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Passing the Whole Baton
For the past few years, nonprofit organizations and churches have been hearing about the upcoming generational wealth transfer. Estimates range anywhere from $60 to $90 trillion dollars that will be passed from Baby Boomers and the Silent Generation to their heirs and the causes they care about over the next 30 years.
Should Your Church Have A Planned Giving Ministry?
Planned giving is not for the faint at heart. Nevertheless, an increasing number of churches across America are hosting estate planning (wills and trusts) educational seminars. These churches are serving their members with essential end-of-life decisions while at the same time adding hundreds of thousands of dollars, even millions of dollars, of future gifts for ministry.