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Please print and complete this page and fax to 4163233522 Legacy Gift Statement of Intent I/We are pleased to give a legacy gift to Frontier College to support literacy programs across Canada. This

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How to fill out legacy gift statement of

How to fill out a legacy gift statement:

01

Start by gathering all the necessary information regarding the legacy gift. This includes details such as the name of the donor, the date of the gift, and the specific assets or funds that are being donated.

02

Use the provided form or template for the legacy gift statement, if available. Otherwise, create a clear and organized document that includes sections for all the required information.

03

Begin by stating the purpose of the legacy gift statement, which is to document and acknowledge the donor's generous contribution.

04

Include a section for the donor's personal information, such as their full name, address, and contact details. This ensures that the statement can be properly attributed to the donor.

05

Clearly outline the details of the legacy gift, including the type of gift (e.g., cash, property, stocks), its value, and any specific instructions or restrictions associated with the donation.

06

If applicable, provide a section for the donor to indicate their preferred recognition or naming opportunities, such as naming a room or scholarship in their honor.

07

Cross-check all the provided information to ensure accuracy. It is essential to double-check names, amounts, and any additional instructions before finalizing the statement.

08

Include a space for the donor's signature and date. This serves as a legal confirmation and consent to the details mentioned in the legacy gift statement.

Who needs a legacy gift statement?

01

Individuals or organizations that receive legacy gifts: A legacy gift statement is crucial for the recipient to acknowledge and document the donated funds or assets properly. It helps in maintaining transparency and fulfilling legal requirements.

02

Donors: Legacy gift statements serve as a testament to the donor's generosity. It provides them with an official record of their contribution, which can be used for tax purposes and personal record-keeping.

03

Legal or financial advisors: Professionals who assist in estate planning or managing legacy gifts may require a legacy gift statement to ensure compliance with regulations and assist with the distribution or administration of the donated assets.

Remember, filling out a legacy gift statement accurately and thoroughly is essential for both the donor and the recipient. It helps maintain transparency, ensures legal compliance, and recognizes the significance of the generous contribution.

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What is legacy gift statement of?

The legacy gift statement is a document that discloses any gifts or inheritances received by an individual.

Who is required to file legacy gift statement of?

Any individual who has received gifts or inheritances over a certain threshold set by the tax authorities is required to file a legacy gift statement.

How to fill out legacy gift statement of?

To fill out a legacy gift statement, one must provide details about the gifts or inheritances received, including the value, source, and relationship to the donor.

What is the purpose of legacy gift statement of?

The purpose of the legacy gift statement is to ensure that any gifts or inheritances received are properly reported and taxed according to the law.

What information must be reported on legacy gift statement of?

The legacy gift statement must include details about the gifts or inheritances received, such as the value, source, and relationship to the donor.

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