Your Legacy: Family, Church, Charity
Transcript of Your Legacy: Family, Church, Charity
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Your Legacy: Family, Church, Charity
27878-2 R2-21© 2021 Thrivent | All rights reserved. Do not distribute without authorization.
A More Than Money Matters® workshop
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Why we’re here
Giving is important:
• It’s personal.
• It’s possible.
We’ll introduce options and ideas to help ensure your legacy is carried out as you intended.
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Giving is inspired by generosity
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How do you express your generosity?
01Spontaneously
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02Intentionally
How do you express your generosity?
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03Strategically/planned
How do you express your generosity?
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Planned giving
Provides for:
• Family and beneficiaries.
• Churches.
• Charities/causes.
Thrivent Pyramid
The Thrivent pyramid provides a frameworkto help you achieve your financial goals.
Protection
Accumulation
Distribution
Legacy
Protection
Accumulation
Distribution
Legacy
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• I need to be rich, old or both.
• It will reduce what I leave for my heirs.
• I can’t change it once my plans are made.
• It will happen when I die.
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Planned giving misperceptions
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Planned giving features
• May be able to give more.
• Can give an asset other than cash.
• Create opportunities to involve family and future generations.
• Ensure your kids’ or grandkids’ benefits.
• May be able to take advantage of tax benefits.
• Have options to receive ongoing income payments.
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Planned giving strategies
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• Gifts of cash or other assets.
• Beneficiary proceeds.
• Charitable gift annuities.
• Gifts of life insurance.
• Charitable trusts.
• Donor-advised funds.
• Will or trust bequests.
• Qualified distributions from IRAs.
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Jeanne’s solution
Charitable gift annuity:
• Provides income while living.
• Benefits church foundation after her passing.
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Athena andHenry’s solution
Charitable trust anddonor-advised fund:
• Athena and Henry receive quarterly trust payments.
• Their kids will receive income tax-free inheritance from insurance.
• Charities receive ongoing support from the trust’s remainder upon their death.
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• Reduce uncertainty about what tomorrow brings.
• Ensure your values are reflected in your plan.
• Enable you to give a more significant gift.
• Help ensure a reliable source of income in retirement.
• Take time to consider ways to reduce taxes.
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Why act now?
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Live a legacy
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Assemble a team
• Financial professional
• Attorney
• Tax professional
• Family
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Your generosity in action
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Charitable Impact & Investing™ offerings
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Makes giving possible by providing:
• Range of options to give in ways that match your values and financial situation.
• Flexibility to support favorite charities at times of your choosing.
Check national ratings from ratings agencies such as Charity Navigator and GuideStar.
• Centralized giving, invested to maximize charitable support.
• Potential income tax benefits.
Thrivent Charitable Impact & Investing™, a separate legal entity from Thrivent Financial for Lutherans, is a public charity that serves individuals, organizations and the community through charitable planning, donor-advised funds and endowments. Thrivent Charitable Impact & Investing works collaboratively with Thrivent and its financial professionals.
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Customized strategy session
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