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Leave a Bequest
Leave a legacy for future generations by supporting a cause that is near and dear to your heart. Are you passionate about hiking and want to support trail development initiatives in BC Parks? Or, are you passionate about interpretive programs and want to support educational programming? Whatever your passion, consider supporting BC Parks and the values we stand for: conserving the natural world and providing high-quality recreational experiences.
One way to leave your legacy is to include a bequest (gift in your will) to BC Parks. Did you know that only 30% of Canadians have an up-to-date legal will? (source: leavealegacy.ca) Without a will, you lose the ability to control the distribution of your estate to your chosen beneficiaries. Furthermore, leaving a bequest (or gift) to BC Parks in your will may actually reduce the estate tax burden on your loved ones.
Start planning your legacy now. Consider leaving a bequest to BC Parks.
Leaving a bequest doesn’t have to be difficult. Here is some general information on how you can leave a bequest to BC Parks.
- What can I bequest to BC Parks?
Do you have property with conservation and/or recreation values that would enhance BC Parks’ protected areas system?
- Get information on how you can donate land through BC Parks’ Land Acquisition Program.
b) Money and Securities
Do you have securities (such as stocks or bonds), RRSPs or cash that you would like to leave for a general or specific purpose to benefit B.C.’s provincial parks system? If you have any questions or need advice about including a bequest to BC Parks in your will, you may wish to speak with a financial advisor, lawyer, or other individual trained in estate planning.
- Find out more about donating securities.
Do you have valuable assets – such as a boat, or power tools – that would assist BC Parks’ staff in managing the conservation, recreation and heritage values of our provincial parks?
- Contact BC Parks at: ParkInfo@Victoria1.gov.bc.ca to discuss leaving assets to BC Parks.
- How do I leave a bequest to BC Parks?
Without a will, there is no mechanism to make a bequest. Here are some simple steps you can take to make sure your wishes are granted.
- Decide what cause(s) you would like to support in BC Parks (i.e. conservation projects, recreation initiatives, interpretation programs, etc). Please keep in mind that while it may be desirable to leave a specific bequest (i.e. to upgrade a specific trail in a specific park), it is difficult to predict where the need will be in 5, 10, 20 or even 30 years down the road. Leaving a more general bequest to BC Parks, such as “for the purposes of conservation” will allow BC Parks to decide where best to spend your bequest when it becomes available.
- If you wish to leave a bequest to BC Parks, you may name BC Parks as a beneficiary in your will. BC Parks’ legal name is: Her Majesty the Queen in right of the Province of British Columbia as represented by the Minister responsible for provincial. BC Parks’ business # is: CRA # 107864738.
- Please note: our collection of your name, contact information and the asset(s) you have donated is for the purposes of allocating your donated funds and issuing official tax receipts, and this information is collected under section 26 (c) of the Freedom of Information and Protection of Privacy Act. Should you have any questions about this collection of your personal information, please contact BC Parks at: ParkInfo@Victoria1.gov.bc.ca .
- What are the tax benefits of leaving a bequest?
When you give to BC Parks, you receive an official tax receipt that can be used, up to a limit and subject to the rules established by the Canadian Revenue Agency, on your income tax return as a tax credit.
- For information on the tax benefits of giving in Canada, visit the Canada Revenue Agency’s website at cra.gc.ca/donors.
- If you have any questions or need advice about including a bequest to BC Parks in your will, you may wish to speak with a financial advisor, lawyer, or other individual trained in estate planning.
- BC Parks’ Legal Information
BC Parks Legal name
Her Majesty the Queen in Right of the Province of British Columbia, Represented by the Minister Responsible for the Park Act
CRA # 107864738
Note: While BC Parks is not a “qualified donee,” it can issue official tax receipts.