Bequests and planned giving: a legacy that changes lives
Does this way of giving appeal to you?
Contact Mélissa Brinant, Senior Advisor, Planned Gifts at melissa.brinant@icm-mhi.org or at 514 593-2525, ext. 3307.
Bequest
A donation in your will allows you to support a cause that is dear to your heart while ensuring your heirs benefit from a tax break. Regardless of your financial situation, this is a gift that mirrors your values and will allow you to depart with peace of mind knowing you will have a lasting impact.
All the property is bequeathed, after taxes and debts are paid, and is sometimes divided among several beneficiaries.
Example of a testamentary clause:
"I bequeath all my property to the Montreal Heart Institute Foundation, registration number: 10183 7896 RR001.”
All or a percentage of the property that remains after payment of taxes and debts and specific bequests.
Example of a testamentary clause:
“I bequeath all (or _%) of the residue of my property to the Montreal Heart Institute Foundation, registration number: 10183 7896 RR001.”
This corresponds to a specific amount of the succession or determined property.
Example of a testamentary clause:
“I bequeath the sum of $_ to the Montreal Heart Institute Foundation, registration number: 10183 7896 RR001.”
Did you know that you can also designate the Foundation as the beneficiary of a retirement plan (RRSP or RRIF) or life insurance policy in your will?
Example of a testamentary clause:
“I designate the Montreal Heart Institute Foundation (registration number: 10183 7896 RR001), as the beneficiary of my _ (RRSP, RRIF, etc.).”
We're here to guide you through this process
Have you already planned to make a donation in your will to the Montreal Heart Institute Foundation? If you wish, let us know so that we can express our gratitude. This is entirely up to you and your wishes can remain confidential. You can also change your mind at any time, with no obligation to notify us.
If you are a liquidator of a succession that includes a bequest to the Montreal Heart Institute Foundation, our team is available to help you facilitate the process.
Other ways to give
Together, we can explore alternative donation plans, such as the donation of flow-through shares, that are advantageous for you. Contact us to discover how you can maximize your impact on a cause that is dear to your heart.
Yves Roy: a big-hearted visionary
Yves Roy is fascinated by the humanity that drives and propels the Institute. He has worked tirelessly with the Foundation for nearly 10 years.
“My spouse and I have been fortunate when it comes to our finances. And because we don’t have children, we want the financial resources we’ve accumulated to benefit other people. This drive to ‘pass it on’ involves organizations and institutions that are very dear to our hearts.”
[Yves Roy, board member of the Foundation, who has planned to make a donation]
Disclaimer
The content on this page is provided for information purposes only. It is not intended to be a substitute for the professional advice and assistance of a notary, accountant, financial advisor, or other expert. Please discuss your projects with these specialists.