Keeping the Family Business in the Family

Baker Family Case Study
Mr. & Mrs. Ralph Baker, Net Worth: $20 Million

After developing and implementing their own Master Stewardship Life Plan, the Bakers
increased their net, after-tax INCOME from $12 Million to $19 Million.

The increase in the INHERITANCE the Bakers’ heirs will receive as a result of their new plan went
from $11 million to $25 million.

And with their old plan, the Bakers’ secular SOCIAL CAPITAL (amount the family pays the IRS in taxes) was $11 million with no Kingdom capital. After implementing their new plan, all of their social capital was converted to KINGDOM CAPITAL (the amount the Baker family and their heirs will give to ministries), giving them $25 million to put towards Kingdom purposes.

These case studies are presented as examples of estate planning strategies.  Actual estate plans will vary based upon each individual situation.  All plans are done in cooperation with a client’s tax attorney and accountant.  All tax information is presented after thorough study of the tax laws relevant to a particular situation and cleared through the accountant and attorney.