Planned Giving

Planned Giving is making a charitable gift in such a way that you (as the donor) can maximize tax savings and financial benefits for yourself and/or your estate, while fulfilling your philanthropic goals.

The gift may be a one-time donation, a series of payments over a set period of time, or ongoing support. It may be a current gift for use now, a deferred gift for use in the future, or a combination of the two.

Many planned gifts are made through bequests in a will, but there are other options such as life insurance, using cash to create a gift annuity or charitable remainder trust, or gifts of property such as stocks or real estate. The Government of Canada’s elimination of capital gains tax (2006) on donations of appreciated property (including stocks, bonds, and mutual funds) make such gifts a tax-wise option.

Contact Stephen Miller for more information.

Located in: Wills & Estates