Gifts made as part of your overall financial plan, which can benefit you now and Little Flower Academy later, are known as “planned gifts.” Planned gifts are most often gifts of capital, such as bequests or life insurances rather than cash. Many people, after they have provided for their loved ones in their will, also wish to leave something to a non-profit organization that they hold dearly and value greatly.
Not only does planned giving allow you to provide future support for the areas and programs at LFA that are most meaningful to you, but you may find that it allows you to support with a larger gift than you might have thought possible. Ultimately, a planned gift is a statement of one’s values and beliefs and an extension of one’s self; of how one wishes to be remembered.
Planned gifts can offer the following benefits:
- Provide a legacy to Catholic girls education in British Columbia
- Provide lifetime income for you and, if you wish, another beneficiary
- Give you immediate tax relief
- Enable you to turn low-yielding assets into a higher income stream
- Reduce estate taxes