FORMAT: Written course notes in PDF format (read them online or print them). You must complete an online Course Quiz to obtain CE credits.

 

COURSE DESCRIPTION: 

Many Canadians make donations on an ad hoc basis, often when solicited by a friend or family member, without giving much thought about how to maximize the benefits to the charity or themselves. However, taking a more strategic approach to charitable giving can result in significant financial benefits for both the donor and the charity.  This is particularly true for your high-income or high-net-worth clients.

By completing this course, you will gain a thorough understanding of:

• the charitable giving landscape in Canada
• the tax rules related to the charitable donation tax credit
• charitable giving strategies, including:
  • donating cash
  • donating personal-use property
  • making a charitable bequest through a will
  • using a charitable remainder trust
  • using an alter ego or joint partner trust
  • gifting a residual interest in capital property
  • donating registered retirement funds during life
  • naming a charity as beneficiary of registered retirement funds
  • gifting a life insurance policy during life
  • designating a charity as beneficiary of life insurance policy proceeds
  • setting up a private charitable foundation
  • contributing to a donor-advised fund
  • establishing or contributing to an endowment fund
  • purchasing a charitable gift annuity, and
  • donating through a business
• resources to help you choose a charity
• a warning about charitable gifting arrangements

NOTE: You have 6 months from time of purchase to complete this course.

PUBLISHED: June 2023

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