Have you experienced the passing of a loyal donor who forgot to leave you in her estate plan?
Sadly, it happens often. Many don’t create a will at all — leaving their families with an emotional and financial mess and risking the government to handle their estate..
“I’m dying,” she said. “I have 4 to 5 weeks to live.” She is a friend in the planned giving industry. I was devastated and the conversation gave me a paradigm shift: I realized I don’t like to give. I like to invest in my legacy instead.
Did you hear that former Zappos CEO Tony Hsieh died intestate? Now his family, friends, and business associates are apparently fighting over a bunch of deals and agreements that were scribbled on thousands of sticky notes plastered all over the walls of his Utah mansion.
Which would you choose: buying yourself a pair of Jimmy Choos, or the opportunity to help someone else buy much-needed shoes?
My father hated estate planning. The words conjured up technical mumbo-jumbo he preferred not to think about.
The relationship between fundraisers and potential donors is like dating. And, just like the dating world, in fundraising, there are duds, and there are keepers. Which kind of fundraiser are you?
In today’s economic environment, a legacy planned giving initiative helps you tap the hidden enormous potential of your loyal donors and transform the growth trajectory of your organization.
You know the saying, “The only two things certain in life are death and taxes.” Even after your lifetime, there are many taxes you can avoid. We call these funeral expenses.
The plain, unvarnished truth is that traditional wealth screening tools simply do not work in planned giving.
The congregation sighs and settles in for what the pastor knows is actually their least favorite Sunday. “Please take a look at the insert in your bulletin,” he continues. “You’ll see that we didn’t meet our budget again this year.” His audience knows where this is going: The church is struggling to accomplish its mission, but the congregation is not pulling its weight in terms of monetary contributions.