Charitable Bequests / Gift in Will

 

 

 

Marg McGray

Marg McGray's Final Gift to Help Sustain Health Care

When Marg died just before her 93rd birthday, she not only looked after her family in her will, but also left a legacy to the Yarmouth Hospital Foundation. "My aunt always appreciated the fact that a little community like Yarmouth had such a terrific facility," Ron Love, her sister's son, says, adding she wanted to help the hospital maintain that tradition with her gift.

By leaving charitable bequests in your will to the Yarmouth Hospital Foundation, you will continue to enhance health care in your community beyond your lifetime. You can designate a certain sum of money, a particular asset, or a portion of your estate. Whatever form your gift takes, the result is the same – a healthier community.

Besides the opportunity to enhance health care and save lives, there are other benefits to leaving a gift in your will:

  • Your gift will not affect your cash flow today
  • Your gift is considered a charitable donation and your estate will receive a tax credit that your executor may use to offset income taxes owing on your income tax return
  • Your gift can be made available for immediate use or held as an endowment

To make it easier for you to determine if leaving a gift in your will is right for you, please take a look through our resources:

ENDOWMENT FUNDS

Create a Permanent Legacy

An endowment fund is a way to ensure a permanent legacy and support a specific program, service, or equipment purchase. With an endowment, your donation will be invested, and the income generated each year will be used to support your chosen area of need.

Endowment funds can be established through a donation of cash, securities through a life insurance policy, or through a gift in your will.

We can Help

Contact Mary Surette, Managing Director, to explore all of the options available.

Mary is available at (902) 749-1669 or Mary.Surette@nshealth.ca

All discussions are held in strict confidence and do not require any commitment on the part of the donor.