Did you know that May is officially Leave a Legacy month?
Leave a Legacy is a national, community-based, public-awareness campaign of the Canadian Association of Gift Planners (CAGP). This campaign encourages Canadians from all walks of life to consider leaving a gift in their Will, or another type of planned giving vehicle, to a charitable organization of their choice.
Any individual can plan a legacy gift, regardless of current assets or income. Legacy giving provides you with the opportunity to support a charity or cause you believe in, often in a way that you might not be able to accomplish during your lifetime.
What can you do to leave a legacy gift?
- Prepare a Will.
- Leave a gift in your Will for the charitable organization that is making a difference in your life or the life of someone close to you. You can choose to leave a specific dollar amount or a percentage of your assets.
- Purchase a new life insurance policy naming a charitable organization as the beneficiary or name a charitable organization as the beneficiary of an existing life insurance policy.
- Name a charitable organization as a beneficiary of your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) or pension plan.
- Encourage family and friends to leave gifts in their Will to a charitable organization.
- Ask your financial or estate planning advisor to include charitable giving as part of your overall financial plan.
- Consult the appropriate professional advisors to ensure the type of gift maximizes the advantages both to you and to the charitable organization.
Leaving a gift to Parkinson Canada in your Will is a simple and powerful way to be remembered.
You have the ability to provide hope for people living with Parkinson’s disease and create a legacy that will last forever. If you are thinking about making a planned gift to Parkinson Canada, you should seek expert advice from a tax specialist, financial planner, or a lawyer.
If you would like more information on leaving a gift to Parkinson Canada in your own Will, call Sue Rosenblat at 416-227-3386 or 1-800-565-3000 ext. 3386, or email Sue.Rosenblat@Parkinson.ca