Build your Legacy
You believe, as we do, that united we are strong.
You care about your community. In times of difficulty and joblessness, as workplaces close and the cost of living increases, you rise to support those around you. Single parents, individuals facing mental health issues, those with hearing loss, family violence, employment loss and more all have a place to turn,
thanks to you.
Now, more than ever, you help bring certainty and hope back to individuals, right in our community.
Since 1976, United Way Elgin Middlesex has identified community need, and working with the support of countless individuals who believe, like you do, that we can all create lasting change in our region. Today, 40 years later, your support continues to improve the lives of those all around us, our neighbours, our friends, and our families.
As the needs continue to grow our most loyal supporters have come forward, creating Legacy Gifts, to ensure the impact they have already created, will continue for generations to come.
By supporting United Way through your estate planning, you build a future for those who will inherit our community.
Types of planned gifts:
Gifts made by will (bequests)
A bequest is a gift from your estate. A bequest is a legacy that you will leave for those that will follow after you. This type of gift can be a specific amount of money, a portion, or all of the residue from the your estate, securities, or a piece of property. A bequest can also be an item such as a coin collection, vehicle or painting.Sample Wording:To include a bequest to the United Way in your will, have your gift designated with wording like “to United Way London & Middlesex for highest priority community needs.” Alternately, you may designate your gift to a specific area, such as one of our three impact areas. In this case, we can work with your lawyer to create the correct wording.Sharing your intentions to leave a bequest to the United Way will allow us to thank and recognize you now, while also allowing us to plan for the future.
Planned giving and endowment
Bequests can be endowed to the United Ways Forever Fund. Endowed funds, over time, provide a consistent revenue source because the original gift is never spent – it remains intact as a legacy forever, a reminder of your gift to the community.
Life insurance
Life insurance can benefit both yourself and United Way Elgin Middlesex when the charity is named as beneficiary. At time of passing, proceeds from the Policy pass outside your estate, giving protection from estate administration taxes. The charitable tax receipt will alleviate the taxes to your estate. Life insurance donated irrevocably during your lifetime will allow for an immediate charitable tax receipt from United Way Elgin Middlesex for any cash surrender value on the policy, and for any future premiums you pay.
Donations of RRSPs and RRIFs
Unused RRSPs and RRIFs are an excellent way to maximize your giving potential while avoiding estate taxes. When United Way Elgin Middlesex is designated as a beneficiary of your RRSP or RRIF, the proceeds are paid directly at the time of death and bypass estate taxation. The charitable tax receipt issued can eliminate a large portion of the tax generated by plan at time of death.
Please let us know of your intention to Leave a Legacy, so we can thank you and work with you to ensure your wishes are fulfilled.
Jennepher Cahill
Director, Development
Ph: 519-438-1721
Ext. 247
JCahill@unitedwayem.ca
Our charitable registration number is
11926 0503 RR 0001.
A gift of $20.00 or more will receive
a charitable tax receipt.