Estate planning allows you to meet the needs of your family while also ensuring
St. Joseph’s will continue to provide care and support to seniors and the terminally ill into the future. St. Joseph’s Lifecare Foundation honours individuals that have notified the Foundation that they have included St. Joseph’s in their estate plans.

There are many ways to support St. Joseph’s when considering your estate plans. We would be pleased to meet with you and your financial advisors to provide assistance in this process. Feel free to call the Foundation office at 519-751-7096 ext. 2475.

The following information will give you a general overview of some Estate Planning Gift options:

Wills/Bequests
Making a specific gift to St. Joseph’s can be done through your Will, or can be done by writing an amendment called a Codicil to your existing Will. Either a specific amount or a percentage of the Estate can be indicated. “St. Joseph’s Lifecare Foundation, Brantford” is the legal name to be used when making a gift designation to St. Joseph’s.

Life Insurance
Gifts of Life Insurance are received directly from the insurer. The gift is non-taxable and does not go through the Estate. A charitable receipt is issued upon receiving the gift. As well, if you decide to name the Foundation as the irrevocable beneficiary and owner of a policy that does not expire (a whole life policy), you also receive an annual charitable receipt for the premium amount.

Endowments
Gifts of $10,000 or more can be identified as a Named Endowment Gift that will honour yourself, your family or business or a loved one. The contribution remains intact for a minimum of 10 years as a lasting legacy. You can designate the income produced by investing the endowments to support a specific program at St. Joseph’s Lifecare Centre.

Charitable Gift Annuities
A Charitable Gift Annuity is a contract between you and the Foundation where you transfer a certain sum to St. Joseph’s in exchange for guaranteed income payments for your lifetime or another person or, alternatively for a term of years.

Charitable Remainder Trusts
Gifts of a charitable remainder trust can be either cash, securities or real estate and is any trust where all or a portion of the remaining trust assets are distributed to St. Joseph’s at the termination of the trust.

Gifts of Property
You may wish to consider giving the gift of property. This can include personal property items such as furnishings, coin/stamp collections, jewellery, real estate, publicly-traded stocks, RRSPs, etc. A third party fair-market value assessment may be required for charitable income tax receipting. St. Joseph’s Lifecare Foundation reserves the right to decline gifts of property that are not consistent with Revenue Canada Taxation and/or other Government Regulations or our Mission.