Turning 2021 taxes into charitable gifts for 2022
I love when my mentees do great things.
Thie Convery, a 30+ year advisor with Investment Planning Counsel in Dundas Ontario makes me proud.
For the past 1 ½ years, along with more than 50 other advisors, she’s been a member of the Platinum Group mentoring/coaching program I conduct with Jim Ruta.
Some of the advisors are early in their career and don’t want to wait 30 years to become successful, others are already successful and know they could do even better.
They all recognize that knowledge is their business game changer and appreciate my sharing 30 years of experience and best practices.
Thie’s vast charity work includes marathon swims across the Great Lakes to raise funds for the End Polio Now campaign.
She also embraced our corporate goal to help create $1 Billion of new charity, working with clients, non-profits, charitable foundations and collaborating with like-minded professionals.
Wishing everyone a wonderful Holiday Season and HEALTHY and HAPPY 2022!
Thinking of the Perfect Holiday Gift??
Tax Minimization and Philanthropy. A match made in heaven!
Will Power
A very honest “Aha” moment
Now Available: Clients can now get up to $270 million of individual coverage
Just in…some timely news for UHNW clients from Canada’s largest life insurance company.
Manulife Financial announced an increase to $270 million of expanded underwriting capacity.
Clients can now get up to $270 million of individual coverage.
This news makes it easier to place large cases AND provide top-up coverage on existing policies, including policies issued from other insurance companies.
With so much economic growth over the past 20 years, especially in the real estate and private equity markets, it’s especially important to review one’s tax and estate planning and learn how life insurance can be used to preserve family wealth, cost and tax-effectively.
There’s a common misconception that as wealth increases, the need for life insurance decreases.
And the wealthy often believe they can self-insure. Which they likely can, but they may lack liquidity.
Brilliant Philanthropy @ Burlington Community Foundation
New issue of CharityMATTERS, our Philanthropy newsletter
The latest (8th) issue of CharityMATTERS, our Philanthropy newsletter, was just posted at here.
To get future newsletters directly and hot off the press, consider subscribing here
If you are involved with Charities or Foundations in need of help, please contact us for a copy of our report “Legacy Planned Giving Process: 15 Steps to Success”
We love sharing best practices and valuable insights to help raise much-needed money for Charities and Foundations.
Did you know that donating cash, cheques and credit cards is likely the least cost-efficient way to be generous?
Happy to send you our One Pager called “More Than 20 Better Ways than Cash, Cheques or Credit Cards To Be Generous.”
National Webinar Event - Canadian Hadassah-WIZO (CHW)
If you are old enough and grew up in the GTA, you probably remember the Hadassah Bazaar.
It was organized by Canadian Hadassah-WIZO (CHW), a women's volunteer organization (my late mother, of blessed memory, was a member) which raises money to fund health, social welfare and education programs in Canada and Israel.
Long before dollar stores and the internet, the Bazaar was a legendary annual fundraiser that people looked forward to attending.
It was a real happening - a genuine BIG flea market - attended by thousands.
It ran for 84 years until 2008, often at the CNE grounds.
I was delighted when Lisa Colt-Kotler invited me to speak at the national webinar event on October 18th where I explained several giving strategies available to generous people who like the idea of creating a legacy and paying less tax.
FREE VACATIONS FOR NEEDY FAMILIES
FREE VACATIONS FOR NEEDY FAMILIES
That was the concept pitched to me by my dear friend and client David Fine.
“What a terrible idea! Who is going to fund that?” scoffed the naysayers.
I LOVED the concept and I’m so proud to have been personally involved, working with David, to create and raise funding for this wonderful initiative.
Helping charities and those in need is our personal and professional responsibility. Until now though, I‘ve never had the opportunity to help get a grassroots initiative like this off the ground.
As you’ll read in this article, we were blessed by a timely sequence of very fortunate events.
Happy Thanksgiving!
My Amazing Mentor
Exercising Accidental Philanthropy™