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Gifts of Residual Interest • give now but enjoy your gift for life

Many people don’t realize that they can have the satisfaction of making a significant gift to NLSF without touching their income or investments. Residual Interest gifts usually involve a principal residence or other personal real estate, such as a cottage or rental property, and are often given by those who plan to leave a bequest to NLSF but would like to reduce income tax now, without any changes in their living arrangements. You receive a tax receipt for the appraised value of the property.

Benefits to you

  • Tax Advantage - you receive a charitable tax receipt, thereby increasing after-tax income.
  • Fee Reduction - your asset has been removed from your estate, thereby decreasing probate fees upon death.
  • Control - you have made a significant contribution without loss of enjoyment of your asset.
  • Recognition - you and your gift can be honoured during your lifetime. 


For more information

Crystal Dennison, Executive Director of Nanaimo-Ladysmith Schools Foundation, will work closely and confidentially with you and your advisors to ensure your planned gift suits your financial and philanthropic needs. Please contact Crystal at 250.753.4074 or Crystal.Dennison@sd68.bc.ca.

We work with: Cash donations, Memorial gifts, Endowment/Wills, Life Insurance policies, Securities
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