Make a gift of life insurance and help alleviate human misery.
- Give an existing life insurance policy: Transfer the property of the policy, making the LÉGER FOUNDATION the irrevocable beneficiary. You will receive a tax receipt for any insurance premiums you pay thereafter and for the market value of the policy, plus the interests and other accumulated dividends.
- Buy a new life insurance policy: Make the LÉGER FOUNDATION the beneficiary of a new policy. You will receive a tax receipt for each annual insurance premium paid. Upon your death, the LÉGER FOUNDATION will receive much more than the total amount of the premiums paid over the years, therefore leveraging your gift.
- Make the LÉGER FOUNDATION the beneficiary of the death benefit: You retain ownership of the policy. You do not get a tax receipt for the premiums paid. Only upon your death will a tax receipt be issued for the death benefit, enabling your estate to benefit from major savings in income tax.
- Protect your heirs: Make a bequest to the LÉGER FOUNDATION equal to the death benefit of your life insurance policy. Upon your death, a tax receipt will be issued for the amount of your bequest and your heirs will inherit the death benefit. Both your loved ones and the LÉGER FOUNDATION will receive a lot.
For further information
Call us: we’ll be happy to help you!
Principal Advisor, Major and Planned Giving
(514) 495-2409 poste 138