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That's an interesting thought, Andrew. I do not know how budget scoring was done prior to adoption of the Byrd rule, but that was in 1985, and reconciliation itself dates back to only 1980. Some of the leads I am looking at now suggest the age 70-1/2 marker can be traced to TEFRA, 1982. One might note that back then male life expectancy was only about 70.4 years...

I'm betting that the reason it was set to 70 1/2 has to do with the Congressional Budget Office fiscal scoring on the bill at the time of its discussion in Congress.  Probably if they set it at 71 instead of 70 1/2 the revenue generated wouldn't have hit whatever target they were looking for or trying to achieve in terms of its impact on the fisc.  Not sure if it wa...

Thanks so much, Kristine, very helpful!

Ken,

We did this several years ago and couldn't be happier about having done so, especially now. We are storing everything in PDFs. Our primary storage is cloud-based with very restricted access and only redacted documents (no SSNs, etc.) We have a more secure solution for unredacted documents. We went digital about 4 years ago, and I have worked remote...

I might suggest looking for an Estate Planning Council in the area and referring your donor to them. You can see a list for NJ at http://www.naepc.org/membership/find_council

My office is intent on converting all of our files (constituent docs, scholarship agreements, etc.) to digital format. If you've made the hard-copy-to-digital conversion, I'm curious if there is an industry-standard format that you used and if you're storing on a native storage server or in the cloud. Any advice is appreciated.

Ken Bissell
Director,...