Monday, March 14, 2011

The Generous Ant

It’s nearly Spring!  Sometimes it’s hard to tell which season it is based on Michigan weather.  Soon we'll see green leaves, flowers and the inevitable insect life that goes with warmer weather.  This post deals with two of our insect friends, The Ant and The Grasshopper. 
  
Almost everyone is familiar with the fable about The Ant and The Grasshopper.  The Ant works hard all summer, planning ahead for the coming winter, while The Grasshopper plays his fiddle, dances and lounges in the sun. 
  
In researching this story, one finds that there are three different endings to this tale.  In one ending The Ant turns The Grasshopper away when he asks for help once cold weather comes.  In another, The Grasshopper's lack of planning proves fatal.  In the third, and probably the best ending, The Ant shares what he can with The Grasshopper. 
  
In all likelihood, if the story had originated in the USA, the tale would have the ending mentioned last.  Statistics have shown that Americans are some of the most generous people on earth because they understand that people end up in a circumstance of need for all kinds of reasons. 
  
With generosity, the recipient benefits, but so does the giver.  Studies have shown that people just feel better when they extend a helping hand to someone in need.  In a word, it's heartwarming.  Another possible benefit is a tax deduction for charitable contributions.  Your tax adviser can give you more information on how to claim a tax deduction for your charitable gift. 
  
For many people there is one organization or cause that is near and dear to them.  Because of that, some people will make a contribution to benefit the same group over and over.  If this is something you do, or would like to do, there may be a better way to go about that than writing an annual check.  Charitable giving can be planned through life insurance and annuities.  For more information on which is the right approach for you and how to proceed, please contact me, as this can be complicated.  I am licensed in Michigan.


If you are involved with a charitable organization and would like us to talk to your donors about setting up a contribution plan, please let us know.  Long term planned giving can be a real asset for a non-profit organization.  Thinking about what The Ant would do, he was such a good planner, very likely he would have a contribution plan in place for his favorite non-profit groups.  He would be The Generous Ant!

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