Create a Gift in Your Will
After taking care of loved ones, a planned gift in your Will can be a wonderful way to help Veterans for generations to come. Your support can make a significant impact, allowing you to contribute more than you might have imagined without affecting your current financial situation.
Should you wish to create a gift in your Will, please ensure that you use our legal name:
Legal Name: British Columbia / Yukon Command of the Royal Canadian Legion Foundation
Address: #503 – 17665 66A Avenue, Surrey, BC V3S 2A7
Charitable #: 88076 0285 RR0001
Why create a gift to charity in your Will?
Make changes to your Will at any time
We understand that circumstances may change. With a gift in your Will to the Legion Foundation, you have the flexibility to modify your Will at any time to reflect your evolving priorities and wishes. This ensures that your support continues to align with your values.
Reduce the tax burden on your estate
Creating a gift in your Will not only benefits Veterans but can also provide tax advantages for your estate. By carefully planning your gift, you can minimize the tax burden on your assets, allowing you to maximize the impact of your contribution.
A gift in your Will doesn’t need to take away from loved ones
We understand that your loved ones are your priority. The beauty of planning a gift in your Will lies in its flexibility – you can structure your contribution in a way that allows you to support Veterans while ensuring your loved ones receive the inheritances you’ve planned for them.
A gift in a Will doesn’t cost you anything now
One of the remarkable aspects of leaving a gift in your Will is that it doesn’t require any immediate financial commitment. You can make a lasting impact without affecting your current lifestyle or financial stability, ensuring your generosity knows no bounds.
Make a larger gift than you ever thought possible
By including a gift in your Will, you have the power to have a substantial impact on Veterans. This thoughtful contribution allows you to create a legacy that reflects your values and commitment to making a positive change.
How to create a gift to charity in your Will
It is important to talk with your loved ones, your financial planner and/or your lawyer about your wishes. Below are a few examples that could be used to include a gift (bequest) in your Will.
The Legion Foundation receives a share of your estate, but only if prior named beneficiaries have predeceased you.
“In the event that [named beneficiary] does not survive me, I bequeath [x percentage or description] of my estate to the British Columbia / Yukon Command of the Royal Canadian Legion Foundation, Registered Charity 88076 0285 RR0001, for its general purposes.”
The Legion Foundation receives a specific dollar amount or a stated fraction of your estate, or a specified gift of property such as collections, art, books or real estate.
“I bequeath the sum of [x dollars] or [x percentage] of my estate, or [description of special gift] to the British Columbia / Yukon Command of the Royal Canadian Legion Foundation, Registered Charity 88076 0285 RR0001, for its general purposes.”
The Legion Foundation receives a portion of the remainder of your estate after specific gifts to loved ones have been fulfilled. This type of bequest ensures that your support for The Legion Foundation aligns with your overarching estate plans.
“I bequeath [x percentage or description] of the residue of my estate to the British Columbia / Yukon Command of the Royal Canadian Legion Foundation, Registered Charity 88076 0285 RR0001, for its general purposes.”
Other FAQ
Planned giving is not just for those who are considered wealthy. All gifts, regardless of size, are important and appreciated.
No. Although we would appreciate the opportunity to express our gratitude, there is never a need to disclose your decision. Planning a charitable gift in your Will is a personal decision and we respect your privacy.
It is important to talk with your loved ones about your wishes. Your charitable donation may reduce the capital gains or other taxes on your estate, lessening the financial impact on your family.
Yes. The Legion Foundation is able to accept gifts of Life Insurance, Securities, Stock options, Real estate, RRSP/RRIF/TFSA and other ways to remember Veterans. It is recommended that you discuss these options with your loved ones, your financial planner and/or your lawyer as there may be different tax benefits associated with each.
Your lawyer will need our legal name, address and Charitable Registration number:
Legal Name: British Columbia / Yukon Command of the Royal Canadian Legion Foundation
Address: #503 – 17665 66A Avenue, Surrey, BC V3S 2A7
Charitable #: 88076 0285 RR0001
Typically, yes. Depending on the type of gift, there are various tax credits and benefits that may be claimed by your estate. It is recommended that you discuss these options with your financial planner and/or your lawyer.
Typically, yes. It is important to regularly review your estate plans to ensure they reflect your current wishes. Please consult with your lawyer to make any necessary updates or modifications.
Unfortunately, no. Local Legion Branches are separate entities from the Legion Foundation BC/Yukon and in most cases, are not registered charities. The Legion Foundation BC/Yukon is unable to accept funds that are restricted only for Legion Branches. If you wish to make a gift in your Will to your local Legion Branch, please contact them directly.
Please contact Amber Stewart, Executive Director, directly at 604-579-0087 or by email at amber.stewart@legionbcyukon.ca
