Geltwise

This episode is sponsored by the Schwartz Legacy Planning Group, helping successful people like you keep, control and direct your hard-earned money. Learn more at slpg.ca. How much more would you give to charity if it cost you next to nothing? That’s what Edward Schwartz set out to learn when he discovered a little-known tax structure called "flow-through shares". And, as he discovered, people are willing to give a whole lot more. Schwartz previously worked in the tax-structured investment business in the '80s, the call center business in the '90s, and in health-benefits administration in the 2000s. After he sold that latter business, he used flow-through shares to satisfy his tax obligations while getting dollars into his Donor-Advised Fund to give money away to charity. He realized the power of flow-through shares in tax savings: instead of charitable giving costing 50 cents on the dollar, donors can give to charities for nine cents on the dollar—or less. Now in the business of recapturing and preserving his clients’ wealth, Schwartz uses this strategy to help his clients take control their dollars, reduce their tax burden and cement their legacies. Disclaimer: This podcast is for general entertainment and educational use only, and is not intended to provide individual advice, including investment, financial, legal, accounting or tax advice. Potential donors and/or investors are advised to consult their own legal counsel or other qualified professionals to assess their specific financial and legal situations.

For generations, the Jewish community has built legacies—in family, in faith, and in finance. When it comes to your money, you want to be smart about it.  This is Geltwise, a podcast about personal finance from a Jewish perspective. Join host Jared Lindzon as he sits down with financial advisors, real estate experts, tax pros, estate planners and others for guidance to help you tackle the questions that matter most to you and your family. Subscribe to Geltwise on Apple, Spotify or wherever you get your podcasts. Get episodes sent directly to your inbox by signing up to The CJN’s newsletter. Stay wise. Stay Geltwise.