The Power of Giving

Generosity is beneficial to both the giver and the receiver. In fact, research shows that people who give more are generally happier. And the good news is you don’t have to give away a large amount of anything. Simple actions can sometimes make the biggest difference. So, in this episode, we will be discussing practical advice for financial gifting that goes beyond your time on earth.

Listen in as we explain how much money you can gift someone financially before it starts impacting your taxes and how compound interest on your estate can impact the amount of money that is left to your loved ones. You will learn how to control the legacy you leave behind, how you can make an impact on your loved ones even once you’ve passed away, and more.

What You’ll Learn:

  • The impact you can have on other people by taking the smallest actions.

  • How selfless acts of generosity can positively impact your life.

  • How to make practical financial decisions that will lead to long-term giving.

  • How much you can give someone financially before being taxed.

  • What a Donor Advised Fund is and how this can be beneficial to you.

  • What happens to your money when you pass away.

Ideas Worth Sharing:

  • “Giving doesn’t start as a matter of the mind. It starts as a matter of the heart.” - Fiat Wealth Management

  • “Generosity comes in a lot of forms.” - Fiat Wealth Management

  • “It is very possible to have a voice from the grave as far as giving is concerned.” - Fiat Wealth Management

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