Total 169 Posts
Bequest donors trust charities enough to make them often significant beneficiaries of their estate, yet they don’t trust them sufficiently to tell them in advance.
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One in Ten: Why Donors Don’t Tell Charities about Their Bequests Continue Reading »
Charitable Giving, Estate Planning, Philanthropy/Charitable GivingTumbling 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. ….
Charitable bequests and stock market turmoil Continue Reading »
Estate Administration, Estate Planning, Philanthropy/Charitable GivingThe testator disinherited her only son who was 51 years old and suffered from Hepatitis C. The son sought an order that adequate provision be made for his proper maintenance and support from his mother’s estate. A good discussion of the principles of dependant support.
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Man vs. Beast Continue Reading »
Contested wills, Estate Litigation, Philanthropy/Charitable Giving, WillsIt is always fascinating to watch evolution in progress. I grew up with the Canadian Donor’s Guide. For the last 26 years this publication has been Canada’s preeminent annual guide to charitable giving. It started out as a bound listing of charities distributed to the legal community, but with the electronic age it has changed to remain relevant. ….
Canadian Donor’s Guide Continue Reading »
Estate Planning, Philanthropy/Charitable GivingTrusts are balancing acts. The balance is especially challenging when there is a mixture of family and charitable beneficiaries that occurs with certain testamentary trusts. The classic scenario is a testamentary charitable remainder trust. A spouse is income and capital beneficiary for life and one or more charities receive the remainder interest…..
Testamentary Charitable Remainder Trusts Continue Reading »
Estate Planning, Philanthropy/Charitable Giving“Charitable giving is a growing priority for many Canadians”, Joshua E. Thorne, Senior Will & Estate Planner, Scotia Private Client Group. If you want to learn more about this expanding area, read on…….
A Guide to Fundraising Organizations in Canada Continue Reading »
Charitable Giving, Estate Planning, Philanthropy/Charitable Giving