Passive income, that which comes in whilst you are not doing anything, can be a great way to help you generate additional cash flow for philanthropic purposes. What if you can have money flowing in continuously to be used for philanthropic causes, while keeping your initial invested capital in the stock market for capital preservation and potential capital appreciation? Read this article to learn how this can be attained through a dividend-paying portfolio, Bloom Investment Counsel Inc.’s specialty.

Over the past decade or so Canada has been one of the top ten most charitable countries. Making charitable donations has become a regular aspect of life for many high-net-worth individuals and families. But what is planned giving and how is it different from making regular charitable donations?

There are many different reasons you may want to make a cash gift. If you are considering gifting a significant sum of money, for instance to your spouse or your children, what are the tax implications of making such a cash gift in Canada? This article will help answer your questions.

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!

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.