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February 20, 1976 - Image 21

Resource type:
Text
Publication:
The Detroit Jewish News, 1976-02-20

Disclaimer: Computer generated plain text may have errors. Read more about this.

Friday, February 20, 1976 21

THE DETROIT JEWISH NEWS

TEACHERS.

Taxes and Your Future

ISRAEL NEEDS YOU.

Professionals needed to be
integrated -permanently into
Israel's educational system.
Personalized program. Finan-
cial assistance available. Inter-
views by Ministry of Education
official in April.

Contact immediately:

ISRAEL ALIYAH CENTER,

25900 Greenfield Rd., Suite 352,
Oak Park, Michigan 48237
(313) 968-1044

"FIRST FOR

A REASON"

AL KLINE


DALGLEISH
CADILLAC

6160 CASS AVE.
TR 5-0300

2

r
\\N rff
N, ) 14 Nk •
Editor's Note: Guidance
on important problems
provided by Jewish Wel-
fare Federation-United
Jewish Charities Endow-
ment Fund Tax Advisory
Committee. Professional
advice about issues dis-
cussed in these columns
should be secured from
your attorney or an estate
planning adviser. Ques-
tions of general interest in
these matters should be
addressed to "Taxes and
Your Future," care of the
Jewish News, 17515 W.
Nine Mile Road, South-
field, 48075.
"I recently made a dona-
tion to my alma mater and
noted that on the univer-
sity's form I was given a
choice of where my money
could go. I marked it "un-
restricted" because I trust
the university authorities to
use my money where it will
do the school the most good.


PRINCETON'S

4th Annual

2 FOR 1 SALE

SELECT GROUPS OF

SUITS & SPORTCOATS

3 DAYS ONLY

Thurs., Fri., Sat.

Great savings on
men's suits 8 Sportcoats.
Don't miss this event!

GREAT
NAMES
LIKE:

Rubin of Canada, Petrocelli, Hammonton
Park, Austin Leed and Geoffrey Beene. All
sizes 37-52. Short, regular and long. All
prices are averaged for extra savings. If you
need only 1 garment, bring a friend to buy
another.

• ALTERATIONS AT COST
• ALL SALES FINAL
• USE YOUR PRINCETON OR
MAJOR CHARGE CARD

Also: BIG SELECTION
in our Boy's Department

RINCETON mops



6645 Orchard Lake Rd.
West Bloomfield 48033
851-3660

But don't they do so any-
way?"
No. If you earmark a gift
for a specific purpose, it
must be used for that pur-
pose. We think you made
the right choice, though,
when you didn't restrict the
gift. In some cases, being
specific about a gift's use
can impede the administra-
tion of the university or in-
stitution to which you were
so generous.
Generally, it's best to re-
frain from being too specific
when establishing a trust or
bequest. Bequests which
designate a particular field
of service — health, culture,
education, religion, help for
the elderly — can generally
satisfy the philanthropic in-
tentions of the donor with-
out hand-tying those who
must administer the gift in
future years. * * *
"I'm thinking about
naming Federation-Chari-
ties as beneficiary of my
life insurance. I have a
policy with a,very large
value which would make a
good vehicle for my pur-
poses. Yet I feel that I
should make some provi-
sion for some of my rela-
tives with that same pol-
icy. Can I do both things?"
Certainly, you can. Many
people have named Federa-
tion as a beneficiary of ei-
ther an existing, as in your
case, or a new insurance pol-
icy. You can divide the bene-
fits from a policy into seg-
ments, if you wish.
Should you purchase a
new policy for your charita-
ble purposes, the annual
premiums may be deducted
as charitable contributions
for federal income tax pur-
poses. If you assign an exist-
ing policy to Federation, the
cash surrender value is tax
deductible as a charitable
contribution.
When a policy designates
Federation-Charities as one
of two or more beneficiar-
ies, it's best to check with
your estate planner for
specific knowledge about
the tax-deductible qualifica-
tions for the premiums or
face values.
* * *
"I just maded a sizeable
pledge to the 1976 Allied
Jewish Campaign-Israel
Emergency Fund. It's a
big commitment, and I
really thought about it be-
fore I signed my pledge
card. While I'm in good
health and have no real
reason to ask other than
curiosity, I'd like to know
what happens to my
pledge if I should die be-
fore it's paid?"
Your obligations at the
time of your death are the
obligations of your estate.
However, if paying your
pledge would place a severe
hardship upon your heirs,
then the estate profession-
als involved generally con-
sult with those at Federa-
tion-Charities to work out
the best possible solution.
For more information or
the answers to your ques-
tions about taxes and your
future, contact C. Kenneth
Sarason, endowment secre-
tary, at the Federation of-
!Ice, 965-3939.

Camp Gan Israel Seeks Campers

Camp Gan Israel, a strict-
ly-kosher accredited camp,
is seeking campers for its
1976 season.
Located south of Flint,
the camp offers two ses-
sions. The girls' session will
be held July 6-Aug. 2 and
the boys' Aug. 3-30.
The camp includes pho-
tography, boating, bike
hikes and bicycling, arts

and crafts and sports in its
curriculum.
Rabbi Sholom B. Stock,
who has been associated
with the Camp Gan Israel
network in New York and
Montreal, is the new direc-
tor for the Midwest.
To register, call Rabbi
Stock, 548-2666.

Canadian Olim
Problems Probed

MONTREAL (JTA) — A
commission of inquiry to
study the problems of inte-
gration of Canadian settlers
in Israel's society has been
appointed by Rabbi David
Monson, president of the
Zionist Organization of Can-
ada.
Specifically, the commis-
sion will seek to identify the
principal problems facing
Canadian olim and deter-
mine those areas in which
the Zionist Organization of
Canada can be effective in
helping to solve those prob-
lems.

Increased Jewish
Education Sought

TEL AVIV — At a meet-
ing of ORT Israel school di-
rectors and teachers held at
Natanya in December, Min-
ister of Education A. Yadlin
called upon all schools in the
country to intensify Jewish
education and courses that
deal with all phases of Jew-
ish culture.
He pointed out that it was
particularly important to
explain the meaning of
Zionism to young people in
these troubled times.

,\G•

Ga‘

• e \

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MOVING?

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CONGREGATION SHAAREY ZEDEK

Cultural Commission's Fine Arts Division

Presents

"The Bicentennial and the Jewish Experience"

An Historical Exhibition

February 21-22-23, 1976

Featuring:

• Bnai Brith and Jewish Welfare Board's Photographic exhibit of Jewish life and
contributions since the American Revolution.

• Exhibit and sale of Paintings and Sculpture by Jewish artists.

• Exhibit and sale of Contemporary Jewish Ceremonial Silver.

• Photographic exhibit on Shaarey Zedek History.

CHAMPAGNE PREVIEW
Saturday, February 21

SUNDAY, FEBRUARY 22 8 P.M.

MR. LAWRENCE FLEISCHMAN

8:30 P.M.

Exhibit Open to Public

Sunday, Feb. 22-1- 5 PM

Monday,' Feb. 23-7-11 PM

On Exhibit and For Sale will be Paint-
ings & Sculpture by Jewish artists enti-
tled "Social Realism & The Jewish Art-
ist" — includes works of Agam,
Baskin, Levine, Shahn, Rubin, Soyer,
Gropper, and Gottlieb.

On Exhibit and For Sale Jewish Cere-
monial silver by Ludwig Y. Wolpert of
the Jewish Museum.

will deliver a slide
Illustrated Lecture

"JEWISH PAINTERS
IN AMERICA"

Mr. Fleischman, a former
Detroiter, is the Director of
the Kennedy Galleries in
New York. He is acclaimed
as the most outstanding
expert and leading dealer
of American art.

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