Legacy giving is a way to leave a lasting bequest of generosity to a cause you care about as an important part of your life story. Your gift might also cause others to think about their own philanthropic goals and inspire them to give back as well.
Did you know that including charitable giving within your will comes with significant tax advantages? A charitable will bequest can reduce taxes owing upon death. This results in an increase of the inheritances to loved ones. Leaving a charitable will bequest is one of the most valuable and thoughtful gifts that you can choose to make.
We highly suggest consulting your broker or a qualified financial advisor and we are happy to work with them to find the best solution for you. There are many other ways to support Distress Centres of Greater Toronto through planned giving including donating registered assets (RRSPs, RESPs, RRIFs), donating life insurance, annuities or using charitable remainder trusts.
Please connect with Tara Monks, CFRE, ACNP Director, Resource Development via email at tmonks@dcogt.com to discuss donating securities and mutual funds and further understand how you can tailor your charitable gift to meet your personal and financial circumstances while maximizing tax and other financial benefits.
