Choosing to give to charitable causes is an admirable act. Many important initiatives are solely dependent on charitable contributions. And while the greatest benefit of making these contributions is the impact it can make on an issue or cause you care about, it can also have financial benefits.
In my Giving Back podcast with Rob Lowe, we explore simple ways to make a powerful difference in people’s lives. http://bit.ly/2vKjrBz. Rob’s show talks about the great work being performed by charities, and tells personal stories of how and why people support their favorite charity. You’ll also learn how you can take action and get involved in a cause you’re passionate about. Greg Hammond, CFP®, CP
Will the Human Side of Investing Make You Poor? Many investors face a dilemma. You need to grow your assets so you can meet your personal financial goals. Yet emotions and a fear of loss often drive self-defeating investment decisions. Let’s look at how emotional decisions interfere with your ability to develop and maintain an investment strategy that works to grow your investments year after.
Greg Hammond helped raise funds for ALS by supporting the Joe Martin ALS Foundation CDI Southeast Annual Golf Tournament, Dinner and Auction. The event was held at Ballantyne Country Club in Charlotte, NC on October 10th. ALS most often overwhelms families financially and emotionally.
By Greg Hammond, CFP®, CPA The most effective and rewarding philanthropy—to the giver and to society—comes when giving is an extension of your values, interests, and goals. Expressing yourself through generosity that reflects personal and emotional relevance can excite you in a way that no obligatory gift ever will. In turn, this leads you to invest even greater amounts of your time and talent in seeking solutions fo
By Greg Hammond, CFP®, CPA Generational disconnect or differences exist in all families. Every generation develops its own style of expression, methods for handling conflict, and values. Even tech-savvy parents are likely to feel that virtual connecting and 24/7 technology lacks sufficient depth to replace face-to-face conversation. Kids, on the other hand, feel that Mom and Dad just don’t get it and can barely turn
A Family Limited Partnership (FLP) is a limited partnership that families use to manage family enterprises and other family investments. The FLP has two classes of partners—general and limited. The general partners retain managerial and financial control over the partnership. Typically, once the senior family member(s) transfer the family assets into the Family Limited Partnership, they keep the general partnership i
How happy is your family? Do you communicate about what matters most? Do you truly know each other? Mere facts are meaningless until infused with significance. Your family’s passions, longing, failures, regrets, wins and learning are the fabric of life, and the stories that recall “life” are crucial to building a lasting legacy.