Archive for the ‘Philanthropy/Charitable Giving’ Category

Serving the Charitable Purpose

Monday, June 20th, 2016

I want to float a trial balloon about charitable trusts. A clause stipulating that a trust should be limited to using income for charitable purposes, meaning that capital is untouchable, should be viewed as an administrative clause and not part of the charitable objects. The charitable purposes of the trust ...

‘Baby boomers under 75 set to inherit $750 B in next decade’- CIBC

Thursday, June 9th, 2016

Sounds exciting doesn’t it? Many readers who are under age 75 may already be thinking about ways to spend this money.  Money that they have yet to receive. The CIBC study reported that there are about 2.5 million Canadians over the age of  75 with a total net worth of ...