A flexible and tax-smart way to make a charitable gift.
Canadians who are interested in leaving a substantial future gift to a charity should consider the leverage and tax benefits of life insurance. It could be a new life policy or an existing one.
There are two common ways to structure a donation of a life insurance:
1. Name the charity as the owner and beneficiary of the life insurance.
2. Name the charity as the beneficiary but NOT the Owner of the life insurance.
Both ways result in a valuable future gift to the charity of your choice. They offer different tax and charitable planning benefits. The structure chosen depends on your goals.
For more information contact:
Ivan Arturo Burbano BAS (Hon), CLU, CFP I Direct (416)786-6965 I Ivan.Arturo@sunlife.com Indira Ramos Doria B.sc (Educ.) I Direct (647)703-7385 I indira.ramos.doria@sunlife.com
www.sunlife.ca/ivan.arturo
