Planned or legacy giving is the designation of charitable gifts through a financial or estate plan. These are generally gifts of assets or a bequest in your will, not current income. It helps you make more significant financial gifts to support charities as well as address your financial needs.
Corporate planned giving can serve the two-fold purpose of lowering taxes and putting your business in a positive light.
Blue SWAN Financial works with both charities and an accomplished ‘Professional Advisory Council’ to assist you. The PAC is made up of lawyers, accountants, financial planners, and insurance specialists that have experience working with donors and clients that are looking to maximize their charitable impact as well as find solutions for estate and tax challenges.
Life Insurance policies can outlive its original purpose. By adding our organization as a policy owner and/or beneficiary, the gift of life insurance transforms a modest investment into a much larger benefit for you and for the families we serve.
An Annuity allows a donor to make a gift, in most cases receive a generous charitable tax receipt and receive an annual tax-free payment, an annuitant, for the rest of their lives. This can be established by a charity for an individual or a couple.
Your Retirement Plan assets may be taxed twice as part of your estate and as income to family members. By naming Ve’ahavta as a beneficiary of a portion of your retirement plans, the gift is tax free. What might have been lost to taxes can be shared with our families in need.
Through a bequest in your will or trust, you take care of loved ones first and make a difference in the lives of the families we serve, without affecting your current finances. This may be a percentage or a residual bequest, a contingent or a fixed amount.
A Charitable Remainder Trust can provide income to you and your loved ones for a term of one year or for life with an income tax deduction. After all lifetime beneficiaries are cared for, we receive the remaining assets to support our families.
I strongly believe in giving back to the community. That’s why, for every donor that meets with a member of our Professional Advisory Council, a donation of two fresh new pillows will be made to a local shelter, to help a friend in need ‘Sleep Well At Night’.
Blue SWAN Financial is committed to ensuring all Canadians, including those less fortunate, Sleep Well at Night. That is why it is our pleasure to sponsor Ve’ahavta, a charity that helps fight poverty and hunger in the streets of Toronto. We also provide sound advice for donors of this charity, as well as others, to maximize the benefits for those in need as well as the donor.
While planned giving is one of the most impactful ways you can give back to the community, I also champion the more conventional methods of charity. In my personal time, I participate in Road Hockey to Conquer Cancer every fall, where all fundraising proceeds go to the Princess Margaret Hospital Cancer Care Unit. Since my involvement, my teams have raised over $55,000 for the cause.
Taking the lessons I learned in 20+ years of my career in manufacturing, I now exercise my financial
expertise as an Insurance Broker dedicated to helping my clients
I worked as a District Treasurer for the 2014-2015 terms while Allan served as a District Governor for Toastmaster District 60. Allan did a fabulous job to lead 4000+ members’ organization. Under his servant leadership style, our membership has grown tremendously. He demonstrated some of great characteristics during our journey together: generosity, patience, and collaboration. He has been an inspiration for me. Every day I applied his servant leadership style into my own business. I am sure all these great qualities he has will serve him well in whatever he does.
Trust is earned not by what we say but by what we do”. Allan Madonik is one of those rare leaders that quietly follows up any words with actions. While working with Allan during his tenure as Toastmasters International District 60 Director I witnessed how he successfully led a district of over 5,000 members. His strengths include his ability to take complex concepts and simplify them and his unceasing commitment to the people he serves. I feel truly honoured to know him as a fellow Toastmaster and a friend.
As a Club President I find you were driven and goal oriented. You give your best and expect the best, hence with you there is no room for complacency. You enjoy going the extra mile to assist others and are very respectful of people's time. As a person I find you humble, passionate about your interests, and genuinely interested other people's successes.
Allan and I met with a phone call several years ago. His phone call was one that stands out in my memory for many reasons. It was an extremely courteous call that made me feel like I knew him my whole life.. When I hung up the phone, I had a feeling that I would be seeing him again, and that we might even become friends or colleagues. Allan has a calm and accepting demeanour that makes being his colleague a privilege. He has a special way of approaching things that make you listen. And he never pressures you into anything. I am happy I picked up the phone several years ago. It was the beginning of a long lasting friendship that I am happy was formed.
I have known Allan Madonik for several years now and I would recommend him without any reservation. He is a family man that has the utmost integrity, an incredible work ethic, a servant's heart and a persistence seldom seen. He is only interested in making everything he touches better. He is always striving to bring value to everything he does. He gets it. I am proud to be associated with Allan and I look forward to having him work with me and my family for years to come.
I have known and worked with Allan Madonik as my financial advisor for several years and can say I am very impressed with his breadth of knowledge. More significantly though, is his integrity. I believe Allan genuinely listens and takes his clients' needs into consideration and sincerely recommends approaches that are in their best interests. His warm sense of humour and succinct newsletters are a nice bonus for his clients!
I wanted to thank you for setting me up for success! I feel much better now that I know my family will be safe if I am sick or worse! I will be in touch with you to discuss my investments as I am not happy dealing with my bank!
Thanks for helping me with my investments. I appreciate you coming to my work to review my information and then again for the recommendation. I look forward to consistent growth in the next several years!
I was frustrated with my advisor and I knew I had to make a change. Allan approached me and asked if I wanted to sit down and review my financial plan. He was able to come up with something that was simple and easy to follow. He also greatly reduced the premiums I paid but made sure the amount of coverage stayed the same! I am happy I started working with Allan and look forward to doing so in the future.
I have known Allan for several years and have always found him to be a kind and sincere gentleman. I was looking for guidance on protection for my family. Allan spent a lot of time both on the phone and in person to ensure he understood my situation. He put together an excellent proposal which I adopted immediately. Thank you Allan for your patience and guidance!