Combining and Tiering Family & Charitable Goals in Estate Planning
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This event will be offered in person at the Minnehaha Country Club or virtually from your home/office.
A buffet lunch will be served starting at 11:30 am. The webinar begins at noon.
Registration for in-person attendance will close at 5 pm on Thursday, November 13th.
About the Program
The presentation opens with a review of the early 2000’s Grove/Prince study Round Hole/Square Peg findings of high-net worth clients opens the presentation, exploring the reasons clients give for not following-through with rather time-consuming and detailed estate plans. The salient takeaway is that wealthy individuals are not enthused about the plans that have been designed because little, to no effort was made to identify their values and translate them into a meaningful legacy.
Anecdotally, many advisors report a new confidence in “going there” with their clients regarding this issue-area interests, resulting in the development of dynamic and exciting results, including less client-procrastination, and even referrals.
So, what is meant by “Tiering” of Family and Philanthropic Goals? The magic of advanced charitable gift planning is discovering ways people can make dramatic, impactful charitable gifts without necessarily reducing what they intend for their heirs. Using attorney and planned giving pioneer Charles Schultz’ popular concept of “A Right Inheritance”, this presentation explores just how to do so. First, the audience is led through an easy donor exercise of identifying three tiers of “right inheritances” for heirs: 1) Initial Inheritance; 2) Additional Lifestyle; and 3) Supplemental/Future Inheritance. Then Marc explores how to combine these inheritance goals with a similar “tiering” of philanthropic ones.
About the Speaker
Marc Littlecott is the Director of Estate and Planned Giving for the University of Mississippi (Ole Miss), where he has been on staff since 2022. A Chartered Advisor in Philanthropy®, he has worked as a specialist in the field of planned giving since 1999, including 14 years with The Salvation Army and 8 years at South Dakota State University. He was the Secretary & Treasurer of the Charitable IRA Initiative, which lobbied for passage of the Charitable IRA Rollover and its expansion for split-interest gifts,, which was recently enacted by the Federal government in 2022 under the SECURE ACT 2.0. He presently serves on the editorial board of the industry’s main periodical, Planned Giving Today. After graduating from the Virginia Military Institute, Marc served as a commissioned Army officer before working in the nonprofit field.
