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Charitable Bequest

The most common type of deferred planned gift is the charitable bequest. It can be as simple as a sentence or two in your will, or a codicil appended to your present will.

Your bequest may specify a certain sum of money, or may give a particular asset (“my shares of XYZ stock”) or a portion of the residue of your estate after other bequests have been paid (“50% of the rest, residue and remainder of my estate”).

In consultation with West Lincoln Memorial Hospital Foundation Inc., you may designate a particular purpose for which your bequest is to be used, and you may indicate whether your bequest is to be available for immediate use or held as an endowment.

Your estate will be entitled to a donation receipt for the full value of the bequest, which may reduce significantly the tax payable with your final income tax return.

For more information and to request our Guide on Estate Gifts by Will, please click the link below.

Alternatively, you can call the Foundation Office at (905) 945-WLMH (9564) between 9:00 a.m. and 5 p.m., Monday to Friday.

Gift Planning Order Form

 

Copyright © 2005
West Lincoln Memorial
Hospital Foundation Inc.
(Bus. #10820 1526 RR0001)

 

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