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Wilfrid Laurier University Development
April 19, 2014
 
 
Canadian Excellence

Gifts of annuities



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Maximize your income, minimize your taxes

Fulfill your philanthropic and personal financial goals and give an immediate gift to Laurier with a charitable annuity.


An annuity is a contract that pays you a specific sum of money monthly, quarterly, semi-annually or annually for a lump sum deposit. Payment terms can vary from a few years to a lifetime.

Only a portion of the annual annuity income is taxable. Therefore you gain more disposable income through an annuity than you would through a guaranteed investment certificate.

A tax receipt is issued in the year your gift is made for the portion of the annuity that Revenue Canada considers to be an outright gift.

Upon your death, and/or that of another beneficiary, the university can use the remaining principal as outlined in the annuity agreement.


For more information, please contact:

Cec Joyal 86
Development Officer
Individual and Planned Giving
(519) 884-0710 Ext 3864
cjoyal@wlu.ca

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