I was on a website this morning about legacy giving. Don’t know what legacy giving is?
A legacy gift is a planned future gift that designates some part of an individual's estate as a donation to a registered charity.... In some cases, legacy giving can be a source of funding from supporters who haven't had the ability to make a major gift during their lifetimes.
However, like most Canadian Christians, you’ve probably spent a lifetime contributing to a cause that’s close to your heart. Now imagine making a bigger contribution than you ever thought possible, without using any of the money you need during your lifetime, or significantly taking away from your loved ones. You can do both with a charitable gift in your Will. This is Will Power.
Consider an average estate of $845k. You probably want to leave the majority of your estate to your loved ones. But what if you left a small portion of your estate – 5% of it – to your charity of choice? That small percentage translates to a $42,000 donation, a bigger impact than most of us would ever be able to make during our lifetime. Imagine what could be accomplished with a donation that size!
It’s also important to consider that a charitable gift in your Will can go a long way towards reducing the amount of taxes to be levied against your estate after you pass.
The truth is, you could be using your Will to do a lot more. You can take care of your family while making a big difference for the causes you care about.
We all want to help those around us and leave the world a better place. Leaving a charitable gift in a Will is another way to make your mark.
I would love the opportunity to speak to you about your Will Power. Give me a call at 289-812-0661 or send me an email at email@example.com.