Have you ever considered making a bequest to Glen Cairn United Church, or the United Church of Canada? It has long been a tradition for church members to make their church a beneficiary of their estates. The information below applies also to bequests
"Special gifts" include:
Although the majority of giving is through wills, giving some time before death may be beneficial to both the donor and the church. Where any sizable sum is involved, it may currently be invested in growth vehicles such as stocks, bonds or mutual funds. When the gift is made, say ten years before death, the capital gains taxation on the donor's estate would have been halved, while the church would have enjoyed the growth - and the church does not pay tax on the growth. Furthermore, with gifts of publicly listed securities, you receive a tax receipt for the value of the securities as of the day they are received by the Church, and the normal inclusion rate of 50% for capital gains tax is halved to 25% for transfer of publicly listed securities.
Worthy uses for bequests might include worship and music, education, outreach / mission, staffing, capital needs of the church, and allocations to reduce the church mortgage. Some folk may prefer to give money to be allocated at the discretion of the church governing body. There are likely to be opportunities for giving to both program and capital expenses; an