Orooj Financial’s Zahid Syed CLU, MFA-P recently delivered a compelling presentation on Estate Planning and Creative Philanthropy to the Rotary Club of Mississauga. The presentation highlighted the importance of thoughtful estate planning and explored innovative ways to integrate charitable giving into financial strategies.
Zahid, shared his expertise with the Rotary Club members, emphasizing the significance of having a well-structured estate plan. He discussed various strategies for managing assets, minimizing estate taxes, and ensuring a smooth transition of wealth to beneficiaries.
A key focus of Zahid’s presentation was on “Creative Philanthropy.” He explored how individuals can integrate their charitable goals into their estate plans, maximizing their impact while achieving their financial objectives. This could involve strategies such as:
- Charitable Bequests: Leaving a portion of one’s estate to a chosen charity.
- Donor-Advised Funds: Establishing a fund that allows for flexible and strategic giving over time.
- Charitable Trusts: Creating a trust that provides income to the donor or their family while also supporting charitable causes.
