What better way to commemorate a lifetime of good memories and successes, or perpetuate the memory of a loved one, as well as secure your wishes for the future, than with a planned gift to Circle Drive Alliance Church. Through your gift, your name and generosity live on via CDA's ministries. At the same time, your planned gift may protect your assets from taxes and other expenses.

After providing for your loved ones, there are numerous ways to help CDA's crucial programs continue in your memory.

This page outlines the various ways that you can make a charitable planned gift to help ensure that Circle Drive's essential work will continue.

Wills and Bequests

A bequest to Circle Drive Alliance Church in your will is one of the most popular ways of leaving a legacy for the future.

The importance of having an up-to-date will cannot be overestimated. Through your will, you can make provisions for:

• the financial security of your family
• the naming of guardians for young children
• property distribution
• funeral instructions
• financial gifts to causes that you support to ensure that your beliefs live on and the work you supported in your lifetime will continue.

Unfortunately, a high percentage of Canadians die without a will (intestate). The probate process for an estate without a will can be costly and time-consuming, and will not take into account your personal wishes and priorities.

By constructing your will carefully, you can avoid excessive taxes. For example, a charitable bequest can reduce the final tax burden of your estate by as much as 100% of your income in the year of demise and the previous year.

We recommend that you seek the professional advice of your family lawyer and a financial advisor when drawing up your will. Your lawyer can draft or amend your will to include a bequest to Circle Drive Alliance Church if you choose. Your financial planner can advise you on how to obtain optimal tax benefits for various forms of charitable gifts.

Perhaps you have already made a provision in your will to leave a lasting legacy to Circle Drive Alliance Church. If so, we would very much appreciate hearing from you, so that we may properly thank you. We assure you that any details you provide will be kept completely confidential.

Life Insurance

For many people, naming Circle Drive Alliance Church as a beneficiary of a life insurance policy provides an optimum combination of immediate and long-term tax benefits, affordability, and the satisfaction of leaving a significant sum of money to perpetuate the work we all believe in.

Few other forms of planned giving provide so many benefits to the donor.

Gifts of life insurance can be revocable or irrevocable. They can involve old policies which are no longer needed, current policies, or the purchase of new policies. They can be combined with your estate plan to benefit both your estate and your favourite charity.

The amount of the gift is guaranteed and is not reduced due to taxes, probate or administrative costs. Premium payments are eligible for tax receipts, and unlike an RRSP, life insurance is not taxable and is distributed intact after death.

Stocks and Securities

The Canadian income tax system encourages the residents of our great country to make gifts to charitable organizations through the granting of tax credits.  Thanks to tax changes made by the Federal Government, it's become a more cost effective gift than ever before to donate gifts of securities and stock to Circle Drive Alliance Church.  Donating stock securities to Circle Drive Alliance Church benefits you and your family today, while serving your community for a lifetime.

Whatever form of planned giving is most appropriate to your own circumstances, each gift assists Circle Drive Alliance Church long-range financial planning. Your planned gift will guarantee that we will always have the resources to speak out for the poor, the defenceless and the downtrodden.

This and other gifting strategies require appropriate planning.  We strongly encourage our donors, prospects and supporters to seek the advice of qualified professionals prior to making any planned gift to ensure the best possible outcome for you and the church.

We would be happy to provide you with additional information about the full range of planned giving options. Please telephone our offices at 306-373-5445 or email pg@cdac.ca.