Planned Giving
Your planned gift to BC Marine Trails will help ensure access to the BC Coast for your children and grandchildren.
Leave a Legacy
Planned Giving refers to the act of leaving a charitable gift to an association like the BC Marine Trails, as a way to honour the donor’s life. It usually comes in the form of money, assets or property and may or may not be included in the person’s Will.
Support your Values
How you direct your financial legacy speaks a lot to the values you hold dear and the kind of life you’ve built through the years. The BC Marine Trails programs speak to our work as we build safe and contiguous trails for future generations on the BC coast..
Types of Planned Gifts
Make B.C. Marine Trails Network Society a beneficiary in your Will and know that your legacy will live on for generations. All it takes is a simple clause in your Will. In addition, a tax receipt for the full amount of your donation will be issued and may offset capital gains or other taxes payable to lessen the financial cost on your estate. Please fill out this will form and email it to info@bcmarinetrails.org or the address on the form if you would like to leave a legacy.
A gift of securities is a financially sound way to support B.C. Marine Trails Network Associatioon programs. Donating stocks, mutual funds or other types of marketable securities to a charity exempts you from paying tax on capital gains. You will also get a tax receipt for the full amount of the gift.
[We are set up with Canadahelps to accept a security gift. Please link here to fill in the necessary….]
Gifts of life insurance are a great way to make a substantial donation for the relatively low cost of the premium payments. You can donate a policy you already own, make B.C. Marine Trails the beneficiary of a joint policy held with your spouse, or buy a new policy to donate.
Retirement funds might be among the most heavily taxed assets you own. Naming B.C. Marine Trails Network Association as a beneficiary can be a worthwhile way of creating a tax-smart estate plan.
By doing so you:
- retain ownership of the funds
- receive a tax receipt for the full amount donated
- avoid probate fees
- reduce your estate taxes
The B.C. Marine Trails uses a three-pillar program to help create access to the BC coast. We respectfully engage First Nations, promote environmental values, conduct environmental projects such as clean ups, and maintain a world-class mapping system for outdoor recreationists.
You can create an endowment fund by donating cash or assets. Endowment funds may be pooled, and individual endowments may require a minimum contribution.
When you create an endowment, your donation is invested for a minimum of 5 years and the income is used to support B.C. Marine Trails Network Association (BCMT) programs. Your endowment may be used where they are most needed.
Benefits of Planned Giving
Legacy giving offers significant benefits to both the donor and the recipient. Here are a few:
Tax Relief
Depending on the type of asset, leaving a gift in your Will to B. C. Marine Trails Network Association can reduce estate taxes.
Flexibility
Your gift can be any amount. It’s up to you.
Peace of mind
You are giving to a good organization. You can always change your gift.
Cost-effective
There are no additional out-of-pocket costs. Your current income will not be affected.
Note: You are encouraged to work with a financial expert. We are a small organization and do not have expertise in financial planning.
Impact of BC Marine Trails Programs
First Nations Engagement
Protecting the Coast
Safe and Contiguous Trails
Steps to Smooth Planned Giving
Steps:
- Talk to your family. Planned giving is personal.
- Speak to your professional advisors.
- Update your will. Decide if you want to leave a specific amount of your estate to the B.C. Marine Trails Network Association.
- Contact us or drop the president of the association an email (president@bcmarinetrails.org). We are all working together to provide access to the BC coast for paddlers and boaters.
