As a Financial Consultant with Thrivent Financial, I am blessed to help guide members along their path as they strive to be wise with money and to live generously. To me, generosity is an expression of love.
As a part of my role, I’ve been presenting workshops focused on how the new Federal tax law changes present new opportunities for Estate/Legacy Planning. So far, the workshops have not been highly attended, but I’m starting to see some evidence that people are putting some strategies into action.
Here are two examples:
I received a call early last December from an excited, area non-profit leader. She shared that they just received a check from a community member who had not previously given to their organization – but had attended one of the legacy planning workshops the month prior. She asked me if there is a connection. “I hope so!” is the answer I could give. This is exciting!
During a recent client meeting with a retired couple, I learned that since our last discussion, they had been thinking about some things. They wanted me to understand how their passion has evolved as it pertains to their planning. They have been retired for many years and own a life insurance policy that they feel they no longer need. They have no debt. Children are grown. Their savings and income are strong. They could have decided to close the life insurance policy, but instead, they chose to change some of the details so they can leave the proceeds upon their death to the organization that has given to them in so many ways throughout their lives. It was a big decision that brought them joy. It will undoubtedly bring joy to others and impact the lives of future generations.
I am look forward to future generosity conversations!