Charitable giving and bequests: donating in memory of a loved one
Published on November 19, 2024
The loss of a loved one is an extremely difficult ordeal. Nevertheless, there are ways to give some meaning to this painful loss and to honor the memory of the departed. Charitable giving and bequests are two such ways. These are not only ways of paying tribute: they also allow a legacy to live on by contributing to important causes.
At Aeterna Funeral Complex, we offer tailor-made support to the families who consult us. In addition to helping them plan funerals, celebrations of life and funeral prearrangements, we guide them through the process of making charitable donations and bequests.
In this article, we explore how to honour the memory of a deceased loved one through charitable giving or bequests, and the ways in which Aeterna Complex can support you in making these important choices.
In Memoriam donations: how to honor the memory of a loved one through charitable giving
Donations made in memory of a deceased person, also known as “in memoriam” donations, are a meaningful way to honor a loved one while supporting a cause close to their heart. Whether in support of a charity, a research foundation or an organization that accompanied the person at the end of their life, this gesture is both a meaningful tribute and a way of supporting initiatives that contribute to the well-being of the community.
Charitable donations can be made in a variety of ways:
- Financial donations: making a monetary contribution to a chosen organization.
- In-kind donations: bequeathing material goods, such as valuables or property.
- Targeted donations: support a specific cause, such as palliative care, disease research or bereavement.
If you'd like to donate in memory of a loved one, the Aeterna Complex is there to assist you. Together, we can select organizations and causes that reflect the values and beliefs of the departed.
Bequests and charitable giving: the impact of inheritance on noble causes
Bequests are another powerful way of honouring the memory of a loved one. It's a provision left in a person's will, specifying that a portion or all of their estate be allocated to one or more charitable causes.
Types of bequests include:
- Money bequests: an amount of money is left to a specific organization.
- In-kind bequests: material goods (such as property or works of art) are donated to a cause.
- Residual bequests: a fraction of the estate's remaining assets is allocated to charity.
One of the great advantages of a bequest is that it allows you to reduce the tax payable on your estate, thanks to the donation tax credit. This can help benefit your heirs. If you are considering making a bequest, we encourage you to consult a notary or tax advisor to optimize your estate planning.
Donations and legacies: A lasting legacy for future generations
Charitable donations and bequests are not just ways to honor a loved one. They are also ways of leaving a positive legacy that will last beyond our lifetime. By choosing to donate in memory of a deceased loved one, or by including a charitable bequest in your will, you are contributing to initiatives that have a real and lasting impact on the community.
Whether you decide to make a charitable donation after the loss of a loved one, or to plan a long-term legacy in your will, it's essential to work with advisors who understand the nuances involved. At Aeterna Funeral Complex, we offer respectful, professional support to help you make your decisions with peace of mind.
Funeral planning in Montreal: Why choose Aeterna Funeral Complex?
When planning a funeral or funeral pre-arrangement, professional guidance is essential, especially when important decisions need to be made, such as those related to charitable donations or bequests. The Aeterna Funeral Complex stands out for its ability to offer personalized, respectful service that considers families' beliefs, traditions and wishes.
Our family care advisors are there to guide you every step of the way, helping you make informed choices. Our modern, refined facilities, located in Montreal's Saint-Laurent borough, are designed to provide a soothing, reflective atmosphere. What's more, our multilingual team is always ready to help families from diverse cultures and backgrounds, ensuring respectful and authentic support.
Honour a loved one with a donation or bequest
Making a charitable donation in the name of someone you love, or planning a bequest in your will, are powerful ways to honor the memory of a loved one while supporting important causes. Aeterna is here to guide you through the process, offering personalized service tailored to your needs and budget.
Whether you're looking for a solution to pre-arrange a funeral, or would like to discuss donation and bequest options, our team is ready to guide you with respect, competence and discretion.
Contact our professionals at Aeterna Funeral Complex to book an appointment.