Planned Giving

Giving a bequest gift in your will allows you to make a charitable contribution which may not be possible during your lifetime, and to reduce the tax payable on your estate.

Many Canadians own some type of life insurance as it allows for the accumulation of tax-sheltered funds and provides heirs with quick access to financial resources. A gift of life insurance may be appealing if a donor is under 50 and in good health, would like to make a large gift for a relatively small financial outlay, and their family no longer requires the insurance proceeds.

For more information please contact their insurance agent, accountant or financial advisor.

Many Canadians have savings in Registered Retirement Savings Plans (RRSP), but RRSPs and RRIFs (Registered Retirement Income Fund) often create large tax liabilities in the year of death since the entire amount of the plan is included in your income in one year. Arranging for a donation of all or a percentage of your RRSP or RRIF to ABLE2 Ottawa upon your death is an effective way to reduce the taxes payable by your estate.

For more information about how to take full advantage of gifts of registered plans (RRSPs and RRIFs), please contact your insurance agent, accountant or financial advisor.

A charitable gift annuity can benefit both donor and ABLE2 Ottawa. Depending on donor’s age, a charitable annuity allows him/her to save tax, enjoy a guaranteed income for life and give a gift today.

For more information about charitable annuity please contact your insurance agent, accountant or financial advisor.

Gifts of residual interest refer to an arrangement under which property, such as a home or farm, is irrevocably deeded to ABLE2 Ottawa. Once the asset has been irrevocably transferred to ABLE2 Ottawa, you are entitled to a tax receipt for the present value of the residual interest. This tax receipt is based on a Canada Revenue Agency formula. You then retains the use of the property for your lifetime or for a predetermined period. ABLE2 Ottawa is free to make use of the property or sell it after the specified time period or after donor pass away.

For more information please contact your accountant or financial advisor.

A charitable remainder trust is a way of giving assets to ABLE2 Ottawa through a trust agreement. A charitable remainder trust can be established by contributing bonds, stock securities, mutual funds or real estate to a trustee who holds and manages it. Yous may choose a charitable remainder trust because you have an asset that you would eventually like to give to us, but need the income it now provides, or do not wish to part with your asset right now.

For more information please contact your accountant or financial advisor.

A named or endowed fund is a long-term fund. Investment income from the fund can be used for a purpose that the donor usually designates. Each year, ABLE2 Ottawa could use income from the endowments to support a variety of research and program needs. Endowment funds can be established in honour, or in memory of a donor, family member or loved one, and often represent a lasting tribute and a personal story or accomplishment.

For more information please contact your accountant or financial advisor.