Archive for the ‘Philanthropy/Charitable Giving’ Category

Strangers in Family Foundations

Monday, May 2nd, 2016

Family charitable foundations are often equally about the family working together as they are about charity.  While the purpose of a foundation must be exclusively charitable, the founders’ hope is that future generations of family will have a place to work together and act on their values.   But how, ...

Rethinking Testamentary Charitable Remainder Trusts

Monday, April 11th, 2016

The tax treatment in Canada of testamentary charitable remainder trusts (CRT) has long been an exercise of metaphysical complexity. Although a charity may receive property from a trust established by will, tax receipts are rare. What looks like a gift isn’t for tax purposes. The new “estate donation” rules in ...