There are many personal opinions that surface with respect to charities and how it should be done, so some introspection is required to ask yourself what your preferred method of strategy for binary options giving would be. It is a good idea to ask your favourite charities how they would like their donations - lump sum versus frequently, and assets versus cash. Some charities have difficulty dealing with large sums of money because they may not have the facilities to allocate it where they need it. Other charities may have unpredictable funding from other sources if large sums are donated which would disrupt their cash flows. Depending on the type of donation, a charity may earmark it for different uses and this would facilitate how the donations get utilized.
If I Give Donations at the Time of My Death, How Should I Do it?
Donating Your RRSP
What about donating RRSP, RRIF or LIRA accounts to charity? Why do this? These accounts may be taxed heavily depending on your income at the day of death and on the remaining balance at the day of death. This strategy is similar to donating shares that have large unrealized capital gains at death which could be nullified if the shares were donated to charity prior to sale.