Charitable Annuity Trusts
A Charitable Gift-Plus Annuity allows you to make a gift to support the Ontario SPCA while at the same time receiving a guaranteed predetermined income for life. Income from a charitable gift annuity can have tax advantages.
It is an ideal choice if you are concerned about the amount of tax that you are currently paying on your interest-bearing investments. Annuities are high quality, guaranteed investments that provide regular payments to you and/or their spouse.
Benefits of Charitable Gift-Plus Annuities:
- High Return
- Tax-Free Income
- Worry Free
- Immediate Gift
How does it work?
A charitable gift annuity is a contractual arrangement with a commercial annuity provider. The Ontario SPCA works with financial advisors to explore the variety of options available in the marketplace. The following information about you is required to obtain quotations – age, the annual payment amount you would like to achieve from the annuity and the lump sum you wish to transfer.
Please Seek Expert Advice: The Ontario SPCA strongly recommends professional advice to ensure that your financial goals are considered, your tax situation is reviewed and your planned gift is tailored to your personal circumstances.