Bequest - Creating a Jewish Future
Focused on every step of the Jewish lifecycle, Ottawa Torah Centre Chabad (OTC) will utilize your bequest to lead the Jewish future. Leaving a bequest is a great way to safeguard our Jewish community. Your charitable bequest ensures that your support of OTC will continue in eternity.
How a Bequest Works
- Designate a portion of your estate to OTC for a Jewish legacy. You can leave either a percentage of your estate or a specific amount to OTC.
- A bequest does not cost you anything during your lifetime.
- After your passing, the executor will transfer the money or real estate to our institution.
- Bequests are revocable and can be changed or modified during your lifetime.
- Bequests can relieve the tax burden of your family.
- This is the most popular way for individuals to leave a Jewish legacy.
- Please inform OTC of your intention to leave a bequest, so we can properly recognize you as a member of our newly founded OTC Jewish Legacy Society.
Residuary Bequest - OTC is given a percentage of the estate.
Outright Bequest - OTC is given a specific dollar amount or a specific asset, such as securities or real estate.
Suggested language for a gift in your will:
“I give, devise and bequeath ________% of my estate or $________ to the Ottawa Torah Centre, located at 111 Lamplighters Dr., with the charitable registration number 839016771 RR0001 to be used for the general purposes of Ottawa Torah Centre."
Allow us to work with you, your family, and if desired your financial advisor, to develop the most personalized strategy for your goals. For more information contact us.
