Gifts from RRIFs in Life

Tuesday, September 2nd, 2014

I get a steady flow of inquiries about donating funds from registered retirement income funds or RRIFs. The value of RRIFs has grown through careful saving and market gains, and occasionally these funds represent surplus wealth. Some RRIF holders resent the requirement to take steadily increasing annual withdrawals ...

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 - ...

Why giving to charity is on the rise

Friday, May 2nd, 2014

A recent article on the Business Insider, citing Huffington Post President and Editor-in-Chief Ariana Huffington’s book Thrive opines that well-being and happiness are the true keys to success. According to Huffington a key element of well-being is giving.  A Harvard Business School study found “donating to charity has a similar ...