What Is He Going To Do With All That Money? | Global News Avenue

Amazon’s founder Jeff Bezos is one of the richest people in history, and his wealth will surpass him and his heir. Bezos said he would Donate most of the wealth After his life or death. He said he intends to use his wealth to solve important global problems, especially climate change and inequality.

Although most of us do not share Bezos’s wealth levelTogether with some of his ideas with traditional real estate planning strategies, it can help affect us to shape a heritage that is conducive to heirs and the world.

Bezos’s wealth and heritage plan

Jeff Bezos and his ex -wife Mackenzie Scott have four children: Preston, George, Henry and Emmy Awards. Both Bezos and Scott stated that they plan to donate most of the wealth, Scott Melinda Gates promised to donate half of the fate to charity.

Bezos has not signed a promise, but he has made it clear that he is not interested in his wealth. He plans to put most of the contents of them to practice, so that he is interested, and he believes that it will be essential to humans in the future. These include confrontation with climate change, dealing with humans inequalityAnd explore the space to protect the earth.

BeZos Earth Fund

Some of his wealth and heritage are related to the Bezos Earth Fund. He established a commitment to $ 10 billion in 2020 to resist climate change. The $ 10 billion will be distributed before 2030 (one year of sustainable development goals).

The fund aims to reduce carbon emissions, protect wild animals and plants and nature, help communities with unfavorable situations, change grain delivery and sustainable practice in global development.

blue

Companies centered with his space blueBezos has a wider view of the future. He established the company that humans must expand to space to ensure its long -term survival.

The company’s goal is to make space travel easier to get and make millions of people living and work in space. He believes that in the future, harmful industries can run external driving, protect the earth, and “blue origin”.

These are not the only trust funds, a group given by the charitable organization or the Bezos family. For example, there are Bezos Day One Family Fund and Bezos Family Foundation. If Bezos does give up half of the large wealth, it will still leave the inheritance of billions of heirs.

This family has a closer structure for family inheritance. If the report that has been deleted by the currently deleted YouTube video is correct, then the children will inherit $ 50 billion from their father.

Real estate planning strategy

Although unlike Jeff Bezos (Jeff Bezos), most of us do not have to worry about the management of billions of dollars after our death, we can now take solid financial planning steps to enable our inheritance, beneficiaries and beneficiaries The inheritance benefits.

This is some key Real estate planning Consider strategies.

Understand inheritance and inheritance tax

In the United States, the IRS has imposed Inheritance tax Great heritage. In 2024, the inheritance of more than $ 13.61 million ($ 13.99 million in 2025 in 2025) shall pay federal heritage tax, with a cost of up to 40 %.

This threshold is very high, and most people will not owe real estate tax because their real estate value will not be able to reach. However, many states have their own inheritance and inheritance tax, which may be suitable for lower levels.

Even if you do not have billions of dollars to pass to the heirs, it is important to understand how taxation affects your property. Trust and other tools can minimize your tax burden and ensure the reason why more assets are passed on to your heirs or choices.

Establish a will or trust

will It is the basis of any good real estate plan. It is certain that your wish is respected and your assets are allocated as expected.

For individuals with more complex financial conditions, trust may be a better tool. Trust allows your beneficiary to avoid Introduction Courts to reduce heritage tax and protect privacy.

Use charity donation

One of the best tax effective methods for leaving inheritance is to donate through charity. In addition to helping you care about it, charity donations can also reduce inheritance tax liabilities.

Option Donor consultant’s funds or Charity remaining trust It makes it easier to make it easier for the orientation of funds to be charitable, while still maintaining a certain control of its usage.

Name the beneficiary and update them

Real estate planning includes specified Your beneficiaryEssence It is important to regularly review the names of the beneficiaries of retirement accounts, life insurance policies, investment accounts and other assets.

This is especially important after major life events (such as marriage, the birth of children or the death of the beneficiary).

Communicate your plan

Caring your inheritance plan to communicate with your loved ones can help prevent confusion and conflict.

Although you don’t need to share all the details with them, you can ensure that your family knows your wishes. After leaving, this will make everyone’s process smoother.

Bezos’s strategic heritage planning

The strategy of understanding real estate tax and use tax benefits will benefit anyone who wants to effectively manage their wealth. Even billionaires like Bezos have used some strategies discussed above.

Although Bezos’ charity donation will benefit various reasons, “his charity gifts are usually regarded as his strategic tools in his wider real estate plan.” Russel Morgan (Russel Morgan)Was the founding member of Morgan Legal Group, who talked to Investopedia through emails.

“By making major charitable donations, especially through initiatives such as the Bezos Earth Foundation and his donations on various environments and social undertakings, Bezos can reduce the taxable value of its property.”

“Charity gifts are usually formulated in a person’s life, usually from Heritage valueIt is possible to reduce the inheritance tax paid after death. ”

Morgan said that this can be completed by “the remaining trust of charity or other inheritance vehicles that aimed at maximizing charity and tax efficiency”.

Bottom line

Real estate planning is not just allocating assets; this is about the creation of heritage that reflects your values.

Jeff Bezos is using his wealth to deal with global challenges. your Real estate planning You can focus on ensuring the financial security of the family, support local charities or preserve family heirs.

Regardless of your net assets, through the thoughtful financial plan, you can control how your wealth can make others make a difference.