Archive for the ‘Philanthropy/Charitable Giving’ Category

Are 36 Months Enough?

Friday, January 23rd, 2015

With the passage of the new estate donation rules by Parliament on December 16, 2014, the anxiety level in the estate planning community started to rise. The issue generating concern is the 36-month time period after death to distribute "estate donations" to charity, which is also known as the ...

Tax Deadlines & Charities

Friday, December 12th, 2014

The 10-week period prior to December 31 is the busiest time of the year for charitable giving, as there is nothing like a tax deadline to sharpen the mind. In my world, this includes creating short-term donor advised funds in Aqueduct Foundation to receive immediate gifts and grant 100% ...

Gifts of RRSPs/RRIFs by Direct Designation

Monday, October 6th, 2014

Directly designating a charity as the beneficiary of a registered retirement savings plan (RRSP) or registered retirement income fund (RRIF) has a number of advantages, but also a risk. A direct designation gift is arranged by naming one or more charities on the RRSP/RRIF plan documents. After ...