Gift of Life Insurance

Thanksgiving is often the time of year when we consider the abundance we have and reflect on the needs of others. Some of us extend our generosity as part of our Thanksgiving traditions; researching opportunities to give and then writing a cheque, participating in a food collection drive, or spending some time volunteering. As wonderful as giving back like this can be, we are sometimes…

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I love my job. In my time at Abundance Canada, I’ve had a front row seat to Canadians’ charitable giving for over twenty years. It is a joy to work with people who generously donate their time and money to make the world a better place. The good accomplished through Canada’s 170,000 charitable and not-for-profit…

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In Part One, I introduced you to Keith and Edward, who contacted me to help them donate $100K of private company shares. Although complex rules apply, with proper planning and professional advice, this gift planning strategy can be a tax efficient way to support charity.   How to Donate Private Company Shares  The process of donating private company shares to Abundance Canada varies, however…

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Edward & Keith always knew they wanted to work together. After earning their CPA designations, the brothers took the plunge and went into business together. They incorporated their accounting business, which qualified as a Canadian Controlled Private Corporation (CCPC). In time, the business became quite successful and the brothers were happy to give back to…

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Instead of spending fun times at our favourite amusement parks over the past few months, many of us have been riding a different kind of a rollercoaster. Along with businesses and charities, investors white-knuckled it through volatile market ups and downs this spring and early summer as the world figured out the impact of the COVID-19 crisis.    Thankfully, markets today have largely recovered, and most stocks and mutual funds have…

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Fred Smith* is a big-hearted man, and has always donated a percentage of his annual income to charity. When the homeless shelter in his city launched a fundraising campaign to construct a new building, he decided to give them an extra $10,000 above his annual support. Fred was excitedly telling a friend about the project over lunch one day when his friend told him that…

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Even though it’s been a few years since my kids were in school, our household still settles back into new routines this time of year. My wife and I sit down in September and fill out the calendar with our various commitments.  While this activity has the potential to feel overwhelming, I’ve found that taking…

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In 2007, I embarked on one of the biggest adventures of my life. I moved to Ontario from my home in the UK. Like most immigrants, I was seeking new opportunities and a better quality of life. I never imagined that becoming Canadian would teach me to adopt a lifestyle fully grounded in generosity.  Before…

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Elliotts

Growing up in Enniskillen, Ireland, Albert Elliott learned to practice generosity from a young age. His parents faithfully supported their local church, including encouraging their son to place his own bit of money into the collection plate every Sunday. He was also deeply influenced by an aunt who gave generously to help others. “She used to…

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“I still remember opening the door to that first house and seeing everything was laid out with all the amenities. We felt that warmth. We felt that love,” Vinh Huynh says, recalling the day his family first arrived in Birtle, Manitoba. It was 1979, and this homecoming marked the end of a harrowing journey from…

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