Benefits to leaving a
gift in your Will:
- Legacy of Support: Your bequest can take various forms – a specific dollar amount, a percentage of your estate, a particular asset, or the residue of your estate, ensuring a lasting impact.
- Financial Flexibility: Enjoy the full use of your assets during your lifetime while planning a significant future gift.
- Tax Advantages: Bequests can substantially reduce estate taxes, increasing the value of your estate for other beneficiaries.
- Estate Tax Receipt: Your estate is entitled to a charitable tax receipt for the full value of the gift, reducing payable taxes.
The donor’s estate is entitled to a charitable tax receipt for one hundred percent (100%) of the value of the gift, thereby reducing the taxes on the estate that are payable. You can change your Will at any time.
Learn more about giving in yourwill at our partner, Charitus
