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L.D.C.E.F.
FoundationiHomeiPageiiiiiii
How to Donate
Christian Stewardship
Services
Types of Gifts
Bequests
Securities
Insurance
RRSP
About the Foundation
Schools
Directors
Finances
Principles of
Planned
Giving
Contact Us
London District Christian
Education Foundation
24 Braesyde Avenue
London, Ontario,
Canada N5W 1V3
Email Address:

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christian
education foundation |
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Charitable
Bequests
A Charitable Bequest is perhaps the simplest form of
planned gift to arrange. It is a gift made through a person's last will
and testament. A bequest usually is a percentage of the donor's estate
which is given after family needs are cared for. It can also be a gift
of cash, real estate, or other property.
One approach is to "adopt a child called charity" and
include that "child" in the will. The donor's preferred charities
(such as the Foundation) would
receive a share equal to that received by each of the donor's children.
The following example demonstrates the power of this type
of gift:
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Tom and Wilma have four
children, and their estate is worth $500,000 including $100,000
in RRSPs. |
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Plan Without Charitable Gifts:
Amount to charity: $0
Income tax: $50,000
Amount to each child:
$112,500 |
Plan With "Child Called Charity":
Amount to charity:
$100,000
Income tax: $0
Amount to each child:
$100,000
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Click here for a detailed fact sheet
from Christian Stewardship Services.
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