Contact:

Trudy Lee, (505) 277-4503 or Steve Carr, (505) 277-1821

March 13, 2001

UNM FOUNDATION OFFERS SEMINAR ON PLANNED GIVING

A seminar titled, “Don’t Give the IRS Your IRA: New Laws Bring New opportunities for Philanthropy with Retirement Assets,” will be sponsored by the University of New Mexico Foundation Planned Giving office on Thursday, March 29, from 12-1:30 p.m., in room C at the UNM Continuing Education Conference Center, 1634 University Blvd., N.E.

This is the second in a series of gift planning seminars designed to address various aspects of how careful estate planning can benefit individuals, heirs and charities. The seminar will focus on the tax considerations of owning and transferring retirement assets, including effects of new Individual Retirement Account (IRA) distribution rules and pending legislation that may increase the benefits of gifting assets from an IRA.

Under current tax law, retirement assets held in a traditional IRA, 401 (k) or 403 (b) account could be the most heavily taxed asset in a person’s estate. The IRS can take as much as 80 percent of these assets at death. Through explanation and illustration, trust/investment professionals will show how individuals can reduce this tax burden, benefitting themselves, their families and charities of choice.

The seminar is free of charge and open to the public with lunch provided. However, space is limited. Interested individuals should make reservations by Monday, March 26. Contact Trudy Lee, manager, Planned Giving at the UNM Foundation at (505) 277-4503 for more information and to make reservations.

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The University of New Mexico
Public Affairs Department
Hodgin Hall, 2nd floor
Albuquerque, NM 87131-0011
Telephone: (505) 277-5813
Fax: (505) 277-1981