Allergy/Asthma Information Association

Bequests

Support AAIA: Leave a Legacy for Life

Help AAIA continue its good works well into the future by arranging a gift in your estate. After planning for your family's future, you may wish to leave a legacy gift to a cause that is near and dear to your heart and which has represented your lifetime values and personal beliefs.

Include the Allergy/Asthma Information Association as a beneficiary in your will. This is called a bequest.

Bequests

A bequest can be made in the form of cash or property by including AAIA as a beneficiary in your will. It is simple to arrange and can significantly reduce the tax paid by your estate. As you may make changes to your will at any time, you retain full control of your gift and can easily alter or add a codicil to the will to meet changing circumstances.

You may also make a residual bequest to AAIA. A residual bequest is a gift of all or a fraction of whatever remains after all debts, taxes, expenses and other bequests are paid.

A will is a valuable legal document to have. It can safeguard your family's financial future and ensure that your assets are distributed according to your exact wishes. Without a will, your estate will be distributed according to the government and you may subject your family to increased financial and personal costs. It is prudent to consider legal advice in preparing your will.

How should the bequest be worded?

If you would like to provide support for the future work of AAIA by including a charitable bequest in your will, the following language may be helpful:

"I give to Allergy/Asthma Information Association (hereafter referred to as AAIA) currently located at 17 Four Seasons Place, Suite 200, Toronto, Ontario  M9B 6E6 the sum of $________. (or ________% of my estate) to be used in support of its general charitable purposes."

Will there be any tax advantages if I leave a gift in my will to AAIA?

AAIA is a fully registered charitable organization. A tax credit can be claimed for the amount of your gift up to 100% of the net income in the year of your death. As well, if the amount of your bequest exceeds your income for that year, credit for the excess can be applied up to 100% of the previous year's income. This may significantly reduce the amount of tax paid by your estate and increase the amount left to your heirs. AAIA strongly recommends that you seek the advice of an independent financial advisor familiar with your personal situation.

Download Request for InformationDonation Form (PDF version will open in a new window) Form

To speak with us about arranging a donation in your will, please call our national office at 1-800-611-7011 and ask to speak with our Planned Giving Consultant.

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