Leave a Legacy

There are many options to leave a legacy and ensure Copernicus Lodge continues to be a place to call home for generations to come. Here are some ways you can consider making this future gift. If you have any questions, please call us at 416-536-7122 ext. 252 and be sure to talk to your financial advisor about the benefits of making a planned gift.

The most common and easiest way to make a planned or legacy gift is a bequest in a will. A bequest can significantly reduce the tax payable on your final income tax return and leave more funds for your benefactors.

Gifts of a new or existing life insurance policy can be made naming Copernicus Lodge as the beneficiary. This support builds towards a sizeable gift in the future by making relatively small premium payments today. Copernicus Lodge can also be named as the beneficiary of a
RRSP or RRIF.

Making a gift of securities to Copernicus Lodge can be more advantageous than donating cash. By donating publicly traded securities, you eliminate the capital gains tax that you’d have to pay if you sold the securities and then donated the proceeds. You’ll also receive a charitable tax receipt for your donation. Securities can include stocks, mutual funds, segregated funds, bonds, flow-through shares, and employee stock options.