Deferred Gifts: Bequests
A gift by "will" is known as a bequest. Written into your legal will document, bequests provide you the opportunity to give generously to International Teams - once your needs and those of your surviving loved ones have been met.
Funds are generally bequeathed as either a specific dollar amount, a particular piece of personal property or as a residual amount relating to a share or percentage of your estate.
Benefits of Making a Bequest
Bequests are very tax-friendly and an effective means of supporting International Teams
In the year of death your estate may claim gifts equal to 100 percent of your net income in that and the preceding year
You retain full use of your assets while you are alive
A bequest is revocable and can be changed if your financial circumstances or giving objectives change
You can designate your bequests to any International Teams program or area that meets your interest and focus such as community development, marginalized women, refugees etc.
Arranging a Bequest for International Teams
International Teams can assist you and your legal counsel by providing some sample wording to use that would ensure that we can accept your gift as you intend
Please use the legal name "International Teams Canada" in your bequest clause while citing our Charitable # 12659 9919 RR0001
For more information on bequests, please contact International Teams at 1-800-465-7601, 519-669-8844 or email us at give@iteams.org