Posted AT 12:00 AM EST on 22/03/08
Civil servants want to donate to charity
In Ottawa, a couple we'll call Irene and Mel, both 56, are thinking about retirement. Senior civil servants in the federal government, their combined income last year was $249,500. They have a house they estimate is worth $750,000 and financial assets that total $741,600. They want to devise a way to give half their estate to charity one day and the other half to their nieces and nephews. They have no children of their own.
“We believe in giving back,” Irene says.
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