GRAND Fall 2021

your previous year’s income and add
that to your estate.”
What should I tell my family?
Talking it through with your kids
is a crucial step. Explain that your
charitable donation will offset taxes
on the estate. They’ll be happy to see it
go somewhere other than the tax collector.
And even if they aren’t, says Bradley,
it’s your money. You have the right
to give it to charity.
How does it benefit the charity I
care about?
That charity probably struggles to
support its current programs, launch
new ones, renew buildings and equipment,
perhaps take a risk on something
promising but untried. When it
receives a gift through someone’s Will,
the charity can use that gift for something
special—something it couldn’t
do otherwise. Or it can save and invest
the gift so that the yearly interest
goes on supporting programs you’ve
been giving to year by year. Talk to
the charity you love about using your
bequest in the way you’d like it to be
used.
Anyone can make a bequest. The
amount doesn’t matter—but supporting
a cause you cherish, leaving
a legacy of values as well as financial
disbursements, matters a lot. It’s one of
the most important things you can do
to build the world you’d like to see.
Janet Gadeski is
president of Hilborn,
a publisher sharing
the knowledge
that charities and
their leaders need to
change the world,
and editorial director
for PGgrowth,
a consultancy that
helps charities inspire
donors to include charitable bequests
in their Wills. Reprinted with permission
from Canada Helps, canadahelps.org.
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grandmag.ca
Vol. IV, Ed. III 27