By Will Power
Your Will can be a powerful tool for creating change in the world. By leaving a gift to charity in your Will you can have a much bigger impact than you ever imagined. In fact, a gift in a Will can turn that ordinary Canadian into an extraordinary philanthropist! Unfortunately, only 5% of Canadians take this step. Why? There are 5 common myths that typically get in the way of people exercising their Will power.
1. I can’t support both loved ones and my favourite causes.
Most people choose to leave everything they have to their family and loved ones. On the surface, it makes sense. However, a careful calculation can demonstrate that a small percentage of your estate left to charity still leaves enough for you to support your loved ones.Â