A Gift in Your Will
A gift made in your will, also known as a bequest, is one of the simplest ways to make a significant gift - perhaps larger than you ever thought possible. Bequests may be directed to a particular department of the hospital that is meaningful to you. Even if you choose not to designate your bequest, you can be assured it will go to the highest priority needs at the hospital. A gift in your will to The Dr. R.E.M. Lee Hospital Foundation provides tax benefits to the donor's estate and can significantly reduce taxes payable upon death.
RRSPs & RRIFs
Make a charitable gift of Registered Retirement Savings Plan (RRSP) or Registered Retirement Income Fund (RRIF) is simple. You can make a donation of all or a portion of any remaining retirement funds upon your death by naming The Dr. R.E.M. Lee Hospital Foundation as a beneficiary on your plan.
By making The Dr. R.E.M. Lee Hospital Foundation the beneficiary of a life insurance policy you ensure that the Foundation will receive the death benefit of the policy. You can donate an existing policy or purchase a new policy. Such a gift can provide immediate and annual tax savings, as premiums paid for the policy may be eligible for tax credits.
Gift of Securities
Make a gift of securities is a tax effective way to the Hospital Foundation now or in the future as part of your estate planning. If you donate publicly traded securities that have increased in value directlry to the Foundation you do not have to pay tax on the capital gain.
We encourage you to seek estate planning and/or financial advice when making decisions about your gift to the Hospital Foundation.