The Benefits of Leaving a Legacy
A recent article by Jim Tyson, Senior Consultant with the Investors Group in South Cowichan Life Magazine provided a number of great options (for donors of all ages and budgets) to make a difference and minimize taxes.
Did you know that naming a recognized charity as a beneficiary in your will could reduce or eliminate the income tax on your final return? Or that donating publicly funded stocks or securities will entitle you to a tax receipt for the full value without capital gains tax? How about the fact that you can name a charity as the recipient of your life insurance policy, allowing access to certain tax credits?
Still in the dark? All this and more will be covered by our expert panel presentation preceding our AGM on March 6 in the CTRA lounge. Join Jim Tyson with Attorney Elizabeth Robinow and Notary Kate Roome in learning how just about anyone can donate to charity, starting today – and benefit from it!