| There are many different ways to make a planned
gift. While we are pleased to provide you with a general outline of
gift planning options, we strongly recommend that donors who are
considering a planned gift review their situation with their lawyer,
accountant, financial planner or other professional advisor.
Gifts of Life Insurance
Many of us have policies that are no longer needed for their
original purpose such as family protection, education or retirement
security. These policies may be changed so that the policy is made
payable to a charitable institution instead of the original beneficiary.
Wildlife Habitat Canada can also be made the owner and direct beneficiary
of a new or existing life insurance policy. This enables a donor
to make a substantial gift for a modest annual layout. After a life
insurance policy is set up with a charitable organization designated
as the owner and beneficiary, all premiums paid on the policy are
deemed to be a charitable donation and will produce a charitable
donation deduction on the donor's annual income tax return.
Whichever method you choose, life insurance is a way of providing
for a substantial gift to Wildlife Habitat Canada.
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