Life insurance donation

Naming Domaine Forget de Charlevoix as a beneficiary of a new or existing life insurance policy

This option is interesting for you if:

• You have a life insurance but not longer see the need for it, your personal of family situation has changed.
• You wish to make a significant gift without shrinking your estate and give the maximum to your heirs.
• You wish to retain control of the policy during your lifetime and change beneficiaries as needed.

The total amount of the death benefit will be eligible for a tax receipt and will reduce the taxes payable by your estate.

Subscribe to a new life insurance policy and name Domaine Forget de Charlevoix as owner and beneficiary

This option is interesting for you if:

• You are in good health and want to make a major gift to Domaine Forget at a lower cost.
  
  
• You want to take advantage of tax benefits during your lifetime.

A tax receipt for a donation of insurance owned by Domaine Forget is issued to the donor each year for the premiums paid. This reduces the cost of annual premiums by approximately 50%.

Transfer ownership of an existing life insurance policy to Domaine Forget de Charlevoix

You may also transfer the ownership of an existing life insurance policy. You will then receive a tax receipt during your lifetime for the market value of the policy, as evaluated by an actuary. You will also receive a donation tax receipt for all premiums paid annually. This is a good option if you have an insurance policy that no longer meets your needs and want to make a substantial donation to Domaine Forget.