Planned Giving Opportunities Fact Sheet by JoeyVagana

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									                             Planned Giving Opportunities Fact Sheet
                                             Updated February 2009

The Following information is offered as a guideline – more detailed information is available in our InfoBulletins
                                   and on our website: www.csservices.ca.


                        Is Gift       Income to Donor      Is Gift subject    When is Tax         When can
    Gift Type         Revocable?            during                to            Credit            Charity use
                                          Lifetime?           Probate?         Issued?              Gift?


Outright gift of           No                 No                No                Now            Immediately
property or cash

Outright Gift of                                             No, unless       Now (Plus no
Appreciated                No                 No               gifted         taxes payable      Immediately
Securities                                                  through will        on capital
                                                                                 gains)”

Bequest under a         Yes, by        Yes (property is                       On your final
Will                 changing your     under control of       Usually          tax return       After your death
                         Will            donor until
                                            death)

RRSP / RRIF             Yes, by        Yes (property is         No            On your final
                     changing your     under control of                        tax return       After your death
                      beneficiaries      donor until
                                            death)

Outright Gift of           No                 No                No                Now            Immediately
RRSP Portfolio


CSS Revocable           Yes, the         Yes- income        Yes - only if    Annually for the      Income
Deposit               investment         shared with          gifted to         portion of       immediately
Agreement            remains yours        owner and         charity after    interest shared
                                           charities           death           with charity
     Gift Type           Is Gift       Income to Donor      Is Gift subject   When is Tax         When can
                       Revocable?            during                to           Credit            Charity use
                                           Lifetime?           Probate?        Issued?              Gift?


 Insurance Policy                                                               Now - for
 – charity is              No                  No                No              annual        After your death
 owner and                                                                    premiums you
 beneficiary                                                                      pay

 Insurance Policy     Yes, you make     Yes, if you have                       On your final
 – you are owner,      the choice of   cash in the policy        No           tax return for   After your death
 charity is             beneficiary                                           amount of the
 beneficiary                                                                  death benefit


 Charitable Gift                         Yes - mostly or                        Now, for
 Annuity                   No           entirely tax free        No           minimum 20%      After your death
                                                                                of capital


                                                             Only if it is     Now (or at
 Endowment                                                   established         death if           Income
 Fund                      No                  No           through your       established        immediately
                                                                 Will         through Will)

 Charitable Trust                                                               Now - for
 (gift of cash,                                                               present value
 securities of real        No                 Yes                No           of Remainder     After your death
 estate)                                                                         Interest

 Gift of Residual
 interest (Gift of                                                            Now – for gift
 Property)                 No                 Yes                No            of residual     After your death
                                                                                interest



                                              CSS Staff Can Assist

CSS Representatives are available to discuss any of these options with you to help you determine which giving
vehicle is best for your donor’s personal and family situation. Feel free to refer donors to CSS if you are unsure
of a gift type yourself, or invite a CSS Representative to accompany you on a visit (with the donor’s
permission). CSS can provide most of these tools or refer you to someone who can. Detailed information on
these gifts is also available in the InfoBulletins posted on our website: www.csservices.ca

								
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