Discussing Philanthropy with your Advisor, with special guest, Shane Biehn

This episode is a continuation of the discussion on "philanthropy".  Let's say you decide you want to explore the option of a charitable gift (or you are at least curious about your options).  In today's episode, I chat with my special guest, Shane Biehn, about the conversations that you need to be having with your advisor around charitable giving.  We talk about: (1) what it means to be "philanthropic" and how to start the conversation with your advisor (9:25); (2) Taxation of charitable donations (16:01) and different vehicles that you can use to give a charitable donation (hint: it is not just cash) (22:35); and (3) a new initiative in Canada called, "WillPower" (42:02).

Have you heard of "a gift of appreciated securities" or "donor advised funds"?  Well, after listening to this episode you will not only understand what those phrases mean, but be able to have a chat with your family and/or your advisor about each of them!

RESOURCES DISCUSSED ON THE EPISODE:
  • "The Mindset Mentor" Podcast: https://podcasts.apple.com/ca/podcast/the-mindset-mentor/id1033048640
  • "Fantasy Footballers" Podcast: https://www.thefantasyfootballers.com/fantasy-football-podcast/
  • WillPower: https://www.willpower.ca/
  • Canadian Association of Charitable Gift Planners: https://www.cagp-acpdp.org/
  • Infographic: https://cagp-acpdp.aweb.page/canadiangiftsinwills
MORE FROM SHANE:
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