Gifts of RRSPs and RRIFs

RRSPs and RRIFs are among the most highly taxed assets in your Estate. At your death, they are treated as if they had been cashed in all at once. After taxes, your beneficiaries may be left with as little as 50% of the total.

Making charitable gifts preserves the capital in these plans. Because you are making a charitable gift of the plan, 100% of the money goes to the charity.

Contact aaron.mclean@friendsfoundation.ca for more information. 

SEEK FINANCIAL AND LEGAL ADVICE

We strongly recommend you seek professional advice to ensure your financial goals are considered, your tax situation is reviewed, and your planned gift is tailored to your circumstances.