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ZLC FINANCIAL Helping clients build a legacy begins with meaningful conversations to identify individual giving goals, objectives and desires to do more. "This could be considered challenging to do," says Aeronn Zlotnik, advisor with ZLC Financial. "Once we gain a greater understanding of the goals and resources, we can usually identify different ways in which we can solve this challenge and do more in a more effective manner." For donors looking to build a legacy gift, Zlotnik shares some considerations in starting the process. "First of all, you need to have the desire to make an impact," he says. "Next, reach out to organizations and the people in the community who are already giving to learn more about what they are doing and how you can help." He suggests creating a plan around how to devote time to one's passion and talking about these passions with one's family to create learning opportunities for your children and future generations. "Facilitating conversations between the client and family can also help educate the next generation on giving, charity and making an impact," Zlotnik says. "Speak to professionals about planning opportunities to enhance the impact you can make." While making a financial contribution is an important way to build a legacy, Zlotnik also points to the importance of educating the next generation about how they can make a difference. "I think it is very important when you are able to make a difference and give back, that you take the time to addition- ally do that," Zlotnik says. "I remember conversations with my uncles and grandfather about giving back, and it was ingrained in me early on, that given the role we play in the community and the resources we had, we must make a differ- ence. I would get involved with different entities to help them raise funds and make an impact in any way that I could. The notion of giving back through both big and small contributions is now woven into our fabric as a firm and an expression of our values and in our relationships here in the Lower Mainland." NICOLA WEALTH Nicola Wealth works with families to educate them on their legacy options, es- pecially from a tax perspective, for passing on their wealth in an efficient manner. "Our advisors council our clients on how to maximize their contributions to family and the causes they most care about," Sung says. "That can be done effectively by helping clients set up a private founda- tion, long-term giving through a public foundation or a donor-advised fund." Nicola Wealth financial advisors hold helping others and setting a high standard for corporate responsibility as some of its core values. In doing so, the firm partners with causes and organizations that align with its clients' passions and values, and through a combination of staff donations, corporate partners and a private giving foundation, Nicola Wealth contributed $36 million into our communities in 2022 alone. "We help our clients and their families ultimately manage their wealth and protect and steward that to the next generation," says Nicola Wealth president, David Sung. "That means our client-facing advisors are meeting with a client multiple times throughout year, reviewing their long-term wealth and legacy plans, and engaging in ongoing discussions about how our clients can maximize their contributions C R E A T E A L E G A C Y 48 BCBUSINESS.CA SEPTEMBER 2023 SPECIAL FEATURE " Facilitating conversations between the client and family can also help educate the next generation on giving, charity and making an impact. Speak to professionals about planning opportunities to enhance the impact you can make. " –AERONN ZLOTNIK Advisor with ZLC Financial Aeronn Zlotnik, ZLC Financial