Issue link: http://publications.winnipegfreepress.com/i/1470087
6 give Manitoba | JUNE 11, 2022 By Kristin Marand P lanned giving is a documented intention to leave a gift to an organization close to your heart. It is a way to create and preserve your legacy that can be part of your current financial plan, your will or your estate plan. It can also be a way to ensure the things you love and are most important to you can continue even after you're gone. Diane Lambert Shack, leadership and legacy officer with The Salvation Army Prairie Division, explains that a person's approach to philanthropy can change as you move through the seasons of your life. "You could decide at age 16 to volunteer. Then when you get your first job and start making money, you make an annual gift at Christmas. When you get married, you decide not to have wedding gifts and you make donations to a charity instead. Later, it grows further because you meet with your financial planner to determine what you're going to do down the road with your estate and your last will and testament with your lawyer," she illustrates. When Shack converses with prospective donors, she takes the time to get to know them each individually to understand their interests and motivations. "You have to give to that cause that pulls at your heartstrings and motivates you to have an impact or leave a legacy," she says. If a donor decides to include The Salvation Army in their plans, Shack will introduce them to a variety of programs and projects they might be interested in supporting, including the many ways they can donate. Giving in the present is a wonderful way to see the tangible difference your contribution has on an organization. Common forms include monthly or yearly gifts or commemorative giving, where you ask friends and family to donate to your charity of choice in lieu of gifts. Planned giving, both in the present and posthumously, can offer material benefits beyond altruism, explains MaryAnn Kokan-Nyhof, certified financial planner, certified life underwriter and branch leader at the Kilcona branch of Desjardins Financial Security Investments Inc. MISERICORDIA HOSPITAL Your Legacy Can Support the Future of Care in Manitoba Your legacy gi will make a difference as we strive to support the unique services that only Misericordia offers to Manitobans. From the Eye Care Centre of Excellence to Health Links – Info Santé to the Sleep Disorder Centre, your support today, and in the future, makes a tremendous impact on the lives of residents, patients, and all those who walk through Misericordia's doors. mhcfoundation@misericordia.mb.ca | 204.788.8458 misericordiafoundation.com/legacygiving A planned gift doesn't depend on a donor's current wealth: it can come from life insurance, equity or real estate holdings, for example. Plan now to give later CONTINUED ON PAGE 7