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On January 5th The Miami Herald's Personal Finance Writer addressed seven worthy resolutions for retirees to commit to in 2012. At number 5: "Be more generous". On that point, Michael Dribin, Partner at Harper Meyer Perez Hagen O'Connor Albert & Dribin, LLP recommended that retirees consider a charitable gift annuity, in which they can donate to a large charity and receive regular lifetime payments in return. Mr. Dribin said, "In times of very low interest rates and declining returns on assets, this is a good way for retirees to increase their cash flow and get an income tax deduction while helping a charity." For the full article, go to: http://www.miamiherald.com/2012/01/05/v-print/2575254/7-resolutions-for-retirees-in.html#storylink=cpy
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