Faith Bible Baptist Church

Financial Peace - Lesson 6


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This sermon emphasizes the importance of proactive estate planning as an act of stewardship, wisdom, and love for family and future generations. Centered on biblical principles of order and responsibility, it guides listeners through essential tools such as healthcare proxies, wills, and trusts, highlighting how they safeguard loved ones, prevent family conflict, and ensure assets are distributed according to one's wishes. The speaker underscores the financial and emotional burdens of probate, especially in New York State, and explains how strategic use of beneficiaries, joint ownership, and trusts—particularly irrevocable trusts—can bypass probate, minimize tax liabilities through stepped-up cost basis, and protect assets from creditors or Medicaid. With a pastoral tone, the message urges believers to act while in good health, communicate openly with heirs, and prioritize long-term planning over short-term convenience, all rooted in faithful stewardship of God's blessings.
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Faith Bible Baptist ChurchBy Pastor Chris Baran