This PDF contains information about charitable bequests with regard to Planned Giving.

Present tax laws stipulate that if you sell publicly traded securities (stocks, bonds and mutual funds) privately, you are taxed on 50% of the capital gains. If you gift the securities directly to charity, however, you pay no taxes on capital gains while also receiving a tax donation receipt for the full market value of the securities. This means that the gifting of securities that have appreciated in value is a much more tax-efficient way to give to the church than a comparable size gift of cash. You can direct the proceeds of your gift to go to your local congregation or to any ministry you choose within The Presbyterian Church in Canada.

Gifts of Property will earn a tax receipt for the full appraised value which may save you the capital gains tax which you would have to pay if you cashed it in yourself.

For more information, visit the Planned Giving page.