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Laurier's legacy is steeped in the tradition of ideas. Great ideas are born in Laurier's classrooms, residences and campuses. These are the places where a student enters as one person but emerges as quite another. Laurier sets the stage for these transformative learning experiences.
We push our students to take their education outside of the classroom, to apply the lessons they've learned and challenge themselves to make a difference in the world. When a love of learning is deeply rooted in the entire community, the way it is in the Wilfrid Laurier University community, it continues to enchant and reward future generations.
You can instill this love of learning in future generations by making a gift to Laurier through your estate.
Having a last will and testament is important and every will, to be worthwhile, needs to be good. So, what makes a will good? How do you know whether your will is right? Here are three features that help to answer these questions:
W – Well done: A good will conforms to the legal requirements where you live. It is prepared and signed correctly, and it fully expresses your desires regarding your estate. It adequately cares for such things as guardianship, trusts and trustees, business succession, final declarations and other important matters your situation may require. When your will is complete and tucked away for safekeeping, you want to have the confidence that it was done well.
L – Laudable: A good will does good. That is, it addresses the needs of your spouse, children, dependents and others for whom you are responsible. Further, it does good by supporting those organizations that reflect your values and concerns. We at Wilfrid Laurier University hope that includes us.
U – Up-to-date: A good will is current. It adheres to the most recent tax laws and reflects changes in your own life. For example, you may no longer have minor children at home, or someone close to you has died or become dependent. You may have grandchildren, and changes may have occurred financially that have changed your estate tax status. Whatever the case, an up-to-date will gives you peace of mind knowing your wishes will be carried out and your responsibilities met.
Tax Benefits: Your estate will receive a tax receipt for the full value of your bequest, saving tax dollars. Careful planning can maximize the benefits for your estate and beneficiaries.
Your will is highly personal. While we understand and respect that you may not be comfortable sharing the details about your bequest, we encourage you or your advisors to contact us to make sure your gift is designated in the way you intend so that we can make sure your wishes are carried out when the gift is received.
Life insurance is an economical way to give a larger and more lasting gift to Wilfrid Laurier University than you might otherwise be able to make. And you don’t have to draw on your assets now or deplete your estate. A gift of life insurance allows those of even modest means to make a sizable gift with only a small annual or monthly payment. Life insurance gifts can be structured to suit any financial situation.
Three ways to give a gift of life insurance:
Benefits of giving life insurance:
Contact us to learn more about supporting Laurier through Legacy Giving.
Cec Joyal, Development Officer, Legacy Giving
Email: cjoyal@wlu.ca
Phone: 519-884-0710 x3864