Episode 9 – Leaving a legacy through charitable giving Part 1

It’s the holiday season, a time of giving, so we’re jumping back into our conversation about estate planning with today’s focus on charitable giving.

Episode 9 ⁠–⁠ Leaving a legacy through charitable giving Part 1

In this episode, Frankie and Sarah speak with Frank Cerisano ⁠–⁠ who is CEO of the Bowmanville Hospital Foundation ⁠–⁠ about charitable giving from a will perspective. In this conversation, they discuss the importance of researching charities before making a bequest, the potential issues with overly restrictive donations and the role of a lawyer in the executor's process. They also express concerns about proposed changes to tax rules that could impact charitable giving.

Join Frankie and Sarah as they discuss: 

• Why it’s important to do research and confirm a charity aligns with your values
• The benefit of having a fixed donation in your will, rather than a percentage
• Why families may contest the will when there’s been a bequest to a charity
• The importance of communicating your charitable donation with the family
• Initial steps the executor should take when there is a large bequest to a charity

Subscribe on your favourite podcast platform

Listen and follow our podcast on Spotify, Amazon Music, Apple podcasts, iheartradio and on android.     ​

Connect with Frankie Loreto and Sarah Netley

• LinkedIn: Baker Tilly Canada
• LinkedIn: Frankie Loreto
• LinkedIn: Sarah Netley
• ​Telephone: 905.579.5659

Connect with Frank Cerisano

• TheBowmanvilleHospitalFoundation.com
• LinkedIn: Bowmanville Hospital Foundation
• LinkedIn: Frank Cerisano
• Telephone: 905.623.3331 ext. 21881