Donating Retirement Funds
UTS can be a named beneficiary on registered retirement plan
documents. A tax receipt for the value of the investment gifted
will be issued to the donor's estate and applied towards the
final income tax return. You can avoid probate and gifts of
RRSPs/RRIFs are less susceptible to being contested than a
charitable bequest.
For more information on gifts of retirement funds, 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.
