TVO invited me to join their newly-formed Planned Giving Advisory Committee.
Proud and honoured to announce that TVO, Ontario’s own beloved public television and learning organization invited me to join their newly-formed Planned Giving Advisory Committee.
I grew up watching TVO, and my late mother never missed Saturday Night at The Movies, back in pre-Netflix times.
Does anyone remember Elwy Yost?
What Do You Own? Audit Thyself
What Do You Own? Audit Thyself
That’s the title of my latest and 96th article published in The TaxLetter® since 2011
It explains the importance of getting organized now, and contains several recommendations to consider as we await vaccinations and returning to ‘normal’
Saul Korman, of blessed memory, was an AMAZING man
Back in 2005, when I was about to launch www.illnessPROTECTION.com, I sought some sage advice from Saul Korman, of blessed memory, who sadly passed away last week at the age of 86.
He was a legendary fashion retailer, an undisputed radio advertising icon, and goodwill ambassador for St. Maarten.
I actually cold-called Saul to get his opinion on whether to use radio advertising in a way that hadn’t been done before – to sell Critical Illness Insurance and Life Insurance.
What have we learned from the pandemic and how can we plan for the future?
Over the past year, the pandemic has allowed us to reflect on many things, particularly our family, having gratitude, and perhaps, how we’ll enjoy life when things return to “normal”. It has also made us aware that dire things can and do happen.
With the rollout of new vaccines, we are beginning to see some light at the end of the tunnel. However, the pandemic has also crystallized why it’s vital to protect our financial future, plan ahead and preserve our wealth.
When advising clients, we recommend the No-Limit Personal TFSA as a key investment strategy. Also known as Permanent Life Insurance, it allows you to enjoy the same tax-exempt attributes of a TFSA with no upper limit. In contrast to other investments (stocks, bonds, GICs, real estate, precious metals and cryptocurrencies) the No-Limit TFSA is tax-exempt. Essentially, this worry-free investment can be accessed tax-free, it can be passed along to family and charities tax-free, plus grow at an equivalent taxable rate of return of more than 10% annually. It’s exceptionally worthwhile for individuals with substantial investment portfolios and unrealized capital gains.
Our Corporate Partnership with SickKids
Delighted to announce WEALTHinsurance.com’s corporate partnership with SickKids
The Hospital for Sick Children in Toronto is a 70-year-old national treasure.
I’ve lost track of the number of times our family, friends and clients have turned to SickKids for help.
Would you like to save taxes AND create a lot of philanthropy?
Have you, or someone you know, done an estate freeze?
Would you like to save taxes AND create a lot of philanthropy?
If you answered “yes” to any of the above, my latest article published by Investor’s Digest of Canada is a must-read.
“A Private Company Share Donation Strategy" explains that in addition to the obvious ‘feel good’ aspects of any donation, donors of private company shares achieve several desirable outcomes: reduce estate taxes, create a substantial charitable legacy and get money out of the company on a tax-free basis.
2021 Resolutions - Must Do's
Results Are In - We reached a total of $61 million for 2020!!
We set our ambitious corporate goal of creating $100 million of new charitable gifts annually working with clients, charities, foundations and allied professional accountants, lawyers, bankers, investment and insurance advisors.
The results are in. We reached a total of $61 million for 2020!!
Very proud of our team considering a Covid year.
"Is Strategic Charitable Giving Part Of Your Estate Plan?â€
"Is Strategic Charitable Giving Part Of Your Estate Plan?”
That’s the title of my upcoming Zoom webinar at 4pm on January 27th
I will explain several great planning strategies to preserve wealth while supporting favourite causes - often by converting taxes to charitable gifts
WEALTHinsurance.com is now a proud sponsoring partner of The Upside Foundation of Canada.
We are thrilled to announce that WEALTHinsurance.com is now a proud sponsoring partner of The Upside Foundation of Canada.
It’s an amazing organization that enables founders of early-stage, high-growth Canadian companies to live their values by pledging equity to charity, and join a community of like-minded entrepreneurs.
Over 300 companies have pledged with The Upside Foundation to build social responsibility into their brand & culture, including Wealthsimple, Borrowell, Hopper, Wattpad, and Hubba.
Upcoming GTA Accountants Network event on Jan 19th
Happy New Year!
Hope everyone had a wonderful holiday and wishing us all the best for 2021.
I’m looking forward to my upcoming presentation at the GTA Accountants Network event on Jan 19th to share great philanthropic strategies in my talk “Strategic Philanthropy - Helping Clients Maximize Giving and Minimize Taxes”.
Interview on CTV Morning Live Ottawa
Record Charitable Fundraising
Last Wednesday night Jewish Foundation of Greater Toronto held its Annual Volunteer Appreciation “L’Chaim” Event, zoom-style, to celebrate the amazing achievements of our community volunteers who helped grow Foundation assets to more than $668 million, including $179 million in planned gifts.
We also marked a historic milestone for @UJA Federation - surpassing the $80 million mark in Annual Campaign fundraising before the end of the calendar year, an unprecedented achievement.
Despite the COVID turmoil it’s been an historic year for our community and so many people have stepped up.
Happy Anniversary, to me!
I’ve entered my 30th year of professional practice.
Where has all that the time gone, and where is all my dark hair?
Working with busy and successful business owners, entrepreneurs, incorporated professionals and affluent families I have learned that everyone knows what Life Insurance “is”, but most people don’t know what it “does.”
Happy to report another new $1 million charitable gift of Life Insurance
Happy to report another new $1 million charitable gift of Life Insurance.
Michael Flux of Connor Clark & Lunn Private Capital is a dear friend, MFA-P, and fellow founding member of the Professional Advisor Council at SickKids Foundation.
He contacted me recently about a client with a $1 million life insurance policy that was no longer needed. The client was interested in further funding his family’s charitable foundation, so his children could continue the family legacy in perpetuity.