Will Bequest
Designating a planned gift in your will is a powerful way to leave a lasting legacy – one that will strengthen our capacity to meet future change head-on. Your future gift can be in life insurance, designated estate percentage, fixed dollar amount, marketable securities, or other assets.
Will Bequest Benefits
Maximum Impact
A bequest to leave a gift to RRC Polytech in your will does not affect your financial security or current cash flow. It may even position you to leave a larger donation in the future than is possible today.
Tax Deductions
Your estate will be entitled to a donation receipt for the full value of the bequest, which can significantly reduce the tax payable on your final income tax return.
Your Cause, Your Choice
Transform our learning and research spaces. Enhance our student experience. Advance Indigenous achievement. Amplify our impact. Support a specific program area. The choice is yours. You retain the power to change your bequest at any time as your plans or financial circumstances change.
Will Bequest Options
Specific bequests
Designate a fixed dollar amount or specific asset to Red River College Polytechnic.
Residual bequests
Designate your entire estate or a specified percentage to Red River College Polytechnic.
Contingent bequests
Designate a bequest in the event of the death of any beneficiaries named in your will.
Testamentary trusts
Create a trust as part of your estate plans. Your assets will be distributed according to your terms, and support both your beneficiaries and Red River College Polytechnic.
How To Leave Your Bequest
- Contact Us
We can work with you to shape your plans, answer questions, and suggest appropriate wording for you to share with your lawyer. - Talk To Your Financial Planner
Will bequests can offer significant tax benefits. Ask your financial advisor to help you explore possibilities. - Talk To Your Lawyer
A discussion with your lawyer may help you decide which will bequest option would be best for you. - Update Your Will
It’s as easy as adding a sentence or two in your new will, or a codicil appended to your current will. Suggested will language to discuss with your lawyer:
I give and bequeath
the rest and residue (or share of residue), OR
the sum of _____ dollars
to Red River College Polytechnic, Winnipeg, Manitoba for the purpose of (include gift direction details here). - If you have already included RRC Polytech in your bequest, please let us know
We would love to hear from you to discuss your wishes. Letting us know about your plans will ensure they are carried, out and gives us the opportunity to express our gratitude and appreciation during your lifetime.
Note: The information provided here is of a general nature and should not be taken as a substitute for professional advice. We urge you to consult with your advisors to ensure that a particular option is right for your financial and estate planning situation.
Questions?
We’re here to help you explore opportunities and maximize the impact of your legacy. Your inquiry will be kept strictly confidential.
Get Inspired
RRC Polytech campuses are located on the lands of Anishinaabe, Ininiwak, Anishininew, Dakota, and Dené, and the National Homeland of the Red River Métis.
We recognize and honour Treaty 3 Territory Shoal Lake 40 First Nation, the source of Winnipeg’s clean drinking water. In addition, we acknowledge Treaty Territories which provide us with access to electricity we use in both our personal and professional lives.