While your estate remains responsible for satisfying the income tax liabilities of your retirement assets arising on your death, the proceeds may flow directly to Western, potentially protecting the gift from the claims of creditors and other estate beneficiaries.
Naming a charitable organization, such as Western, as beneficiary of your retirement plans would result in a charitable donation tax credit that may offset taxes owed and, since the funds would not pass through your estate, they would not be subject to probate and other estate costs.
To ensure that your particular needs are met, you should consult your pertinent advisors. You should also contact the Bequests and Planned Gifts team to let us know about your intentions. Not only can we assist you in making sure things move along smoothly, we also need to discuss how you would like the eventual residual proceeds from your retirement benefits be put to use. It is also important for us to know whether you wish to be recognized for your contribution or prefer to remain anonymous.
Statement of Intent - We would love to know if you have already included Western in your estate plans.
Please contact our Bequests and Planned Gifts team for more information: Jane Edwards (519-661-2111, ext. 88829 or firstname.lastname@example.org), Mike O’Hagan (519-661-2111, ext. 85595 or email@example.com) or Carole Stinson (519-661-2111, ext. 85696 or firstname.lastname@example.org).
Logging into the Giving to Western web site at www.giving.westernu.ca allows you to:
What about my privacy?
Need help with your User Name or Password?
Please use the Trouble Signing In? link to recover your User Name and/or Password.
HINT: User Names are often the email address at which you receive emails from Western.
If further help is required, please send an email to email@example.com. We are usually able to respond the same day during the week. Inquiries received during a weekend or on a holiday are addressed the first day back at work.