by John | Apr 1, 2017 | 3-Legacy, Cash Management, Charity, Family Banking, Golden Years/End of Life, Saving, Success
“Many high-net-worth investors ignore one of the most powerful financial-planning tools available to them: Social Security,” writes Ash Ashluwalia in this past Monday’s Wall Street Journal.
He caught my attention. I’ve been assuming the system’s demise–and seeking to make alternative plans–since the mid-1980s, when I first learned from Dr. Gary North about how the program is really a Ponzi scheme and is going to fail, one way or another.
Dr. North pointed to comments by then-Sen. William Proxmire during a 1976 hearing. I have bolded the most relevant part: (more…)
by John | Jul 4, 2016 | 3-Legacy, Charity, General
Estate plans are vital. And everyone should have one. Just be sure you’re covering your bases. My experience says even highly competent estate planning attorney will fail to ask important questions. So you need to ask some of these questions yourself . . . and be prepared to direct your attorney in ways he or she might not normally think to go or, perhaps, never has gone before!
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by John | Jun 24, 2016 | Charity
I remember the day we sent our first $50,000 check to one of the non-profits to which we committed ourselves. It was the biggest gift we’d ever given. I sent it off and a few days later I got a phone call from the organization’s head of development (the person in charge of fundraising).
He said, “John, I have this $50,000 check here that you sent. I would like to send it back.”
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by John | Jun 23, 2016 | Charity
Something that still brings tears (of joy) to my eyes.
The (emotional) story of a partnership between committed donors and a willing non-profit—a partnership that has multiplied into a wide-ranging impact not only on the partners themselves, but other organizations and, literally, hundreds of thousands of people around the world, for years.
Perhaps you are—or will be—in a position to make a similar impact?
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by John | Jun 18, 2016 | Charity
Focused charitable investment can put you in the room with the decision-makers.
I closed my last post with a comment that, by focusing, “Sarita and I have been able to ensure . . . that our (charitable investments) actually do ‘make a difference.'”
How can that be true?
For a number of reasons. But in this post I want to talk about being in the room with the decision-makers and those who make things happen.
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by John | Jun 17, 2016 | Charity
One of the things Sarita and I particularly like about our focused charitable investing: we believe our giving is far more strategic than it would be otherwise.
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