Remembering the Victoria Cool Aid Society in your will is one of the best ways to leave a legacy of a better future for our community. Long-term affordable and supportive housing, health and dental care, emergency shelter, employment support, and help for people living with mental illnesses are all part of reducing poverty and ending homelessness. All of these essential services are part of Cool Aid’s mission.
A well planned will can minimize taxes on your estate. Giving a charitable gift of real estate or appreciated stocks, for example, provides very good tax benefits and allows you to give more to a charity, your loved ones or both. Planned gifts do not have to be large and often represent just 5-10% of an estate's value. For example, if you have three children, a gift of 5% will reduce the size of bequests to them by just 1.67% each.
We recommend that you seek professional advice when drawing up or revising your will. Your lawyer, financial planner or accountant can advise you on how to obtain optimal tax benefits for your estate while contributing to the work of Cool Aid. Your lawyer can draft or amend your will to include a bequest to Victoria Cool Aid Society or make a planned gift during your lifetime.
Planned giving options include:
- A bequest in your will
- Gift of securities or property - excellent tax benefits
- Life insurance co-beneficiary
- Cool Aid endowment or a special fund
- Capital gift for the Access Health Centre
- Charitable gift annuity
Ask us about recognition and naming opportunities.
Please feel free to call Alan Rycroft or Kathy Stinson at the Victoria Cool Aid Society (250-383-1977) if you would like more information about the society or planned giving options. You can also visit our web site at www.CoolAid.org Email us at donate@CoolAid.org Follow Cool Aid on Twitter @VicCoolAid
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