Episode 89 - The Art of Giving: Strategies for Family and Legacy

Most people think gifting is simple: write a check, transfer some stock, done. But here’s the truth—gifting can either save you taxes and strengthen family ties, or create conflict and unexpected tax bills.

In this video, we dive into the complexities of gifting in tax planning and family dynamics. You’ll learn how to give meaningfully, avoid pitfalls, and ensure your generosity aligns with your long-term financial goals.

What You’ll Learn in This Episode:

💡 Why gifting decisions depend on personal circumstances (no cookie-cutter solutions)
💡 How the annual gift tax exclusion really works
💡 When to use intra-family loans and trusts to protect both sides
💡 Why gifting equities can save taxes (but comes with cost basis implications)
💡 How clear communication prevents family disputes over money
💡 Why funding experiences may matter more than cash gifts
💡 How to pressure test your financial plan before making big gifts
💡 Aligning your gifting strategy with your values and long-term security

Done right, gifting is more than money—it’s a legacy.

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#FinancialPlanning #TaxPlanning #GiftingStrategies #WealthManagement #RetirementPlanning

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Connect with Jeremiah:

LinkedIn:   / jeremiahjlee  
Email: [email protected]

Connect with Laura:

LinkedIn:   / laura-lee-59a83610  
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Connect with Randy:

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Information and ideas discussed are general comments and cannot be relied upon as pertaining to your specific situation, do not constitute legal/financial advice, and do not create an attorney-client or fiduciary relationship. Examples discussed are fictional. You should consult your own advisor/attorney and do your own diligence prior to making any decisions. Investments involve risk and the possibility of loss, including the loss of principal. All situations are different, and results may vary. Randy Barkley is a life insurance agent CA license # 0518567 and Jeremiah Lee is a California licensed attorney and is responsible for this communication. Advisory services offered through TriCord Advisors, Inc., a Registered Investment Advisory firm.