Annual Report 2017
Click to read the JCFC 2017 Annual Report.
Also available in the “Resources” section or call our office for a printed copy.
Try out the JCFC Legacy Calculator
Making charitable giving part of your estate plan can create a significant philanthropic legacy with minimal impact on the financial inheritance available to your family. The tax dollars you save can be used to build your charitable legacy.
At the time of death of the last surviving spouse, all capital assets, including publicly traded shares, mutual funds, bonds, RRSP, RRIF, LIRA, real estate holdings, and jewellery will be deemed for tax purposes to have been sold at their fair market value. This event will trigger taxes, including capital gains taxes. Charitable donations provided for in your will create tax credits that can be used to offset the taxes due on these deemed dispositions, allowing you to create a philanthropic legacy, reduce taxes owed, and still leave the vast majority of your financial legacy to your family.
The JCFC’s Legacy Calculator demonstrates this concept. By plugging-in readily available financial information, this easy to use tool creates a snap-shot of your estate, showing how planning your giving could reduce the taxes your estate may owe. JCFC does not have access to any of the financial information you input the details of your financial plan remain private. If you and your family would like to learn more, we would be pleased to meet with you and your financial advisors at your convenience.
Congratulations 2017 Chetner Essay Contest Winners
- 2017 First Prize Essay – “JEWISH AND DEMOCRATIC: An Exploration of Israel’s Jewish and Democratic Character, Its Implications on Israel’s Arab Minority, and Considerations for the Future” written by Rayna Lew, McGill University
- 2017 Second Prize Essay – ” Resolving the Tension: Israel as a Jewish and Democratic State” written by Karry Taylor, Mount Royal University