Giving While Living
If you desire to benefit your church or charities close to your heart, like Camp Conquest, there are many creative and strategic ways to give. Camp Conquest has partnered with Ambassador Advisors, a trusted financial and legacy planning firm, for more than a decade. Ambassador can help you and your family dream more, plan more and do more with the assets God has provided for you.
Ambassador Advisors’ guidance may help you reduce or eliminate taxes, may help you to choose the right asset to pass on to your children, and bless charities and your church. The team of professionals at Ambassador Advisors will help you review and evaluate your giving, help you fully understand the opportunities and threats that exist, provide a thorough analysis, and help you create strategies to most effectively maximize your investments, manage risk, and execute giving tactics.
When you’re thinking about leaving a legacy with your estate, you face three major challenges.
First, taxes can be a source of confusion and frustration. Every asset has the potential to be taxed differently. There are three groups that go after your assets when you pass away: heirs, charity, and ‘Uncle Sam.’ With proper planning, you can choose any two out of these three to bless!
The second challenge of legacy planning is long-term illness. With costs exceeding$100,000 per year for skilled nursing care, you must understand ways to protect your assets from the effects of long-term illness.* Ambassador Advisors’ professionals can help you calculate how much your long-term care might cost, and then ensure you plan appropriately.
The final challenge is lack of communication. Although often overlooked, the impact of your decisions on family members can be massive. Including them in your process and educating them on your core values can be a vital time of growth and a caring expression of love.
Simply stated, planned giving integrates your personal planning goals with your charitable giving goals. In so doing, you create opportunities for charitable giving in circumstances that may not otherwise enable you to make an impact. Planned giving provides “something for everyone” by offering great flexibility through the many giving options available!
* Source: longtermcare.gov