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Each week on “I’m a Millionaire, So Now What?”, Colleen O’Connell-Campbell, Wealth Advisor at RBC Dominion Securities, delivers inspirational stories and practical advice to self-made millionaires and wealthy families. With a focus on financial planning and wealth management strategies, Colleen and her guests cover the critical issues that truly matter to you, including succession strategies, family business governance tips, how to cope with fundraiser fatigue, finding your purpose after losing your family business, and much more.

Aug 13, 2019

 

Norm Brownstein is the director of sales at Oberon Capital, where he manages the distribution activities of the firm’s charity and investment products. He previously worked for another flow-through share donation provider, where he was responsible for the education of major gift donors. Norm has a financial career spanning more than 20 years and is the treasurer of the parent council of his children’s school. He has an MBA in finance from the Schulich School of Business, York University and a Bachelor of Engineering Physics from the Royal Military College of Canada.

 

Norm joins me today to share how flow-through strategies are an efficient way to donate. He describes the criteria for people who wish to donate using a flow-through strategy and reveals how flow-through shares work. Norm shares the best time to donate as well as the tax benefits on offers. He also explains how the share-issuing companies benefit from flow-through share schemes.

 

 

“Anyone who is making CAD 300,000 a year and above should consider this because it will reduce your tax bill and leave you with more dollars in your pocket to do the things you love.” - Norm Brownstein

 

 

 

Today on I’m A Millionaire...So, Now What:

 

  • Why flow-through shares are an efficient way to make donations.
  • Who should consider donating using a flow-through strategy?
  • An example of a flow-through donation.
  • The tax benefits of flow-through strategies.
  • The best time to donate.
  • The benefits for companies issuing flow-through shares.

 

 

Norm Brownstein’s Fun Frank Advice for Self-Made Millionaires & Wealthy Families:

 

  • We all want to pay the amount of tax that we are supposed to pay and we often pay more, but we don't need to pay the maximum.

 

 

Connect with Norm Brownstein:

 

 

 

 

 

Book Your Prosperity Discovery Session Today!

 

Are you ready to double your net worth? Ready to create your roadmap to riches or get your financial life back on track? Join me for a Prosperity Discovery Session today! Let’s unlock your roadmap to riches so you can begin to live your life to the fullest. To book your Prosperity Discovery Session, email me at colleen.campbell@rbc.com to request a free questionnaire and let’s begin your roadmap to riches now!

 

Spots are limited, so book your Prosperity Discovery Session today!

 

Get Ready for Fun Networking & Fundraising!

 

Kick off your high-heels ladies, lace up your golf shoes, and get ready for an exciting, fun way to network with your business peers while raising money for a worthy cause. Join me, Colleen O’Connell-Campbell and Shelley True on September 5, 2019 for the all-women’s golf tournament, FORE-Play for Charity - the annual event supporting The Royal Ottawa Foundation for Mental Health.

 

The FORE-Play for Charity event features fun ways to network with other Ottawa-based business leaders such as Open Mic, Cocktail Hour, the Red Carpet event, and a unique Makeup and Beauty Bar as well as a Gala Dinner.

 

So if you’re ready to lace up your golf shoes and tee off to support The Royal Ottawa Foundation for Mental Health, visit www.truedotdesign.com/foreplay to register today - or, become a sponsor to show the community you’re serious about mental health.

 

Be sure to subscribe to our newsletter and follow FORE-Play for Charity on Facebook so you never miss an update on this important event.

 

Registration opens on April 1, 2019

 

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