Splitting Heirs: Giving Your Money and Things to Your Children Without Ruining Their Lives

by Ron Blue

Overview

Finish well. That is what we are called to do in Scripture, but where will our money and possessions finish? The Bible has the principles that provide answers to the challenge of parenting and passing along an in heritage. Within the next decade, over ONE TRILLION DOLLARS will change hands from one generation to the next. Individuals with adult children will need to transfer that wealth without ruining their heirs' lives. Ron Blue, an authority on personal and business finance, will help:
~Identify exactly how much money would be transferred were the reader to die today
~Identify the need for creating a will
~Identify tax-wise financial planning
~Teach the way to leave money without creating an unhealthy dependence

Product Details

ISBN-13:	9780802480781
Publisher:	Moody Publishers
Publication date:	01/01/2008
Sold by:	Barnes & Noble
Format:	eBook
Pages:	224
Sales rank:	517,649
File size:	2 MB

About the Author

RON BLUE is a successful entrepreneur in the financial services industry and an admired leader and speaker on the topic of Biblical financial management. In 1970, he founded an Indianapolis-based CPA firm which has grown to be one of the 50 largest CPA firms in the United States. In 1979, he founded Ronald Blue&Co., a fee-only financial planning firm, convinced that Christians would better handle their personal finances if they were counseled objectively with the highest technical expertise and from a Biblical perspective. Ron is the author of twelve books on personal finance from a Biblical perspective, including the best-seller, Master Your Money, and his most recent book, Wealth to Last, co-authored with Larry Burkett. He is currently the President of Kingdom Advisors and lives in Atlanta, Georgia.

Read an Excerpt

Dealing with the challenges of handling the wealth entrusted to me by God is what led to wealth transfer being my primary speaking topic recently, and now this book. I found I wasn't alone. As I discussed the outline of this book with other people close to my age, I found they too struggle to decide the balance of assisting yet not spoiling adult children and providing for family yet furthering God's kingdom purposes. They had difficulty dealing with changing roles and expectations of parenting adult children.

Table of Contents

TABLE OF CONTENTS

Chapter 1: Confessions of Procrastination

Chapter 2: The Wealth Transfer Process and Life Overview

Chapter 3: Your Transfer Decision

Chapter 4: Your Treatment Decision

Chapter 5: Your Timing Decision

Chapter 6: Your Title Decision

Chapter 7: Your Tools and Techniques Decision

Chapter 8: Your Talk Decision

Chapter 9: Conclusion

What People are Saying About This

From the Publisher

Ron Blue once told me that God had called him to help Christians plan and manage their finances "to help fund the fulfillment of the Great Commission."  What obedience could possibly be more important than that?  His approach to money management is both profoundly spiritual and refreshingly practical.  I am honored to have benefited from the insight and expertise of such a good friend.
-James Dobson, Founder and Chairman of the Board, Focus on the Family

Margaret and I have both had the privilege of going through the thinking process contained in this book relative to wealth transfer and its impact on heirs.  We have benefited greatly from this counsel and it has been my pleasure to call him Ron Blue, not only as an advisor, but also a friend.
-John C. Maxwell, Founder, The INJOY Group

No one knows more about Christian stewardship than my friend Ron Blue.  In this book, he makes a great case for Christians to think Christianity about end-of-life financial issues.  Being heavenly minded isn't enough—everyone has an obligation for responsible stewardship of estate planning.
-Charles W. Colson, Founder, Prison Fellowship

Thousands of people today manage their money more wisely because of the influence of Ron Blue.  I know of no one more qualified to counsel people on biblically based principles relative to the sensitive issue of transferring wealth to children.
-Steve Douglass, President, Campus Crusade for Christ

Splitting Heirs is a superb book for anyone needing guidance in wise estate planning—and that includes all of us.  Drawing on his years of experience, Ron Blue has authored a book that is practical, wonderfully written, and packed with wisdom.  I heartily recommend it.
-Howard Dayton, CEO Crown Financial Ministries

Time would be well spent to read the "words of wisdom" in Ron Blue's book Splitting Heirs.
-S. Truett Cathy, CEO and Founder, Chick-fil-A, Inc.

This is the first book you'll read that will really prove itself effective when you're gone.  But given the choice of "hoping" that all goes well with your children after you die and "knowing," I strongly recommend that you choose "knowing" rather than just "hoping."  This is one of the most important books you'll ever read.
-Robert Wolgemuth, Bestselling author of She Calls Me Daddy

Splitting Heirs provides readers the opportunity to take advantage of Ron Blue's wealth of experience in financial management.  He brings the light of God's Word to bear on an issue that is both practical and crucial for Christians who view the stewardship process as a divine trust.
-Andy Stanley, Pastor, North Point Community Church

Thanks to Ron Blue and Jeremy White, a deepened perspective on how we handle our "treasure" is provided.  So affluent a culture as ours easily dulls our discernment, making us—and especially our children—prey to the world-spirit of entitlement and selfishness.  In Splitting Heirs our senses are sharpened; showing us how to plan our will according to the ultimate Will—the Word of God; calling us to wiser stewardhsip, judicious parenting, and a God-honoring way to handle what we "can't take with us."
-Jack W. Hayford, Pastor, The Church on the Way

Splitting Heirs is interesting and full of facts.  More important, it is a book filled with wisdom and understanding.  Must reading for thoughtful parents and grandparents.
-Bill Armstrong, Colorado businessman, U.S. Senator 1979-1991

Inheritance is risky business, often damaging lives, marriages, and children.  Few of us bring an eternal perspective to leaving money behind or to handling unearned wealth.  But God had entrusted us with His assets, and we need to consider how best to invest them in eternity.  Ron Blue sets our sights high, offering biblical and practical insights on a vital subject.  Ron has written some fine books, but none more important or timely than this one.
-Randy Alcorn, Author of Money, Possessions, and Eternity and The Treasure Principle

One of the most frequently asked questions at donor meetings is how much do I give to my children and grandchildren?  For years Ron Blue has helped donors understand what to do and not to do in passing wealth on to the next generation while being a good steward with furthering Christ's Kingdom.
-Hugh O. Maclellan, Jr., President, Maclellan Foundation

As parents and grandparents, Martie and I have wrestled with the questions addressed in Splitting Heirs.  How can we best plan for the material resources God has blessed us with in this life?  Ron Blue uses the template of God's Word to filter his experience as a financial manager and brings insight to this crucial issue for Christians who want to finish well.
-Joseph M. Stowell, Teaching Pastor, Harvest Bible Chapel