Legacy 2
June 8, 2021
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Loving our children, when considering our legacy to them, means thinking, wisdom, and intentionality. Likely, at some time, parents will decide this. Three options are gift your money, spend it, or pay taxes.
V To do nothing, no wills or trusts means the government will decide and taxes as they determine. Does the government plan match our values? Preplanning is our opportunity to shrink our legacy resources to avoid some taxes. Gifting to charities is one option. We say select carefully, look under the hood. Are they run well? Is financial oversight in place? What results do you see? We are that Matthew 25 steward. God is trusting us to gift wisely.