- Develop a basic understanding of what the Bible says about legacy, both related to material wealth and spiritual riches
- Provide broad knowledge on planning instruments that enable people to maximize charitable giving from their estates while minimizing tax implications
- Communicate accurate information to constituents for establishing wills, trusts and annuities
- Articulate best practices regarding special circumstances associated with planned gifts
- Develop a list of questions to ask planned giving candidates to ensure each visit positions the leader to best help the steward accomplish kingdom objectives through their estate
This module is designed to provide participants with an overview of getting major gifts through planned and noncash giving. Doing so requires unique skills and understanding of the major donor mindset, including what triggers major gifts and how to open the conversation. This module will examine how to best serve donors in maximizing their giving, while also reducing their taxes. Participants will learn about different planned giving instruments, such as wills, trusts and annuities. They will also learn best practices associated with a variety of topics: the triggers to major planned gifts, good advice to give business owners about the sale of their business and suggestions linked to the wealth transfer.
Requirements for Receiving Credit
Credit for the module will be determined on the following criteria:
- Successful completion and submission of five Reflection assignments demonstrating that the student has read required reading and reviewed the presentations.
- Engage in the topic forums for all five sessions.
- Splitting Heirs: Giving Money and Things to Your Children Without Ruining Their Lives. Ron Blue with Jeremy White. Northfield. 2004
- Stories of the Generous Life: Ordinary People. Extraordinary Generosity. William F. High with Missy Calvert. WinePress Publishing. 2013