Using Your Money for Positive Change with Warren Stickney, Founder & Principal of Stickney Research

Using Your Money for Positive Change with Warren Stickney, Founder & Principal of Stickney Research

Warren Stickney is the founder and principal of Stickney Research, a firm that specializes in the design and implementation of net income makeup charitable remainder trusts (NIMCRT). In this interview, he discusses his passion on how to use your money for positive change in your life and community. He also shares his thoughts on charitable partnerships as a way to offset tax on stock grants/stock options, and ladder bonds as a retirement strategy.

Net Income Makeup Charitable Remainder Trusts (NIMCRT)

What is a NIMCRT? A NIMCRT is a type of trust that allows you to make a charitable donation and receive income from the trust for life or for a term of years, with the remainder going to the charity of your choice. There are many benefits to using a NIMCRT, including the potential to increase your income, reduce your taxes, and make a difference in the lives of others.

A NIMCRT can help you make a difference in two ways. First, by allowing you to give more money to the charitable organizations of your choice. Second, by providing you with an income for life or for a term of years, which can be used to support yourself and your family.


Partnering with Local and National Charities to offset tax on Stock Grants/Stock Options

Warren supports partnering with local and national charities in the private sector in order to offset the tax on stock grants and stock options for charitable endeavors. He believes that this is a great way to use your money for charitable giving to make a lasting impact in the lives of others. Charitable giving empowers the giver and those who receive. Developing a support structure through charities is the best way to make sure an active philanthropist can make sure their money has direct influence to meaningful impact. Z

Ladder Bonds for A Retirement Strategy

Ladder bonds are a type of bond that allows you to spread your investment out over a number of years. This can help you reduce the risk of losing money if the market takes a downturn. It can also help you generate a steady stream of income during retirement.

Laddering bonds is a retirement strategy that can provide you with stability and income during retirement. “Bonds are a great way to supplement your income during retirement,” says Stickney. “By laddering them, you can create a stream of income that is reliable and predictable.”Z

Using Your Money to Build Charitable Organizations rather than using it to pay taxes

Warren Stickney believes that using your money to build charitable organizations is a much better use of your money than using it to pay taxes. “When you make a donation to a charity, you are not only helping the organization, but you are also helping yourself by reducing your taxes. It’s a win-win situation.”