To create your legacy for Station Gallery, you can simply sign your name. That’s how easy it can be to include a gift in your Will. It costs you nothing now, but your impact goes on for generations, ensuring arts and culture continue to thrive with Station Gallery.
Once your family and friends are provided for, please consider making your concern for Station Gallery part of your life story with your legacy gift.
gifts in a will
When you remember Station Gallery with a gift in your Will, you make a lasting contribution to our work. Your legacy gift will drive the most urgent priorities for Station Gallery.
Here Are the Ways Most People Like to Make This Lasting Gift:
Residual Bequest
Station Gallery receives a percentage of the remainder or residue of your estate after other specific legacies have been fulfilled. This gift will be used where it’s needed most. A lot of people prefer to give a residual gift as it keeps in line with inflation and is unlikely to lose value over time.
Specific Bequest
Station Gallery receives a specific dollar amount or a specified gift in kind (property, collections, books, jewelry, and so on). Gifts in kind will be sold and proceeds will be used by Station Gallery where it’s needed most.
The One-Minute Bequest
Now it’s easier than ever to create your legacy of care and concern for Station Gallery. You can do it with the One Minute Bequest.
It takes only a few minutes of your time. It costs you nothing to make this gift that will support Station Gallery for years to come. And it doesn’t require assistance from lawyers or advisors (although we encourage you to consult with experts before making any donation). The only thing you need is a Registered Retirement Savings Plan, a Registered Retirement Income Fund or life insurance.
Scroll to the bottom of this page to download the Sample Bequest Language
Here’s How It Works:
Step 1
Request a Single or Multiple Beneficiary Designation Form for your Registered Retirement Savings Plan, your Registered Retirement Income Fund or life insurance policy from the administrator of your plan.
Step 2
Fill out the form and name Station Gallery as the only or one of the beneficiaries.
Step 3
Return the form to your plan administrator.
It’s that easy. In just three steps, you can make a gift to Station Gallery that costs you nothing now, will power the most urgent priorities facing Station Gallery, and continues its impact for generations to come.
gifts that benefit your loved ones too
You can make a gift that will protect the future of Station Gallery for generations to come and, at the same time, provide for your family and heirs.
Life Insurance Gifts
A gift of life insurance lets you support Station Gallery in a significant and meaningful way. By paying modest life-insurance premiums today and naming Station Gallery as a beneficiary, you can make an impactful gift that will demonstrate your commitment to Station Gallery’s vision.
One way to leave this gift is to assign Station Gallery as the sole or one of the co-beneficiaries of your own policy or the life insurance policy from an employer. Your estate will receive a tax receipt equal to the direct benefit to Station Gallery. In this way, you create your legacy and benefit your heirs through a significant tax reduction.
A second option is to purchase a new policy, name Station Gallery as owner and receive tax receipts, during your lifetime, for any premiums paid after the date of transfer.
OTHER WAYS TO GIVE
You have even more options available to create your legacy for Station Gallery. Your generosity will safeguard Station Gallery’s mission today and tomorrow for future generations to benefit.
Gifts of Stocks and Securities
Donating publicly-traded stocks and securities provides a tax-advantageous way to support Station Gallery. When you make a gift of stocks, you receive a tax receipt for the fully appreciated value of your gift, and will not have to pay tax on realized capital gain. The receipt value will reflect the closing price on the date stocks are received by Station Gallery. The standard capital gain inclusion rate of 50 percent on selling shares is eliminated when you transfer your shares to Station Gallery rather than selling the stocks and donating the proceeds. You may transfer publicly traded stocks and securities electronically from your brokerage account to Station Gallery’s by using Canada Helps. Canada Helps can easily accept any securities.
Gifts in Memory and Tribute
A memorial or tribute gift to the work of Station Gallery is a meaningful way to express your love, admiration, and gratitude for someone special. Your gift will honour your loved one, create a lasting tribute to them, and connect both of you through your shared concern for Station Gallery's work.
When you make a gift in your Will to Station Gallery, you can do it in memory of or in honour of someone who’s important to you. It will stand as your legacy and your loved one’s legacy for generations to come.
Gifts from Donor Advised Funds
Donor-advised funds (DAFs) are one of the most convenient ways to support a cause you care about while maintaining the flexibility you desire. A DAF is a little like a personal charitable savings account. It allows you to make a charitable contribution (into your DAF account ), receive an immediate tax deduction and then make gifts (recommend grants) over time to your favourite charities – like Station Gallery.
sample bequest language
Download sample bequest language by clicking the Download Now button below.
