Give to the people and causes you care about
If you wish to help others with gifts of cash or assets, you can make tax-savvy transfers in your lifetime rather than at estate settlement. A well-planned program of lifetime gifts to family, friends and charities can also help preserve more of your assets for your heirs. Gifting opportunities can include:
Charitable giving at estate settlement is another way to accomplish your philanthropic goals while also offering tax advantages. There are a number of effective tools and strategies including:
For your generosity to create the outcomes you envision, it's important to understand the strengths and limitations of these solutions. Your RBC Wealth Management financial advisor can help you make well-informed decisions and implement a giving plan that benefits you and the recipients of your good will.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.