A financial investment in McNally House Hospice is an opportunity to ensure that end-of-life support for patients and families will be available for all in need. Gifts can include:
Your gift can be automatically withdrawn from your chequing or savings account on a monthly basis by providing McNally House with a void cheque. Monthly donations can also be made using your Visa or MasterCard. Click here and you will be guided through this easy to use and secure means of giving online.
For more information on monthly giving or to set up an automatic withdrawal with McNally House contact Amanda Black at 905-309-4013 ext. 31 or at firstname.lastname@example.org
WILLS AND BEQUESTS
- Writing your will puts you in control and gives you power – power to provide for your loved ones as you see fit, power to ease the transition of your death, and power to create a lasting legacy to the community that will continue to provide support for the future.
- Gifts made in a will are known as bequests. These bequests are vitally important for McNally House Hospiceto continue to provide end-of-life care to people living with a terminal illness.
- Benefits of a bequest to McNally House Hospice
- Your current standard of living will not change.
- When you die, your estate is entitled to a donation receipt for the full value of your gift. This is a significant tax credit on your final tax return
- You can direct your bequest to a specific purpose, or you can request that your gift be used where it is most needed.
- The following are examples of bequests, with the appropriate wording.
Sample Will Wording
General bequest, where you leave a specific amount or percentage of your estate to the Hospice “I direct my trustees to deliver, pay or transfer ___ percent (or $ ________) of my estate to McNally House Hospice.”
Residual bequest, where McNally House Hospice will receive the remainder of your estate after expenses, debts and taxes have been paid and loved ones provided for “I direct my trustees to deliver, pay, or transfer the residue of my estate to McNally House Hospice.”
Contingent bequest, where all or a portion of your estate is left to McNally House Hospice only under certain conditions “Upon the death of __________, to pay the residue of my estate (or $_____) to McNally House Hospice.”
We strongly encourage you to consult with your own legal and financial advisors before making any kind of planned gift to McNally House Hospice.
GIFTS OF SECURITIES
If you are considering how to give to McNally House Hospice and if you own securities that have appreciated significantly in value, you can derive additional benefit by donating them directly to a charity rather than donating cash!
To encourage charitable giving, the federal government has eliminated tax on capital gains if you donate the shares to a non-profit. This tax break can substantially reduce the cost of your charitable donation and might enable you to give more than originally planned.
To transfer securities directly to McNally House Hospice, please contact our Executive Director at 905-309-4013 x22 and we’ll give you guidance on how to do so efficiently. This request applies whether you hold actual certificates or have shares with an Investment Dealer.
You are strongly encouraged to consult your personal legal and financial advisors before making any planned gift to McNally House Hospice
GIFTS OF LIFE INSURANCE
A gift of life insurance is a way to make a generous contribution for relatively little cost. You can write a new insurance policy and name McNally House Hospice as owner and beneficiary. In doing so, you will receive charitable donation receipts for the annual premiums paid. You can also use paid up policies that are no longer essential to your family financial plans and have the ownership and beneficiary designation transferred to McNally House Hospice.
You are strongly encouraged to consult with your own legal and financial advisors for making any kind of planned gift to Crossroads Hospice Society.
To receive an information package, please contact our Executive Director at 905-309-4013 or email email@example.com and include the phrase “Planned Giving – Request Information Package” in the Subject line.
Tax deductible donations to McNally House Hospice can help to offset some of your annual tax due to Revenue Canada. You can help your favourite charity, and save some taxes as well. Please speak to your legal and financial advisors for making any kind of planned gift to McNally House Hospice.
McNally House will issue a tax receipt for any donation above $15.
Charitable Registration Number: 82883 4077 RR0001