Gift in Your Will
Why consider a Legacy gift?
Help your community overcome future health challenges: Choosing to remember NBRHC Foundation with a donation in your Will is the perfect way to let your values, ideals and compassion for the health of your community continue into the future.
Amplify your impact: Itâs possible to make a more significant gift than you might otherwise be able to afford today. A planned gift has the advantage of not affecting your current financial resources.
How do I leave a gift to NBRHC Foundation in my Will?
Itâs easier than you think. In fact, it can actually be fun to dream about the future and give shape to the mark you will makeâŠ
- Choose the charity or charities youâd like to support. Itâs wise to book a chat with someone at your charity to talk about your options and make sure they can fulfill your future wishes.
If youâre thinking about making a donation in your Will to North Bay Regional Health Centre Foundation, thank you. You can speak to Kate at Kate.Merritt-Dupelle@nbrhc.on.ca or 705-474-8600 ext. 3254. You wonât be held to any commitment, or sent any additional communications if you wish.
2. Make sure you have their legal names and registration numbers. For reference our legal name is North Bay Regional Health Centre Foundation and our registration number is 88773 1123 RR0001.
- Get a rough estimate of the size of your estate and what percentage youâd like to go to family vs. charity.
P.S. The Will Power legacy calculator makes this really easy.
- Choose a lawyer, notary (if you live in Quebec or BC), or trusted online Will platform to draft your legal documents.
You can find legal professionals who can help on the Will Power website too.
- Make sure your Willâs executor and your family know about your plans.
Can I choose which area of the hospital my gift supports?
You can support a specific department or area of care at the Health Centre that is meaningful to you, or support a particular fund, such as the education endowment.
What information does my lawyer need?
Some helpful information for speaking to your lawyer:
- Our legal name is North Bay Regional Health Centre Foundation
- Our charitable registration number is 88773 1123 R0001
- Our address is 50 College Dr., PO Box 2500, North Bay, ON P1B 5A4
Are there tax benefits to a charitable gift in my Will?
Taxes probably arenât the first thing you think about when it comes to charity. But Canada actually has some of the most generous charitable tax incentives in the world! In Canada, when you make a donation, you get a charitable tax credit that can go a long way to help pay down what you owe.
Your loved ones might need that charitable tax credit when you pass, because your estate is likely to be hit with a huge tax bill theyâll have to take care of. You can even structure your donation in different ways so that you get the biggest tax break possible.
WillPower âą
Our commitment to you
Thank you for investing in your community’s healthcare.
For more information on including a gift in your Will, contact
Kate Merritt-Dupelle at 705-495-8125 ex. 3254 or email
kate.merritt-dupelle@nbrhc.on.ca.
