Scaling new heightS Ideation - Integration - Innovationleavealegacyvancouver.com/wp-content/uploads/2015/... · Scaling new heightS Ideation - Integration - Innovation Leave a Legacy

Scaling new heightSIdeation - Integration - Innovation

november 2015

Donating Life Insurance – and Effective and Impactful Way to Give

How to Preserve a Special Piece of Land for the Future

Legacy Strategy for Everyday People

Advancements in Cancer Research Buoyed by Legacy Gifts

InsIde

Your guide to legac ies and es tate P lann ing

To view this publication online go to www. leavealegacyvancouver.com

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Leave a Legacy tm November 2015 3

With my years of experience in the financial services industry, I have come to recognize the importance and financial benefits of leaving a gift to charity. I have also learned that the motivation and passion to do something charitable often comes from reasons other than tax benefits.

People want to enrich their lives and to make a difference in their community. This leads people to often support a cause or organization that they care about, to leave a legacy that reflects their values, and to hopefully inspire the next generation, to also leave a simple expression of their gratitude. That is why I think it is so valuable to incorporate philanthropy into the conversation when as an advisor we help people build their financial and estate plans.

I think the best way to describe a Charitable Legacy is to say that it’s your life story as told through a well-planned estate.

LEAVE A LEGACYTM is a public awareness initiative of the Canadian Association of Gift Planners (CAGP) that takes place in local communities across Canada. This initiative helps to promote the importance and benefits of leaving a bequest in your will or other planned giving strategy to support the charity or cause that means the most to you. The LEAVE A LEGACYTM initiative provides information on how easy it is for you to support charities through estate planning while still ensuring your loved ones will be cared for through your will.

From the LEAVE A LEGACYTM initiative people can also learn that their bequest to charity will be felt long after their death and that it will have an enormous impact on the future vibrancy of our communities.

In this publication you will find articles that motivate you, inspire you and help guide you in creating your own Legacy Plan that will be woven into the lives and causes of those you most care about.

It is with great pleasure that the Greater Vancouver Area Chapter of the Canadian Association of Gift Planners (CAGP) share with you this 16th Annual LEAVE A LEGACY™ feature publication.

Who is the CAGP? We are the only organization in Canada that brings together charitable representatives and advisors in one professional association. Our goal is to inspire and educate the people involved in strategic charitable gift planning. In turn, the goal of our members is to assist individuals and families with strategic gift planning that takes values, finances and philanthropic goals into account to create a better world. This work is only made possible through the generosity and insightfulness of our clients and supporters.

In these pages you will learn of powerful stories of grandfathers, mothers, stewards of the land, farmers, and business people, to name a few, who took the time and care to provide legacies to the causes closest to their hearts and in honour of people that have made an impact on their lives. You will read how they have learned from role models such as family members and advisors and in turn are now inspiring their loved ones.

This publication showcases exceptional philanthropic, legal and financial advisors who bring a rich and diverse range of experience. They are here to guide you with knowledge and skill to realize your philanthropy dreams, ones which honours your values and heritage and can be an enriching and pleasurable experience for you and your family. We invite you to contact these exceptional professionals and causes and have a conversation.

We welcome your feedback regarding this publication and invite you to consider your legacy for your loved ones, your community and for a better world.

message from Chair LeAve A LeGACY Tm Greater vancouver

Julia RoudakovaChair, LeAve A LeGACY Greater vancouver Lead strategist for Legacy Giving at Fs Financial strategies

“We make a living by what we get, but we make

a life by what we give”–Winston Churchill

Become a [email protected]

Message from the Co-Chairs, CAGP Greater Vancouver Area Chapter

Jocelyn Anderson Philanthropy Officer Ecojustice Canada Society

Paola Coronado HassPlanned Giving Development Officer BC Cancer Foundation


4 November 2015 Leave a Legacy tm

You can always bethere for them.

Give a second chance at a happy life... there is no better gift you can give an animal in need. Make a donation of stock or include a gift in your will to set tails wagging!

Visit us today at spca.bc.ca or contact:

Yolanda [email protected]

Leave a Legacy - 4.75” x 6.125” BW

Imagine a place that provides summer camps experiences for children and young adults with over fifty different chronic, life-threatening medical conditions.

A place which recognizes and appreciates what makes children unique and has the ability to adapt its programs to ensure everyone regardless of disability can go horseback riding, kayaking, play music and enjoy campfires with new friends.

At Zajac Ranch that’s what we do and one way you can help is to consider us with a gift in your will.

Contact [email protected]

Did you know you can help a cause you care about by donating your life insurance policy to charity? This is a great way to give generously without diminishing your savings, hurting your day-to-day finances, or depleting your estate. Just ask independent financial advisor Debra Vincent.

The Victoria-based dynamo is a mother, grandmother, wife and business owner. She is also a long-time donor and volunteer for BC Children’s Hospital Foundation.

Her generosity springs from the heart. Debra and her husband Doug owe the life of their son Doug Jr. to the care he

received at BC Children’s Hospital in 1982. “BC Children’s Hospital gave us our son, and for that we are eternally grateful,” she says.

As a financial advisor, Debra knows how to use money efficiently. This includes the donations she makes to her favourite causes. In 2009, during an annual review of her family’s finances, Debra realized that the life insurance policy she had purchased years ago would make a wonderful gift to BC Children’s Hospital Foundation. She decided to split the future payout between the foundation and her son.

When Debra discussed her idea with Doug Jr., he suggested that she give his portion of the proceeds to BC Children’s Hospital Foundation as well.

“It made us extremely

proud,” she says. “We’ve always tried to teach our son that giving back to those who helped you along the way is the right thing to do. This family commitment to giving back will now be passed along to our beautiful grandchildren.”

Debra doesn’t regret that she won’t be around to see the result of her legacy gift – one that is larger than anything she could have made in her lifetime. “BC Children’s looks after all of us, no matter where we live in the province,” she says. “It’s there for our children and our grandchildren, should they ever need its services.”

She takes comfort in the knowledge that her gift will be used to save children’s lives in the future, much as the

generosity of an earlier generation helped save Doug Jr.’s life 33 years ago.

Donating your life insurance policy to charity can be an efficient and effective way to give. Remember, it is important to discuss your plans with your family, the charity and your advisor to make sure this type of gift is right for you.

TO LEARn mORE about how to include a gift to

BC Children’s Hospital Foundation in your estate plans, please contact the Gift & Estate Planning team at

604.875.3679 or 1.888.663.3033. You can also email us at

[email protected] or visit bcchf.ca/legacy.

donATInG LIFe InsurAnCe— an efficient and impactful way to give

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Ellen SchappertPhilanthropy Coordinator, Gift & Estate Planning, BC Children’s Hospital Foundation

Debra Vincent’s gift of life insurance will be used to save children’s lives in the future.

W hen my uncle Irwin died at age 63 from a lengthy illness, complicated by multiple mini-strokes, our family

wanted to ensure his legacy would benefit canadians for generations to come.

In conjunction with the Heart and Stroke Foundation, we established the Irwin bernick Summer medical Student Scholarship in his memory. While honouring his life in a meaningful way, we also wanted to remember him in a way that was associated with the illness he fought bravely.

Irwin’s son Paul had received a scholarship from the Heart and Stroke Foundation when he was in medical school. It had an enormous impact on Paul, giving him the opportunity to learn from an experienced heart disease and stroke researcher.

given Paul's experience, a Heart and Stroke Foundation scholarship was the perfect legacy.

there are many ways to leave an inspired legacy and I can’t think of a better way to celebrate a life than to include a gift to the Heart and Stroke Foundation.

by Howard Bernick

An Inspired Legacy



A D ISCIPL INED STRATEGIC PROCESS FOR CHARITABLE GIV ING

We are committed to helping you achieve your financial, charitable, and lifestyle goals through a planning-based approach. A comprehensive charitable planning process has 6 steps:

Step 1: Creating a profileStep 2: Clarifying Charitable Goals and ObjectivesStep 3: Analysis Step 4: Create a Charitable PlanStep 5: Independent ImplementationStep 6: Monitoring & Reporting

Ensure your legacy endures

500-1770 W 7TH AVENUE | www.rogersgroup.com

©2015 Rogers Group Financial Advisors Ltd. | Rogers Group Investment Advisors Ltd., Member Canadian Investor Protection Fund

For more details, please contact us:

Patrick McGuire | 604.732.6551 | [email protected] McGuire | 604.737.6715 | [email protected]

Leave a Legacy.indd 1 9/24/2015 3:16:17 PM

A legacy gift to the BC Wildlife Federation allows you to contribute to a sustainable future through conservation and rehabilitation of BC’s precious fish and wildlife habitats and ecosystems. Help us protect, enhance and promote the wise use of the environment for present and future generations.

Give the Gift of the Future

Contact us today to leave your conservation legacy!Development Coordinator 1-888-881-2293 ext. 223 [email protected] Charity # 11880 1315 RR0001

For more information, contact:Firoz Mahmud,Manager,Legacy Giving,Canadian Red Cross(t): (604)-709-6646(e): [email protected](w): www.redcross.ca/legacy

include the Red Cross in your willand enrich your community

for years to come.

Scan with to learn how to leave a legacy donation & more

about who we are and what we do.

For more information, please contact the Gift & Estate Planning team at

604 875 3679 or [email protected]

Youcancreatealastinglegacy ofloveforall ofBC’schildren.

Be remembered.

IncludeBCChildren’sHospitalFoundation inyourestateplans.

bcchf.ca/legacy

This past year I took the trip of a lifetime to South Africa. I went on a safari, toured vineyards, made it to the southernmost tip of the continent and snuck in a few rounds of golf. In deciding what to do on this holiday, I consulted with several people before leaving. I chatted with friends and family who had been there before. I spoke with a travel agent to learn about the types of tours available. I spoke with my doctor to make sure that all of my immunizations were up to date. I put in time and energy before leaving and it was that disciplined process that set me up for the holiday of my dreams.

More and more when making decisions, big or small, we are taking the time to consult with friends, family and professionals with experience. We are setting out our goals and objectives in an effort to develop a plan that will lead us to a successful outcome. The same is true in developing an Estate Plan. An Estate Plan is the groundwork laid out to clearly define the legacy that you

would like to leave to your family and favorite charities.

The development of an Estate Plan requires consultation from financial planners, lawyers, accountants, charities and your family. In working with all of these individuals, you will end up with a plan, in writing, that spells out the causes you care for, how your family is taken care of and the financial

and tax benefits that implementing the Estate Plan will have. Each of these parts will play a role in ensuring that your goals and dreams are going to be met. Much like my trip, you have the ability to adapt the plan as time goes on. It has several moving parts and pieces and you control how they all fit together; if at any point you feel a change is necessary, a well-developed plan allows those changes to occur.

If you would like to develop your Estate Plan or if it is time for your existing plan to be reviewed, speak with one of your trusted advisors or charities.

The Importance of a PlanPatrick McGuire CFP, CLU, Ch.F.C

Financial Advisor Rogers Group Financial

Pat and Brian mcGuire



Mental illness is costly. Mental health is priceless.

With 14 branches in BC helping in over 100 communities, we make a difference in homes, schools, workplaces and communities—from infants to elders. We need your help to build a healthier province for all.

604-688-3234 www.cmha.bc.ca

You can support people living with mental illness and/or addiction so they can lead healthy and fullfilling lives.

In any given year, 1 in 5 Canadians experiences a mental health or addiction problem.

Your support transforms lives

Michelle Bernardmanager of Philanthropy, United Way of the Lower mainland

David Black has a long history of work in social justice. He is president of the Canadian Office

& Professional Employees Union (COPE) 378 repre-senting about 12,000 union members at public and private sector companies in British Columbia.

David has included a gift in his will to his charity of choice: United Way of the Lower Mainland.

“It gives both my wife and I comfort to know that our presence and influence will continue on after we’ve passed,” said David Black.

Throughout David’s career, he has been involved with non-profits, volunteering time when he was younger and had fewer monetary assets, and donating funds as he got older and more established.

“In my role with COPE 378, it has become very clear to me that the quality of our members’ lives is just as important in the workplace as it is in our communi-ties. In order to help our members improve their lives, it’s important to help them understand the importance of giving back and what better way to do that than through a gift in their Will.” explains David.

“We decided very early on that we wanted to bring up our kids in better communities. And that means supporting services in the community, specifically those supported by United Way.” When our children are a little older we plan to discuss with them our plans.

David wants his children to understand the importance of community involvement and giving back to community. Through his work with various philanthropic organizations over the years, David has learned what a difference a gift in a Will can make.

“I knew what a difference a significant estate gift could make to the charitable organizations I had been involved with. We decided that when we no longer needed our assets, we could really make a big differ-ence by leaving a gift in our Will to the charities we supported.”

David also believes that most property owners in the Lower Mainland, don’t realize what assets they have and what could happen to those assets after you and your family have passed on.

“Of course people want to make sure their families are looked after first. Additionally, I would encourage people to think about even a small gift in their Will to organizations they support. Leaving a gift to a chari-table organization can significantly reduce your taxes.”

David and his wife both recognize how fortunate they are and want to share that with their community.

When it comes time for you to prepare your will, get some advice: talk to a financial planner and a lawyer. Review and update your Will regularly. It is a living document that will change over your lifetime. Your influence can live on after you have gone and what a difference you can make to an organization that shares your values.

How Your Influence Can Live On

David Black and Family


Conserving Land in BC for Future Generations

since 1971

Donate Todaywww.naturetrust.bc.ca

604-924-9771 or 1-866-288-7878

Leave a Legacy Ad Oct 2015.indd 1 2015-10-07 8:52 PM



Is St. Paul’s your hospital?

To learn more about making an estate gift to St. Paul’s, contact:

Karen Brown, LLBManager, Planned Giving604.806.8271 [email protected] Registration No.11925 7939 RR0001 www.helpstpauls.com

Plan today to help St. Paul’s tomorrow

YOU HOLD THE KEY...

...TO INDEPENDENCE

PADS has been placing life changing assistance dogs for over 28 years with people that are physically disabled. Your legacy gift can ensure that PADS’ dogs—and the staff that train them—can continue to focus on what they do best, changing lives.

FOR MORE INFO CONTACT US TODAYwww.pads.ca | 604.527.0556 | [email protected]

Registered Charity #: 89225 2347 RR0001

YOU HOLD THE KEY...

...TO INDEPENDENCE




YOU HOLD THE KEY...

...TO INDEPENDENCE




YOU HOLD THE KEY...

...TO INDEPENDENCE




As one of Canada’s leading national law firms, we offer informed and innovative advice on all aspects of estate planning and charities law, including:

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• Wills and trusts

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For more information, please contact:

Sandra Enticknap [email protected] 604.643.1292

Miller Thomson LLPmillerthomson.com

Added experience. Added clarity. Added value.

delivering tailored advice to fit your unique needs

MT_CAGP Leave A Legacy Supplement Ad_v1.indd 1 9/27/2011 12:22:37 PM

By Lynda Griffiths Supporter of Ecojustice Canada Society

I learned about giving to charities at an early age. It was part of what our family did; I thought everybody did it. The world was a different place back then, before com-puters and mobile devices. Every December my parents, sister and I would sit around the kitchen table to talk about which charities we would give to. Cheques were written and letters mailed. Mom and Dad explained how the charities connected to our family and the wellbeing of others.

Years later, after Dad died, Mom asked my sister and me to join her as she updated her will. We talked with the accountant, a trusted advisor, and a lawyer who ensured Mom’s wishes were carefully considered

before committing her will to paper. My parents had lead a modest life and Mom was able to leave a generous legacy, including a securities portfolio, to my sister and me, other family members and friends, and the causes she cared about.

I'll admit it did take some time before I wrote my own will. But I realized the importance of what my parents had taught me so many years before, and I wanted to be organized and take care of my partner Gail’s future financial needs.

After giving it consider-able thought, I created my own legacy to the people and causes I care about. It wasn’t difficult; I sat down with my lawyer and talked about the ways I could recognize my partner, family, friends and the charities that

matter to me, including Ecojustice Canada Society, Canada’s only national environmental law charity. At an early age, my father taught me about the value of nature. Like him, I spend time whenever I can in the forest, the mountains and on the ocean. I want to ensure that the environment is respected now and in the future. For me, making a will with charities in mind is a way to be responsible and to create change. By sharing this story, I hope to inspire others to give, like my parents inspired me, and to show that it’s not complicated to create a legacy that can help ensure your wishes for the future of our world.

Good Role models Create Lasting Legacies



At the Jewish Community Foundation, we understand that there are certain causes—whether it’s youralma mater or your favourite performing arts, healthcare, or community organization—that make yourheart truly sing. We encourage you to give according to your deepest passions. We can help you plan yourgiving to ensure that the charities you find most uplifting will continue to soar for many years to come.

Let’s plan on it. Isn’t it time we had a conversation?

Plan your giving with this much passion.

Scan with to donate and learn more.

By Calvin Fong, Director, Donor Services, Vancouver Foundation

In this LEAVE A LEGACY supplement, you have heard from donors who, like you, give generously to make a difference in the lives of others. Some of these donors have mentioned that one of the many benefits they receive from giving to charity is a reduction in their taxes. How this works is not always easy to understand. To guide you, here are three common types of gifts and how they may help to reduce taxes.

A gift in A willCurrently, a gift made to a registered charity through a will results in a tax receipt that can offset income taxes in the year the donor passes away or the prior year if there are unused credits left over. Moreover, the tax credits can be applied against 100% of net income as opposed to only 75% during one’s lifetime. However, there are some significant changes coming to these rules.

Beginning in 2016, in addition to the last two years of a donor’s life, the tax credits can also be used to offset taxes owed by the donor’s estate in the year the donation is made or any earlier tax year of the estate. To qualify for the tax credit, the executor must pay the gift to the charity within three years of the donor’s passing. There are other specific requirements as well and your professional advisor can explain how these upcoming changes may affect your own estate plan.

gift of publicly-trAded securitiesIf you have publicly-traded securities that have gone up in value since you purchased them, and you plan on giving to charity, you may want to consider donating the securities instead of writing a cheque. By donating the securities, an additional tax benefit is realized versus giving cash.

If you sold the shares first to donate the cash proceeds, you would have to pay

capital gains tax on 50% of the gain. You would receive a tax receipt for the amount of the cash donated.

However, if you donated the shares directly to the charity, the capital gains tax owed on the donated shares would be eliminated and you still get a tax receipt for the fair market value of the shares. The result is the same gift, but you save on the capital gains tax while still getting a tax receipt.

beneficiAry designAtions of registered plAnsTypically, couples are permitted to designate each other as beneficiaries of their spouse’s registered plans such as Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs) to allow for a tax-free rollover upon death into the surviving spouse’s RRSP or RRIF. Upon the survivor’s death the registered plan is taxable in the survivor’s estate at its highest marginal tax rate.

However, since 2000 it has been possible to designate a charity as the beneficiary of a registered plan upon one’s death. The proceeds of the registered plan would then be paid out to the charity upon death with a tax receipt for the full value of the registered plan issued to your estate. The value of the tax receipt would then be available to be claimed as outlined in “A gift in a will” above, reducing your income taxes owing at death on the registered plan to likely nil.

Calvin Fong is an executive member of the Estate Planning Council of Vancouver,

a member of the Society of Trust and Estate Practitioners (STEP), a director of the Greater

Vancouver Roundtable of the Canadian Association of Gift Planners (CAGP), and past

Chair of LEAVE A LEGACY of Greater Vancouver.

How you CAn GIVe To CHArITy And sAVe TAxes



what can you do when you love

a special piece of land and want to make sure its natural beauty is conserved for the future? In the case of Kenneth Sanderson of Vancouver Island (who is always known as Mr. Sanderson), you decide to give it to The Nature Trust of British Columbia.

Mr. Sanderson emi-grated to Canada from England in 1953 with his wife, Celia, and their two daughters. He was a teacher and after years of working and saving, the family purchased a 63 acre forested landscape in Cobble Hill with Shawnigan Creek

winding through the trees. The portions of Shawnigan Creek that flow though the property contain some of the best fish habitat in the watershed.

In the early 1960’s Mr. Sanderson built a house where he and his wife raised their daugh-ters. They cultivated some of the land, had a few cows, a huge vegetable garden and planted a small orchard of fruit trees. Today 60-70% of the property remains treed representing several rare forested plant com-munities. This property is located in the biogeocli-matic zone of the highest provincial conservation

concern – the Coastal Douglas-fir zone.

Medical problems forced Mr. Sanderson to retire but his wife continued to support him in all his endeavours. From that time forward he would walk around his land almost every day. He particularly enjoyed the forest or “the bush” as he called it. It seemed that he came to know each tree personally.

Walking the land also brought him an awareness of the variety of plants and animals. There are ravens there now, when there used to be crows. Small chipmunks have been replaced by black squirrels. There

were lady slippers for many years, then abruptly they stopped blooming, but in the last couple of years they have reappeared.

At 94, he was still walking the land. When he could no longer get around, he said that “sitting in his easy chair looking out at the fields down to the creek gave him great pleasure”. He watched the birds, came to know the deer individually, and leaned out the window to yell at the black bear in the apple tree.

Mr. Sanderson was worried that his daughters did not want to farm his land. He wanted to be

sure that the trees that he had watched grow would be protected. He also wanted to share the pleasure he got from walking his land so it was a natural step to decide to donate his land to conserve the indigenous forest and creek ecology.

It was a long compli-cated process finding the right organization to donate the land. Mr. Sanderson and his family finally settled on The Nature Trust of BC. At age 96, he is in a nursing home and eager to sign the final papers, so that his land and the precious “bush” will be looked after and enjoyed in perpetuity.

A LeGACy To nATure By Robin Rivers, Communications manager, The nature Trust of BC



MaryAnne ConnorFounder/President nightshift Street ministries

“It's easier to take than to give. It's nobler to give than to take. The thrill of taking lasts a day. The thrill of giving lasts a lifetime.” – Joan F. Marques

Do you give to charities that ask the most without giving much thought to giving to the causes that are important to your community or to those that have impacted you personally?

Do you know where to give? Have you asked yourself what causes you are passionate about? Have you considered the poor, youth and children, women and men struggling with abuse, addictions, mental illness or homelessness in our own backyard?

If we’re honest with ourselves, we all know someone who is

struggling. We bump into them in our business or some of our closest friends are crumbling. the couple next door is grieving or our family members are suffering. Perhaps you’re hurting too.

So how do we help meet all the needs? certainly not by looking the other way and ignoring they exist. they do, and we all have a part to play in helping either through our time or money.

It’s been said, “We live, we pay taxes; and we die.” It’s true but what a gloomy way to look at life. So here’s an alternative to think about: you can plan now to give for the future or pay the taxman.

What if our giving today could extend beyond our lifetime? there are a number of ways that planning your giving now can benefit organizations long after you leave

this world as well as reduce your personal or corporate taxes.

So develop a planned giving strategy with clear objectives. 1. What are your objectives? What charities touch your heart?2. What are your priorities? How badly do you want to meet the need?3. What is the schedule to achieve your giving objectives? 4. What are the disciplined steps you need to take to achieve these objectives?

Don’t just ask the questions. take the steps today and call a professional who can guide you through the steps.

the choice is yours! give for the future or wait. When all is said and done - give!

remember, “The thrill of giving lasts a lifetime.”

The Gift that keeps on giving...

Dee Dee Sung & Doug Puffer The Planned Giving Team, Simon Fraser University

When people are planning to make a significant donation whether during life or in their wills, they should know that different assets have different tax liabilities. For instance, final income tax on registered funds is calculated based on full market value, but for non-registered funds, only the difference between market value and original cost is taxable. consider the following situation:

mary is in her late seventies and has two grown children. Her husband, David, died a while ago and she is planning her new will. She actively supports a number of charities but she especially supports Simon Fraser University where she and David met and fell in love. mary has already set up a modest memorial bursary fund at the University. She will have five main assets in her estate, wants to make a $500,000 bequest for the memorial fund and divide the rest equally between her two children. What should she donate?

Asset MArket VAlue Cost tAx liABility

Principal residence $500,000 $250,000 $0

Family vacation Home $500,000 $250,000 $54,625

combined rrIFs $500,000 $250,000 $218,500

Non-registered Stocks $500,000 $250,000 $54,625

gic/cash/tbills $300,000 $300,000 $0

In mary’s case, donating the residue of her rrIF directly to charity results in zero taxation and makes the most sense. topping it up to $500,000 from her non-registered stocks as a donation in her will would give her estate enough of a donation tax credit to offset all the tax liability on the family vacation home and the remaining stocks.

this plan makes the most of mary’s savings, would not affect her lifestyle, guarantees very generous gifts to her children while at the same time creates a meaningful legacy at SFU.

In evaluating which assets to bequeath to children and charity, the ones with the least tax liability should pass to the family while the ones with the highest tax liability make the best charitable gifts. this strategy will serve to reduce the taxes payable by mary’s estate, which ultimately will be in favour of all her beneficiaries.

everyone’s circumstances are different. mary’s example is an illustration only and is not intended as financial advice. Please consult with your own advisors to create the right plan for you.

noT ALL AsseTs Are equAL

LEAVE A LEGACY OF HOPE

Melia, Age 4, Wilms TumorI wish to go to Hawaii!

We grant wishes because wishes change lives.

MAKE-A-WISH® BC & YK604.688.7944

[email protected]

LEAVE A LEGAC Y TM PartnershiP List 2014-2015Big Brothers of GreaterVancouver FoundationValerie Lambertvalerie.lambert@ bigbrothersbigsisters.cawww.bigbrothersvancouver.com

Big Sisters – BC Lower MainlandFleur [email protected]

Boys and Girls Clubs of South Coast BCMarcie [email protected]

BC Guide Dog ServicesWilliam [email protected]

British Columbia Lung AssociationScott [email protected]

British Columbia Society for the Prevention of Cruelty to AnimalsYolanda [email protected]

Burnaby Hospital FoundationSylvia [email protected]

Canuck Place Children’s HospiceDenise [email protected]

For more information or to become a partner visit www.leavealegacyvancouver.com

Alexander Holburn Beaudin & Lang LLPEmily Clough [email protected]

Alzheimer Society of BCLeona Desharnais [email protected]

BC Cancer FoundationAlyson Meehan [email protected]

BC Children’s Hospital FoundationVanessa [email protected]

BC Schizophrenia Society FoundationJane [email protected]/category/ aboutbcss/foundation

BC Wildlife FederationSuzie [email protected]

BC Women's Hospital & Health Centre FoundationJames [email protected]

Child Development Foundation of British ColumbiaJudy Krawchuckjudy@centreforchilddevelopment.cawww.centreforchilddevelopment.ca

Clark Wilson LLPRichard [email protected]

Crisis Intervention & Suicide Prevention Centre of BCKyle [email protected]

Crossroads Hospice SocietyAnna [email protected]

The Dance CentreSheri [email protected]

Decoda Literacy SolutionsGail [email protected]

Ecojustice Canada SocietyJocelyn [email protected]

Family Support Institute of BC SocietyAngela [email protected]

The Fraser Valley Estate Planning CouncilYolanda [email protected]

FS Financial Strategies Inc.Julia [email protected]

Heart & Stroke FoundationJane [email protected]

Knowledge Network CorporationDonna [email protected]

L’Arche Foundation of Greater VancouverSig [email protected]

Make-A-Wish Foundation of BC & YukonRoss [email protected]

Maple Ridge/Pitt Meadows Community ServicesVicki [email protected]

Mclaren Housing Society of BCKim [email protected]

Miller Thomson LLPSandra [email protected]

The Nature Trust of British ColumbiaDeb [email protected]

NightShift Street MinistriesMaryAnne [email protected]

Pacific Parkinsons Research InstituteKathryn [email protected]

Pat McGuire, Rogers Group FinancialPat [email protected]

Peace Arch Hospital & Community Health FoundationStephanie [email protected]

PLEA Community Services Society of BCJenny [email protected]

Richmond Cares, Richmond GivesEd [email protected]

Ridge Meadows Hospital FoundationLaura [email protected]

Ronald McDonald House BCRichard [email protected]

Royal Columbian Hospital FoundationCatherine [email protected]

The Salvation ArmyKathy MannasKathy_Mannas@ can.salvationarmy.orgwww.salvationarmy.ca

Simon Fraser UniversityDoug [email protected]

Solus Trust Company LimitedJohn [email protected]

St. Paul’s Hospital FoundationKaren [email protected]

Surrey Hospital & Outpatient Centre FoundationYolanda [email protected]

The Kettle SocietyNancy [email protected]

The Public Guardian and TrusteeBryce [email protected]

Trinity Western UniversityInga [email protected]/giving

Union Gospel MissionChristiane [email protected]

United Way of the Lower MainlandMichelle [email protected]

Vancity Community FoundationJacqueline [email protected]/vcf

Vancouver FoundationKristin HelgasonKristinH@vancouverfoundation.cawww.vancouverfoundation.ca

Variety - The Children’s Charity of British ColumbiaPeter [email protected]

VGH & UBC Hospital FoundationCharlene [email protected]

Westcoast Wills & EstatesMike [email protected]

WRA Wildlife Rescue Association of BCGordon [email protected]

York House SchoolPriscilla [email protected]

For further information, please contact any of the advertisers or LEAVE A LEGACYTM partners listed in the publication.

This supplement is a forum for information about charitable gift planning. Neither CAGP-ACPDP National Office nor any of its Roundtables or the LEAVE A LEGACYTM

program will be held liable for any claims, misrepresentations or errors made by any advertiser or in any article in this publication.

“It will benef it us all to helpPeace Arch Hospital.”

Our friends and neighbours have become

our family and we want to ensure they

continue to have greathealth care”.

Watchour video

A Gift to Last.Everyone has their own reason for leaving a legacy to Peace Arch Hospital. Whether it’s to ensure future generations have access to quality health care close to home or wanting to express gratitude for exceptional care, let your legacy be a gift of health for your family, and for every family in our community.

What’s your reason for giving?Hear our donor stories & learn more about planned giving at pahfoundation.ca. Simply click on ‘Ways to Give’ and ‘Legacy Giving’, or call Jim Bindon at 604.542.3184.

To start planning your Legacy Gift, call Jane Westheuser at 1-888-473-4636 ext 8020 or visit heartandstroke.ca/legacygiving

BE YOUR LEGACYLet saving lives and creating hope

By including the Heart and Stroke Foundation in your estate plan, you’ll support life-saving heart disease and stroke research — and give Canadians more time to laugh, love and live!


Further information on the LEAVE A LEGACYTM program can be obtained by visiting the LEAVE A LEGACYTM Greater Vancouver website at www.leavealegacyvancouver.com or by emailing info@ leavealegacyvancouver.com. Information on how your organization can become a LEAVE A LEGACYTM Greater Vancouver Partner can be obtained by emailing [email protected].

LEAVE A LEGACY TM NoVEMbEr 2015 1312 NoVEMbEr 2015 LEAVE A LEGACY TM

LEAVE A LEGAC Y TM PartnershiP List 2014-2015Big Brothers of GreaterVancouver FoundationValerie Lambertvalerie.lambert@ bigbrothersbigsisters.cawww.bigbrothersvancouver.com

Big Sisters – BC Lower MainlandFleur [email protected]

Boys and Girls Clubs of South Coast BCMarcie [email protected]

BC Guide Dog ServicesWilliam [email protected]

British Columbia Lung AssociationScott [email protected]

British Columbia Society for the Prevention of Cruelty to AnimalsYolanda [email protected]

Burnaby Hospital FoundationSylvia [email protected]

Canuck Place Children’s HospiceDenise [email protected]

For more information or to become a partner visit www.leavealegacyvancouver.com

Alexander Holburn Beaudin & Lang LLPEmily Clough [email protected]

Alzheimer Society of BCLeona Desharnais [email protected]

BC Cancer FoundationAlyson Meehan [email protected]

BC Children’s Hospital FoundationVanessa [email protected]

BC Schizophrenia Society FoundationJane [email protected]/category/ aboutbcss/foundation

BC Wildlife FederationSuzie [email protected]

BC Women's Hospital & Health Centre FoundationJames [email protected]

Child Development Foundation of British ColumbiaJudy Krawchuckjudy@centreforchilddevelopment.cawww.centreforchilddevelopment.ca

Clark Wilson LLPRichard [email protected]

Crisis Intervention & Suicide Prevention Centre of BCKyle [email protected]

Crossroads Hospice SocietyAnna [email protected]

The Dance CentreSheri [email protected]

Decoda Literacy SolutionsGail [email protected]

Ecojustice Canada SocietyJocelyn [email protected]

Family Support Institute of BC SocietyAngela [email protected]

The Fraser Valley Estate Planning CouncilYolanda [email protected]

FS Financial Strategies Inc.Julia [email protected]

Heart & Stroke FoundationJane [email protected]

Knowledge Network CorporationDonna [email protected]

L’Arche Foundation of Greater VancouverSig [email protected]

Make-A-Wish Foundation of BC & YukonRoss [email protected]

Maple Ridge/Pitt Meadows Community ServicesVicki [email protected]

Mclaren Housing Society of BCKim [email protected]

Miller Thomson LLPSandra [email protected]

The Nature Trust of British ColumbiaDeb [email protected]

NightShift Street MinistriesMaryAnne [email protected]

Pacific Parkinsons Research InstituteKathryn [email protected]

Pat McGuire, Rogers Group FinancialPat [email protected]

Peace Arch Hospital & Community Health FoundationStephanie [email protected]

PLEA Community Services Society of BCJenny [email protected]

Richmond Cares, Richmond GivesEd [email protected]

Ridge Meadows Hospital FoundationLaura [email protected]

Ronald McDonald House BCRichard [email protected]

Royal Columbian Hospital FoundationCatherine [email protected]

The Salvation ArmyKathy MannasKathy_Mannas@ can.salvationarmy.orgwww.salvationarmy.ca

Simon Fraser UniversityDoug [email protected]

Solus Trust Company LimitedJohn [email protected]

St. Paul’s Hospital FoundationKaren [email protected]

Surrey Hospital & Outpatient Centre FoundationYolanda [email protected]

The Kettle SocietyNancy [email protected]

The Public Guardian and TrusteeBryce [email protected]

Trinity Western UniversityInga [email protected]/giving

Union Gospel MissionChristiane [email protected]

United Way of the Lower MainlandMichelle [email protected]

Vancity Community FoundationJacqueline [email protected]/vcf

Vancouver FoundationKristin HelgasonKristinH@vancouverfoundation.cawww.vancouverfoundation.ca

Variety - The Children’s Charity of British ColumbiaPeter [email protected]

VGH & UBC Hospital FoundationCharlene [email protected]

Westcoast Wills & EstatesMike [email protected]

WRA Wildlife Rescue Association of BCGordon [email protected]

York House SchoolPriscilla [email protected]

For further information, please contact any of the advertisers or LEAVE A LEGACYTM partners listed in the publication.

This supplement is a forum for information about charitable gift planning. Neither CAGP-ACPDP National Office nor any of its Roundtables or the LEAVE A LEGACYTM

program will be held liable for any claims, misrepresentations or errors made by any advertiser or in any article in this publication.

“It will benef it us all to helpPeace Arch Hospital.”

Our friends and neighbours have become

our family and we want to ensure they

continue to have greathealth care”.

Watchour video

A Gift to Last.Everyone has their own reason for leaving a legacy to Peace Arch Hospital. Whether it’s to ensure future generations have access to quality health care close to home or wanting to express gratitude for exceptional care, let your legacy be a gift of health for your family, and for every family in our community.

What’s your reason for giving?Hear our donor stories & learn more about planned giving at pahfoundation.ca. Simply click on ‘Ways to Give’ and ‘Legacy Giving’, or call Jim Bindon at 604.542.3184.


BE YOUR LEGACYLet saving lives and creating hope

By including the Heart and Stroke Foundation in your estate plan, you’ll support life-saving heart disease and stroke research — and give Canadians more time to laugh, love and live!


Further information on the LEAVE A LEGACYTM program can be obtained by visiting the LEAVE A LEGACYTM Greater Vancouver website at www.leavealegacyvancouver.com or by emailing info@ leavealegacyvancouver.com. Information on how your organization can become a LEAVE A LEGACYTM Greater Vancouver Partner can be obtained by emailing [email protected].

LEAVE A LEGACY TM NoVEMbEr 2015 1312 NoVEMbEr 2015 LEAVE A LEGACY TM



Discovery needs willing partners.When your client remembers the BC Cancer Foundation in their will, they’ll be supporting world-renowned research in BC that is shaping the future of cancer care.

Please be sure to use the full legal name of our organization: BC Cancer FoundationRegistration Number: 11881 8434 RR0001

For more information, please contact 604.877.6040 or [email protected]

Help create a better future for everyone touched by cancer.

claire Harcus, a former elementary school principal, is an unwavering advocate for sun safety and cancer research.

She was diagnosed with skin cancer in 2001 after coming to terms with her concerns over a mark on her neck. claire’s delay in seeking out medical attention gave the cancer time to advance, which has meant an intense treatment regime including multiple surgeries and radiation therapy to keep her going.

years later claire’s daughter christie Wilson noticed a suspicious looking mole on her shoulder. this time the family took immediate action to have it examined.

Within the decade that passed between mother and daughter having suspicious markings on their skin, researchers at the bc cancer agency had been skillfully developing a new technology to aid in the early detection of skin cancer. the verisante aura—a non-invasive detection tool—played a key role in confirming that christie’s suspicious mole was in fact cancer.

the early diagnosis led to a swift removal of christie’s cancer, before it spread.

compelled by the family’s history of cancer, claire wanted to help the bc cancer Foundation, knowing that she and her daughter had benefitted from decades of cancer research.

She made a decision to leave a gift in her will so future generations won’t have to endure the type of treatments she has gone through on and off for over a decade.

Legacy planning is very personal, and the bc cancer Foundation recom-mends considering the following when thinking about including a gift to charity in your will:

– what would you like your gift to accomplish?

– what is the correct legal name of the charity you wish to benefit?

– How can you involve family in your legacy gift planning?

For claire, the impact her gift will have is crystal clear: “I see the efforts

the researchers are putting forth and the results tell me that research is working.”

through the bc cancer Foundation, legacy donors like claire provide a funding life-line for breakthrough initiatives at the bc cancer agency where researchers are uncovering new ways to prevent, detect and cure cancers.

In fact, the research group that developed the aura, which helped in christie’s cancer detection, is currently working on early detection technology for lung and gynecological cancers.

visit www.bccancerfoundation.com to learn more about legacy gifts and their life-saving impact.

AdVAnCeMenTs In CAnCer reseArCH Buoyed By LeGACy GIfTs

Paola Coronado Hass, Planned Giving, BC Cancer Foundation

mother and daughter become cancer research

advocates after each facing skin cancer



If you have a family member with a disability or other condition meaning they may never be self-sufficient, how do you ensure they will continue to be looked after once you are gone?

one way is to create a trust for them, often known as a discretionary trust, a disability trust or “Henson” trust.

the other is to ensure that the many charitable organizations which assist persons with disabilities are supported, though charitable donations, both during your life but also in your estate.

a disability trust can also be created while you are alive (“Inter vivos”), or in your will so it comes into effect upon your death. this second kind of trust is called a “testamentary trust.”

testamentary trusts have historically had a tax advantage over Inter vivos trusts, since they have been subject to the same graduated tax rates as an individual.

you may have read that a major shift in the taxation of trusts in canada is coming January 1, 2016, and that the use of testamentary trusts to obtain the graduated tax rates will be severely curtailed. While this is generally true, there is some good news for people creating disability trusts in their wills.

a person wanting to set aside money for a disabled family member will be able to create a “Qualified Disability trust” (“QDt”) which will be exempt from the negative changes to other testamentary trusts.

the beneficiary of the disability trust must be eligible for the Federal disability tax credit in order for a trust to be a QDt. Further, the trustee of the testamentary trust must make an election, jointly with the disabled beneficiary, that the trust be treated as a QDt. the election must be made each year, and may be made for as many years as the trust exists.

the rules for tax credits arising on a charitable donation will also change, allowing more flexibility. the gift will be deemed to be made when the estate transfers the property to the charity, and the credit can be allocated both back to the deceased’s taxes or to the estate itself.

A person wanting to set aside money for a disabled family member will be able to create a “Qualified Disability Trust” (“QDT”) which will be exempt from the negative changes to other testamentary trusts.

testamentary trusts are still going to be an important way of providing for disabled family members, and the greater flexibility for charitable dona-tions will encourage those families to support the organizations that in turn support those disabled family members.

Protect your Loved one’s future with a disability Trust

HERE’S WHERE WE WERE. HERE’S WHERE WE ARE TODAY.

WITH YOUR SUPPORT, IMAGINE WHERE WE’LL BE TOMORROW.Leave a gift to The Arthritis Societyand help children and adults live without the pain of arthritis.

CONTACT LISA WESTERMARKDIRECTOR, DEVELOPMENTP: [email protected]

Maria T. HolmanEstate and Trust Lawyer Webster Hudson and Coombe LLP.

“The measure of your life will not be in what you accumulate, but in what you give away.”

- Dr. Wayne Dyer

www.GivingTuesday.ca | Tuesday, December 1st, 2015 | #GivingTuesdayCA

Wildlife Rescue provides a helping hand to more than 5,000 injured and orphaned animals a year.

Contact us to find out how we can work together for wildlife.

Email: [email protected]: 604 526 2747

www.wildliferescue.ca Making a Difference for Wildlife

Plant your legacy today. Be forever.

Find out how at vancouverfoundation.ca/giveor call Kristin at 604.629.5186

A proud member of community foundations across Canada. To find a community foundation near you, visit communityfoundations.ca



“The choices we make about our lives will determine the kind of legacy we leave”

– Travis SmileyWhat can we leave behind for the next generations?Leaving a legacy is on the minds of many canadians, especially the baby boomers – the largest demographic in our country.

as we age we ask ourselves why are we here and what difference can we make in the world. I hear this from clients and friends all the time and I have strate-gies that answer these questions.

Everyday people can leave a legacymany people think they have to be wealthy or have made a lot of money in order to leave a substantial legacy gift.

Not so.

today one of the most effective financial vehicles to create assets that you can pass along to future generations is through a permanent or whole life insur-ance policy.

recently there have been many new features added to these policies that can be used to create your own legacy fund. this legacy fund can benefit your family, fund a post-secondary education for your children or grandchildren and make a bigger impact with your charitable donation.

one strategy for putting money aside for this fund is to defer your property taxes. many british columbia residents can defer their property tax on a yearly basis. on deferred taxes the bc government charges simple annual interest of 3% for those homeowners under the age of 55 and only 1% per year for those over 55.

For example, if you are 45 years old, own your home and pay an annual property tax of $4,000 per year, here’s how this would work (based on $100,000 face amount whole life insurance policy paid for on a 20 year schedule):

monthly Insurance Premium: $217 Death benefit at age 85: $327,058Deferred Property tax owing: $122,360legacy fund balance: $204,698

this represents a significant gift or donation that will have really cost you nothing yet will make an enormous difference to the causes and people you most care about.

A Legacy strategy for everyday People

Scott Low is co-founder of FS Financial Strategies and mISSIOn OF CARE

Bereaved parents Greg and Karen with son Kairo and daughter Stella Marie

For investing in BC’s children with life-threatening

illnesses and the families who love them.

Make a Legacy Gift to Canuck Place by calling Linda Ashton at 604.646.0611.

www.canuckplace.org

CanuckPlace @CanuckPlace

Gratitude

Providing practical and emotional support to individuals and their loved ones through the end-of-life and grieving journey.

You do not have to do it alone. We are here to help.

Burnaby Hospice Society • 4535 Kingsway, Burnaby BC V5H4T9(604) 520-5087 • [email protected] • burnabyhospice.org

financial planning with Heart



A legacy gift will help us provide equipment your Eers. to meet the complex health needs of our Elders.

It’s amazing when you think of how time flies

To make a planned gift for Elder Care please contact:Kathleen Strath, CEO at: 604-588-04459650 137A Street - Surrey, BC V3T 4H9

The Circle of Life

1113

LAL

TO CALL ORVIEW OUR WEBSITESCAN THIS AD WITH

TO CALL ORVIEW OUR WEBSITESCAN THIS AD WITHDonate at www.kinsmenlodge.ca

Entrepreneurs create much wealth in Canada with their

businesses and real estate holdings. These dedicated owners are often also very committed to charitable giving. They seek to pass on their community, not diminished, but better than it was passed on to them.However, it is challenging to make gifts from their wealth. Company shares and real estate holdings are often illiquid.Yet, with careful planning, significant gifts can be made now. There are also new gifting opportunities coming in 2017.Consider an example of Daniel and Helen -– two successful siblings. Daniel grew a family business; and Helen assembled a real estate portfolio.

Daniel wishes to create an ongoing endowment to fight poverty issues. Helen wishes to help a youth community centre.

DAniEL’S CURREnT GiFT

Daniel has a challenge. Complex rules apply to gifts of private company shares. The default tax rule prohibits a charity from issuing Daniel a tax receipt (to reduce his taxes) unless the charity sells the gifted shares within five years of the donation.Fortunately, there is an “ex-empted gift” rule. The five year sale period is avoided if the shares are gifted to an “arm’s length” public charity such as Daniel‘s community foundation. The foundation can hold the gift in perpetuity and produce an annual income. Daniel can advise about distribution of the income to his preferred charities.

However, without further planning, the foundation would have valuable shares but no easy way to produce an income for the annual gifting.Instead of giving his current shares, Daniel could reorganize to create and donate new preferred shares with a fixed value. These shares could then be repurchased from the foundation by the company in yearly install-ments to create a cash flow. Each repurchase would usually be taxed as a dividend, but the foundation can receive it tax free. Each repurchase may also allow Daniel’s company to claim a refund of some pre-paid taxes (amounts that may have been collected from past company earnings). The refund may be up to 1/3rd of the repurchase amount.This gift plan is just

one of the options available to Daniel. In the right circumstances, it reduces taxes now and creates an ongoing annual refund. It gives the foundation a secure gift and cash flow for the annual income. Most importantly, Daniel will fulfill his wish to make his community better.

DAniEL'S FUTURE GiFT

In the future, Daniel’s long-term plan may be to pass his business on to the next generation, but it might also be sold. After 2017, in a sale situation, new tax rules may give Daniel extra savings by eliminating the tax on the capital gain in his shares – somewhat like the current rules for gifts of publicly-listed shares. However, the proposed rules are more restricted. Still, if Daniel thinks he might sell and also

continue his philanthropy, then it is important that he be aware of this option now - as he prepares his company for that possibility.

HELEn’S CURREnT GiFT

Helen has learned that the youth centre is searching for a new permanent loca-tion. One of the properties that Helen has held in her portfolio for many years is well-suited to their needs. However, Helen cannot afford yet to gift the full value of the property.Helen can arrange a “bar-gain sale.” The youth centre society will pay up to 80% of the appraised value. Helen will receive a tax receipt for the difference between the amount paid and the appraised value. The sale proceeds and the tax savings from the receipt will more than offset any taxes triggered by the sale.

HELEn'S FUTURE GiFTThe new rules in 2017 may also benefit Helen. The capital gains taxes that would be triggered by a sale of real estate may be reduced to the extent that Helen gifts proceeds of the sale to a charity within 30 days of the sale. Again, the proposed rules have complexities, but Helen may want to keep them in mind for future planning.Entrepreneurs are a driving force in our community. With careful planning, they can share their success and pass along our community even greater than it was passed on to us.

Gifts of Private Companies and real estateGeoffrey W. White Law Corporation & Counsel | Clark Wilson LLP

434 Glenwood AvenueKelowna, BC

T: 250.712.2205F: 250.712.2208

[email protected]

900-885 West Georgia Street Vancouver, BC

T: 604.687.7751F: 604.687.6314

[email protected]



Legacy Gifts Help Keep the Gardens GrowingYour planned gift to the Gardens ensures that Vancouver’s green heart continues to beat for future generations.

For more information please contact:

VanDusen Development DirectorVanDusen Botanical Garden Association604-257-8190 | [email protected]

VanDusen Botanical Garden Association


Providingleadership andresources forprostatecancersupport,education andresearch in BCProstate Cancer is the mostcommon cancer in men.registered charity number:871057840RR0001

Learn more aboutour foundation

website:www.prostatecancerbc.ca

phone:604-574-4012




phone:604-574-4012




phone:604-574-4012




phone:604-574-4012




phone:604-574-4012




phone:604-574-4012




phone:604-574-4012




phone:604-574-4012




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Receive a free gift with every $150 donation.

Black Friday. Cyber Monday.

by Angela ClancyExecutive Director, Family Support Institute of BC Society

Erling Bjarnason was referred to as a “giant of the international disability movement” in his

eulogy by Al Etmanski. It was the birth of his late son, Darel, which was the catalyst for Erling and his wife Evelyn to start their enduring contribution to persons with disabilities and their families.

Erling’s dream was as magnificent as Martin Luther King’s. He envisioned a society where all people with disabilities would be seen only by their character in a time when the outlook was daunting for people with disabilities to have a meaningful life. He met that challenge head on, creating from scratch what we now take for granted.

Like all great leaders he was not afraid to take a position that stood out sharply from prevailing opinion. Erling worked tirelessly to implement his vision for societal transformation – to end segregation by closing the institutions for people with mental disabilities.

Erling “raised over a million dollars in the late 70’s for a national campaign

which fuelled the deinstitutionalization and desegregation campaigns. … British Columbia, the first major jurisdiction in Canada to close all institutions”, is a testament “to Erling’s determination and skill.”

When Evelyn Bjarnason passed away, Erling left a bequest through his will to the Family Support Institute of BC in Evelyn’s name. It was a well-planned gift that has created the “Evelyn and Bjarnason fund” that enables families from FSIBC to receive education and training that will enhance their ability to be leaders and provide supports in their home communities.

In a recent article the Bjarnason family wrote for the FSIBC newsletter they stated that, “Our parents under-stood the power and wisdom contained in families. Although our father had many organizations to choose from to support after Mom’s death, he chose this one … to start a legacy in our mother’s name. We added Dad’s name to the fund after his death because we wholeheartedly agree with his choice. The Family Support Institute is a positive, vibrant force in the disability community. We are proud that our

parents’ legacy fund continues to be of some help to families who are learning, playing, planning, or doing whatever they need to in order to thrive.”

At FSIBC, we are overwhelmed with gratitude knowing that people will continue to learn, and more will join our cause to make our world a more inclusive, loving, and diverse place to be. We are ever grateful to the Bjarnason family for teaching us about the true gift of a Legacy with lasting impact.

True GIfT of A LeGACy

PHOTO ABOVE:Evelyn and Erling Bjarnason

on their wedding day

PHOTO RIGHT:Darel Bjarnason as a baby



For more information contact:Donna Robinson 604.431.3136 Toll-Free: 1.877.456.6988 [email protected] knowledge.ca/partners

Ensure inspiring, commercial-free, educational programming continues for generations to come. Please remember Knowledge Network in your will or trusts.

www.guidedogs.ca

HELP MAKE A DIFFERENCE WITH YOUR GIFT!

By way of your will, endowment or life insurance policy you can ensure that Canadian Guide Dogs for the Blind provides visually impaired Canadians with greater mobility and independence through the use of a professionally trained guide dog.

613-692-7777 [email protected]

4120 Rideau Valley Dr. N. P.O. Box 280

Manotick, ON K4M 1A3

• Seniors 75+ grocery programs• Youth 10-24 At risk programs• Red Cross medical short-term

loans

The little non-profit outreach program that could.

Serving the North Shore for over 40 years.

Capilano Community Services604.988.7115 • www.capservices.ca600 West Queens Road • North Vancouver

Connecting People with Community

Lives are LegaciesWhen you name us in your will,

you are changing people’s lives.

They never forget.

w w w . b h f o u n d a t i o n . c a

HelpSecure aWild

Future!

HelpSecure aWild

Future!

WILDERNESSC O M M I T T E E

WildernessCommittee.org/legacyToll free 1-800-661-9453

[email protected]

We are Canada’s largest membership-based wildernesspreservation organization, dedicated to protecting ourcountry’s wildlife and wild lands for more than 30 years.

By remembering us in your will and estate planning, you willbe leaving a legacy of wild nature for generations to come.

WILDERNESSC O M M I T T E E

WildernessCommittee.org/legacyToll free 1-800-661-9453

[email protected]

We are Canada’s largest membership-based wildernesspreservation organization, dedicated to protecting ourcountry’s wildlife and wild lands for more than 30 years.

By remembering us in your will and estate planning, you willbe leaving a legacy of wild nature for generations to come.

46 East 6th Ave, Vancouver

Because all pets deserve to

be healthy

[email protected] a w s f o r h o p e . o r g

Charitable giving can and should be a positive, engaging and impactful experience—one that aligns with your values, priorities and culture.

It may also be a tool for family coherence and the propagation of family values.

We live in a world of consumerism and affluence where wealth has the power to be good or destructive. By openly talking about money as a family, you can use wealth as a means for positive impact in the world, based on values, and as a way to have meaningful conversations with your children.

So HoW DoES iT WoRk?

The process begins with a review of your financial situation in-cluding the identification of what you “need” for

financial independence to continue your desired lifestyle and what you “want” to pass onto your family, balancing what would be reasonable and still provide incentive for personal ambition.

The difference between your assets and these “needs” and “wants” will provide a pool from which to contribute strategically and effec-tively to causes you think are important.

The next step is for each member of the family, individually and collectively to articulate the values that shape your decisions. Your common values form the basis of a vision and mission for your philanthropy; they guide you as you create a practical and customized, flexible giving plan that meets your particular needs, aligns with your

goals and helps you create the kind of change you want to see in the world.

Next, as a family, you will itemize and prioritize your areas of interest and determine your criteria for making gifts. You may also want to consider how family members may involve themselves, beyond the financial con-tribution, in the causes that are important to them. Additionally, it will be critical to work with recipient organizations to ensure that they are aware of your expectations and are committed to regularly updating you on their progress. From this you may monitor and evaluate the impact of your philanthropy.

Your personalized framework for charitable giving will allow you to easily make thoughtful

decisions that have an important impact on the world, your family and the causes that align best with your objectives.

Giving well and with purpose does not just happen - it requires the commitment to develop and implement articu-lated values, a clear vision and mission, a practical plan and defined out-comes. Working on this together as a family will not only have a positive effect on the world, it will also provide a profound and rewarding family experience.

family and Philanthropy: The rewards

Janice Loomer margolis is a Philanthropy Advisor who

uses her unique combination of fundraising, organization leadership

and facilitation expertise to work with individuals, couples and families to develop a plan to make their giving

meaningful, satisfying and effective. www.jlmphilanthropy.com



FINE ART&S

&ANTIQUES

Estate Planning and DispositionFor over 100 years Maynards has been providing assistance to executors and estatesin the appraisal of fine art, antiques and jewellery.

In today’s rapidly changing market, our appraisal experts use the latest strategicmarketing techniques to return maximum sales value to our clients.

We routinely provide evaluations for major financial institutions, law firms andtrust companies to assist their clients in estate planning and disposition.

Service We Can Provide:• Advice on family division• Evaluations of personal property• Assist in organizing distribution of personal property• Organizing charitable donations• Sale to North American and International markets

For more information contact our Fine Art and Antiques Department,at (604) 675-2228 or via E-mail at [email protected]

Maynards has conducted over 1000 charitable fundraising events, andis proud supporter of the following foundations:

1837 MAIN STREET, VANCOUVER, BC. V5T 3B8 • (604) 675-2228 • WWW.MAYNARDSFINEART.COM

Scan with to learn more.

Estate Planning and DispositionFor over 100 years Maynards has been providing assistance to executors and estatesin the appraisal of fine art, antiques and jewellery.

In today’s rapidly changing market, our appraisal experts use the latest strategicmarketing techniques to return maximum sales value to our clients.

We routinely provide evaluations for major financial institutions, law firms andtrust companies to assist their clients in estate planning and disposition.

Service We Can Provide:• Advice on family division• Evaluations of personal property• Assist in organizing distribution of personal property• Organizing charitable donations• Sale to North American and International markets

For more information contact our Fine Art and Antiques Department,at (604) 675-2228 or via E-mail at [email protected]

Maynards has conducted over 1000 charitable fundraising events, andis proud supporter of the following foundations:

1837 MAIN STREET, VANCOUVER, BC. V5T 3B8 • (604) 675-2228 • WWW.MAYNARDSFINEART.COM

Scan with to learn more.

By Jessica VestergaardAdministrative Coordinator The BC Schizophrenia Society

Helen Holyk lived in Kelowna with her husband

Walter and was a very devoted advo-cate for individuals and families living with schizophrenia. While serving as the president of the canadian mental Health association (cmHa), she realized that many relatives of people with schizophrenia had nowhere to turn for aid or information.

Schizophrenia is a devastating brain disease that touches the lives of 1 in 100, more than 40,000 british columbians, and approximately 290,000 people in canada. the disease

affects the brain and confuses the senses, making it very difficult for the individual to tell what is real from what is not real. early diagnosis and modern treatment can make a big difference to how well a person with the illness does over time. However, lack of education, stigma and underfunding block pathways to treatment and cause devastating consequences for those affected.

mrs. Holyk took action by founding the bc Schizophrenia Society’s Kelowna branch. She created many vital programs and services for people living with mental illness. She helped develop support programs for friends and family members, education courses for caregivers and the community, and a place to access a wealth of information

which had never been available before. the bcSS became a pillar of hope in the Kelowna community.

mr. and mrs. Holyk had a daughter who suffered from depression and two sons with schizophrenia. they always aspired to improve the lives of their children and the lives of many others suffering with mental illness. together they made several financial contributions to schizophrenia research over many years. as a result of her unwavering devotion to helping others, Helen was flown to ottawa and awarded a governor general’s caring canadian medal.

In 2012 Helen passed away, and today she continues to make a difference in the lives of families through her legacy.

the bc Schizophrenia Society Foundation has received over $100,000 towards schizophrenia research from the estate of Helen Holyk. Since 2012, this gift has been funding the work of several researchers who have made tremendous strides in schizophrenia research and fulfilling Helen Holyk’s intended purpose, to improve the lives of those suffering with mental illness.

heLen’s dreAm oF heLPInG Those WITh severe menTAL ILLness LIves on

Helen Holyk

Become a [email protected]



CHOICE OF CHARITY A REFLECTION OF VALUES AND HELP FOR OTHERS

By JAMES CARRUTHERS

SENIOR DIRECTOR OF DEVELOPMENTBC WOMEN’S HOSPITAL FOUNDATION

Your legacy is a reflec-tion of your values – the right charity helps your legacy reflect those values in a meaningful way. Beyond that it’s just technical. Many financial tools can be used. You should feel confident that the charity you choose can treat your estate gift with the best possible advantage. For 90% of bequests it’s simple. The most important thing is an alignment of the heart.

Michelle’s story

Michelle’s story began with the loss of two babies during pregnancy. Her family doctor referred her to the Recurrent Pregnancy Loss Clinic at BC Women’s Hospital.

Fortunately for Michelle the treatment worked. Now she has not just one child but two! A boy and a girl.

“Our kids are every-thing. We can’t imagine life

without them. Our world totally changed. It feels like somehow our hearts got bigger,” explains Michelle.

Without the expertise that identified her issue; without the research that found the right treatment; Michelle wouldn’t be the proud parent she is today.

Michelle’s experience moved her and her husband, Giles, to honour BC Women’s with a bequest in their Will. They felt they had to give back to the hospital that gave them so much. “How could we not?” she asks, “It just seemed right to make a personal, significant gift to BC Women’s.”

Michelle’s legacy will help save and change lives permanently, for generations to come.

Preparing for the future

Just a short time spent talking to your solicitor and sorting out your affairs now could prevent uncertainty for those left behind. It will also mean that you, not the government, will decide what happens to your property.

If you should die without making a Will (in legal terms this is called dying intestate), the law will determine how your property (estate) is divided. This can cause uncertainty and distress.

If, however, you make a Will, you’ll know your loved ones will see your wishes carried out, bringing some comfort during a difficult time.

And by leaving a dona-tion in your Will, you, like Michelle, will be helping for generations to come.For more about how you can support the health needs of women and babies, contact James Carruthers, Senior Director of Development, at 604-875-2798 www.bcwomensfoundation.org

An Alignment of HeartSPONSORED CONTENT

AdVerTIsers dIreCToryalzheimer bc .................................................................................................................... 6arthritis Society .............................................................................................................15bc cancer ........................................................................................................................14bc childrens Hospital ................................................................................................... 5bc Professional Firefighters burn F .......................................................................... 2bcSPca .............................................................................................................................. 4bcWF ................................................................................................................................... 5bc Womens Hospital 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...........................................................................................................13Jewish community Foundation ................................................................................ 9Kinsmen Lodge .............................................................................................................18Knowledge Network ...................................................................................................20make a Wish ....................................................................................................................11maynards .........................................................................................................................21memorial Society ..........................................................................................................20miller thomson ............................................................................................................... 8Nature trust bc ................................................................................................................ 9oxfam ...............................................................................................................................17PaDS Pacific assistance Dogs ..................................................................................... 8Paws for Hope .................................................................................................................20Peace arch Hospital Foundation ............................................................................12Prostate cancer .............................................................................................................19rogers group /mcguire Financial ............................................................................ 5ronald mcDonald House ...........................................................................................13Salvation army ..............................................................................................................18St. Pauls Hospital Foundation .................................................................................... 8United Way of Lower mainland ...............................................................................12vancouver Public Library ...........................................................................................20van Dusen .......................................................................................................................19variety childrens charity ...........................................................................................24vancouver Foundation ...............................................................................................16vgH Foundation ...........................................................................................................10Wilderness committee ...............................................................................................20Wildlife rescue ..............................................................................................................15Zajac ranch ...................................................................................................................... 4

By Sean oliver, Division Director, Investors Group Financial Services Inc., Volunteer Chair, The Investors Group Walk for Alzheimers.

You may be someone who gives regularly to charitable organizations that are meaningful to you and your family. You may wish you could do more, and have a more significant impact for the charity. Is there a way to increase the financial impact of the dollars you already give? The good news is that there is, using a tool you already know about: life insurance.

At its simplest, life insurance is built to multiply the impact of your deposits. You pay a regular ‘premium’, and the insurance company will pay out a ‘death benefit’ when you die. This lump sum amount can be many times the amount you pay in premiums, and goes to whomever you chose –the ‘beneficiary’. The easiest way to use life insurance to support a charity is to make them the beneficiary of a policy. The charity will receive the death benefit, and your estate gains a donation receipt that can offset taxes. You continue to own the policy and can make changes to it, but the premiums you pay are not considered charitable donations.

If you want your premiums to count as charitable donations instead, you can make the charity the owner and the beneficiary of the policy. Some types of life insurance not only have a death benefit, but also collect a ‘cash value’ inside of the policy. When you gift an existing policy, you will get a donation receipt equal to that professionally calculated fair market value. As well, you will continue to receive donation receipts for the premiums you pay in the future. It will not create a donation receipt for your estate –you get the tax benefit during your lifetime.

You may already be contributing to your favourite charity on a monthly basis. If you are looking for a way to increase the impact of the dollars you are already giving why not consider making this gift as a premium payment? The Alzheimer Society of B.C. has been the grateful recipient of many gifts of life insurance and encourages you to speak with your financial planner about this and other ideas to increase the impact of your donations now and in the future.

LIFe InsurAnCe CAn InCreAse The ImPACT oF Your donATIons

Giving Tuesday is a National Giving DayMost people know about Black Friday and Cyber Monday …now GivingTuesday is coming to Canada on December 1, 2015.

It is a new Canadian movement for giving and volunteering, taking place each year after Cyber Monday. The “Opening day of the giving season,” it is a day where charities, companies and individuals join together to share commitments, rally for favourite causes and think about others.

“We have two days that are good for the economy. Now we have a day that is good for the community too.”GivingTuesday Partners are charities, social enterprises, companies, brands, community groups, schools – any organization that is committed to helping Canadian charities or non-profits. GivingTuesday was started in Canada by a group of founding partners dedicated to helping Canadian charities and non-profits succeed.

For more information visit GivingTuesday.ca and Become a Partner now or [email protected]



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BC Women’sLegacy magazine adBCWH268_Leave a Legacy Ad_9.7x13.62October 8, 2015 10:36 AM100%2RP

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Leaving a gift in your Will helps thousands of women and newborns each year. With a legacy to BC Women’s Hospital Foundation you transform the lives of others for generations to come.

The difference you make could be life itself.

To make a donation or learn more:bcwomensfoundation.org James Carruthers 604.875.2798

Leave a gift in your Will toVariety - The Children’s Charityand ensure there is support for children like Nathan.

Caring for a child with special needs isn’t something parentsprepare. We have the opportunity to step in where health care ends to ensure there is direct help available.

Together, we can be there.

Contact us to find out how to help.Peter Chipman bba, cfre - Director, Legacy Giving & Major GiftsToll free: 604.310.KIDS (5437) Email: [email protected]

variety.bc.ca

1966 - 2016YEARS50

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