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Estate Planning

Situations have arisen in the past where money was left to the Archdiocese of Toronto for the education of priests. That will involve money going to St. Augustine’s Seminary, but the archdiocese still has to make sure the money goes for the purpose it was intended.

Good pre-planning avoids estate pitfalls

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It happens often that a deceased person leaves a sum of money to support a broad cause without naming a specific charity.

Taking the mystery out of probate fees

Taking the mystery out of probate fees

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If people think they will no longer be paying taxes upon death, they are sadly mistaken. As Benjamin Franklin wrote, “in this world nothing can be said to be certain, except death and taxes.” 

What to know about donating real estate

What to know about donating real estate

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Donations of real estate are a popular way to benefit a favourite charity.  Here are some of ways to donate real estate and the tax implications of this type of gift:

Jazmin Torres, right, and her friend Sara share a table at the St. Paul’s Breakfast Club.

St. Paul's Breakfast Club satisfies appetite for giving

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There already were a few children in line making a bowl of cereal or waiting for the toaster to pop when Jazmin Torres burst through the basement doors at 7:42 a.m. St. Paul’s Basilica in the Corktown neighbourhood of East Toronto.

St. Patrick’s Church in downtown Toronto.

Here’s an excellent way to ‘bond’ with parish

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Stocks, bonds and mutual funds make great gifts — just ask the parishioners at St. Patrick’s in downtown Toronto.

The many ways of giving

The many ways of giving

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An estate gift to your parish or favourite charity can be your way of expressing what was important in your life. What follows are some of the ways people choose to remember charities in their estate plan.

Church buildings are also being transformed in small and big ways all over Toronto and the surrounding towns, thanks to the $171-million dollars collected by the Family of Faith campaign.

Family of Faith is transforming parishes

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For many Toronto-area Catholics, the Family of Faith campaign may be a distant memory, or it may be a memory that comes back once a month as their pledge makes its regular visit to their bank account.
Downsizing is always a difficult task, but when you know a move is coming, it’s best to get started ASAP.

Now is the perfect time to 'downsize'

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There is no time like the present to start thinking about downsizing. 
Pope Francis blesses a sick child in Paul VI hall at the Vatican Dec. 15, 2016, during a meeting with patients and workers of Rome's Bambino Gesu children's hospital.

Palliative care offers a final healing

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Since my return to parish ministry after some years as a hospital priest, I have continued to minister to patients receiving palliative care in hospitals, long-term care facilities and in their own homes.
Hand of seminarian William Carmona in an intensive care room at Christus Santa Rosa Medical Center in San Antonio Sept. 7, 2014.

Dying without a Will creates many issues

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If you die without a Will, you are considered to have died “intestate.” While dying intestate does not mean your estate goes to the government, it does mean that you lose the ability to decide who will benefit from, and manage, your estate.
People use their smartphones to take photos in Paris, France, Oct. 1, 2017.

An executor must deal with digital footprint

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In this digital age, it is the rare person who does not have some form of digital footprint. Facebook, Twitter, LinkedIn and others are part of everyday life for most people.
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