We kicked off this episode with a great question: What's a purchase you've never regretted? That surprising discussion then led us into a much deeper topic: gifting, legacy, and charitable giving. We unpack how intentional gifting can actually be a core part of your financial plan, aligning your money with your personal values. Colin and Wheeler break down various strategies for giving, including the annual exclusion amount for family and friends , options like super funding a 529 for college , and using a Qualified Charitable Distribution (QCD) from your IRA to save on taxes.

In this episode, we dive into more advanced charitable strategies like Donor-Advised Funds (DAFs) and Charitable Remainder Unitrusts (CRUTs). Wheeler and Colin explain how a mechanism like the CRUT can allow you to receive income for life while benefiting a charity and even fund a life insurance policy (ILIT) to leave a tax-free legacy for your beneficiaries. We also discuss the big tax changes coming in 2026, especially regarding charitable floors and ceilings.

The biggest takeaway is that you don't need a lot of money to be charitable —small acts of kindness and giving your time count just as much. We encourage you to move past any sense of guilt and focus on the positive outcomes of giving, seeing it as a powerful tool for building wonderful things and a way to embrace your capacity for more.

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Credits:
Created By: Wheeler Crowley and Colin Walker
Production Assistance: Tori Rothwell
Editing and Post-Production: Steven Sims