Gift Planning & Legacy Estate Giving

By including a gift in your will, you can create a lasting legacy. You may choose to leave a specific dollar amount or a percentage of your estate. A bequest offers several advantages: you retain full use of your assets during your lifetime, potentially reduce the taxes owed by your estate and maintain the flexibility to update your plans if your financial circumstances change.

You can name the University of Toronto as a direct beneficiary of your Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) at no cost. This type of gift can generate a charitable tax receipt for your estate, which may be used to offset taxes owing.

By designating the University of Toronto (Faculty of Law) as a beneficiary of your life insurance policy, you can make a significant impact in an accessible way. A modest premium paid over time can result in a major future legacy—often much greater than the total cost of the premiums.

When you donate publicly traded stocks or securities, you receive a charitable tax receipt for their fair market value and pay no capital gains tax on the appreciated value. This is one of the most tax-effective ways to give.

You may also choose to donate non-cash assets—such as books, artwork, real estate, or other tangible property. These gifts are considered on a case-by-case basis. When accepted, you’ll receive a charitable tax receipt for the appraised fair market value as of the date of your donation.