3 Potential Scams to Avoid When Making Online Charitable Donations

You’ve generously decided to make a charitable donation, but then remembered stories of those who have been scammed by fake charities. How do you avoid these scams that try to take advantage of your compassion for those in need? This article describes three potential online charity scams you should watch out for to save you from becoming the next victim!

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Looking to Build an Enduring Philanthropic Legacy but Not Sure Where to Start?

What if there is a way to build enduring wealth to give to the cause or causes closest to your heart?

Many high-net-worth individuals and families are interested in charitable donations that can be maintained in perpetuity or for an extended period of time. The good news is that this is attainable.

Watch Adina Bloom Somer, Bloom Investment Counsel, Inc.’s VP & Director, Portfolio Manager explain how income from an income-producing investment portfolio composed of shares of dividend-paying companies can help you achieve this, and 3 tips for selecting a charity in Canada.

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CPP Philanthropy™ Strategy

Watch Kevin Willis of Bloom Investment Counsel Inc. join Mark Halpern of WEALTHinsurance.com for a discussion of the CPP Philanthropy™ strategy.

“If you can convert taxes into charity, how great would that be?” For most wealthy clients, they may not need their monthly Canada Pension Plan (CPP) benefits to pay their bills. That money only gets taxed, re-invested and then taxed again. CPP Philanthropy™ is a strategy to be more charitable, maximize your giving and minimize your taxes. Learn four ways to utilize your CPP benefits for philanthropy.

Mark Halpern, Certified Financial Planner (CFP), Trust and Estate Practitioner (TEP), Master Financial Advisor – Philanthropy (MFA-P) has helped business owners, entrepreneurs, professionals, and affluent families for 30 years. As CEO of WEALTHinsurance.com, Mark and his team specialize in tax-advantaged insurance solutions to protect families, create charitable legacies, and preserve estates.

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How to Select a Charity and Build an Enduring Philanthropic Legacy?

Leaving a philanthropic legacy is a great way to ensure that your name (or your family’s name) lives on and to make a positive impact on a cause or a community for generations. But how do you choose which charity to support in Canada?

Here are 3 important tips for making that decision, along with a way to generate the desired income for donation purposes, which we hope will help guide you towards making a meaningful decision.

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