HOW YOUNGER
GENERATIONS
ARE GETTING MORE
INVOLVED IN PLANNING
LEGACY DONATIONS
C R E A T E A L E G A C Y
Legacy donations
do more than just
support a charity.
They set an example
for younger generations
to give back
W
hile estate planning
and creating a will has
traditionally been thought of
as the domain of older adults,
having a plan in place for assets like property
or savings accounts is extremely important
for young and mid-career professionals too.
"It doesn't matter the generation. The
moment you have a child, the moment you
buy your first home, you start accumulating
assets—and with them, the opportunity to
shape your legacy," says Hilary Beard, the
director of gift and estate planning for BC
Children's Hospital Foundation.
There are many ways to allocate these
assets in a will, and a lawyer or accountant
can offer advice for those seeking guidance.
But one option is through a legacy
donation: a way to give back and support a
philanthropic cause.
STUDIO
ROMANTIC/SHUTTERSTOCK
SPECIAL FEATURE
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