Generosity is about more than dollars; it's about discipleship, financial literacy, and passing on wisdom along with wealth. A giving fund can be a powerful tool for generosity, allowing individuals to give easily and strategically, and involving family members in the process. Modeling generosity can also leave a spiritual legacy for future generations, and planning ahead can help families navigate the challenges of succession planning and wealth transfer. [... more]

Creating a family legacy is about more than just financial wealth, it's about passing down values, traditions, and faith to future generations. Certified Kingdom Advisors like Jan Thompson help families integrate biblical wisdom into their financial planning, making values-based decisions that withstand uncertainty and reflect unchanging biblical truth. [... more]

Setting a financial finish line can help individuals prioritize generosity and manage resources effectively. It's a biblical principle that involves recognizing God as the ultimate treasure and stewarding resources wisely. By setting a finish line, individuals can gain freedom, contentment, and peace in their financial lives, and ultimately, draw closer to God. [... more]

Leaving a meaningful legacy goes beyond transferring financial resources, encompassing values, faith, and Christ-centered purpose. Intentional inheritance involves prayerful intentionality, transferring wisdom before wealth, and preparing heirs to steward wealth wisely. [... more]

Every parent hopes to leave an inheritance for their children, but doing so wisely takes careful thought and prayer. Ron Blue joins the program to discuss the uniqueness principle and how it can guide parents in passing down wealth effectively, highlighting the importance of considering individual circumstances and the potential consequences of their decisions. [... more]

As the baby boomer generation ages, they'll leave a tidal wave of wealth to their heirs, but is the next generation ready for that wealth? Experts say it's more important than ever for families to discuss wealth transfer and seek professional guidance when necessary. [... more]

The pursuit of wisdom over wealth is a crucial aspect of financial management, as seen in the book of Ecclesiastes. John Cortenez discusses the importance of prioritizing wisdom in financial decisions, citing the story of three siblings who inherited a substantial amount of money but had different outcomes due to their approach to wealth. He emphasizes the need to seek wisdom, which is a shelter and preserves those who have it, as opposed to wealth, which can be fleeting. [... more]

Living off credit card float can lead to unknowingly being one payment behind, while proper financial decision making and stewardship require considering each child's ability to manage wealth responsibly. Estate planning and wealth transfer decisions should reflect God's wisdom, not just human emotions, and may change over time as children mature. [... more]

Women are increasingly inheriting wealth and face unique challenges in managing it, including a lack of financial planning and passion for generosity. Christian financial advisors can play a crucial role in helping women prepare for the responsibility of inherited wealth and live out their values through wise financial decisions. [... more]

Respecting time to grieve and needing time before making large financial decisions are crucial for widows to gain financial confidence. A financial professional can help by providing a safe place, listening to the widow's needs, and offering guidance on financial decisions. Encouraging and empowering the widow to take control of her finances is also essential, as well as helping her navigate the process of wealth transfer and estate planning. [... more]

A biblical approach to financial planning and wealth transfer emphasizes the importance of stewardship, mutual respect, and unity in marriage. Financial decisions should be made jointly, with a focus on God's ultimate desire for unity and harmonious financial management. Effective communication and joint decision-making are key to avoiding financial misunderstandings and conflict, while also addressing deeper spiritual issues and heart issues that may be driving financial decisions. [... more]

As the baby boomer generation ages, they'll leave a tidal wave of wealth to their heirs, but research shows they're not preparing the next generation to manage that inheritance. Experts say it's more important than ever for families to discuss wealth transfer and seek professional guidance when necessary. [... more]

Generosity and financial decisions are intertwined with Christian personal finances, as seen in the parable of the rich fool. Wealth transfer and estate planning are crucial, and giving is a key aspect of financial wisdom, as discussed with Ron Blue and Rob West on faith and finance. [... more]

Home equity represents a significant asset for many Christians, and understanding how to steward it wisely is crucial. Harlan Akkala discusses how biblical principles of stewardship apply to home equity, including the use of reverse mortgages. Rob West also answers listener questions on financial planning, including the great wealth transfer and Social Security benefits. [... more]

Determining your intended retirement age and creating a pre-retirement checklist are crucial steps in planning for a secure financial future. Mark Biller, executive editor at Soundmind Investing, shares his expertise on setting realistic retirement dates, estimating retirement budgets, and managing debt. He also emphasizes the importance of considering living arrangements and guaranteed income in retirement planning. [... more]

As the baby boomer generation passes away, they will transfer nearly $68 trillion in assets to their children, a historic event that raises questions about how Christian heirs will use this wealth. With a decline in charitable giving, it's essential for Christian boomers to model generosity to their adult children and plan their estates to leave a lasting legacy of stewardship and generosity. [... more]

Leveraging life insurance as a tax shelter can provide a tax-free savings account for retirement, allowing individuals to create an income stream and transfer wealth to the next generation without incurring taxes. This strategy can also be used to pay for long-term care and provide a structured settlement for beneficiaries. [... more]

The SECURE Act has made significant changes to IRA beneficiaries, affecting how wealth is transferred to the next generation. The new rules are more restrictive, with a 10-year rule for non-spouse beneficiaries, making IRAs less favorable for wealth transfer. Financial planners like Hans Scheil recommend alternative strategies to minimize taxes and ensure a smooth transition of wealth. [... more]

Certified financial planner Hans Scheil discusses the 10-year rule for IRA beneficiaries, explaining how it affects tax planning and wealth transfer. He also explores alternative strategies, such as using Roth IRAs, QCDs, and life insurance, to minimize taxes and maximize charitable giving. [... more]