Legacy giving is a way to donate to a charity or non-profit organization in your last will and testament. It can be a piece of property, cash, or a percentage of your estate.
Legacy gifts play a key role in supporting charitable organizations, yet many people don not know that it is
an option, how it is paid out, or the tax benefits of these gifts.
People often worry that leaving a legacy gift means that there will be less to give to their loved ones. The truth is, you can make a legacy gift without taking away from the gifts left to your family and friends.
The Canadian government has created valuable tax incentives to encourage Canadians to leave legacy gifts. When you leave a legacy gift, your estate receives a tax receipt for the full value of the gift, which adds a tax credit to your final income tax return. This can help to maximize the value of your residual estate for your beneficiaries.
From Willful.co
Your legacy gift can transform the lives of vulnerable youth for generations to come. By supporting Living Rock Ministries, you're investing in the future of our community and leaving a lasting legacy of hope and opportunity.
How to Give:
At Living Rock Ministries, we are deeply grateful for the generosity of our legacy donors. Your support enables us to continue serving vulnerable youth and making a positive difference in our community. If you have any questions about legacy giving or would like to discuss your philanthropic goals further, please don't hesitate to contact us.
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