Estate Planning
Total 1065 Posts
Charitable bequests and stock market turmoil
Tumbling stock markets always stir up anxieties. This is certainly true for charities that depend on donations, as well as for the donors who give to them. One type of donation that is remarkably unaffected by market roil is the bequest.
Canada is seeing a steady, long-term increase in charitable bequests because of a combination of societal factors. These factors include the aging of society, greater concentration of wealth, smaller and non-traditional families, increased profile of philanthropy, and generous tax incentives for gifts of assets. Over the last 20 years, an environment has been created where more Canadians are feeling comfortable with devoting a significant portion of their net worth to charity. ….
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Estate Administration, Estate Planning, Philanthropy/Charitable GivingPrivate company shares and life insurance
It is not unusual to see a corporate beneficiary of a life insurance policy collect the insurance on the death of the insured shareholder. Depending on the circumstances, there are creative ways to use the insurance to benefit such persons as the deceased’s estate or other shareholders of the company.
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Business Succession Planning, Estate Administration, Estate Planning, Executors, Insurance, Liability, Small Business, Succession Planning, Tax IssuesSpeaking About Grave Errors…
Two sisters from New York sued a New Jersey cemetery for $25 million after learning that their mother had been buried in a different grave site than the one they had been visiting since her death in 1990…..
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Estate Administration, Estate Planning, In the News, Interest