Another Life Membership Plea

Dick AA's idea alleviates some negative vibes I have about Dick GIG's. About 20 years ago I was involved in an annuity-based purchase of a family member's asset. We deducted a portion of the annuity payments as interest expense, based on insurance industry life expectancy/present value tables. By best info available this was deemed a grey area but we thought it was "light grey". Two of our group have been audited in intervening years and didn't get nipped. I don't know how well this applies to charitable contributions or to current IRS practices. FWIW 73 Bruce K0BJ ----- Original Message ----- From: "Richard J. Norton" <richardjnorton@gmail.com>
I suggest we might task our Development Department to investigate the feasibility and legality of an actuarial-based lifetime membership, where depending on one's age, some of the cost would be a tax-deductible donation.
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Bruce Frahm K0BJ