Do you have a legacy plan? God has entrusted you to be a steward of His resources.?While we can't take our possessions with us in the life to come, perhaps we can take people with us into eternity.?There's no better time than the present to start planning how you can leave a legacy of impact.?
John Frick, SAT-7 Vice President of Development, in this week's episode of the Unconventional Ministry podcast unpacks why it is important to have a legacy plan in place to avoid family conflict in the future. 60% of churchgoers have no self-determined or up-to-date estate plan.
John addresses the shortcomings of churches to teach on legacy planning from a discipleship perspective. He also talks about how Jesus teaches about money in his parables and how stewardship is a key element in how we relate to God as well as each other.
Estate planning as a ministry of stewardship…who benefits?
- Young parents benefit from knowing that they have a plan in place which names guardians of their own choosing to raise their minor children in the event of tragic, unexpected circumstances. These days, we know that can occur from something as innocent as a visiting a movie theater or public event.
- Older individuals benefit from knowing that, in case of some future incapacity, persons they have designated can step in on their behalf and manage assets for them without court involvement.
- All persons are able to provide instructions — through advance health care directives — that give instructions on specific wishes for care in case of permanent incapacity.
- They also know they have a plan in place that will ensure the most efficient, cost-effective way to pass on their estate to loved ones with privacy, and that the cost savings from avoiding probate can be redirected to ministries they care about.
Additional resources with information on estate planning may be found at https://www.sat7usa.org/planned-giving/ Learn how to INCREASE YOUR IMPACT NOW AND IN THE FUTURE
- Get Help and Information - Planned gifts provide tax-wise opportunities to protect your family and reach more people with the Gospel now and in the future
- Male a Gift in Your Will or Trust - Your will or trust will give your family, and you, peace of mind and leave a legacy of reaching people with the Gospel.
- Gifts that Pay You Income - Learn more about the gift options that will pay you income and help make God’s love visible in the Middle East and North Africa.
- Giving Stock, Real Estate or Other Assets - Giving non-cash assets to help reach people with the Gospel is a way for you to save on taxes and give without restricting your cash flow. You can give stock, real estate, business interests, and more.
- IRA Gifts - If you are 70? or older, you can make gifts from your IRA and receive significant tax benefits in return. It is convenient, tax-wise means to make God’s love visible to people in the Middle East and North Africa.
- Cryptocurrency - Tax-Wise Gift - If you have benefited from cryptocurrency investments, you can donate it and receive a charitable deduction and avoid capital gains taxes.?
- Donor-Advised Fun (DAF) - A DAF works like a “charitable giving account.” You make a gift to your DAF and receive an immediate tax deduction. You then request grants to be made at your discretion to your church, SAT?7, and other ministries.
Take the mystery out of estate planning! SAT-7 partners with Financial Planning Ministry, a professional planned giving ministry, to provide confidential, personal will and trust review and planning services at no cost to our donors.
Your will or trust is a way to purposefully allocate your resources to support the people and causes you hold dear.
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2 年May I inquire what the image of God is pertaining to here?.............. I'm sorry it's open for translation in context and syntax. It's not clear with the English grammar. Please make clear what is meant??