Registered Retirement Savings Plans, Registered Retirement Income Funds, and Tax-Free Savings Accounts: often taxed very high; taxes reduced when gifted to the WDMH Foundation.
You can donate registered assets such as RRSPs, RRIFs, or TFSAs either by listing your wishes in your Will or listing the WDMH Foundation as the beneficiary of one of these investments. Gifting all or part of these investments is an effective way to reduce the taxes payable by your estate – and your estate will receive a charitable income tax receipt for the entire value of your gift.
If you are interested in receiving more information, please reach out to Erin Kapcala, Manager of Major and Planned Giving at 613-292-7468 / ekapcala@wdmh.on.ca. We encourage you to discuss your plans with your family, your advisors, and with us.
DISCLAIMER
This information, obtained from various sources, is believed to be reliable, but its accuracy cannot be guaranteed. This information is not intended as legal, financial, or tax planning advice. When considering any planned or legacy gift, you should always consult your professional advisors to determine the applicability for your specific circumstances.