You can donate an existing life insurance policy to Palliative Manitoba or purchase a new policy through your insurance agent or through Charity Life Direct. Palliative Manitoba must be the owner and beneficiary in order for you to receive tax creditable premiums. Please consult with an insurance broker or your financial advisor to choose an option that works for you.

Donating appreciated stocks or mutual funds is the most tax-effective way to make an outright gift during your lifetime or as part of a legacy gift.

Current legislation in Canada has eliminated capital gain tax on gifts of publicly traded securities, mutual funds and bonds to registered charities. A charitable tax receipt will be issued for the fair market value of the securities. No capital gains tax is owing if the asset is gifted to a public charity.

You can make a specific bequest to Palliative Manitoba that designates a certain amount of cash or a specific item or asset you own at the time of your death. Or, you can make a residual bequest that gifts part or all of your remaining estate to Palliative Manitoba after the debts has been cleared and specific provisions have been fulfilled for family and friends.

A bequest to Palliative Manitoba is eligible for a gift receipt that can be used for a tax credit against final income tax payable, both in the year of death and in the previous year, up to a limit of 100% of your taxable income.

To include a bequest to Palliative Manitoba in your will, you should consult with a lawyer or notary experienced in estate planning. They can help you prepare a will or add a codicil to your existing will.