Death Manuals, Donor-Advised Funds, and the Legacy You Leave

Most people don’t give at year-end because they’re saints. They give because of taxes… and then hope the IRS sees it the way they do. In this episode, I bring back estate planning attorney Griffin Bridgers and walk through year-end giving in four parts: Hook & Setup, The BS We’re Fed, No BS Reality, and Do This Next.

In the Hook & Setup, we talk about why year-end giving turns into chaos so easily — last-minute donations, rushed transfers, and families confusing “being generous” with “throwing money at the calendar.” Griffin breaks down the timing problem most people ignore: if you’re wiring money or donating stock on December 30th, you’re not planning, you’re gambling on processing times and paperwork.

In The BS We’re Fed, we call out the myths: “Just give by 12/31 and you’re good,” “cash is king,” and “philanthropy is for the ultra-wealthy.” Griffin walks through how the $19,000 annual exclusion, the massive lifetime exemption, and the idea of foundations vs. donor-advised funds (DAFs) really work — not how social media and marketing spin it.

Then we move into No BS Reality. We talk about starting with what you actually want to leave behind — for your family and for causes you care about — and working backward from there. We dig into why relying only on thick legal documents is a trap if nobody can access your accounts, devices, or logins. This is where Griffin introduces his Death Manual concept and his Inherit Substack, where he’s building out the playbook for organizing your real life, not just your paperwork.

Finally, in Do This Next, we get practical. We lay out simple steps: pick your giving strategy for this year, decide what you’re actually going to give (cash, stock, or something else) with your CPA, start your own Death Manual with one password and one account list, and choose a “giving day” you repeat every year instead of panicking at the deadline.

If you’ve ever said, “I know I need to get my will done” and then ghosted the process for years, this episode is your reset button — not perfect, not theoretical, just real moves to stop leaving a mess behind.

🎥 Watch the full episode on YouTube:
 https://youtu.be/q85Ub9rxVNk

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DISCLOSURE: Awards and rankings by third parties are not indicative of future performance or client investment success. Past performance does not guarantee future results. All investment strategies carry profit/loss potential and cannot eliminate investment risks. Information discussed may not reflect current positions/recommendations. While believed accurate, Black Mammoth does not guarantee information accuracy. This broadcast is not a solicitation for securities transactions or personalized investment advice. Tax/estate planning information is general - consult professionals for specific situations. Full disclosures at www.blackmammoth.com.

Chapters

• 0:00 Hook & Setup: Why year-end giving gets messy fast
• 0:49 What this episode will actually do for your money
• 3:19 The BS We’re Fed: “Just give by 12/31 and you’re fine”
• 7:14 Cash is king? The truth about cash vs stock gifts
• 11:47 “Philanthropy is only for the wealthy” & foundations vs DAFs
• 15:05 No BS Reality: Start with what you actually want to leave
• 20:18 Why documents alone won’t save your family (the shame game)
• 24:26 The Death Manual & Griffin’s Inherit Substack
• 29:03 Do This Next: Start with one bite and one password
• 31:42 Your giving day, DAFs as a tool, and final challenge

Transcript

0:22

Well then it's time. Yes, it's the end of the year. It's December, and a lot of what we're talking about and thinking about is not only charitable giving. Our loved ones, but for those, it's tax. It's tax giving. I mean, let's be real. Majority of people give for tax purposes. Let's not hide around that. However, there's different ways to, one, prepare for yourself, but also what does that mean for your legacy, um, and how can you set those things up? So Griffin's on here. To help us walk through that. And he has a, a really shiny object announcement for himself that we're gonna get into and integrate it all. So without further ado, Griffin, welcome back and, yeah. Smart year end giving. When it all wraps into your legacy, th this will, this is different. Um, I know a lot of people do it. Not a lot of people think about the different ways to do so. Yes. And, uh, I, I think it's easy to get wrapped up in, uh. The, the rush of the end of the year and put a lot of this off. I think, uh, I've personally struggled with this too, or I have various charitable pledges and all of a sudden it's, uh, new Year's, or at best December 30th, and I'm thinking, oh no, I haven't really gotten those done, so I'm logging on to hope that maybe I can get the, the money wired over. And I think the, the issue becomes that, obviously, you know, there's. Charitable and legacy purposes to, to making year end gifts, like you said. But sometimes there's also a question of timing and the IRS looks at it as, when you're straddling that year end point, at which point is that transfer or gift effectively made? Uh, is it at the point where you write the check, uh, assuming you still write checks? Is that at the point where the. Check is deposited. Is it at the point where the wire transfer or online charitable portal actually pulls money from your account and depending on the situation, it's uh. You know, there, there might not be any clear answer. So I think it's really, uh, a timing question where it's important to make sure that perhaps you're not leaving it to the absolute end to make sure that yes, if you want a transfer to be credited into 2025 for tax purposes, you better make sure it happens during 2025. Absolutely. And first, let's put it out there, right? We're not accountant CPAs and we are not licensed in the tax side. So. Get with them first before you allude to anything that we're talking about. However, providing this opportunity to discuss it from our lenses is gonna provide some clarity. But, you know, gotta throw that disclosure out there because as you know, as an attorney, it's always good to save ourselves. So I agree timing. Timing is key and we are in. A timeframe right at the end of the year to do so. However, we're also in a timeframe of the stock market too. So everyone thinks giving is always typically just cash, right? I mean, probably 90% of giving is cash. Um, the rest of its stocks or, or land. Um, and so when do we give stocks is important. Timing too. The market's been at all time highs. The Appreciat Appreciatable stock stocks is what we're talking about here. So there's multiple timings, not only at the end of the year, but where your stocks are at. Um, and it all comes into play at that. So let's dive into our first segment, which is what Soci our second segment, which is society and Media are saving. This one's fun from a, a hor of ways, just'cause it's fun for us to do, but it also is what everyone's thinking. So. Again, we just alluded to this one. The first one is give at the last minute and it's fine. Right? We talked about it. Yeah. Technically it, it's fine. That's a lot of stress, a lot of mistakes could be ma, be, be had, and all of those things. Aside from what you had just said. What else comes into play that you know of from like the legacy side of things, if we do it last minute and we rush it, try to get it done before 1231. Well, I think, uh, you know, carrying on to a conversation I had this morning with, uh, another client looking at charitable planning is if you're gifting anything other than cash valuation becomes important. Now, obviously with a lot of publicly traded stocks, you know, things where you could just go through your advisor easily. Unload those on a trading platform. Uh, you know, it, it's easy to find what those prices might have been after the fact, but at the same time, there's, there could be a little forensics there that you have to engage in. But where a lot of people think the money meets the, you know, meets the road or rubber meets the road, is with, uh, things like business interest or real estate or hard to value assets. And the IRS isn't going to just take your word for it on what the value of those is and what the amount of your charitable gift, or even if giving to family members, your just direct gift might be so at some point. Valuation experts come into play that you have to get, you know, some level of expert opinion on what the value of an asset might be, and you have to include that with whatever return you're required to file. And if it's on the charitable side. Whoever that expert is, they may have to actually sign a part of your return as well as part of that, that value substantiation. So those things can take time to get set up. Now, uh, you may have. Gear end versus April 15th, or if you extend October 15th in terms of how those pieces line up and, and often valuation is done in a backwards s facing. Type of area where we're looking at, okay, we're gonna reconstruct the books and figure out what the value was on such and such past date. So that's the situation you're in. Great. But professionals get busy and the earlier you can line up the right professionals that you'll need to help you, the better off you're gonna be.'cause the last thing you want to do is wait not just a year end, but maybe April 14th and say, oh no, we need an appraisal. Well, it looks like we're forced to extend now and then putting it off again till September, October and finding out, well, guess what? That that professional isn't available. That's such an important part of it. Like professional. We're busy too. Like we, it's not, you're not the only one. Yeah. Potentially doing this and you know, on the stock side of things and giving, yeah. It takes time to also transfer and settle in all of those, so gotta plan preemptively. And if you're thinking about this and, and listening right now, you technically have time, but it's time to move it, it's time to get on it or have it as part of your 2026 plan as well. Exactly. Uh, I alluded this one too. Cash is always the best way to give. What's your opinion on that? Yeah, I mean, cash is easiest. Now. It depends on the purpose of the gift and, uh, whether you're giving it direct or in trust or, or what does the mechanism of transfer look like? And for, for a lot of people, you know. An irrevocable trust isn't gonna be the optimal type of a vehicle unless it's part of a broader, sustained pattern of giving that you want to carry out over time. But cash is king. And I think the, the, the negative to cash is that, yeah, if you don't want somebody to be able to immediately turn around and use it, uh, then perhaps that's not what you should be giving away. But at the same time, you don't have to worry about some of these. Valuation of headaches. Now, with that, I think a very important element too is, you know. Some of this is charitable, but the other piece that a lot of people ignore is that if you're giving money to other family members, you run up against the gift tax. Now, it's rare that anybody ever during life pays a cent of gift tax. You get two exclusions that come in the way. First you have a lifetime exclusion. Right now it's 13.99 million. Once we hit January one, it goes to 15 million per giver. So until you're over that threshold and lifetime giving, you don't have to worry. And that amount's gonna keep going up, index for inflation every year. But what you do have is also an annual gifting limit, because the IRS doesn't want to have to track every single gift you give during the year. So that right now is 19,000 per recipient, not for you as a giver, but per recipient. So you can give up to$19,000 per recipient, but it typically has to be a direct. Gift can't necessarily be in trust so. The issue with that 19,000 threshold, one is that once you cross it for any one person, then you now have to file a gift tax return for the year. And that can be a bear too. And there's not a lot of CPAs out there who know the ins and outs of that return and truly know how to prepare it correctly. Some will occasionally do'em, some will just put up their hands and say, no, we don't touch these. Go see your attorney. And the attorney might say, okay, we didn't help you with a gift. So we're reluctant to just do this as a one-off engagement, so keeping that in mind is important and cash helps you fin nightly know that you're under that 19,000 per recipient limit, but that 19,000 is designed to take in account. Every single gift you make during the year. So a lot of people will stroke a$19,000 check at year end. Well, guess what? You know, whatever holiday you celebrate, be it Christmas, Hanukkah, any other number of things, there's usually also a a gifting element to that. Technically, if you wanna stay within the letter of the law, everything that you're giving. As part of the holiday season, including material goods counts against that 19,000 as well. So a lot of people don't realize that if you truly want to be compliant, that 19,000 is gonna include a lot of other stuff that might have passed from you during the year and, and very few people remember those gifts or remember that principle. They, it's true. And that's why so many or so less, so many, however, I wanna word that CPAs and accountants, they don't, they don't know how to do the gift tax return.'cause it's one, it's rare, very rare. And people forget. And then it's like, well, okay, but you're right. Um, and that's where it comes into play. I also believe that when you, when you think, yes, Cassius King, we all know that part, but if you wanted to layer and, and have it. You also can put in your, your, your death benefit of your life insurance or something like that is more of a legacy. You can always build that in for those that don't have the cash or they want to directly do it at a different way. So just some fun things to think about. Agreed. Family foundations, family philanthropy is only for the wealthy. What do you say to that? I mean there, it, it really depends on the scope and scale of what you're trying to accomplish. Now, it used to be that, um. A lot of clients had the only option of really setting up a family foundation like you alluded to, and that was often used as a tool to, uh, give wealth away but not really give wealth away that, uh, you know, you could have it there earmarked for charitable purposes, get all the sweet tax benefits up. Front, but not necessarily have to permanently part ways with it. And in the process, the IRS came out with a lot of rules that say, okay, um, once you've put it into one of these family foundations, you're limited in how you can interact with those funds. It can't personally benefit the family. It's. Earmarked for charitable purposes. So often there's a minimum amount you have to make in grants every year to actual charities. And two, there's pretty steep, in some cases, excise taxes that kick in to ding you. If you do indeed, personally benefit from those funds. So family foundations in addition to those are just a bear to set up. It can be very expensive to set that up and try to seek tax exemption. So if you want to use that as a tool, for example, to get children involved and help them learn philanthropy and, uh. Maybe even just have the optics of a board that you're there using to support charitable uh, purposes. A lot of people are pivoting to the middle ground now, which is the donor advised fund, where a lot of the larger financial institutions administer and manage these. Um, a lot of larger public foundations administer and manage these, but you can set up your own fund, which for all intents and purposes, operates a lot like a family foundation, but at a much lower cost. And I think the benefit is that it's kind of then on you. To determine the grant making authority, uh, whether it's within your family in an organized structure or at your passing, that you're passing the torch to those who you want to manage that wealth. So a lot of these can be set up with a minimal gift, sometimes as little as a, you know, a few thousand dollars, and it gives you more of that flexibility to decide over time how much. The initial seed amount and any growth and value of that, which will be tax free. Another benefit will ultimately benefit charities. Now that being said, it does have its own internal costs, and I think what a lot of people forget is that, um, the, the name of it is donor advised, meaning that you as the donor can advise what grants you want to make, but whoever's administering that fund does not have to. Follow your instructions. They can say no. There have been some high profile cases of situations where, yes, the, the donor advice fund didn't accept a grant making request and some foundations will set them up where they'll only allow grants for specific causes, specific purposes, and those may not align. So, you know, there's trade-offs to everything, and while you get simplicity with the donor-advised fund, you do lose some benefits in the process as well. Let's get to next segment, which is your point of view, right? And I love this one. It's just being the host, because I get to dig into your brain even more. All right, so we, we just talked about the DFS or donor advised funds, um, appreciated assets. We've talked about foundations. From your perspective and your experience, how do you really match which one goes with what type of family and situation now, g. It all depends. I get that right everybody listening. It depends on your scenario, but when you are talking to people or or building out a legacy. What are some questions or ways that you figure this thing out to find which tool is best for them? I think it always starts with, you know, with why and, um, you know, I'm, I'm blanking on the name of the, the speaker, uh, who, who had the famous start with Why speech? Uh, I think it was Simon something I'm, it's gonna come to me after the fact and I'll look like an idiot. But, uh, you know, it's really starting with that why of what are your. Legacy and charitable purposes. And because I'm an estate planner, I always like to start with the end in mind and work backwards. So at a bare minimum, you know, usually an estate plan starts with the legally enforceable documents you have that usually outline transfers of property that are gonna take place at the time of. Uh, and sometimes for a married couple, it's really considering what's gonna happen when both of you are gone. And that's really the inflection point at which we're looking at who's gonna receive what. And the question is, okay, charity comes in at that point. So. What amount or percent or whatever do you want to ultimately leave to charity? And once we've answered, you know, the why and the amount, then we get into who and who that benefits, what level of control, uh, you want, and whether you want the flexibility to change that over time. Once we kind of have that in place, then you can work backwards to look more at, okay, what is your lifetime giving look. Like, uh, is that treated as something above and beyond what you wanna give at death or is it kind of treated as a cumulative thing, or that's reducing what you might intend to give away at death and. Aligning both of those plans, lifetime giving and death time. Giving, for lack of a better term, I think is extremely important. And I think flexibility is important too because the causes you want to support today may not be the causes you want to support in the future. So at a certain level, there's a lot of charitable vehicles that come into play where, uh, if you want that level of. Flexibility. There are ways you can get the, the tax benefits now, but put some of that off the donor-advised fund, like we said, where, uh, you can have an upfront benefit, shift some growth out, but retain kind of that educational and control piece to it. There's other trust and other things that'll, that'll help you do that too, that we're not gonna get into in great detail. But there's, there's some ways you can have your cake and eat it too. Now that being said. I think one of the things we haven't touched on is as we approach year end, there is a slight change to, uh, the charitable deduction that, uh, uh, you know, starting next year there's a floor, you know, 0.5% generally of your A GI or you can't deduct anything until you exceed that threshold. That doesn't exist for 2025. So depending on what your A GI is, if you're a high earner, that may be a pretty significant tax. Uh. Chunk that you're losing going into 2026 that may benefit. Pushing up that timeline in favor, an immediate gift over some of the broader concerns I just discussed. Yeah, and a part of the DS too, and I know we keep hitting a upon on that. It's just, for me, it's easiest use flexibility and can be done quicker. Like let, let's talk about why not saying that I'm selling those and that's the best thing in the world. I'm just saying this is the flexibility and quickness. Also, you're able to lump sum. Other at the same time, right? So if I wanted to put a whole bunch in, now I can take that to tax deduction for this year as opposed to with some of these vehicles we've gotta do it every year. So there is some flexibility of why we're talking about it with the new, you know, the new tax bill coming out and those types of things of why we're talking about so immediately, but. That still gets me back to like the, the legacy planning, the, the charitable stuff and all of that, but like how, how, why, those types of things. But ultimately comes back to what have you been working on. Right. I know we teased it last episode, now it's time. So what have you been working on that we've held off until now to talk about. Well, I think, um, there's been a couple things that, uh, I have motivated this. Uh, and, and really I'll get into the project, but ultimately what I'm looking to do is completely rethink the way that not only individuals, but also professionals approach estate planning and estate planning education. So, uh, there's. Common advice in education. You get out there where the, the constant message you see is get your estate planning documents done, get a will, get a trust. It's document based and a lot of advisors will either are, have now pivoted to using platforms that generate documents. Or that review existing documents to kind of add some value and figure out situations where things can be improved upon. Nothing wrong with that, but in the grand scheme of things, there's a couple issues with what I've seen as the traditional approach. One is. That the legal documents themselves are only a very small fraction of the estate and legacy planning. And I've noticed over the years that a lot of clients when they do this, um, you know, there's a statistic that says 60 to 70% of Americans don't have a will or an estate plan. And that, that's often been used as a point of shame. I view it as, okay, if you're in that 60 to 70%, you're in good company. And to me. Not always, but it could be worse to get pushed into doing this before you're ready than it could be to wait and take other steps that might have a little bit more impact. But that being said, this document-based ecosystem ignores a lot of things that I think could benefit your broader legacy and your broader plan. Now, within that. The document ecosystem has created a complete reliance and dependence on professionals. If you ever want to get anything done from an estate planning perspective, estate planning is perhaps the only area out there where for the most part, there is no self-help guidance. So what do you need before you engage a professional? You need to realize that you actually need help and realizing you need help is usually the outcome of actions taken on your own. DIY is viewed as a bad thing, but on the financial side, you can find all sorts of stuff about basic education, budgeting, investment, all sorts of things you can do on your own. And once it gets too complicated for you, or when you realize that you're fighting against your own brain, your own emotions, your own psychology, that's when you can get somebody to come in and help you. But it's that important realm of discovery to realize you need help to begin with. That's important. Estate planning hasn't created that. Uh, and you know, I I don't mean this as an indictment of any of my peers in estate planning or anything else.'cause Yeah, we're, we're, do, we're. We're acting where incentives align. And for most attorneys out there, the sole revenue generating things in estate planning are one, creating documents and two, administering trust in estates when somebody has passed away. But there's a ton that can be done in the interim. So what I have done is I'm trying to rethink the psychology of estate planning. I may be completely wrong in this and I may completely fall on my face and fail. But the seed change that I'm seeing is that this is behavior change, it's psychology change, and we need a better set of guiding principles as to what the client can actually own, what they aren't dependent on you for, and to avoid getting into trouble. What I've started with is the idea that organizing your affairs. Is the most important thing you can do. It's something you can't outsource to a professional. All of us have head knowledge up here that we use to manage our financial life. It's something that you could get down in a matter of seconds. Um, story, if I were to prompt you right now to write down your bank login and your bank password onto a piece of paper, you could do that in five seconds. Probably once you're gone, that head knowledge is gone. With you, or even once you're hospitalized or incapacitated during life, you can't regurgitate it. So a loved one, having to find that is gonna spend hours upon hours trying to get access to information. And, uh, to logs and other things, or establishing a chain of custody that could easily be handled now. So my idea is that if each of us could just dedicate a little bit of time when the mood hits to get that information down, then. Each of those iterations will improve things for our loved ones or our partners, or anybody else who we leave behind, that we have a big mess that can easily be cleaned up and has an outsized return. And often in the investment world, we're looking for outsized returns, compounding, uh, in terms of. Financial return and balance sheet, but this to me is a compounding investment of time that immediately saves a ton of time for people down the road, and I think gives you peace of mind. And I've started to determine this, the death manual where I have my own setup. There's a cover sheet to my will that says. First and foremost, here's the pin number to my computer. I have a death manual stored at this address. It's gonna give you everything you need start to finish to figure out how to settle my final affairs. Now, we used to think of the will as being the tur, the, the instrument that does that, but more and more with a digital presence, we need something self-authored to get there. So that's my idea. And I've started a, a newsletter called Inherit, which is a, a mix between inheriting and legacy.'cause really we're looking at bridging the two gaps between the two in terms of the final legacy you want to leave, which is not one of a mess. It doesn't matter what you want to have your final impression be that if your final impression is leaving. Everything in disarray. That's how people are going to remember you for better or worse. So if you want your time on earth to mean something, it's better to organize what that time on earth meant to you and what's gonna be needed to carry that out. In the future. So if you wanna look at that, you can visit it@inherit.substack.com. And really the idea is that for not just the end client, but for professional advisors who really want actionable estate planning results beyond the simple, get a will that gets repeated hundreds of times before somebody finally decides to take action. That that's my idea, that I can create a better base of marketing and education for. Anybody who is involved in the estate planning ecosystem. So I'll pause there. No, I absolutely love it. Um, we literally doing it again. My wife and I are doing ours, but I'm doing it for a couple clients right now. And that's, that's the type of stuff that we are, we're asking, like we're asking all those things. And I, I. I know this isn't proper or legal, but to me that is the will, right? That is the documents of, you know, your death guide, whatever, you know, you labeled that as. But like that is more important than the actual legal documents. And I say that because I've lost both my grandmother and my mother, and I've had clients and we've been through this. Not having that information and taking the time to dive through. It was the trouble part. Not who the POA or the the executor was, or the trustee was like, those are cool and all, but even they then were like, I don't know where anything is. I don't know where that stuff is. And so even if you didn't have a will or a trust at that point, that is your will, that is your trust. That is stuff they need. So I love it. And um. Listeners, all that sub substack stuff, that'll be in the link in the description and whatnot. Um, it'll also be, we'll make sure to put that on no BS wealth and everything too. So definitely subscribe. Absolutely. Yeah. Whether you're a client or an advisor. Yes. Subscribe. Because I think the idea here is that, um, one perfect is the enemy of good. And two, that there's a lot you have to do here. You have to eat the elephant one bite at a time. But a lot of us are reluctant to even take the first bite'cause we see the entire elephant. So my idea is, can we hide the elephant? Just take one bite and iterate on that. And if you're an advisor sitting in a meeting, instead of asking, have you done your estate planning documents yet? Have a prompt say, this is one item of information we're gonna write down today if everything's stored on your computer or phone. Good starting point. What's the pin to get into there? Or the password even that is majorly impactful. There's so many little discussions and ideas like that that we could be hammering on to make sure that everybody is prepared. And advisors, I know you use an e-money or right capital or something with a vault. Create that document today as you're listening in everyone's folder and then just start. Take it one bite at a time with it. Exactly. You have tools, you have the safety, you have the ability to do that, and if they were to pass with you, then it is very easy for someone to do so. So you're right. Advisors, jump on now. Um, yep. As we get to the end, we always end with a segment of actionable steps. Now, besides actionable step, we just said by subscribing and doing exactly what we just went with, besides that part, back to the original part of the episode. What do you believe if someone's looking to do a charitable donation of any kind or anything within their will or inheritance, you name it, what is that thing they need to set up before 1231? Well think if it's something in your will, it's not something that has to be done before year end unless you are clairvoyant and plan to, uh, anticipate your demise as of 1231. So that aside, I think, uh, you know, if that's something that's in the works and you want to be intentional about that level. Planning yet helps to get, uh, the, the update to your will or revocable trust or even the base revocable trust or will in place and get the ball rolling on that. Besides that, I think it's a matter of figuring out what assets might have the best impact. And I think it's a, it's a decision we've talked about, but it's not a decision that can be made in a vacuum. Uh, that involving your CPA, your advisor, the other professionals in your ecosystem, if you have them, is important. And if you don't. Depending on the size of the gift, um, you know, if you're used to a certain pattern of charitable giving, um, you know, if it's in cash or otherwise, just being conscious about that deadlines approaching. And maybe 1231 isn't the good day. Maybe it's Boxing Day, the day after Christmas, 1226 that you can designate every year is this is the day I complete my charitable donations or even my year end gifts to family members and friends and other people. Who I want to support and in the process too. You know, if it's a matter of selecting the right assets, the earlier, earlier, you can figure that out, the better. And knowing that you're gonna have to find a value for those assets, especially if they're over$5,000. I think that's the hurdle that you have to substantiate. Now, I know there's all sorts of, uh, other charities out there where they used to do the, the donate a car and just simply sign over the title or the. 1, 1, 8, 7, 7 cars for kids jingle, which I apologize for getting stuck in your head. And, and, and some of those are still around, but, uh, for the most part, uh, you know, the, the, the criticisms become choice of charitable recipient is important too. That Yeah, it's one thing to have a cause I think it's also important to look under the hood. Of the types of organizations you're supporting, and if you don't have the time to do that before year end, maybe there can be a good intermediary middle ground, something like a donor-advised fund or something like that where you can park funds and maybe accelerate some giving into 2025 so that you don't hit that tax hurdle that's kicking in next year. And I'm just gonna leave everyone with this as the next action step, and that is to create whatever file and document and just write down your passwords. Exactly. Start somewhere, because I know a lot of you don't have, like we just said, don't have a will, don't have a trust, don't have any of that. Maybe you haven't dealt with death in your family. You've never been through this, and I'm going to promise you and guarantee you. By the way, I can't do that much because compliance yells at me, but I will on this, that that document alone will save more time, headache, and stress than almost any other document that you can create that a attorney will create, that anything will happen. So do that now. Then lead that into the conversation next year of maybe a bigger document, maybe more different assets, maybe, whatever it is. So again, that came from Griffin himself, that came from his, uh, substack that we're gonna put down below. Everyone else have a really happy holidays, uh, Griffin, I appreciate you everyone listening. Also, our 12 Days of Giving comes out on December 12th, which is 12 episodes. One every day a story kind of like this to help you through the holidays and those and loved ones that are around. So Griffin, I appreciate you Happy holidays and we look forward to 2026. Thank you story and happy holidays everybody. The proceeding program was sponsored by Black Mammoth. Any awards, rankings, or recognition by unaffiliated third parties or publications are in no way indicative of the advisor's future performance or any individual client's investment success. No award ranking or recognition should be construed as a current or past endorsement of black mammoth. Information regarding specific awards, rankings, or recognitions is available on the Black Mammoth website, www.black mammoth.com. 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