Must I have an estate in order to leave a gift?

Everyone can leave a gift. "Estate" is simply a word used to describe everything that you own at the time of your death. Most people leave an estate when they die, even though they may not have a great deal of wealth.

Do I have to include my wish to leave a gift to a specific organization in my will?

A charitable bequest will not take effect unless you state your intention in your will. Without a will, you lose control over your property after death. Your property and finances are settled according to provincial laws whether or not they coincide with your wishes and those of your family.

Do I tell the not-for-profit that I’ve left a gift?

That is up to you. Not-for-profits often like to know in advance so they can recognize your generosity. They can also tell you about opportunities for giving for a specific purpose.

How do I leave a gift in memory of a person?

A gift is a wonderful way to recognize someone who has made a difference in your life. This kind of memorial gift can be arranged in your will. You just need to make it clear that the gift is given in memory of a particular person.

Who can help me arrange a gift?

Your favourite not-for-profit organization may be a good source of information. Or, if you have a professional advisor with whom you are working—like a financial or estate planner, lawyer, accountant, trust officer, or insurance agent—please talk with him or her about leaving a gift.

A professional advisor can tell you about the tax benefits of planned gifts. An advisor can make sure you are getting the maximum tax and legal advantages allowed for your gift. If you do not have an advisor and need assistance, you can find a professional to help you through a referral from one of the organizations listed in the yellow box to the right.