Archive for the ‘Philanthropy/Charitable Giving’ Category

A different kind of trust, a different set of rules

Monday, July 28th, 2014

In 21 x 3, I wrote about three, sometimes tricky, trust rules:  the 21-year deemed dispositon rule; the rule against accumulations; and, the rule against perpetuities.  Following the post, I realized I had not been specific enough when a reader - esteemed charitable foundation advisor and former colleague, David Windeyer - ...

The Sting of a Lost Inheritance

Thursday, July 10th, 2014

The rock star Sting recently announced that his six children will not receive his US$300 million estate. Although he was a bit vague about the ultimate destination he intimated it would be charity. We’ve seen versions of this story before. In the tradition of Warren Buffett ...

1 in 5 Canadians Leaving Part of their Estate to Charity

Friday, May 9th, 2014

A recent Scotiabank poll found that that 22% or one in five Canadians with a written will plan to leave some of their estate to charity. The primary reason is desire to give back to society (60%) followed by not having dependents and wanting money to go to a ...