Charitable Giving and Legacy Planning

Many of us have benefited from the help of others. Had it not been for others' willingness to help us, we may not have made it through our time of struggle. Now that you have made it through your time of need, you can help in so many ways.

One of the greatest pleasures one can experience is the joy of helping others. For some it is by volunteering, for others it may be mentoring and for some it is sharing their financial abundance when they are no longer here to need it.

Here you will find Three different ways to help your charity, in ways that will live on for years after the gift has been given.

· Charitable Life Insurance

· RRSP/RRIF Gifting

· Legacy Protection Plan

RRSP/RRIF Gifting

One of Canadians greatest savings vehicles has traditionally been Registered Retirement Savings Programs. While we are making deposits to the program, we receive our tax deductions, and the investment grows. But as our investment grows through contributions and growth, so do the taxes inside the savings program. See when we get a deduction; it is really only a deferral of taxes into the future. Even if you stop contributing to the RRSP... Learn more about RRSP/RRIF Gifting...

The Legacy Protection Plan
The Legacy Protection Plan is simply a combination of the above two strategies. When we talk with families about their intentions of charitable giving in the future, they also have a need or desire to not only leave assets to a charity, but to leave assets behind to family members. By using a formula to determine what your future tax obligations will be, we can analyze your situation and maximize the value your estate leaves behind for your family and at the same time... Learn more about The Legacy Protection Plan...