Leave a legacy

A charitable bequest is the most common type of legacy gift. It involves including the Canadian Cancer Society in your Will.

Your Will reflects what you value in life. In writing a Will, your lasting words will echo through the generations, and will ensure that your final wishes become a reality.

For more information, please contact 1-800-455-9090 or email ccsnb@nb.cancer.ca.

Why leave a bequest?

• A Will is the easiest and most effective means to ensure that you fully provide for your family and that your assets are distributed according to your wishes.
• Your bequest to the Society will go directly to the fight against all cancers – we do everything possible to prevent cancer, save lives and support those living with cancer.
• Other than the cost of preparing your Will, there is no additional cost for you to make a generous gift.
• A bequest provides the comfort of knowing your assets are still available for you today if needed.
• A gift in your Will allows you to make a tax-effective gift, often eliminating the taxable impact on your beneficiaries.

Ways to leave a bequest

• Give a percentage bequest – this option leaves a percentage of your estate to the Canadian Cancer Society and makes sure that loved ones and outstanding expenses have been taken care of.
• Leave a specific dollar amount.
• Provide for the needs of your loved ones (either through an outright gift or subject to a trust) and give the remaining balance of your estate to the Canadian Cancer Society.

We suggest you work with your financial advisor and lawyer who can help to plan a bequest that best fits with your financial and estate situation. Please note that when writing your bequest, you may wish to designate your gift to a Canadian Cancer Society support program or cancer research fund that holds special meaning to you and your family. 

To avoid any misunderstandings with your estate, when drafting your bequest, please use our full legal name and address: Canadian Cancer Society New Brunswick, 133 Prince William Street, Suite 201, Saint John, New Brunswick E2L 3T5. 

Designating the Canadian Cancer Society as the beneficiary of your life insurance policy provides valuable tax savings to you today and will help people with cancer in the future.

A gift of life insurance enables you to fund support programs which enhance the quality of life of people living with cancer in New Brunswick.

For more information, please contact 1-800-455-9090 or email ccsnb@nb.cancer.ca.

Why leave a gift of life insurance?

• Your gift will care for people living with cancer by funding essential services that ease the burden of cancer.
• Proceeds are paid directly to the Canadian Cancer Society and are not subject to probate fees.
• You can receive an annual tax credit for the premium payments or a tax credit for your estate in the year of death when you make the Canadian Cancer Society the beneficiary of your life insurance policy.
• A gift of life insurance will not reduce the overall value of your estate.
• These gifts can make a big impact on the quality of life for people with cancer, can have a relatively low cost to you and may also provide tax relief for your estate.

Ways to give a gift of life insurance

• Purchase a new life insurance policy and name the Canadian Cancer Society as the beneficiary.
• Purchase a new life insurance policy and name the Canadian Cancer Society as the owner and beneficiary and receive a tax receipt annually for the amount of premiums paid.
• Donate an existing life insurance policy by designating the Canadian Cancer Society as the owner and beneficiary and receive a tax receipt for the value of the policy at the time of the transfer and any premiums you pay.

Your gift of securities can be made for much less than the net cost of an equal gift of cash.

If you own publicly traded securities or mutual funds that have increased in value, you may want to consider donating the securities directly to the Canadian Cancer Society. As of May 2, 2006, such a gift will eliminate the capital gains taxes you would ordinarily have to pay on those securities.

Put stock into helping to find cures and have the satisfaction of supporting a worthwhile cause, while maximizing your tax benefits!

For more information, please contact 1-800-455-9090 or email ccsnb@nb.cancer.ca.

Why give publicly traded securities?

• You become entitled to a charitable income tax deduction for the fair market value of the gifted securities at the end of the day on the date the securities are received in our brokerage account.
• Your standard capital gains tax rate on gifts of publicly listed securities is reduced to zero. This means that when you transfer publicly listed securities to the Canadian Cancer Society, you will not pay any capital gains tax on the appreciated value of those shares. 
• A gift of securities to the Canadian Cancer Society can be made for much less than the net cost of an equal gift of cash. By donating the securities you eliminate the capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds from the sale to charity.
• Your charitable deduction can be claimed against up to 75 per cent of your net income and any unused deductions can be carried forward throughout the next five years.

How does it work?
When making a gift of securities, decide which securities or mutual fund holdings you wish to donate. Then instruct your broker to transfer the shares electronically or endorse the share certificates and forward them to the Canadian Cancer Society. You'll receive a tax receipt for the closing price of the securities on the date they are received in the Canadian Cancer Society brokerage account. Simply contact us in advance, and we will provide all the necessary information to your broker to facilitate a smooth and prompt transfer.

A charitable gift annuity is a “gift that gives something back”. It allows you to make a meaningful gift in the fight against cancer now and receive a guaranteed income for life that can be largely or entirely tax-free.

For more information, please contact 1-800-455-9090 or email ccsnb@nb.cancer.ca.

Why create a charitable gift annuity?

• Your gift will be put to use immediately in the fight against cancer.
• Earn guaranteed income for life which may be partially or completely tax-free.
• A tax receipt will be issued to you for the gift portion of the annuity.

Designating your RRSP or RRIF to the Canadian Cancer Society bypasses taxes and fees, ensuring that your savings are used to their maximum potential. Your commitment today means the fight will continue until we create a world where no Canadian fears cancer.

Your legacy will live on long after you are gone. By planning ahead, you can ensure that your wishes are upheld in the future. By supporting the Canadian Cancer Society, you are supporting the fight against cancer for generations to come.

For more information, please contact 1-800-455-9090 or email ccsnb@nb.cancer.ca.

Why Leave an RRSP or RRIF Gift?
Naming the Canadian Cancer Society as beneficiary of a registered retirement savings plan (RRSP) or a registered retirement income fund (RRIF) is a simple way to leave a gift that will help fund the next generation of Canadian Cancer Society researchers who are finding new ways to prevent and treat cancer.

• Make an enduring difference for your family, friends and neighbours who have faced a fight with cancer.
• Naming the Society as a direct beneficiary in your Will allows your RRSP or RRIF to flow outside of your estate’s assets, meaning your RRSP or RRIF is not subject to estate probate fees and taxes.

How to include an RRSP or RRIF in your Will

• Simply name the Canadian Cancer Society as the beneficiary of a RRSP or RRIF.
• Advise the institution holding your retirement account of the change.