Create Your Legacy of Love

Will you Leave A Legacy of Love? In gratitude for God's many blessings during our lifetime, you are encouraged to create a legacy gift that will continue to support God's Mission and Ministry in the world. In the Diocese, gifts are welcomed to support programs and projects, Anglican Initiatives Fund, the Columbia Coast Mission or Topic.

The related-groups in the diocese are Camp Artaban, Mission to Seafarers, Downtown Eastside Ministry, Vancouver School of Theology, The Coming Home Society, 127 Housing Society and Sorrento Centre.

In your parish, as examples, your gift could support an endowment fund, building fund, ministry programs, outreach projects, youth ministry, the music program or Christian education programs.
Gifts are also welcome in support of General Synod, PWRDF, Anglican Appeal, Anglican Journal or the Anglican Foundation. Of course, we will work with you to ensure that your gift supports the ministry project(s) of greatest importance to you.

When you made a planned gift, it refers to gifts made from assets accumulated during one’s lifetime rather than writing a cheque from current income. Usually these gifts are bequests in a will and are part of an overall estate plan.

 

Legacy Gifts are typically made by:

A Will & Bequest
The last will and testament provides for family and other loved ones. You can leave a gift to the church through a bequest in your will. For more information download our helpful Wills & Bequest Brochure.

Gift Plus Annuity

The Gift Plus Annuity allows a donor to make a charitable donation,  increase income for life, lower income taxes, and avoid future investment concerns through a lifetime annuity. In exchange for your gift, The Anglican Church of Canada buys you a lifetime annuity from a licensed insurance company. The amount of your annuity payment depends on your age and the size of your contribution, but the rate will usually be quite a bit higher than what you now get from your investments, and it is fully guaranteed. It will continue as long as you live, no matter what happens to the economy or to interest rates. For more information, download our helpful Annuities, Trusts, Securities Brochure.

Appreciated Securities

When you donate appreciated securities to the Church, you get a tax receipt for the full market value of the gift and pay NO tax on the gain derived from gifting the securities. It is the most tax-effective way to make a donation. For more information, download our new Annuities, Trusts, Securities Brochure. 

Charitable Remainder Trust

Unlike a future bequest in your will, for which you get no tax benefit now, a charitable remainder trust provides you with a large donation receipt in the year you make your gift and you’ll also continue to receive the trust income for life. On your death, the trust asset goes to the church. You can use cash, securities or real estate to fund a trust gift to the Church. For more information, download our helpful Annuities, Trusts, Securities Brochure.

Life Insurance

Gifts of life insurance truly make an impact on ministry, often for a very small payment. Donors who want to really make a difference to the lives of people in their faith community choose the gift of life insurance to create that impact because they are able to give significantly larger gifts than they might otherwise be able to make. You can write new insurance or use paid up policies that are an idle asset to create a win/win situation for your financial and estate tax planning and for the Anglican Church. Your gift of life insurance could support the national church, the Diocese of New Westminster, your parish or related groups. For more information, download our helpful Life Insurance Gifts Brochure.

Retirement Plan Gifts: RRSPs or RRIFs

It is now possible to leave your RRSP or RRIF surplus to the church—tax free. Ordinarily the surplus, at death, is taxed as income —often at the highest marginal tax rate. By designating your parish or the diocese as beneficiary, you will be creating a significant gift and eliminating the tax payable on death. Probate fees and will challenges are also avoided by choosing this option. Contact the planned giving office for assistance with retirement plan gifts.

 


For More Information Contact:

Glen Mitchell
Director, Gift Planning
Tel: (604) 684-6306 Local (218); Fax: (604) 684-7017

 

 

 

 

 

 

 

 

 

A Good Foundation

As for those who are in the present age rich, command them not to be haughty, or to set their hopes on the uncertainty of riches, but rather on God who richly provides us with everything for our enjoyment. They are to do good, to be rich in good works, generous, and ready to share, thus storing up for themselves the treasure of a good foundation for the future, so that they may take hold of the life that really is life.

1 Timothy 6: 17-19

 

 

 

Ask your Rector or Priest for a copy of Legacy Planner or download a PDF copy from our Publications Page.

 

 

 

The information on these planned giving webpages does not constitute legal or financial advice and should not be relied upon as a substitute for professional advice. The Anglican Church of Canada encourages you to seek professional legal, estate planning and financial advice before deciding on a course of action.

 



GLEN MITCHELL
CFRE, EPC

Glen is the Director of Gift Planning. He is available to assist you in planning your Legacy of Love. He will also visit your parish and give seminars on planned giving including Wills & Bequests, Gift Plus Annuities, Life Insurance gifts and other types of planned gifts. As an Elder Planning Counselor, Glen is an excellent resource when you need help with questions or issues regarding Elders and their needs and expectations. Call him at (604) 684-6306 Local 218 or email him at gmitchell@vancouver.anglican.ca.

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Top 10 Things You Can Do Today To Leave a Legacy

  1. Prepare a will. Without a will you lose control over your property at death.
  2. Leave a gift in your will for the parish that made a difference in your life. Imagine the positive impact on our Christian community if everyone made a gift from their estate to their parish or diocese.
  3. Leave a specific dollar amount or a percentage of the assets in your will to your parish.
  4. Consider using assets for your charitable gift. These include but are not limited to cash, stocks, bonds, mutual funds, term deposits, real estate, vehicles, art, jewelry, or insurance. Such gifts may even provide tax savings.
  5. Name a parish as a beneficiary of your RRSP, RRIF or pension.
  6. Name your parish as the beneficiary of an existing or paid-up life insurance policy.
  7. Purchase a new life insurance policy naming your parish or the diocese as the beneficiary.
  8. Remember loved ones with memorial gifts.
  9. Encourage family and friends to leave gifts to the church in their wills.
  10. Ask your financial or estate planning advisor to include charitable giving as part of their counsel to clients.