A charitable bequest allows you to name Word & Deed as a beneficiary under your will. You could specify a designated amount or a percentage of your estate in your will. Another approach is to add a child named “Charity” to your will, designate the inheritance for that “child” and then list the charities you plan to support in a document separate from your will. This allows for you to make changes to the list of charities benefiting from your legacy without going through the trouble of changing your will.
Upon receipt of the gift, Word & Deed will provide the estate with a tax receipt in the amount of the gift which can then be used to offset tax liabilities that accrue on death.
If you are interested in making a bequest to Word & Deed in your will, here is the wording you could use:
I hereby give to: Word & Deed Ministries Canada Inc., charitable registration number 891200941RR0001 [a specified amount] OR [a specified percentage] of the residue of my estate, to be used in fulfillment of its proper purpose. If at the time of distribution, the organization named in this my Will to receive a bequest has amalgamated with another organization or organizations or has changed its name or location of its work, this said bequest shall not fail but my Trustees shall in their sole discretion pay the same to the organization they deem to be the successor organization.