Charitable giving – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Fri, 30 Jun 2023 15:42:23 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png Charitable giving – Advisor's Edge https://phoenix.advisor.ca 32 32 Corporate-owned life insurance as a charitable gift https://phoenix.advisor.ca/insurance/life/corporate-owned-life-insurance-as-a-charitable-gift/ Fri, 02 Jun 2023 14:00:53 +0000 https://www.advisor.ca/?p=226067 Avoid bloopers when designating a charity as policy beneficiary

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]]> New insurance product for charitable donations could minimize philanthropy risk https://phoenix.advisor.ca/insurance/life/new-insurance-product-for-charitable-donations-meant-to-minimize-trafficking-risk/ Thu, 30 Mar 2023 21:10:29 +0000 https://www.advisor.ca/?p=223712 Canada Life product addresses insurance-trafficking concerns that have previously dogged donations of life insurance

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]]> Help clients claim tax credits for charitable donations https://phoenix.advisor.ca/tax/tax-strategies/help-clients-claim-tax-credits-for-charitable-donations/ Wed, 14 Sep 2022 19:58:30 +0000 https://www.advisor.ca/?p=213752 A sample scenario illustrates the savings

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]]> Feds raise charities’ disbursement quota to 5% https://phoenix.advisor.ca/tax/tax-news/feds-raise-charities-disbursement-quota-to-5/ Fri, 08 Apr 2022 17:03:39 +0000 https://www.advisor.ca/?p=208046 Proposed change in Budget 2022 would "increase expenditures by charities overall," government said

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]]> Help your client with tax-efficient charitable giving https://phoenix.advisor.ca/tax/tax-strategies/help-your-client-with-tax-efficient-charitable-giving/ Tue, 23 Nov 2021 21:18:00 +0000 https://www.advisor.ca/?p=203117 Use these tips to make the most of a donation tax credit

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]]> Feds launch consultations on increasing charities’ disbursement quotas https://phoenix.advisor.ca/tax/tax-news/feds-launch-consultations-on-increasing-charities-disbursement-quotas/ Mon, 09 Aug 2021 16:11:50 +0000 https://www.advisor.ca/?p=198351 Finance is seeking comments about raising the rate and giving the CRA better enforcement tools

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]]> Finance committee recommends capital gains exemption for private share donations https://phoenix.advisor.ca/tax/tax-news/finance-committee-recommends-capital-gains-exemption-for-private-share-donations/ Thu, 18 Feb 2021 20:58:13 +0000 https://www.advisor.ca/?p=191589 The pre-budget report also recommends reforming the registered disability savings plan

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]]> More than a quarter of charities received no donations last year, RBC says https://phoenix.advisor.ca/news/industry-news/more-than-a-quarter-of-charities-received-no-donations-last-year-rbc-says/ Tue, 26 Jan 2021 19:15:10 +0000 https://www.advisor.ca/?p=190607 Donations were down by $60 million as traditional fundraising was disrupted by public health restrictions

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]]> StatsCan finds high-income earners donate the most to charity https://phoenix.advisor.ca/news/industry-news/statscan-finds-high-income-earners-donate-the-most-to-charity/ Fri, 14 Feb 2020 15:38:29 +0000 https://www.advisor.ca/?p=176215 The agency reports that seniors accounted for 31% of charitable donors in 2018

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]]> Tips for donating property https://phoenix.advisor.ca/my-practice/conversations/tips-for-donating-property/ Tue, 17 Dec 2019 13:00:59 +0000 https://www.advisor.ca/?p=173958 The tax benefits to your client can outweigh donating cash

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