior
"What tips or resources can you recommend for researching communities in the U.S.? My wife and I will both be retiring in a few years and are interested in relocating to a smaller house in a sunnier climate but could use some help. What can you tell us?"

Finances
Expedia, Inc. announced soaring second-quarter profits this week. Profits rose from $40.9 million one year ago to $114.3 for the quarter. Expedia attributed the higher profits to an increase in international business, which accounted for 33% of worldwide bookings.
Treasuries rose this week followed by the release of U.S. Commerce Department data showing that U.S. economic growth slowed in the second quarter.
Freddie Mac reported mortgage rates down for the sixth consecutive week with the 30-year and 15-year fixed-rate mortgages reaching record lows. The 30-year fixed-rate mortgage (FRM) averaged 4.54%, down from last week when it averaged 4.56%.

Washington Hotline
On a national media program on July 25, 2010, Treasury Secretary Timothy Geithner emphasized that the Obama administration plans to increase the tax rates for the top two brackets.


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Note: Articles, commentary and other materials in the GiftLegacy system are included solely as educational information. Since articles may not always reflect the current AFR or tax law, it may be necessary to run any illustration with a current version of Crescendo Software to obtain updated information. If professional services are required, all persons shall consult with their qualified professional advisors. Tax Quotes are courtesy of Jeffery L. Yablon, Washington, D.C.
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