GiftCharity GiftLegacy eNewsletter September 6, 2010

Hello, Friend!

Check out CFMJC's latest initiative at <http://www.eco15.com>.

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Louise Markel

Finances

Apple Computer, Inc. unveiled its newly redesigned Apple TV this week. The technology giant said that the new TV would be "small in size but big on entertainment" and permits users to rent movies and watch TV shows in commercial free HD.

Treasuries Ride on Jobs and Home Sales

Treasuries fell late in the week following the release of the Labor Department's August employment report. The Labor Department reported that the U.S. economy lost 54,000 jobs, while unemployment rose slightly to 9.6% in August. Unemployment was at 9.5% in July.

Mortgage Rates at New Record Low

Freddie Mac reported mortgaged rates reaching a new record low this week. The 30-year fixed-rate mortgage (FRM) averaged 4.32%, down from last week when it averaged 4.36%. Last year at this time, the 30-year FRM averaged 5.08%.

Personal Planner

Chronic Illness – Care of Your Property

If you have a chronic illness, you will need to care both for your person and for your property. Part II of this article will explain some of the specific preparations that are important to care for your property.

Washington Hotline

President Urges Passage of Small Business Tax Relief

On August 30th, President Obama spoke in a White House Rose Garden press conference about the economy and the Small-Business Tax Relief Bill. He suggested, "The bill, which has failed to pass a procedural vote several times in the Senate, would enable small-business owners to get the credit they need and eliminate capital gains taxes on key investments so they will have more incentive to act right now."

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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.