Strategies for Generosity
Do you know how to use tax dollars for charity to create lasting legacies & inspire future generations? Does your capital make money and do more for the betterment of life?
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Everyone has the ability to put into place a strategy for generosity.
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It is a misconception that only rich people can leave planned gifts.
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The stories of social workers and professors leaving millions are true.
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Anyone can make a planned gift and feel wonderful about it
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At the same time many people have created wealth through their own ingenuity and effort
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An increasing number of them are no longer focusing exclusively on accumulating more wealth. They are beginning to look at using wealth as a tool to achieve higher purpose.
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Most valuable use of capital is not to make more money,but rather to apply it towards the betterment of life.
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Increasing numbers of people are taking steps to create a lasting legacy for themselves and their families. Social capital (the gift) can come from two different pockets: the donor’s annual income pocket and/or their asset pocket.
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When making an impact gift, life insurance becomes a financial instrument that permits the donor to give much more capital for the same net cost of the gift.
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Consider impact giving – for today and tomorrow.
“To give away money is an easy matter and in any man’s power.
But to decide to whom to give, and how large, and when, and for what purpose and how, is neither in every man’s power nor an easy matter.”
Aristotle
At the end, the only question is how much do you want to leave to which entity?
