Leave a legacy to Forward House
Property
Forward House has received many requests to provide similar programs and services in Nanaimo, but with the high cost of real estate, this has not been an option for us. If you leave your home to Forward House in your will, your estate will receive a charitable tax credit and will reduce the estate tax payable.
Life Insurance
You can assign Forward House as the beneficiary of your life insurance policy. The premiums paid on this policy are tax deductible, so every year you contribute to the policy, you receive a tax credit.
Securities
Security donations in kind provide Forward House with a donation, the donor with a tax receipt, and the donor with an exemption from capital gains tax. The growth of your investments would be taxable in any other circumstance other than an in-kind donation, so donating these securities to Forward House would give us the benefit of both the initial investment and the growth without the government imposing taxes.