LEAVING A LEGACY
– By Carol Rame
“We leave this world just as we
entered it – with nothing.
In spite of all our work there is
nothing we can take with us.”
– (Ecclesiastes 5:15 GNT).
P lanning for the inevitable can sometimes make people
feel uneasy or even squeamish. For myself, I tend to lean
towards denial. I like to think that I will always be here for
my children, have a healthy and active retirement, and carry
on with my hobbies and activities like I was still in the glory
days of my youth. The reality is, I need to plan for a life for my
family and the ones I care so deeply about, a life without me.
Often times, when asked the question, “Would you consider
leaving a gift in your will to a charity?” the response from
most is that they would like their loved ones taken care of,
and understandably, that is our main priority.
At times, even the most detailed wills and established plans
to protect our loved ones can have unexpected implications...
We all know the old adage “In this world, nothing is certain
but death and taxes.” as Benjamin Franklin stated. The taxman
cometh.
The implications of estate taxes and capital gains that will
need to be paid upon the deceased, can sometimes squander
what we wish to preserve for our loved ones left behind.
But I have good news! By leaving a legacy gift a charity in
your will, not only will you continue to help maintain the
missions and values you supported with your gift, but your
loved ones will be protected from some of the tax implications
in doing so!
It seems that most tax laws in Canada are quite complementary
to charitable giving, and that includes what you leave behind.
I pray my children, and grandchildren, never have to face
a world where they will have nowhere to go, or nowhere to
turn to if funds are not available to keep these places going.
I want these organizations to be here if they ever need them.
Part of taking care of the next generation is to ensure that
these services and organizations are still here, long after I am
not. Leaving a legacy donation to charities ensures their work
will continue, and people will be taken care of for generations
to come. HOPE is where you leave it, so it can continue on.•
Together we can ensure
there will be a better tomorrow.
we a can
there
Please Together
consider leaving
legacy ensure
gift in your
will to will be a bett
Please consider
leaving Army.
a legacy gift in your will to
The Salvation
For more information on charitable gifts
For More
on contact:
charitable gifts and legacy givin
and
legacy Information
giving please
Carol
Rame
905.521.1660 ext
or [email protected]
Carol
Rame
905.521.1660
ext 122
122
or email: [email protected]
SalvationArmy.ca
SalvationArmy.ca
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* Arbor Memorial Inc. survey of 1,002 Canadians
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December 2013.
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Carol Rame is a Senior Gift Planner with The Salvation Army.
905-521-1660 x 122
Arbor Memorial
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