Life Insurance
A gift of life insurance is an affordable way to create a
significant legacy at UTS. By transferring ownership of an
existing or new policy to UTS, you will receive a tax receipt
for premiums paid after the date of transfer. You can also name
UTS as beneficiary of your policy. The resulting tax credit will
reduce estate taxes and increase the after-tax value of your
estate for other beneficiaries.
For more information on gifts of life insurance, please
contact Martha Drake, Executive Director, Advancement, by email
at mdrake@utschools.ca
or by telephone at 416-946-0097.
This information is general in nature and does not
constitute legal or financial advice, and should not be relied
upon as a substitute for professional advice. We strongly
encourage you to seek professional legal, estate planning and/or
financial advice before deciding on your course of action.
