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How to Have Your Cake and Eat It Too

Prairie Eco-Thrifter

If you end up in life with assets that you would like to use or from which you need to receive income, yet also want to donate to charity, there may be ways for you to do both. Keep Your Asset, But Still Get An Estate and Gift Tax Break On it. million left tax-free to heirs.”. Get Income for Life From An Asset You Give Away.

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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

If you plan to donate it, will the organization use it for the purpose you intended, or spend it on perks for their employees? How can you best protect it from evaporating into the tax systems? That is one reason I hold my Grandma Rie’s Money Camp each summer with my grandchildren (our third generation).

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How to Talk Estate Plan and Last Wishes with Your Sibling?

Prairie Eco-Thrifter

Although he is single and lives alone, he has a decades long friendship with a woman and has come to be considered a pseudo Dad and Grandpa by her children and grandchildren, but he has no legal relationship with any of them to my knowledge. He has spoken of donating to science, but has a burial plot and engraved stone already in place.