01/08/2020

hunting gearAs of this writing I have two more hunts coming up over the next three months – an Idaho pronghorn hunt that came as a complete surprise as I drew a very-difficult-to-draw tag, and a Colorado mule deer hunt I’ve been planning for the past 15 years.

I’m excited. If I’m not hunting, I’m thinking about it. I’m always dreaming of the next hunts to do and experiences I’d like to check off my bucket list. I’m always talking to people and doing research about ideas, looking at gear and maps, shooting my rifles, testing new ammo, etc. Should I use my trusted old .270 Winchester or .300 Win. Mag.? Or should I use my new 6.5 Creedmoor or .28 Nosler? To me, the planning and anticipation of a hunt is half the fun.

It’s funny, but statistics show clearly that we all spend way more time planning a vacation than we do planning for our financial future. We hunters are no different. It’s just not that much fun to do the research, have the discussions and dig into everything that goes along with financial planning, especially if it’s estate planning and contemplating our own demise and where our money will go. Some fellow hunters I know joke that their estate plan entails spending their last dollars on ammo and gas for a hunt and then hopefully “kicking the bucket” while out in the field. Sounds nice, but it rarely happens that way.

Taking some very simple steps can assure a smooth transition for your estate.  My parents both passed away four years ago and their taking the simple step of setting up living trusts made it much, much easier on me and my siblings to handle the transition of losing our parents and handling the assets in their estate. I’m very grateful for their foresight and planning.

estate planningJust like in hunting, going a little further than just the basics can yield more success. In estate planning, going just a little further to include some tools of charitable giving within the plan can quite often make it so your estate provides more assets and/or income to you and/or your family and pays less in taxes. At the same time, providing benefits to your favorite non-profit organizations lets you leave a lasting legacy for the causes you want to support, helping to assure that the opportunities for future hunters are preserved.

Going that extra step involves planned giving and it can yield big benefits. SCI Foundation is excited to announce a renewed effort to help everyone learn about and incorporate planned giving tools into their financial and estate plans. There are lots of tools available like Charitable Gift Annuities, Donor Advised Funds, Charitable IRA Rollovers, Charitable Remainder Trusts, etc.  By using some of these tools you might be able to help SCI and at the same time increase your income, save significant taxes and provide a more security for your family.

We’ve launched a new section of our website with all kinds of information about these techniques. Make sure you check it out at www.SCIFHeritage.org

In addition, I’m available as the Foundation’s planned giving specialist. I invite you to join me in becoming a member of the SCI Foundation Heritage Society by making a planned gift. You can make a big impact. Let’s have a conversation about hunting and how I can help you map out, hunt down and implement the right planned giving tools to help you, your family and your hunting legacy.

 

For more information,  email: gnelson@safariclub.org.  Phone: 435-213-9986.-- Gordon L. Nelson

Hunt Forever