Types of planned gifts

Bequests

 

The most common legacy gift, a charitable bequest, is a donation made through your Will. A bequest in your will can create a lasting legacy and support the Society in an incredible way.

 

You can:

 
  • Give cash, an asset or a share of whatever remains after estate expenses and other bequests are paid from the estate.
  • Set up a trust that pays income to a loved one for life with a gift of the remainder to the Society.
  • Make your gift contingent, payable only if your other beneficiaries do not survive you.
 

Including a gift in your will is one of the easiest ways to plan a gift to the Alzheimer Society of B.C. We have prepared sample will wording for use by the lawyer or notary who drafts your will. If you plan to establish an endowment or to place any restrictions on your gift, please contact us before finalizing your will to ensure that the Society can accommodate your wishes.

 

Make a Will Week occurs in April each year in British Columbia to encourage people to write a will or revise an existing will. Studies show that just 55 per cent of British Columbians have a signed, legally valid, up-to-date will. A will ensures that the people and organizations you cherish most receive the benefit of your estate. Read more about the importance of having a valid will here

Life insurance

 

You can plan a generous gift and receive tax benefits in the future. For example, you can designate the Alzheimer Society of B.C. as a beneficiary on a policy you own. The Society will receive a future gift and your estate will receive a tax benefit

Charitable gift annuities

 

Annuities allow mature donors to make significant gifts and still have enough income to live comfortably. They offer a rate of return higher than GICs and term deposits, without increased investment risk, and without the need to make ongoing investment decisions.

 

If you find these advantages appealing and you are interested in making a donation to the Alzheimer Society of B.C., combining a charitable gift with an annuity might work well for you.

Publicly traded securities

 

For information about donating publicly traded securities, go to our securities page.

Registered investments

 

One of the easiest ways to help people living with Alzheimer’s disease and other dementias is to designate the Alzheimer Society of B.C. as a beneficiary of your RRSP, RRIF or TFSA. This valuable future gift to the Society will offset income tax that your estate or your spouse’s estate will eventually pay on these assets.

Endowments

 

When you create an endowment, the principal amount of your gift is invested and only the income can be used for our vital programs. With this type of gift that continues to give year after year, you offer a perpetual source of hope for those living with Alzheimer’s disease and other dementias. Various tax benefits apply, depending on the way the donation is made.

 

You can be confident that your gift will improve lives, and that its value will be maximized over time by a respected investment management group, guided by the policies of the Alzheimer Society of B.C.

Charitable remainder trusts and gifts of residual interest

 

Charitable remainder trusts and gifts of residual interest allow donors to receive an immediate tax benefit and continue to enjoy the benefit of their property during their lifetimes. These gifts often appeal to mature donors who would like to continue receiving an income from their assets or enjoying their property, and are interested in reducing the amount of income tax they pay.

Circle of Hope

As our way of saying thank you, donors who include the Alzheimer Society of B.C. in their estate plans become members of the Circle of Hope.

 

The Circle of Hope is a recognition program that honours our dedicated friends who have planned a gift to the Alzheimer Society of B.C. Becoming a member of the Circle of Hope is simply a matter of letting us know that you have made the decision to support us. We do not need to know the specific details.

 

You can, of course, choose to remain anonymous, but by allowing us to honour you publicly in ways that suit you, we hope that other supporters will also be inspired to leave a legacy to the Society.

 

If you wish, please consider completing the attached Bequest confirmation form and forward it to a Gift Planning Officer to discuss (contact details below).

 

Thank you for considering a gift to the Alzheimer Society of B.C. We would be happy to give you information on the ways you can give, but we do not provide specific legal or financial advice. For help in preparing your gift, please consult a qualified professional.

   

For more information about your planned giving options, contact:

 

Leona Gonczy, PFP
Gift Planning Officer
Phone: 604-742-4926
Toll-free: 1-800-667-3742
Fax: 1-800-667-3742
Email: [email protected]


Last Updated: 07/16/2020