Charitable donations

December 2021 –  Charitable Donations in kind are a WIN WIN. With record markets and record prices on most securities, now is a great time to donate a portion of your appreciated securities to registered charities. With an in-kind donation, you receive a charitable tax receipt equal to the fair market value of the investment and eliminate the potentially large capital gains taxes you would otherwise pay when selling that investment. You can donate publicly traded shares, mutual funds, ETFs or segregated funds ‘in kind’ and achieve significant tax savings relative to selling the same investment and then donating the cash proceeds