Bequests

Thank you for considering Out On Screen as a beneficiary to your estate. Your legacy gift will ensure that Out On Screen can continue in our core focuses of exhibition, youth education, and creative initiatives. Please read the information below and if you have any questions please contact Will Pratt, Director of Development 604-844-1615 or email will@outonscreen.com

How do I word my will to leave a gift of a bequest to Out On Screen?

In order to establish a bequest to The Vancouver Out On Screen Film and Video Society (Out On Screen) it is necessary to create a legal Will, or to create an amendment to an existing Will.

Out On Screen Planned Gifts: Wording Your Bequest

Specific Bequest – This can mean either a specific sum of money or a particular property such as real estate, stocks, bonds or other items. If you choose to bequest a specific sum of money, an example of the wording would be:

"I give to The Vancouver Out On Screen Film and Video Society the sum of (amount)..."

If you choose to bequest a particular property such as real estate, stocks, bonds or other items, an example of the wording would be:

"Unless the property is useful to The Vancouver Out On Screen Film and Video Society it will be sold and the proceeds will go to The Vancouver Out On Screen Film and Video Society less any appraisals and selling costs applied as per the terms of the bequest".

Residual Bequest – In this case, The Vancouver Out On Screen Film and Video Society is given all or a percentage of what remains of the estate after paying debts, taxes, expenses, and other bequests. An example of the wording would be:

"I give to The Vancouver Out On Screen Film and Video Society all (or stated percentage) of the rest, residue, and remainder of my estate...".

Contingent Bequest – This gift takes place only if the testator is not survived by certain individuals. An example of the wording would be:

"If (name/s of primary beneficiary/ies) do(es) not survive me, or shall die within ninety (90) days from the date of my death, or shall die as a result of a common disaster, then I give to The Vancouver Out On Screen Film and Video Society (describe the amount of cash, property or percentage of residual estate...".

Please talk to a professional advisor. The information presented here is intended to give you an overview of this type of planned gift. We strongly recommend that you obtain independent professional advice to ensure your financial goals are considered, your tax situation is reviewed, and your planned gift is tailored to your individual circumstances. This information is not intended as legal advice.

Registered Charity #890743792 RR0001

Vancouver Out on Screen Film and Video Society