Will Power Quiz

Most people don’t know what the power and potential of their Will. Take this 5 min quiz to find out what your Will can do.

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1. A Will is a document that:

Protects and supports your loved ones after you’re gone

Directs how you want your assets distributed

Helps you pass on your values, beliefs, and life’s legacy to the next generation

Is a tool to create meaningful change in this world

All of the above

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2. You can include a charity, or any other organization as beneficiaries in your Will.

True

False

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3. People who include a charity in their Will are typically:

Wealthy philanthropists

People of average means

Older, retired

Have no children

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4. When you support a cause in your Will, you are taking away from your ability to support your loved ones.

True

False

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5. Leaving a donation in your Will can reduce, or even eliminate the taxes paid by your estate.

True

False

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6. Most Canadians are able to make a bigger contribution to their cause through their Will. The average gift left in a Will is:

$5000

$12,000

$35,000

$76,000

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7. It is recommended that you involve your family when making your Will.

True

False

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8. When you leave a gift to charity in your Will, you don’t know it will be used.

True

False

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9. It’s hard to change or amend your Will once it has been finalized.

True

False

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10. The following professionals can help you with your Will

Lawyers or notaries

Financial advisors

Accountants

All of the above