SUCCESS TO SIGNIFICANCE

ADVISORY MONEY STRATEGIES INC.

SISI CHAKRABARTI, Managing Partner | Advisory Money Strategies Inc.

Most people are naturally inclined to give, often prompted at checkout counters while shopping to donate $2… the answer is always a resounding YES! It’s an easy, feel-good decision. STOP! Instead of making spontaneous donations at grocery stores or through cash elsewhere, why not “PLAN” your generosity to maximize its impact and amplify your giving ?

Here’s why Planned Giving is a gamechanger:

• Did you know that with planned giving, everyone wins? You, the charity, and even your family can benefit!

• Canadians donate over $14 billion annually to various charities, with around 85,000 registered charities in the country.

• Did you also know that donating cash is one of the least efficient ways to give?

Why Donate?

Canadians are incredibly generous, and each person has their own reasons for giving. However, we’ve identified a few key motivations for charitable giving:

1. To make a positive impact on society and give back.

2. To build a lasting legacy or remain anonymous.

3. To set a social example and build social capital.

4. Because it’s good for business.

5. For the distinct tax advantages.

Types of Donations

You can donate in a variety of ways, such as: Cash

• Public & Private Securities Flow-Through Shares

• Stock Options

• RRSPs/RRIFs

• Life Insurance

• Annuities

• Charitable Remainder Trusts

• Gifts & Bequests in a Will Cultural Property, Personal Use Property, Listed Personal Property, Environmental Property, Real Estate, and more.

How We Can Help

We start with an introductory meeting to understand your goals and current financial situation. In most cases, we collaborate with your existing advisors—like your CPA, lawyer, banker, investment, and insurance professionals—to create a tailored strategy that helps you transition from financial success to lasting significance. Here’s where we work best:

• Intergenerational Wealth Transfer: Whether you’re planning to pass wealth to family or transition a business, planned giving offers a significant advantage for keeping wealth in the family in a taxefficient manner.

• Investment Real Estate or Private Business Owners: People may not realize the extent of ‘pregnant’ capital gains and taxes they will be obligated to pay. We can show strategies by which they can pay those taxes for pennies on the dollar or in some cases on cash flow neutral basis.

• Millennials & Gen Z: If you’re passionate about making an impact, we can show you generosity strategies that build and sustain a meaningful legacy.

• High-Income Earners: For those paying substantial taxes, we can guide you on how to direct those funds to charity or family, potentially recouping taxes.

• Singles, Widows, or Divorcees: Most people are unaware that they are an incident away from an often ignored tax liability without the benefit of a tax-free rollover. We can show you how to preserve wealth for your family or charity.

• Liquidity Events: If you’ve recently sold a business or investment property, we can help convert taxes owed into charitable donations and use life insurance to restore the funds back to your family.

• Estate Freezes: If you’re transferring assets to the next generation, we can help you donate private company shares to charity, converting taxes into a lasting legacy.

• International Donations: If you want to give to causes overseas, we can guide you on how to do so strategically and tax-efficiently through registered charitable platforms.

For Institutional Clients

We offer streamlined investment management solutions for endowments, foundations, non-pension employee/ member reserves, trust funds, and corporate assets.

At Advisory Money Strategies Inc., a boutique estate and financial planning firm, we make charitable giving and institutional investments simple. We partner with top-tier firms who are leaders in their space to ensure our clients receive the best advice. We also collaborate with local and national Foundations, Chambers of Commerce, and Boards of Trade. Our advisors are certified Master Financial Advisors in Philanthropy (MFA-P), offering expert strategies and advice.

Remember, “Money Talks, but Wealth Whispers.” To learn more or schedule a gratis private consult, reach out to us at admin@amstrategies.ca or visit www. amstrategies.ca. 