A
bequest through your Will to the MS Society can be a tangible
expression of appreciation for the services that the MS Society
has offered you - a gesture that might not be financially possible
during your working or retirement years.
There
are different ways to make a bequest to the MS Society:
-
specific
bequest - a gift of a fixed amount of cash or
a particular asset;
-
percentage
share - a gift of a percentage share of the
whole estate;
-
contingent
bequest - a gift that will take effect only in the
event of the prior death of other named beneficiaries.
If
you are about to have a Will drafted for the first time, or
are considering making changes to your current Will, your lawyer
can include a bequest to the MS Society of Canada. The MS Society's
Board of Directors suggests the following language for use
in your Will:
To
pay the Multiple Sclerosis Society of Canada* the sum of
$ _____ (or ___% share of my estate) to be used for such
purposes of the Society as its Board of Directors may from
time to time determine.
*
You may wish to further restrict the use of your gift to a
division, chapter or program area within the MS Society. We
would be pleased to accommodate these requests.
Charitable
gifts made in a Will are deemed made in the year of death.
Therefore, the charitable tax credit is received by the estate
and can offset any tax owing from the estate.
The
information you provide is kept entirely confidential. You
are not obligated to maintain your bequest should your circumstances
or intentions change. A bequest is a revocable gift. You can
modify and amend your Will at any time.
