The following are only guidelines, and we always recommend seeking advice of your lawyer or financial planner.
You may make a gift during your lifetime or at death through your Will. Substantial gifts can be made without an immediate outlay of cash/assets, thereby protecting your immediate financial security. Most gifts provide attractive tax advantages. Your gift to the Diocese of Toronto can be done in several ways:
- A bequest in your will
- A life insurance policy
- Charitable remainder trusts and gifts of residual interest
The Canada Revenue Agency has several publications that outline the rules for charitable tax credits. They are available free of charge at your district taxation office. Or, consult your financial advisor.
For more information, please contact Peter Misiaszek, Director of Stewardship Development, 416-363-6021 ext. 246 (1-800-668-8932).