Gifts by Will

A bequest to Mount de Chantal is the most traditional way to provide support. With a gift through your Will, you retain full use of your gift property during your life.

Life Insurance

You can name Mount de Chantal as the beneficiary of your life insurance – just contact the insurance company to make the change.

You may also transfer ownership of the policy, or buy or contribute a new policy. Such a gift will entitle you to an income tax deduction, and future premium payments will be tax deductible.

Financial Accounts

Most accounts at financial institutions can be made payable at death to a charitable organization. You can arrange with your bank the designation of death beneficiary for your CD, savings account, etc.

Benefits from IRAs and Pension Funds

Non-spouse and non-charitable beneficiaries must pay tax on these types of accounts. However, if the account is payable directly to a charity, such as Mount de Chantal, the account is not taxable and all of the funds will go to the benefit of the Mount.

Charitable Remainder Trust

You transfer assets to a legally established trust, which then pays you an annual income for life. Following your death, the trust's assets become a gift to Mount de Chantal.

Charitable Lead Trust

You establish a trust that transfers assets to Mount de Chantal; the trust generates income for the Mount for a specified number of years. At the end of that time, the funds are returned to you or to your heirs.