Planned Giving is a way to make a gift while also receiving a financial benefit. Markhaven recognizes donors to this program as The Markhaven Friends of the Future. You may choose to benefit the Markhaven Foundation using one or more gift planning methods:
A bequest is a gift by will. It is a giving option that easily accommodates personal and financial interests. You can take into account specific financial considerations when you make a gift through your will. You have the advantage of arranging a gift to the Markhaven Foundation now, while still maintaining your future financial security.
A gift of life insurance is an affordable way for you to leave a lasting and significant legacy economically. With appropriate planning, it may also lower probate fees and income taxes to your estate.
A gift of real estate may allow you to make a substantial difference to Markhaven Home for Seniors without touching your liquid assets. Such a gift will result in a tax receipt for the fair market value and your cash flow may actually increase without the upkeep costs you are paying now. Or perhaps you would like to gift your real estate while continuing to live there as long as you wish. You would still need to pay the upkeep costs, but the immediate tax relief could assist with the costs of maintaining the property while you continue to occupy it.
A gift of marketable securities is a simple way to support Markhaven Home for Seniors. Appreciated stocks and bonds, next to cash have become the most popular gifts made to charity because they offer you new and immediate tax advantages as well as preferred tax rates.
An Annuity is a unique gift plan that enables you to make a significant gift and enjoy the benefit of added security of receiving guaranteed income for the rest of your life. When the tax advantages are considered, you may find that your net return is actually higher through a gift annuity than what you’d earn on a similar sum invested in a vehicle such as a GIC.
Should you choose to benefit the Markhaven Home for Seniors through The Markhaven Foundation, using one or more of the gift planning methods outlined above, please call:
- The Markhaven Foundation
- (905) 201-3375
We will be pleased to guide you through the process.
John Webster – Chair
Planned Giving Program