Glossary of planned giving terms.

Beneficiary
The recipient of a bequest from a will or a distribution from a trust.

Bequest
A transfer of property to an individual or organization under a will.

Executor
The person named in a will to administer the estate (known in Quebec as a "liquidator").

Testator
The individual making the will.

 

 

"Since giving a donation to Wycliffe, my wife and I have...received a number of letters from the recipients of our gift, thanking us and describing how it affected their ministry. Receiving those letters made us realize that we are part of what Wycliffe is doing: bringing the Word to the lost in every corner of the world."

T. Harkema
Calgary, Alta.