Leave a legacy. Plan for a future gift.

• Leave a gift in your will
• Donating a life insurance policy
• Donate a TFSA, RRSP, or RRIF

Support Breast Cancer Canada with a future gift to create a better future for breast cancer patients. Your gift helps to save lives through early detection and improve outcomes with better treatments.

or more information, please contact: hello@breastcancerprogress.ca

LEAVE A GIFT IN YOUR WILL

This is often called a bequest. It’s the simplest way to make a legacy gift. A gift in your will has no effect on your current income and your estate receives a charitable donation tax receipt. Here’s a sample of simple bequest wording : “To pay the sum of $_________ OR _______% of the residue of my estate to Breast Cancer Canada.”

Charitable Registration Number: 13796 9861 RR0001

DONATING A LIFE INSURANCE POLICY

Life insurance is a way to provide financial security for your family. If the needs of your family are already taken care of, a life insurance policy is a smart way to donate to charity including tax savings for your estate. Speak to your financial advisors for your personalized advice and learn how a gift of life insurance can work for you. Here’s the top-line on ways of leaving gifts of life insurance:

Bequeath your policy to Breast Cancer Canada for the future:

• Name Breast Cancer Canada as the beneficiary of your policy. BCC will receive your insurance proceeds tax-free. Your estate will receive a donation receipt.

Transfer ownership of a paid-up policy to Breast Cancer Canada now:

• Want to gift us your existing, paid-up policy right now? Make Breast Cancer Canada the beneficiary and owner of your policy. You will receive a donation receipt for the fair market value of the policy. BCC may redeem the policy now, or hold it and receive the face value in the future – however your gift can be put to best use.

Transfer ownership of a policy on which premiums are still owing to BCC now:

• Premiums still owing? You can still opt to transfer your policy ownership to BCC. You’ll receive a donation receipt for the policy’s fair market value. Want to make it an ongoing gift? Transfer the ownership to BCC, and still continue to pay the premiums owing. You’ll receive donation receipts for those payments too.

DONATE A TFSA, RRSP, RRIF

Register a significant difference in the lives of those affected by breast cancer. Donate the proceeds of a registered account: Tax-free savings account (TFSA); Registered retirement savings plan (RRSP); Registered retirement income fund (RRIF). It’s a smart way to make a major contribution. Without reducing your current assets. Without subjecting the funds to probate fees. While reducing taxes on your estate through a donation receipt.

Making a gift like this is easy. Designate Breast Cancer Canada as the beneficiary of your registered account.  You benefit from the full use of your account(s) during your lifetime. We receive any remaining funds after your passing.

You can also choose to make an impact during your lifetime by donating proceeds from your RRSP or RRIF at the same time you are withdrawing and paying tax on them. This approach allows you to convert taxable income into a meaningful charitable gift while offsetting the tax you owe with an immediate donation receipt. Instead of seeing a portion of your retirement funds go entirely to taxes, you can direct those dollars toward advancing breast cancer research and improving the lives of Canadians affected by the disease. It’s a powerful way to create progress now, maintain full control of your assets, and reduce your overall taxes, all while helping drive new discoveries for better screening, detection, treatment and survivorship.

For more information, contact: hello@breastcancerprogress.ca

Charitable Registration Number: 13796 9861 RR0001