FAQs about Wills
Having a Will ensures your wishes will be carried out, your loved ones are provided for and the causes that matter most to you are given the opportunity to continue for the next generation. A Will is an opportunity for you to make a lasting impact on the people and causes you care deeply about.
Who leaves a gift in their Will?
Anyone – of any age – can. It is ideal for donors who want to maintain their cash flow today and retain assets during their lifetime, while still supporting causes that are important to them. It is also a natural choice for those interested in saving on estate taxes.
Do I need to be wealthy?
Not at all. A gift of any amount is a thoughtful and generous way to keep families and their critically ill children together.
It’s flexible. Your gift can be for a specific amount, a percentage of your estate or any amount that’s remaining after your estate’s other concerns are settled. It allows you to take care of both your loved ones and your favourite charities.
How would it help?
A gift in your Will ensures that the needs of families with critically ill children will be supported well into the future. Demand for our service is growing. You can make a significant impact on countless families, far greater than you may have been able to in your lifetime.
Where do I start?
Talk to your family about your intentions to leave a gift in your Will. We also recommend seeking professional advice to understand the tax benefits and to ensure your financial goals are considered.
Talk to us.
We would be happy to speak in confidence with you, your financial advisor or lawyer.
Whether you have already included RMHC Toronto in your Will or are considering doing so, please get in touch. It will give us the opportunity to thank you and, more importantly, to discuss what you hope your gift will help accomplish.
Please contact us at firstname.lastname@example.org
Sample Will Wording
Please use our legal name in your Will: Toronto Children’s Care Inc.
- For a specific dollar amount: “I give to Toronto Children’s Care Inc., Charitable Registration # 11885 2631 RR0001, the sum of $____, to be used at the discretion of the organization.”
- For a specified percentage of the residue of your estate: “I give to Toronto Children’s Care Inc., Charitable Registration # 11885 2631 RR0001, all (or ____ %) of the residue of my estate, to be used at the discretion of the organization.”