Reflecting on what has taken place over 2021 can allow us to better prepare for a more successful 2022. The definition of success will differ to each individual. For myself, I have greatly welcomed a return to a more ‘normal’ work life; namely being back at the office with my colleagues. Reflecting on this has allowed me to appreciate working with others and its importance to my success as an advisor. I rarely work with a client in isolation; rather, I am typically coordinating and working with my clients’ other advisors to ensure that their goals and objectives are clearly defined and met.
This coordination is not only important to a good tax and estate plan but will also play a critical role in a client’s charitable giving strategy. Several people with a range of skills and expertise are often required in order to implement an efficient charitable giving strategy: the donors (of course), charity, accountant, insurance advisor, wealth manager and lawyer can all play a different but important role. You will see this common theme of collaboration throughout the articles in this edition of Giving Advice. We hope that these articles will inform and educate.
Have a wonderful holiday season and happy new year!
Jonah Mayles, LLB, TEP
Partner, Tax & Estate Planning, Sterling Park Financial Group
The Jewish Foundation and UJA Federation of Greater Toronto are excited to partner with the Jewish Future Pledge, an unprecedented global initiative which was inspired, in-part, by Bill Gates' and Warren Buffett's "Giving Pledge.” The pledge is a commitment to gift, upon passing, at least half of funds earmarked for charity to Jewish causes and/or Israel. As money transfers to the next generation, the goal is to ensure global Jewish continuity, with an aim of securing more than $600 billion over the next 25 years.
To learn more: Please visit the Jewish Future Pledge site or call Janice Benatar at 416-318-9601, and to learn more about how the Jewish Foundation can assist you or your clients with philanthropic giving, call us at 416-631-5703 or email email@example.com.
ARCHIVE: To read previous Giving Advice newsletters, please click here.