Some people’s legacies are written on monuments. Yours can be written on the lives of the poor and orphaned children we serve. With a planned gift to Migdal Ohr, you can combine your desire to give to charity with your overall financial, tax, and estate planning goals. Your planned gift gives you a special connection to Migdal Ohr. You will give impoverished, orphaned, abandoned and new immigrant children the opportunity for a better life—for now and for years to come.
Migdal Ohr has many financial planning options to help you plan your estate. Contact your local office to learn how confidential, personal financial planning can help you achieve your goals while helping to sustain our life-changing mission.
The principal benefits of planned gifts accrue to Migdal Ohr at a later time, after your death or the death of your last named beneficiary. Planned gifts take many forms, reducing income and estate taxes, relieving you and your heirs of complicated financial management responsibilities, and helping to fulfill your personal, humanitarian and charitable objectives. Planned gifts can be made in cash, real estate, stocks, bonds, charitable trusts, personal property or life insurance.
Bequests by Will
One of the simplest planned gifts is a bequest through your will, in which you designate either a specific dollar amount or a percentage of your estate after other disbursements to go to Migdal Ohr. In addition to supporting Migdal Ohr, it serves as an example to your heirs of the values and ideals you hold dear. A bequest also can reduce the amount of your taxable estate, which may increase the actual amount available to loved ones.
The following is an example of suggested language to include in your will/trust:
“I give and bequeath to Migdal Ohr, a not-for-profit organization in Israel, with Canadian Office (Charity registration number: 89287 9743 RR0001) presently located at 5167 Decarie Bld, Montreal, Quebec, H3W 3C2, the sum of $______, or _______% of my estate, to be used for the accomplishment of its general purpose (or for a specific purpose as indicated)”.
You may designate your bequest in two ways:
• For the general purposes of Migdal Ohr (an unrestricted bequest)
• To be used to support a particular program (a restricted bequest)