Never Let Donors Drown in Planned Giving

Wednesday, August 5th, 2009

The American Council Gift Annuities (ACGA) recommends that people invest on a portfolio with 5% cash, 40% equities, and 55% bonds.  Individuals who are looking for security are more open to CGA (charitable gift annuities) because there’s stock market volatility.  In the meantime, this market may be wreaking havoc on charity’s annuity reserves, where a portion is usually invested in equities.

The senior vice president of The Sharpe Group located in Memphis. Tennessee, John Jensen, is expecting more nonprofit boards to look at annuity reinsurance.  He said “A charity locks whatever losses it had.  But is it smarter to do this?  You wouldn’t reinsure if you’re thinking that the market would come back, but from a standpoint of risk management, you wouldn’t want that exposure, or you don’t think the market is coming back, then you reinsure.”  

“What we’re hearing is that charities are so nervous and now they’re doing risk assessments and looking at gift annuity programs,” said Tanya Howe Johnson who’s the CEO and president of PPP (Partnership for Philanthropic Planning) in Indianapolis.  She further added, “It might become popular to reinsure a gift annuity which is something that nonprofits would do occasionally.”

A large pool consisting of gift annuities minimizes the charity risk.  Therefore, if one gift annuity would go under water, the more charity risk would be spread out if the annuity pool is larger.   

Tags: ACGA, annuity, CEO, CGA, charity, equities, John Jensen, Memphis, Planned Giving, PPP, risk, Tanya Howe Johnson, Tennessee, The Sharpe Group
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Wife of Rape Suspect Files for Divorce

Sunday, May 31st, 2009

A man was accused of rape and as a result, his wife filed for divorce. David Joseph Jansen was arrested by the police late Tuesday night after allegations of abducting a woman, driving her to a Tennessee cabin, and then raping her there.

Consequently after this, the sad fact is that on Friday, his wife, Christy Jansen from Snellville, filed for divorce in the County Superior Court of Gwinnett. The Jensen couple has been married for almost 25 years.

Reports say that a pizza delivery man saw the woman tied up so he called the police. David Jensen was caught, and on Thursday night, the 46-year-old suspect was released from jail on $800,000 bond. He hung up the phone on a reporter when he was contacted on Saturday afternoon.

A restraining order was also granted to Christy Jansen. The order prohibited David from coming near her and their two children in their Snellville home.

Margaret Washburn, a Lawrenceville attorney, is the legal counsel of Christy. Washburn told WXIA, “Christy is devastated and terrified. She cannot believe that her husband is out with another woman. Whether rape or not, consensual or not, the fact remains that he’s out with another woman.”

Tags: Christy Jansen, David Joseph Jansen, Divorce, Gwinnett, Lawrenceville, Margaret Washburn, rape, Snellville, Tennessee
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DUI Laws Blog is open!

Wednesday, August 6th, 2008

This blog will feature DUI laws in all 50 states of Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia*, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Tags: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia*, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Posted in Uncategorized, dui attorney, dui california, dui florida, dui illinois, dui laws, dui lawyers, dui new jersey, dui oregon | No Comments »