Legacy Giving - Establishing a Gift in Your Will
Create a legacy that lives on.

A Will is a formal legal document in which you specify who you wish your possessions to be gifted to after your death. If you were to die without a properly written Will, your lifetime accumulation of wealth would be distributed according to provincial law, regardless of your wishes.
 
A properly prepared Will helps ease the transition of your passing for family and friends. It provides you with the security of knowing that your possessions and estate will be distributed in accordance with your personal values and wishes.
 
When planning your Will, it is important to decide your personal goals and the needs of your beneficiaries. Once decided, a bequest in your Will is one of the easiest ways to make a legacy gift. With the help of an advisor, you may include language in your Will specifying what gifts are to be made to family members, friends or the Health Sciences Centre Foundation as part of your estate plan. A gift to the Foundation in your Will provides tax benefits as well as the opportunity to leave your legacy in the community and continue to provide resources to the HSC Foundation to help fuel our vital work.
 
Your Gift in a Will Options:

Gifts in a Will can take many forms and often consist of cash, real property and/or securities like stocks, bonds and mutual funds.
 
Unrestricted gifts in a Will are gifts in a Will that allow the Health Sciences Centre Foundation to use the donor’s bequest where it is felt to be the most needed.
 
Restricted gifts in a Will are gifts with a specific purpose. You may, for instance, specify the gift be used for a particular area of interest in a precise area of the hospital, for example, research, equipment, etc.
 
Contingent gifts in a Will take effect when you name the Health Sciences Centre Foundation as an alternate beneficiary. Your gift is given to the Health Sciences Centre Foundation only if other beneficiaries in your Will pass away before you.
 
Reversionary gifts in a Will take effect when you name the Health Sciences Centre Foundation as an alternate beneficiary. Your gift is transferred to the Health Sciences Centre Foundation when any of the other beneficiaries in the Will are prohibited or have an inability to take their gift.
 
Your legal advisor can help you prepare a Will that addresses your individual wishes and requirements.
 

Learn more about Gifts in a Will.