Prepare a will. Only 50% of those who pass away have one. Without a will, you lose control of the possessions you've worked a lifetime to acquire.
Leave a gift in your will for the charitable organization(s), which made a difference in your life. Less than 3% of wills settled contain a charitable provision. Imagine the positive impact on our community if everyone made even a modest donation to the Atikokan General Hospital Foundation, or other charity of their choice.
Leave a specific dollar amount or a percentage of the assets in your will to your favorite charity. The provision can be part of a new will or added to your existing will as a codicil.
Consider using assets for your charitable gift. These can include - but are not limited to - stocks, bonds, real estate, vehicles, art, and jewelry. Such gifts may even provide tax savings.
Name your favorite charity as the beneficiary of your RSP or pension plan.
Purchase a new life insurance policy naming your favorite charity as the beneficiary.
Name your favorite charity as the beneficiary of an existing life insurance policy.
Remember deceased loved ones with memorial gifts to charities.
Encourage family members to leave gifts to charities in their wills.
Ask your financial advisor to discuss charitable giving when counseling other clients.