Legacy giving is any gift made with forethought about the benefits to the charitable institution and the financial implications of the donor and the donor’s family. It is the process of designing a charitable gift so that the donor realizes philanthropic objectives while maximizing tax and other financial benefits. Legacy gifts are often linked to deferred gifts such as bequests, life remainder trusts, gifts of residual interests and similar arrangements where the commitment is made now but the funds are not available to the charity until sometime in the future.
Estate planning is something everyone should consider in their lifetime, regardless of their financial situation. This will ensure your wishes are carried out. At Mount Saint Vincent University, alumni and friends are encouraged to remember the University in their estate planning, ensuring students now and well into the future have access to a Mount education.
Legacy giving tools include:
This information will provide you with an overview. Additional information can be obtained by contacting University Advancement at 902-457-6270. We recommend that you consult with your legal, accounting or financial advisor on the option that is best for you and your family.
For questions and more information, please contact Anne Thibodeau, Manager of Philanthropy, at 902-457-6270 or firstname.lastname@example.org