Financial Services for Alabama Seniors

Charitable Gifting

What constitutes a gift to charity?

A gift to charity is simply a gratuitous transfer of property to a charitable organization. The key is that your gift must be some kind of property--your time or personal services do not count. There are several different types of property that can be donated to charity, and a gift is limited only by your imagination. Are you the type who wants to donate cash, stock, or your lunch box collection from a 1960s sitcom?

How do you decide whether to donate to charity?

The decision to donate to charity is a personal one. Although the IRS does not require that you have any charitable motivation when you donate to charity--you can do it strictly for the tax benefits--most people who decide to donate to charity have a charitable intent.

There are an infinite number of charities from which to choose. Most people have a particular charity in mind when they decide to make a contribution.

Financial Matters in Divorce

| Print |

Marriage isn’t always “till death do us part.” Divorce can and does happen and is inherently stressful. It’s important to be proactive and in control to alleviate some of that stress. Here are some tips to help you prepare for your financial future.

Expect your income to drop after the divorce is final

Develop a budget based on your needs, not wants. Use a detailed worksheet to develop a budget. First consider all sources of income including support payments and investment income. Next identify all your expenses. Keep in mind that your expenses need to stay within your post-divorce income. If you pay your bills by check, the best source for your expense information is your check register. Remember that not all your expenses are paid monthly, such as your tax bill or insurance payments; make sure to account for these as well. Finally, ask a trusted financial advisor to review your budget and challenge items that don’t seem reasonable.

Senior Health Directory

Select Your State!

Medicare Search

Medicare Disclaimer

This website is a private website and is not associated, endorsed or authorized by the Social Security Administration, the Department of Health and Human Services or the Centers for Medicare & Medicaid Services. This site contains basic information about Medicare, services related to Medicare and services for people with Medicare. If you would like to find more information about the Federal Government's Medicare program, please visit the official U.S. Government's Site for people with Medicare located at www.medicare.gov.

Privacy Policy - Terms of Use

Medicare Information Source is a BBB Accredited Business. Click for the BBB Business Review of this Insurance - Medicare Services in Birmingham AL

Alabama Medicare
Alaska Medicare
American Somoa
Arizona Medicare
Arkansas Medicare
California Medicare
Colorado Medicare
Connecticut Medicare
Delaware Medicare
Florida Medicare
Georgia Medicare

Hawaii Medicare
Idaho Medicare
Illinois Medicare
Indiana Medicare
Iowa Medicare
Kansas Medicare
Kentucky Medicare
Louisiana Medicare
Maine Medicare
Maryland Medicare
Massachusetts Medicare

Michigan Medicare
Minnesota Medicare
Mississippi Medicare
Missouri Medicare
Montana Medicare
Nebraska Medicare
Nevada Medicare
New Hampshire Medicare
New Jersey Medicare
New Mexico Medicare
New York Medicare

North Carolina Medicare
North Dakota Medicare
Northern Mariana Island
Ohio Medicare
Oklahoma Medicare
Oregon Medicare
Pennsylvania Medicare
Puerto Rico Medicare
Rhode Island Medicare
South Carolina Medicare
South Dakota Medicare

Tennessee Medicare
Texas Medicare
Utah Medicare
Vermont Medicare
Virgin Islands Medicare
Virginia Medicare
Washington D.C. Medicare
Washington Medicare
West Viginia Medicare
Wisconsin Medicare
Wyoming Medicare

Call: (800) 678-6404

Senior Health Directory

Select Your State!

Medicare Search

Medicare Disclaimer