Other Ways to Leave a Legacy
Charitable Remainder Trusts
You can create a trust to support Wildlands League and receive interest for life, or a set term of years. You are entitled to a donation receipt at the time that the trust is established, and Wildlands League will receive the remaining balance in the trust upon your death. A trust can be funded with cash, securities or other investments and will provide tax relief today and create a legacy for tomorrow. Ask your financial advisor for additional information.
RIFFs and RSPs
RRSPs and RRIFs are taxed as income when an individual dies. This can result in the loss of nearly half of the funds to taxation in many cases. You can simply designate Wildlands League on the beneficiary selection form of your RRSP or RRIF (depending on the financial institution) or you can make a gift in your Will that equals the proceeds of your retirement plan. Your estate will receive a charitable tax credit which can, depending on the circumstances, reduce or eliminate taxes owed by your estate.
To find out more about making a Legacy Gift to Wildlands League please contact Janet ext. 39 at 416-971-9453.