Leave a gift in your will
A gift in your will is your opportunity to leave a lasting impact on a beloved charity.
Wills are more than just legal documents to distribute your personal assets. They are also powerful tools to make a change in the world.
Many find leaving a gift in their will the simplest way to make a significant donation while taking care of their own future and that of their loved ones. You may choose a specific dollar amount or a percentage of assets. Your estate will receive a charitable receipt and reduce taxes paid.
“What will my legacy be?” This is a question we often ask ourselves, especially as we enter different stages of our lives. For most of us, that means being remembered for our best qualities and for the positive impact we had on our family, friends and community. Even though Canadians are incredibly generous and supportive of charities during their lifetime, few Canadians realize that they can arrange a legacy gift in their wills or testaments.
It’s important to consider that a gift in your will can help reduce the amount of taxes to be levied against your estate. The truth is, when you pass, your estate is likely to receive a hefty tax bill. A gift to a charity in your will can help reduce the taxes owed while leaving money to your heirs. The Canadian government has created some tax incentives to encourage giving to charity, especially from your estate. Click here to learn more about taxes at death.
After taking care of your loved ones, leaving a small percentage of your estate will make a huge difference in the lives of those we support.
Sample Wording for a Gift In Will to Next Chapter for Divorcing Families Society
“To pay Next Chapter for Divorcing Families Society (Charitable Registration Number 88431 4626 RR0001) the sum of $____________ or _____% of the residue of my estate. It is my wish that the funds be used specifically for unrestricted expendable use by Next Chapter for Divorcing Families Society, for the purposes and designs deemed appropriate by the Next Chapter for Divorcing Families Society Board of Directors.”
Legal Name and Address:
Next Chapter for Divorcing Families Society, 6-12122 68 St NW, Edmonton AB T5B 1R1
Charitable Registration Number: 88431 4626 RR0001