Leave a Legacy
You can change the lives of people with a disability for generations to come.
Have you considered the change you could make in our community for people with a disability and their families? For many donors, the best way to accomplish this goal is to make a significant Legacy Gift, knowing that your generosity will help PAACL build a more inclusive future for every person in our community.
What Can You Give?
Bequests – The Simplest Way to Give
By naming the Port Alberni Association for Community Living as a beneficiary in your Will, you can make a significant gift that might not have been otherwise possible during your lifetime. A bequest gift will also generate significant tax credits to help offset the final taxes payable by your estate.
Life Insurance – A Flexible, Cost-Effective Way to Give Generously
By designating the Port Alberni Association for Community Living as the owner and/or beneficiary of your life insurance policy — on which you continue to pay premiums — you will receive a charitable receipt for the fair market value (FMV) of the policy and for all future premiums paid. Alternatively, you may choose to name the Port Alberni Association for Community Living as a beneficiary only, then the policy proceeds will be paid directly to our Foundation upon death and your estate will receive the donation receipt to offset any taxes owing, up to 100% of the taxable income.
Appreciated Securities – Tax Preferred Giving
Funding a charitable gift with appreciated securities (publicly listed stocks, mutual fund units, etc.) can often a better option then a cash/cheque donation, because the capital gain in a gift of qualifying securities is now completely exempt from taxation.
For More Information
Please contact us to discuss your legacy gift options.
Please note that the information above does not constitute legal or professional advice. We encourage you to obtain qualified, legal and financial advice before making a legacy gift.