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LEGATO WEALTH MANAGEMENT
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Legato CPP
Charitable Impact Using The Canadian Pension Plan Benefit. 

In Canada, a married couple retiring at age 65 can receive up to $28k per year of Canadian Pension Plan (CPP) retirement pension income. 

Successful people who "do not 
need" that extra income to enjoy their retirement have the opportunity to create a significant  donation to their favourite charity. In doing this, they can use those monies to do any of the following; 
​
- a $1.5M charitable donation to their favourite charity(s) from their estate,
- a $1.5M charitable tax receipt that reduces taxes owed by their estate,
- up to $1.3M of tax-free dividends paid out to the shareholder(s) of their business, 
for corporately-owned policies.

The combination of
 the tax deductions offered by Canadian life insurance and the incentives we all have to make charitable donations make these opportunities possible. 

Legato works in concert with tax accountants and estate lawyers to facilitate this opportunity on a case-by-case basis. 

    Complete this form and we'll get in touch with you to discuss more about Legato CPP!

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Copyright 2022 - Legato Wealth Management Inc.

Copyright 2023- Legato Wealth Management Inc. 

  • Home
  • About
    • Mission & Principles
    • Our People
    • Strategic Relationships
    • Community
    • Learning & Connecting
    • Contact
    • Meeting Legato >
      • Pre-Application Review
      • Application Process
      • Meeting Checklists
      • Parking
      • Review Online
  • Solutions
    • Invest For Succession
    • Legato "Fund" for Estate Freeze
    • My PAR Gift
    • Philanthropy
    • Creating & Distributing Wealth
    • Legato Plans
    • Steps to Legato1
    • Policy Search
    • Will Search
  • Articles
    • Freeze, Fund, & Feature
    • 70 Years and 214 Days
    • Tax Apportionment in Estate Planning
    • Beneficiary Designations and Resulting Trusts Revisited
    • Reviewing A Shareholder's Agreement
    • Part 1: Legacy Gifting Private Company Shares
    • Part 2: Legacy Gifting Private Company Shares
    • Life Insurance As Fixed Income Plus
    • Smooth Transitions
    • Reduce Estate Shrinkage
    • Take Time For Your Legacy
    • Take Five
    • Inheritance & Taxation
    • Cash Me If You Can
    • Think Wider
    • Succession Planning
    • Legato 3
    • Retirement Income
    • Look Across
    • Lest We Forget
    • Partners In Search For A Cure