Leaving a Gift in Your Will
Your will is an essential part of your estate plan. Without a will, provincial laws dictate how your assets get distributed. No matter the size of your estate, with a will, you control how your estate is disbursed.
Making your will is really about your life, not your death; it is about your interests, not your assets. It is a great way to express your personal values and beliefs. The process of making an estate plan provides clarity and support for your family and community. Some people think they must choose between leaving a gift to their family or their charity of choice. In fact, you can do both, and some charitable gifts may result in savings that will allow you to have more money to give away. By planning ahead, you can help reduce the amount of tax owing by your estate and preserve as much as possible of your heirs.
Give the information to your lawyer or the person looking after your will. Tell them you want to make a bequest gift to St. Joseph's Hospital Foundation of Saint John Inc. They can revise your will to include a written statement like this below.
Making your will is really about your life, not your death; it is about your interests, not your assets. It is a great way to express your personal values and beliefs. The process of making an estate plan provides clarity and support for your family and community. Some people think they must choose between leaving a gift to their family or their charity of choice. In fact, you can do both, and some charitable gifts may result in savings that will allow you to have more money to give away. By planning ahead, you can help reduce the amount of tax owing by your estate and preserve as much as possible of your heirs.
Give the information to your lawyer or the person looking after your will. Tell them you want to make a bequest gift to St. Joseph's Hospital Foundation of Saint John Inc. They can revise your will to include a written statement like this below.
Sample Statement to add to your will:
"I bequeath to St. Joseph's Hospital Foundation of Saint John Inc., % percentage of my residue (or a specific amount) of my estate for use as it's sole discretion."
Some of our donors worry whether or not they will have enough to look after themselves until their passing. Residuals are simply a gift from whatever is left called a "residue" after all of your gifts, taxes and debts have been paid. If you have made a provision for St. Joseph's Hospital in your will, please let us know.
"I bequeath to St. Joseph's Hospital Foundation of Saint John Inc., % percentage of my residue (or a specific amount) of my estate for use as it's sole discretion."
Some of our donors worry whether or not they will have enough to look after themselves until their passing. Residuals are simply a gift from whatever is left called a "residue" after all of your gifts, taxes and debts have been paid. If you have made a provision for St. Joseph's Hospital in your will, please let us know.