Leaving a Legacy

Events such as marriage, home ownership, the birth of children or grandchildren, changes in profession, separation or divorce, health issues or pending retirement stand out as some of the top instances where perspectives, objectives or wishes may shift.  Learn about the primary concerns many Canadians encounter when planning for their estate.

Charitable giving can have a real and lasting impact on your community. Legacy gifts allow you to continue to support an important cause, and may provide you with substantial tax and estate planning benefits. Click here to learn more about legacy gift giving options for consideration.

To encourage charitable giving, the government provides you with a tax credit when you make a donation to a registered charity. This donation tax credit can be used to reduce your taxes payable. Click here to learn how gifting shares instead of cash can enhance your tax benefit.

Estate planning is crucial to ensure you can retain as much as possible of your assets, and leave a lasting legacy for your chosen beneficiaries. You may name your spouse or child(ren) as your beneficiary, but can also name a third party or charity. Click here to explore these options, and their tax implications at death.

Over three-quarters of Canadians make some form of charitable donation over the course of a year. Giving tends to be sporadic in nature, and isn't incorporated into an overall wealth or estate plan. Learn how doing so can streamline your intentions, offer tax benefits, and create an enduring legacy. 

A major concern when planning for a beneficiary with a disability is the financial well-being of that individual, among the many other considerations that must be taken into account. Click here to learn about estate planning strategies designed specifically for beneficiaries with disabilities.