Estate Planning Information / Leaving a Gift in your Will
Thank you for considering a gift to Hospice Care Ottawa. Planning ahead to leave a gift through your estate is one of the most thoughtful things you can do and will help to ensure compassionate high quality care is available to individuals and their loved ones who are going through their end-of-life journey.
Legal Name: Hospice Care Ottawa
Address: 114 Cameron Avenue, Ottawa, Ontario, K1S 0X1
Charitable Registration Number: 11896 3701 RR0001
How your gift will help
On average each year, nearly 10% of donations to Hospice Care Ottawa come in through Gift in Wills. These funds allow compassionate care to be provided, at no charge, to individuals and families on life’s most difficult journey – special care that is so appreciated. Every gift, large or small, will leave a lasting impact. Planning your estate now, and letting us know you have made provisions for delivering more compassionate care in the future, helps us with long term sustainability and planning.
Donor Testimonials
Read stories about why others decided to leave a give by Will to Hospice Care Ottawa.
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The process of leaving a gift in your Will / Estate Planning
We strongly recommend that you consult with your financial advisors if you are planning an estate gift to support Hospice Care Ottawa. The following information may be of assistance to you and your advisors in your planning.
A gift through your Will
A bequest is a donation in your Will that is distributed by your estate after your death. After your death, when your executor distributes your estate, Hospice Care Ottawa will issue an official tax receipt for the amount received.
Some common types of bequests and suggested wording to include in your Will:
Specific Bequest
Hospice Care Ottawa receives a specific (or fixed) amount of money.
"I give the sum of $______ (dollars) to Hospice Care Ottawa, of the City of Ottawa, Province of Ontario, Canada."
Residual Bequest
A gift of all or a percentage of whatever remains (the "residue") after all taxes, liabilities, administrative expenses and specific bequests have been paid. The greatest advantage of this bequest is that, as your estate increases or decreases in value over time, your donation remains proportionate.
"I give the rest, residue and remainder of my estate [or ____% of the residue] to Hospice Care Ottawa, of the City of Ottawa, Province of Ontario, Canada."
Contingent Bequest
This is a gift that takes effect only if the primary intention cannot be met. For example, you direct Hospice Care Ottawa to receive a portion of your estate if other beneficiaries do not survive you.
"If [name of beneficiary] does not survive me, or shall die within thirty days from the date of my death, I give to Hospice Care Ottawa, of the City of Ottawa, Province of Ontario, Canada, ____% of the residue of my estate [or $________]."
Some common types of bequests and suggested wording to include in your Will:
Specific Bequest
Hospice Care Ottawa receives a specific (or fixed) amount of money.
"I give the sum of $______ (dollars) to Hospice Care Ottawa, of the City of Ottawa, Province of Ontario, Canada."
Residual Bequest
A gift of all or a percentage of whatever remains (the "residue") after all taxes, liabilities, administrative expenses and specific bequests have been paid. The greatest advantage of this bequest is that, as your estate increases or decreases in value over time, your donation remains proportionate.
"I give the rest, residue and remainder of my estate [or ____% of the residue] to Hospice Care Ottawa, of the City of Ottawa, Province of Ontario, Canada."
Contingent Bequest
This is a gift that takes effect only if the primary intention cannot be met. For example, you direct Hospice Care Ottawa to receive a portion of your estate if other beneficiaries do not survive you.
"If [name of beneficiary] does not survive me, or shall die within thirty days from the date of my death, I give to Hospice Care Ottawa, of the City of Ottawa, Province of Ontario, Canada, ____% of the residue of my estate [or $________]."
Beneficiary of a life insurance policy
The gift of life insurance is a convenient and affordable way to make a substantial future gift to Hospice Care Ottawa. There are several options including transferring the ownership of a new or existing policy to Hospice Care Ottawa or naming Hospice Care Ottawa as the beneficiary of a policy. Each option has a variety of benefits that you should discuss with your insurance advisor.
Beneficiary of a registered account
If you do not have a surviving spouse or "qualified beneficiary" you may want to consider donating all or a portion of your remaining RRSP or RRIF at the time of your death to a charitable beneficiary. You can also name a charity as the beneficiary on a TFSA account. If you designate a charity as a beneficiary of a registered account, the charity issues a tax receipt for the full amount transferred.
Hospice Care Ottawa can be named as a beneficiary under your RRSP, RRIF or TFSA or you can leave directions in your Will to donate all or part of your RRSP, RRIF or TFSA. Your financial advisor can provide more details on these options.
Hospice Care Ottawa can be named as a beneficiary under your RRSP, RRIF or TFSA or you can leave directions in your Will to donate all or part of your RRSP, RRIF or TFSA. Your financial advisor can provide more details on these options.
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Your Contact at Hospice Care Ottawa
If you would like to discuss a planned estate gift, have questions about specific wording or require any further information about our work or your future impact, please contact Hilary Evans, Director, Fund Development & Communications at 343-961-7037 or by email at hilary.evans@hospicecareottawa.ca. Also, if you have already added Hospice Care Ottawa into your Will for a future gift, please consider letting us know so we can discuss your specific wishes for this future gift and celebrate your generosity during your lifetime. |
Another way to learn more
Each September, Hospice Care Ottawa is fortunate to participate in a shared Joint Estate Planning Seminar in partnership with other local charities. This event helps educate local donors about the advantages of leaving a Gift by Will. Speakers include lawyers, and financial planners, and charity representatives are there as well. Watch out for information about those sessions in your inbox each August/September.
Each September, Hospice Care Ottawa is fortunate to participate in a shared Joint Estate Planning Seminar in partnership with other local charities. This event helps educate local donors about the advantages of leaving a Gift by Will. Speakers include lawyers, and financial planners, and charity representatives are there as well. Watch out for information about those sessions in your inbox each August/September.
