Make Your Will A Way To Save A Life
What can your will do?
Remembering the University Hospital Foundation in your will is an act that is generous, powerful, and surprisingly simple. It allows you to leave a larger gift than would be possible during your lifetime, while still retaining control of your assets.
Charitable Requests And Gifts In Your Will
One of the great benefits of leaving a legacy gift, is that there is no immediate cost to you. You can bequeath a piece of property or other tangible assets, securities, cash, or even a percentage of your estate. Gifts made through your will can also serve to lower or even eliminate taxes owed on your final estate.
You may also choose the purpose for which your gift will be used:
UNRESTRICTED GIFT
Your gift can be directed to support the areas of highest priorities, providing the flexibility to respond to evolving demands and allowing funds to be used where they are most needed.
RESTRICTED GIFT
Your gift can be directed to support advancements in a specific area of care or research at the University of Alberta Hospital, the Mazankowski Alberta Heart Institute or the Kaye Edmonton Clinic. Discuss which options are right for you with your loved ones and financial advisor.
Sample Will Wording
The following are sample clauses but we recommend consulting with a lawyer or financial planner before including a charitable organization in your will.
Tax Benefits
Canada offers some of the most generous tax incentives for charitable giving in the world, making it easy for you to give.
FAQs
Planned gifts are a powerful way to advance the future of healthcare. Here are answers to some of the most commonly asked questions.
The Lifeso's Story
When he was 43, Michael Lifeso had a heart attack. Shortly after his recovery, his lungs began to fail – eventually to the point where they stopped working. His parents, Clayton and Betty, were told their son did not have long to live.