Archive for the ‘Philanthropy/Charitable Giving’ Category

New Estate Donation Rules

Thursday, March 27th, 2014

In my previous All About Estates blog, I wrote about the big change to the tax treatment of “estate donations” to registered charities announced in the 2014 Federal Budget. Effective in 2016, a gift by will or other estate donation (direct designation of life insurance or registered funds) ...

Estate Donations: Comment on 2014 Budget Provision

Monday, March 3rd, 2014

Sometimes there are pleasant surprises in Federal Budgets. The 2014 version, which was delivered on February 11, contained a subtle but profound change to the tax treatment of estate donations. This change apply to gifts by will (bequests), direct designation gifts of RRSPs, RRIFs, and TFSAs; ...

Get the Will done!

Monday, January 27th, 2014

Years ago I worked at a charitable foundation of a large cancer hospital. One day I was visited by an older patient who wanted to donate shares owned by his late wife. He was her executor and sole beneficiary, and two years after her death he had not ...