In creating a will, a person exercises the right to choose what to do with a lifetime of accumulations. In this sense, a will is much more than a legal document. It is a testimony to the central values and commitments that have emerged from a lifetime of learning, growing and working.
Why make a bequest?
- A bequest allows you to make a generous gift in the future without diminishing your estate today.
- Your estate will receive a valuable tax credit for your final tax return.
- Bequests are flexible. You can make a bequest anonymously, and you have the flexibility to change it at any time. A bequest provides the comfort of knowing your assets are still available to you today if needed.
- With bequests of $10,000 or more, you can create a named endowment fund that will support United Way in perpetuity.
How does it work?
- You can leave a specific dollar amount or a specific piece of personal property.
- You can leave a share or a percentage of your estate.
- You can provide for the needs of your loved ones (either through an outright gift or subject to a trust) and leave the rest (residue) of your estate to United Way.
- Sample Language for Bequests (PDF, 138 KB)
To learn more about United Way Ottawa and the many giving options available to you, please contact us at 613-228-6767 or firstname.lastname@example.org.