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LEGATO WEALTH MANAGEMENT
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Legato Impact 25
Charitable Legacy Donations

Successful business owners in their 60s have the opportunity to make a valuable difference to the local charity/charities that are important to them using only a relatively small portion of their financial success. By using this strategy to redirect taxes to become donations, this family could significantly benefit the long-term health of these important organizations while enhancing their family's philosophy towards philanthropy and legacy. 

As an example, Legato Impact 25 demonstrates that a 65-year old couple setting aside just $25k annually for ten years from their business savings could achieve these benefits:
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- a total of $750k charitable donation(s) to their favourite charity/charities from their estate,
- a $750k charitable tax receipt that can be used to reduce taxes owed by their estate,
- up to $700k of tax-free dividends paid out to the shareholder(s) of their business, 
for corporately-owned policies.

Impact 25 incorporates two tax credits to convert estate funds that would otherwise have gone to general taxes into charitable donations.

Legato can work in concert with any 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 2025 - 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
    • Premium Deposits
  • Advice
    • Our Process
    • Protect & Prepare
    • Investing in Life Insurance
    • Pro Plan
    • Philanthropy >
      • My PAR Gift
      • What Is My PAR Gift
      • My PAR Gift - FAQ
    • Policy Search
    • Will Search
  • Articles
    • Be The One
    • Part 1: The Estate Freeze
    • Part 2: Investing For The Estate Freeze
    • Unlocking Intergenerational Succession
    • Freeze, Fund, & Feature
    • Tax Apportionment in Estate Planning
    • Beneficiary Designations and Resulting Trusts Revisited
    • Part 1: Legacy Gifting Private Company Shares
    • Part 2: Legacy Gifting Private Company Shares
    • Reduce Estate Shrinkage
    • Take Time For Your Legacy
    • Take Five
    • Look Across
    • Lest We Forget
    • Retirement Income