By designating Indspire as the beneficiary of your your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) on your registered retirement documents, your estate will receive a tax receipt for the full donation amount upon your death. A tax receipt for the value of the investment gifted will be issued to your estate and applied toward the final income tax return. Gifts of RRSPs and RRIFs also avoid probate fees.
Please Seek Expert Advice: Indspire strongly recommends that you seek professional advice to ensure your financial goals are considered, your tax situation reviewed, and that your planned gift is tailored to your circumstances.
Indspire recommends that you consult your lawyer or financial planner regarding the donation of RRSPs or RRIFs or other type of planned gifts to Indspire.
For more info, please contact us:
Cindy Ball, CFRE
Vice President of Development
firstname.lastname@example.org | 1.855.INDSPIRE (463.7747) X245