1. The donor is a Quebec taxpayer.
2. Individual donor is in the highest marginal tax bracket (53.31% in 2023) and the full amount of the donation will be eligible for a tax credit at that rate.
3. Life expectancy used in the “Charitable Remainder Trust” and “Gifts of Life Insurance” scenarios are based on Statistics Canada most recent data.
The Toolkit Calculator is provided as an aid only and a donor should consult with a professional advisor before making a gift.