Among the many ways to give back to society, donating is one of the simplest and easiest. However, you may find yourself hesitant to donate. Perhaps you believe that your donation won’t make an impact, or that you simply cannot afford to give back at this time in your life. Rest assured, this isn’t true…
Our brother, Robert, was the oldest of three boys in our family. When he passed away, it felt like we had lost a leg of our tripod, a corner of our triangle. Committed to his family and friends, Robert was always willing to offer extra support during difficult times—like when his own family was touched by dementia. After witnessing the heartbreaking effects of the disease, Robert decided to leave a generous gift to the Alzheimer Society of Canada in his…
Planning for the future is important for everyone, but it’s especially important if you or someone you care about has dementia. That’s why we’ve partnered with RBC Wealth Management Estate & Trust Services to bring you a series of informative blogs about estate planning. In this blog, Leanne Kaufman, Head of RBC Estate & Trust Services, asks ‘What kind of financial legacy do you want to leave behind?’
Death is a fact of life. Because the transition from life to death is an unknown, humans are full of fear. And fear drives us to avoidance. Even though there has been increasing media attention to end-of-life issues recently, we seem to live in a death-phobic, death-avoidance culture. While our television, movie and video game screens are often filled with images of violent death. And news reports remind us every day of various threats to life. Can we shift our…
New Federal Estate Planning Legislation Make a Will Month (November) may be officially over, but this year we are still encouraging Ontarians to review their Estate plans because of new rules! On December 16, 2014, the Conservative government made amendments to the Income Tax Act, which impact the Will and estate planning process. Both amendments begin in 2016. Check your Will – you may need to take immediate action! Amendment – Charitable Gifts – Three year Graduated Rate Estate Right…
For those of us working for a charity, the word “legacy” means a thoughtful charitable gift, a gift left in your Will. But there could be another meaning: how did you show up in the world? In other words, aside from the dollars distributed from your estate, how do you want to be remembered? What do you want YOUR legacy to be? How do you show up in the world? Most of us strive to be the best possible person…