To leave a legacy that reflects your core values without affecting your current financial situation, planned giving is an excellent option. In addition, you or your estate may be able to take advantage of attractive tax benefits.
The donation can be made during your lifetime or after you pass away. There are several ways to make a planned gift:
- Legacy: In cash, securities or real estate as a percentage of your estate or specific bequest
- Life insurance: A great way to make a substantial donation
- Other: Trust, RRSPs, RRIFs, etc.
What is a planned gift?
- It is a gift that is the subject of financial, tax and/or estate planning.
- It may be made immediately or in the future
- It reflects your philanthropic values and goals
- It takes into account your personal or family fiscal situation
Why a planned gift?
- By conviction and to encourage the next generation of circus artists
- To take concrete action that will outlive you
- To show your commitment and gratitude to the National Circus School and the students
How can I plan a gift?
Before making a planned gift, it is important to:
- Draw up your personal balance sheet
- Consult a professional: notary, life insurance specialist, financial planner or lawyer
- Inform the beneficiary organization and loved ones of your donation