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here on Tax Hacker Tuesday. Enjoy the show. This is Terrio Media. Did you know that up to 50% of your lifetime income will be wiped out by taxes?

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It's time for Tax Hacker Tuesday.

Hey, I want to talk about four concepts.

Okay.

First concept, year-end tax planning, estate planning,

charitable gifts, and gifts to your children.

Can you speak intelligently on all of those?

Sure, they're all the same concept, really.

At the end of the day, they're pretty much the exact same thing. Well, at the end of the day they're pretty much the exact same thing.

What Bernie's talking about is December 31st is looming large.

It's coming up really fast and in order for you to make completed gifts for either the tax donations for a charitable

contribution or the gift tax savings for the kids you've got to make those gifts

completed by December 31st. Is that what you were talking about?

That's what I was talking about.

Okay, and so why would somebody want to make a gift of charity for example,

...