IS THE PRESERVATION OF YOUR

ASSETS IMPORTANT TO YOU?

WOULD YOU ENJOY RECEIVING ADDITIONAL

GUARANTEED INCOME FOR LIFE?

HOW WOULD YOU LIKE TO SIGNIFICANTLY

REDUCE YOUR ESTATE AND GIFT TAXES?

IS THE IDEA OF AN IMPORTANT CHARITABLE GIFT

— AT SURPRISINGLY LOW COST —

OF INTEREST TO YOU?

THEN PLAN ON ATTENDING....

BAR4LAN UNIVERSITY'S

ESTATE AND CHARITABLE TAX PLANNING SEMINAR

ON MONDAY, MAY 10

7:30 P.M.

AT THE HOME OF

NEAL AND ESTHER ZALENKO

4531 RIVER TRAIL

BLOOMFIELD HILLS

THE PROGRAM WILL BE PRESENTED BY

NORMAN ALTMAN, J.D., LL.M. TAXATION AND

ILENE NADEL, CLU, CHFC

OF

CREATIVE PHILANTHROPIC RESOURCES, LTD.

NEW YORK CITY

R.S.V.P. BY MAY 3

HOWARD L.

423-.4550

PLANNED GIVING CHAIRMAN

ZOLLER

PLANNED GIVING COMMITTEE

ABRAHAM BURNSTEIN
MICHAEL EIZELMAN
NORMAN FILL
JOEL F. GARFIELD
SANDRA GLAZIER
DEAN GOULD

LAWRENCE S. JACKIER GARY RAN
ROBERT KLEIMAN
SHELDON ROSENBERG
ARTHUR LISS
ALBERT SASSON
RICHARD LOEBL
ELI SCHERR
GERALD NAFTALY
RICHARD SHAPACK
NORMAN A. PAPPAS
NEAL ZALENKO

PAUL ZLOTOFF
President, Detroit Friends of Bar Ilan

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Midwest Executive Director

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Will Israel Pay
For Russian Aid?

JAMES BESSER WASHINGTON CORRESPONDENT

or weeks, pro-Israel ac-
tivists in Washington
have had a recurring
nightmare: When Con-
gress finally appropriates
badly needed aid to Russia, it
will have Israel and Egypt
pick up some of the tab.
Now, a powerful House
voice has publicly suggested
the possibility of across-the-
board aid cuts to pay for
Russian aid. In an interview
with reporters from several
newspapers,
House majority leader Dick
Gephardt, D-Mo., said "every-
body has to be willing to be
flexible for the good of the
whole." When specifically
asked about aid to Israel and
Egypt, Mr. Gephardt said
they might have to "take a
, hit" along withother aid re-
cipients, according to the Los
Angeles Times. President
Clinton has promised the gov-
ernment of Boris Yeltsin $1.6
billion in immediate aid, and
suggested possibly at least $1
billion a year in longer-term
assistance.
The aid effort has gener-
ated little enthusiasm in Con-
gress, which is more con-

cerned about cutting the fed-
eral deficit without hurting
programs important to con-
stituents. Reaction from the
pro-Israel community to Mr.
Gephardt's call for reduced
aid to Israel was muted be-
cause of the Passover holiday;
Mr. Gephardt's press aides
did not return a reporter's
calls. But at least one mem-
ber of Congress quickly re-
jected to any move to cut Is-
rael's $3.2 billion in aid. c.<
"The idea of taking aid
from Israel to pay for aid to
Russia makes no sense," said
Rep. Nita Lowey, D-N.Y., a
member of the Appropria-
tions Foreign Operations sub-
committee, in a statement.
"You don't support democra-
cy in one country by under-
mining another democracy."

Ms. Lowey pointed to state-
ments by President Clinton
and Secretary of State War-
ren Christopher unequivo-
cally supporting full aid for
Israel, and argued that "this
is the worst possible time to
be talking about aid cuts" be-
cause of the resumption of the
Middle East peace talks.

Tax Scare For
Jewish Federations

As Congress begins crunch-
ing numbers for next year's
budget,pressure is mounting
to find new ways to increase
federalrevenue. As usual,
some legislators are looking
hungrily atthe non-profit sec-
tor.
Several weeks ago, a few
legislators quietly proposed a
31 percent cap on charitable
deductions for taxpayers in
the top brackets. That might
have added about $1 billion
to the treasury, but some
Jewish activists say it would
also negatively affect federa-
tions and other Jewish
groups that rely on sizable
gifts from well-off contribu-
tors. Lobbying by a coalition
of nonprofit groups, led by In-
dependent Sector, an advo-
cacy group for non-profits,
apparently killed the 31 per-
cent cap for the upcoming fis-
cal year." The cap is not in
either proposal [from the
House or Senate] now," said
Mark Talisman, CH's Wash-

ington director. "It could have
meant a very serious problem
for our groups around the
country. We strongly feel that
there should be no inhibitions
on deductions."
Mr. Talisman singled out
Sen. Daniel Patrick Moyni-
han, D-N.Y., as particularly
helpful in killing the cap.

Jews Brace For
Abortion Fight

Several Jewish groups may
soon join the Clinton admin-
istration's efforts to lift the
"Hyde amendment," a dec-
ade-old regulation severing
federal funding for abortions.
In recent years, Republicans
have added Hyde amendment
provisions to every appropri-
ations bill.
Bill Clinton's desire for re-
form will require major ef-
forts by such pro-choice
Jewish groups as the Na-
tional Council of Jewish