Creating a Legacy

The desire to leave a legacy or to pass on to those in need requires thought and planning to accompany the sentiment of giving to a good cause. If you envision philanthropy as part of your estate planning, Dalrymple Wealth Counsel can help you to develop your planned giving strategy, one that can make an impact while extending your legacy and generosity well into the future.

Federal and provincial governments recognize the value of our charitable donations and provide tax benefits for those who give. The tax considerations to you personally and to your estate can make charitable giving an important part of your wealth transfer strategy. There are now an increasing number of ways to make charitable contributions other than writing out a cheque. And each will have a different impact on your current tax situation or on the amount of taxes payable by your estate. They can include:

  • Bequests
  • Charitable Foundations
  • Donating Securities
  • Beneficiary Designations
    • Life Insurance, RRSPs and RRIFs
  • Charitable Remainder Trust (CRT)
  • Charitable Gift Annuity