Leave A Legacy
There's nothing better than making a lasting impact with a planned gift. Learn more about estate planning and leaving a legacy.
Realize the benefits of giving gifts of registered assets, life insurance policies, annuities, charitable remainder trusts, and charitable bequests.
The most common type of legacy gift is a charitable bequest in a person’s Will. However, Canadians are realizing the benefits of giving gifts of registered assets, life insurance policies, annuities, and charitable remainder trusts.
We can have a conversation with you and your advisers to determine if a legacy gift fits your desires, financial objectives, family needs, tax situation and our funding objectives. All discussions are confidential and will not obligate you to make a gift. To learn more, call us at 705-645-5621.
Power of Wills
If you have assets, you need a Will. Why?
- It can save you money by reducing taxes and administration costs.
- It protects those you care about, whether your family or a charity you support.
- You can decide who will be the executor of your Will, who will look after your kids and who will benefit from your lifetime of work.
But are you like over half of Canadians who might not have planned for the final distribution of the assets that took you an entire lifetime to build?
Many people procrastinate writing a Will because they think their family or the government will look after everything for them, or they just “never get around to it.”
But consider the facts:
- More than 50% of Canadians do not have a Will.
- More than 70% of Canadians do not have Powers of Attorney for Personal Care and Property.
- One in 10 Ontarians over the age of 65 is living with dementia.
- Women represent 72% of all Canadians living with Alzheimer’s disease.
When dementia and procrastination team up, they wreak havoc. If mental capacity issues arise, you will not be able to sign legal documents. Court proceedings may be necessary to access a person’s finances or health records. This process can be time-consuming, expensive and stressful.
To learn more, call us at 705-645-5621 to request our Leave a Legacy Fact Sheets and Will Planning Guide.
The Alzheimer Society of Muskoka strongly recommends that you seek professional advice to ensure your financial goals are considered, your tax situation reviewed, and your legacy gift is tailored to your circumstances.