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Consider naming the UN Refugee Agency as a beneficiary

RefugeesMaking a bequest to the UN Refugee Agency is a simple yet tremendously effective way to help refugees.

Anyone, regardless of their financial means, can leave something to the UN Refugee Agency in their will.

At the UN Refugee Agency, we encourage everyone to consider their estate plans carefully and then write a valid will. In our work, we understand the concerns of property, as many refugees are forced to leave all of their belongings when they flee. Without a valid will, your assets will be administered by the state (referred to as an intestate will) and it is unlikely that your wishes will be either known or recognized.

Planned Giving LogoIf you would like to bequest a gift to UNHCR, there are three principle mechanisms, as follows:

  • a specific bequest names a specific item (or asset value) to be given to UNHCR;
  • a percentage bequest designates what percentage of an asset (or estate) is to be given to UNHCR as a beneficiary;
  • a residual bequest leaves all or a portion of what is left in the estate after the specific and percentage bequests have been distributed and after all fees and taxes on the estate have been paid.

Contact UNHCR or your lawyer for specific wording to ensure your wishes are clearly understood. In some cases, you need not re-write your will; you can add a codicil to include a specific change.

It is not necessary to notify the UN Refugee Agency that you have included a bequest in your will. However, if we are aware of your plans, we welcome the opportunity to thank you for your future gift, and to keep you informed of our current work.

 


Leave a Lasting Gift

UNHCR in your will

Gift Annuities

Remainder Trusts

Securities

Life Insurance

 

Tax Benefits

A bequest will reduce the amount of tax your estate has to pay on total assets. Up to 100% of the value of your estate can be transferred to charity and be eligible for a credit on your final return. If transferring stocks your estate will be taxed 25% less on the capital gains.


Case Study

Jane learned that as much as half of her $400,000 RRIF would be lost to taxes when she passed away. Instead, she elected to name UNHCR as the recipient of this asset in a specific bequest in her will. That way, refugees will get the benefit of the entire amount, and the taxes on her estate assets would be offset by the $400,000 tax receipt.


Success Stories

Mrs. McLean made a donation to the UN Refugee Agency in 1975, when she had a bit of money available to support refugees. However, in the ensuing years, Mrs. McLean was unable to afford to make any contributions ...

Find out more >>


Glossary

A glossary of planned giving terminology.

Find out more >>

 

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