Oakville Newspapers

Oakville Beaver, 22 Oct 2015, p. 37

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37 | Thursday, October 22, 2015 | OAKVILLE BEAVER | www.insideHALTON.com The joy of giving Imagine being able to give a gift greater than you ever er thought t possible. As a Canadian senior you can now support a Canadian charity of your choice by donating a life insurance policy that you no longer need or want and make a charitable contribution larger than you ever imagined. Your Life Insurance, Their Joy Your policy can provide a wonderful gift of joy and substantial tax credit and the elimination of premiums. It makes sense. Canadians are not only able to make a very large donation, they also receive a substantial tax credit. Each year Canadians allow billions of dollars in policies to lapse even though they've paid tens-of-thousands of dollars in premiums. But now, it doesn't have to be this way. This is a wonderful, new opportunity. thrive by allowing seniors to turn their unneeded life insurance policies into gifts for a higher purpose. LifePoint Foundation is partnered with other registered Canadian charities and we have millions of dollars available for funding premiums and working together for a better tomorrow. Through LifePoint, your idle policy ­ a true resource ­ is transformed into an ongoing legacy of support for Canadian charities who, in turn, support hospitals, schools, orphanages, churches ... many great causes that make our world a better and more caring place. Canada da program. And we can process your donation before the t year-end tax deadline. We eliminated a $24,000 annual term-to-100 life insurance premium and will use the $198,000 tax credit made in years. How Big Might Your Your Gift Be? Call LifePoint nt and we will answer nswer your questions and give you an indi ndication of the size ze and inv vestment impact of your gift. Or r email your quest questions to us. For more information on be sure and a visit our website. websi Tax Credit Once you donate your policy, LifePoint pays 100% of the ongoing premiums and rewards you with a tax credit that, in some cases, allows you to recover a large portion of the premiums you've paid. And after your death, and after the cost of premiums and operational expenses, charities you designate. Imagine ... turning life into legacy Helping Charities Thrive LifePoint Foundation Canada is a registered Canadian charity designated as a Public Foundation. Our purpose ­ our mission ­ is to help registered Canadian charities If you are 70 or older and have a life insurance policy with Toll free: 877.647.4708 | info@lifepointfoundation.org | www.lifepointfoundation.org .lifepointfoundation.org

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