CHARITABLE GIFT PLANNING
What is Planned Giving?
- A gift made after careful consideration through your financial or estate plan
- A gift that requires some type of legal documentation, for example, a Will or a Life Insurance Policy
- A gift that is made from your assets, not your income
- A gift that has tax advantages under current laws
- A gift that is arranged now to provide funds to Campbellford Memorial Hospital Foundation at some time in the future
- A gift that will help your local hospital
- A gift that will create the necessary environment to make your local hospital prosper
There are many different ways to make a planned gift. Most importantly, planned gifts can be tailored to your personal and financial circumstances.
The most common type of planned gift is a Charitable Bequest in a person's Will. However, more and more Canadians are realizing the benefits of giving through methods such as:
- Gifts of publicly traded stocks and mutual funds
- Life insurance policies
- Gift plus annuities
- Charitable remainder trusts
- Gifts of residual interest and real estate
Planned gifts are easy to set up and, more importantly, they can provide you with:
- Current and future income tax savings
- Estate tax savings and planning benefits
- A lifetime income for you and/or your spouse
- Philanthropic satisfaction of supporting your local hospital
If you would like, we can talk with you and your advisors to ensure your planned gift fits your desires, financial objectives, family needs, tax situation and our funding objectives. We can answer any of your questions about Campbellford Memorial Hospital's future plans. Please be assured that any discussion is confidential and will not obligate you to make a gift. If you would like to know more, please call Neil Hannam at 705-632-2014.