Not Your Average Financial Podcast™

Episode 169: How to Give Double to Your Favorite Charity, Without Any More Out of Pocket!


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In this episode, we ask:

  • Have you wished you could give more?
  • How might you leave a substantial legacy?
  • How might your gifts affect generations?
  • Who is Mark Willis?
  • Would you like to have a meeting regarding charitable giving? Would you like to book a meeting with Mark at lakegrowth.com/schedule to discuss?
  • What about old debt?
  • How might we help the charities thrive?
  • How about thinking through a game plan?
  • What are the options for giving?
  • Are you making an exit strategy?
  • What about nonprofits?
  • What about donor advised funds?
  • What about foundations?
  • What about endowments?
  • What about trusts?
  • Are we a saving nation or a debt nation?
  • What about finite resources?
  • How large are the debt payments?
  • What happens when we haven’t been able to give?
  • When are donors least likely able to give?
  • Why is giving so important?
  • What happened in the year 2020?
  • Can one donate debt?
  • Why is debt so heavy?
  • Who is sitting behind the banker’s desk?
  • What if you could use the idea of banking to your advantage?
  • What about buffering against inflation?
  • What about dividend paying permanent whole life insurance?
  • What about impacting your personal life?
  • What about impacting the charity, as a donor?
  • What are the possibilities for beneficiaries?
  • What about the dividends?
  • What about the guarantees?
  • What about the interest?
  • What about the parable of the talents?
  • How fast could a charity get access to money?
  • Can you give cash value to a charity?
  • What about using the cash value for personal benefits?
  • What about charitable gifts?
  • Are you an insurable interest to the charity?
  • Can the charity be the owner and beneficiary of a policy?
  • What about tax savings?
  • What about doubling the gift?
  • What about an example?
  • What about a policy loan?
  • What about church gifts?
  • What about church leader care?
  • Can you purchase life insurance policies on a church?
  • What is a key person policy?
  • What about annual or routine giving?
  • What about tax deductions?
  • What about how it feels?
  • How do you give to your favorite charity?
  • Why do you give to your favorite charity?
  • What about giving on a limited budget?
  • How long does an example take to “pay for itself”?
  • How is this different from traditional “pass the plate” strategies?
  • Do you simultaneously need the gift for your own needs?
  • What about a car loan example?
  • What about age?
  • What about numbers?
  • What happens if you pass away?
  • What happens if you need income?
  • What about a Bank on Yourself type whole life insurance policy?
  • What does this all mean?
  • What’s the difference with the charitable banking strategy?
  • How is this a win/win situation?
  • What are the considerations?
  • What are the downsides?
  • Is this a long term strategy?
  • What about a leaving a legacy?
  • Who do you need to tell?
  • Would you like to see if this makes sense for you?
  • Would you like to talk with Mark about charitable giving? Schedule a phone introduction appointment with Mark.
  • How is it possible to double a legacy?
  • What about the tax implications?
  • Would you like to make your dreams for a better world come true?
  • ...more
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