Leave a Gift in Your Will

Some people think that including a gift to charity in their estate plans is only an option for the very wealthy. The truth is anyone can leave a legacy gift. A legacy gift is a way to make a meaningful contribution to a cause that’s important to you, and it can be tailored to fit your charitable goals. You have the potential to leave a gift that will impact the future of health care. 
 
Every gift makes a difference and we appreciate your consideration. 

A gift in your estate is one of many ways you can give. This method of charitable giving often enables you to donate more than you might have imagined possible – as your estate includes all your assets such as real estate and investments – without using any of the money you need during your lifetime. 

A legacy gift is a way for you to provide a source of future funding that will ensure the sustainability of the causes you care about. 

Making a gift in your Will is simple and you still retain control of your assets. Your estate will receive a charitable tax receipt for the full value of your gift, reducing the tax payable on your final tax return and increasing the value for your beneficiaries. 

Few decisions are as personal and significant as a legacy gift. The planning process is unique for every person. We recommend that you consult with your family, lawyer and financial advisor when considering a legacy gift. We are here to act as a resource for you through these important decisions.

Your thoughtful gift to Sunnybrook will ensure we can continue to push boundaries in life-saving research and innovation; upgrade and expand our state-of-the-art facilities; and discover new, effective treatment options for some of the most common, devastating and difficult-to-treat disorders and conditions for generations to come. By investing in Sunnybrook with a legacy gift, you ensure that we can continue to be there for patients and their families in their toughest moments.

A legacy gift allows you to provide for your loved ones first and foremost, while also supporting a cause that’s important to you. There are various ways to achieve this, and one common method is called a ‘residual gift’. This approach allows you to first address the needs of your loved ones and settle any debts, with a percentage of what remains then going to Sunnybrook. Even 5% of your estate can make an incredible impact on the future of health care. 

If you have an existing Will, and would like to leave a gift to Sunnybrook, ask your lawyer to add a codicil (an addition that modifies a part of your Will) that establishes a gift to Sunnybrook. 
 
For more information or to discuss your legacy, please speak with Christa Kelly at (416) 816-5340 or email at christa.kelly@sunnybrook.ca 

By remembering Sunnybrook with a provision in your Will, you are supporting innovative research and life-saving treatments which will improve outcomes for patients, for generations to come. 
 
Every gift will make a difference. 
 
Interested in remembering Sunnybrook with a gift in your Will? Contact Christa Kelly at 416-816-5340 for more information. 

A gift of life insurance is a cost-effective way to make a significant contribution to Sunnybrook for a fairly small annual premium. You can work with your financial advisor to determine the best option for you, based on whether you require tax relief during your lifetime or for your estate. 

You can transfer ownership of an existing policy, create a new policy, or make Sunnybrook a beneficiary of a policy. 
 
To discuss a gift of life insurance, contact Christa Kelly at 416-816-5340. 

You can designate Sunnybrook as a beneficiary of your Registered Retirement Savings Plan (RRSP), Registered Retirement Income Fund (RRIF), or Tax-Free Savings Account (TFSA). These gifts are not subject to probate fees, and your estate will gain access to tax credits for your beneficiaries to use. 

To learn more, contact Christa Kelly at 416-816-5340.