If you are looking for advice on how to eliminate or reduce income tax on your final tax return, you may want to attend a free Estate Planning Workshop being held on Tuesday, Sept. 20 from 4 to 5:30 p.m. at the Parksville Community and Conference Centre.
The National Planned Giving Manger for Ducks Unlimited Canada (DUC) Lloyd Derry admits they have never hosted and event like this before an perhaps it can be a template for the non-profit wildlife conservation organization.
“It’s the first time we’ve put on a workshop like this in the area. It’s a test run and we hope it will be well attended,” he said.
DUC has been committed to wetland conservation for more than 70 years and Derry has been with the group for16 years. He recently moved from Calgary to the Oceanside area and is looking forward to hosting the event in the community.
He said a wide range of topics will be presented and even though the event is being sponsored by DUC, the workshop is intended to help people with their estate planning and Derry said there is no obligation for a bequest to the group.
Presentations will be made by Derry as well as lawyer and notary public Gordon D.S. Ball and Retirement Planning Specialist Stuart Kirk.
The topics to be covered include: Planned giving through your estate to a charity, important components of a last will and testament, what happens to your assets if you do not have a will, when should you update your will, what is an enduring power of attorney and why should you have one, what is a personal representation agreement, what are the benefits of having one and what should be included, things to consider on your final wishes form, how can you eliminate or reduce income tax on your final tax return and what are some tax smart giving options.
Derry said the Planned Giving program of DUC offers people a unique avenue in which to leave a lasting conservation legacy.
“Your contribution can make a profound difference and provide you with considerable tax savings.”
He said DUC is just an example of one charity people might consider.
He said coffee and snacks will be served but seating is limited so please pre-register by calling 250-954-7188 or email: firstname.lastname@example.org.