Ways to leave a legacy
A gift in your will
Reap tax savings by giving World Animal Protection a percentage of your estate, a lump sum, or another asset, through your legal will.
RRSP or RRIF
Designating World Animal Protection as the beneficiary of your registered plan is meaningful alternative to a cash gift.
A gift of life insurance
When you give a gift of life insurance, you can bring about significant tax savings, either immediately or in the future. It is as simple as transferring ownership of an existing policy, donating a new policy, or donating the proceeds of the life insurance to protect animals worldwide.
A gift of appreciated stocks
Benefit from both an exemption on capital gains tax, and greater tax saving than donating the proceeds of liquefied stocks.
A donation of appreciated stock to World Animal Protection can deliver a tax credit greater than the value of your original investment.
Securities options and tax implications
|Sell securities, then gift cash||Gift securities in kind|
|Gift received by charity (cash or in kind)||$100 000||$100 000|
|Taxable capital gain (50% if sold; 25% if gifted)||$50 000||$25 000|
|Tax re gift: (50%)||$25 000||$12 500|
|Donation tax credit (50%)||$50 000||$50 000|
|Net tax savings after gift**||$25 000||$37 500|
|Net after-tax asset value given up||$75 000||$62 500|
Tax savings realized by gifting securities in kind
Note: Gifts of appreciated securities may give rise to alternative minimum tax.
Need more information? Please call Jackie Mersereau at 416 369 0044 x122 or email firstname.lastname@example.org.
Request your free information pack
Fill out our form to receive your free information package for easy and meaningful giving, or contact Vanessa at World Animal Protection to learn how you can help shape better lives for animals in need. We'd love to hear from you!