Legacy Owners Podcast Paramount Leadership
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What is your Legacy?
Join Michael Glover, COO of Legacy Global discuss ways you can Live Well and Leave A Legacy™!
In this weekly live stream, we talk about how you can leave a legacy with your family, your business and many different philanthropic activities. We talk about:
501(c)(3) organizations
Donor-advised Funds
Fiscal Sponsorships
Split-interest giving
Family office training
Generational wealth
and so much more!
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Legacy Owners: Donor-advised Funds: Part 1
This week we are discussing a high level overview of donor-advised funds and how they differ from other charitable options.
What is your Legacy? Join Michael Glover, COO of Legacy Global discuss ways you can Live Well and Leave A Legacy™! In this weekly live stream, we talk about how you can leave a legacy with your family, your business and many different philanthropic activities. We talk about:
501(c)(3) organizations
Donor-advised Funds
Fiscal Sponsorships
Split-interest giving
Family office training
Generational wealth
and so much more!
Join the community and subscribe at LegacyOwnersLive.com -
Donating Crypto With A Charitable Trust
Donating non-cash gifts can seem a little intimidating at times. Donating Cryptocurrency can also seem a bit intimidating, but neither of them have to be. There is a process of donating cryptocurrency to minimize your tax liability while also generating lifetime income from the investments made. In this episode of Legacy Owners Live, Melodie Durfee, Michael Glover and Kale Hamblin discuss what that process looks like.
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Year-End Giving
Giving to charity is great for both individuals and corporations. In the first episode of Legacy Owners Live, we discuss what that process looks like and what you should be aware of when planning non-cash gifts to charity.
To watch Legacy Owners Live on the air, be sure to visit Legacy Owners Live from the Legacy Office's private group.
Hosts of this show: Michael Glover, Kale Hamblin -
Lifetime Income With Charitable Remainder Trusts
We continue our series on Split-Interest Gifting as I talk about how to give to charity while gaining lifetime income. This is great for the donor, the investment advisor and the charity. Let's discuss how a Charitable Remainder Trust works.
Watch This Episode: https://youtu.be/YOlJ8ZD-ivI
Let's talk your charitable strategy: https://www.legacyglobal.org/mike
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AVAILABLE PLATFORMS
Apple Podcasts: https://www.legacyglobal.org/applepodcasts
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Spotify: https://www.legacyglobal.org/spotify
Stitcher: https://www.legacyglobal.org/stitcher
Overcast: https://www.legacyglobal.org/overcast
Breaker: https://www.legacyglobal.org/breaker
Pocketcast: https://www.legacyglobal.org/pocketcast
RadioPublic: https://www.legacyglobal.org/radiopublic
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YouTube: https://www.legacyglobal.org/youtube -
Get Lifetime Income While Giving To Charity
Did you know you can give to charity and get income for life? Let's talk about how that's possible in the next episode of Charitable Secrets.
Let's talk your charitable strategy: https://www.legacyglobal.org/mike
Chapters:
0:00 Start
0:42 Intro Credits
0:52 What Are Split-Interest Gifts?
2:22 Why You Haven't Heard Of Them
4:00 How Split-interests Gifts Work
5:26 What Types of Gifts Strategies Are There?
7:40 How To Watch The Other Episodes
8:04 Want To Call About Your Situation?
8:46 End Credits
______
WATCH LIVE STREAMS
https://www.legacyglobal.org/live
__________
SUBSCRIBE TO THE SHOW
https://www.www.legacyglobal.org/show
AVAILABLE PLATFORMS
Apple Podcasts: https://www.legacyglobal.org/applepodcasts
Google Podcasts: https://www.legacyglobal.org/googlepodcasts
Spotify: https://www.legacyglobal.org/spotify
Stitcher: https://www.legacyglobal.org/stitcher
Overcast: https://www.legacyglobal.org/overcast
Breaker: https://www.legacyglobal.org/breaker
Pocketcast: https://www.legacyglobal.org/pocketcast
RadioPublic: https://www.legacyglobal.org/radiopublic
_______
SAY HEY & CONNECT
Facebook: https://www.legacyglobal.org/facebook
Instagram: https://www.legacyglobal.org/instagram
Twitter: https://www.legacyglobal.org/twitter
LinkedIn: https://www.legacyglobal.org/linkedin
YouTube: https://www.legacyglobal.org/youtube -
Why Have A Family Foundation
You can also watch this episode on Youtube
There are a lot of details that can go into having a family foundation. Here are a few ways to create a Family Foundation:
Private Foundation
Public Foundation
Donor-advised Funds
They help instill values and traditions
Involve the next generation in giving
Your foundation instills charitable traditions within the family and creates generational impact to the community.
Deepen social consciousness
Helps the family work together on things that are important to them
Many activities such as work, kids school and extra curricular activities, make it more difficult for families to talk about things that matter, let alone take action on.
The foundation becomes the "entity" in which family members gather to discuss problems they would like to see resolved
This helps family members get to know each other on a higher level as they discuss what is truly important to them.
Maintain family ties
Council meetings that can be held within the foundation create more opportunities for the family to meet together.
As family grows, people move for school and careers, the council meetings create an opportunity to meet more often than just Thanksgiving.
Increase personal fulfillment
The benefits of philanthropy, however, are not exclusive to the recipients. Givers can also benefit from donating their time. As they give more, they often find they receive more.
Giving exposes you to a deep sense of belonging
You are more of a part of the community because you have investing time and, sometimes, money to it.
Develop “real-world” skills
Involving younger generations with the foundation can develop real-world skills
They learn things like leadership and team work, investment management, social awareness and negotiations
You can even involve school-aged children and help them develop these skills, well before their peers do.
Tax Savings for You and Your Estate
Reduce your income tax each year you make a contribution
Depending on the gift, you can lessen or avoid capital gains tax
Reduce or eliminate some estate taxes
Grow charitable contributions by investing those funds and increasing the potential giving for future generations.
If you found this helpful, please give us a like and consider subscribing to the channel www.legacyglobal.org/youtube
Set up an appointment with me at Legacy Global to discuss your charitable needs and how to talk about your situation.