Legacy Gifts: Bequests and Insurance.
Bequests in your will and insurance polices can be an excellent source of major funding for charities.
One benefit of a Canada Gives account is the flexibility to make changes to your giving strategy without having to change your will, if Canada Gives is the beneficiary.
In many cases, life insurance may be the most economically efficient method to bestow larger and more enduring gifts while enjoying current and or futute tax savings.
There are a number of tax and estate planning strategies that can work with Canada Gives accounts as a beneficiary or as owner and beneficiary. We encourage you to contact your professional advisors.