LEAVING A LEGACY

Bequests and other planned gift – Share your heritage

Bequests: By including the Douglas Foundation as a beneficiary in your will, you make a gift that comes from your estate and does not affect your resources while you are living and may still need them. Your bequest can take the form of cash or property. To avoid confusion, it is important that you designate the beneficiary, the Douglas Mental Health University Foundation, by its full name.

Bequeath your pension fund: RREGOP, PPMP, LIRA, RRIF, RIF and other

In some cases, donating or bequeathing some of these retirement vehicles could significantly reduce the tax impact on your estate without depriving your heirs.

For more information, please consult La Capitale Financial Security Advisor and Mutual Funds Representative for the Douglas Institute Mr. Tony Azar, MBA:  [email protected]  (514) 569-4373

Gifts of insurance policies:
Donating a life insurance policy is a simple way to make a large donation while reducing your tax burden now, and it does not reduce the value of the estate you leave to loved ones! A gift of life insurance can allow you to make a much larger donation to the Douglas than you might otherwise be able to give. Premiums are eligible for a tax credit. In addition, the policy is not paid from your estate, but leaves it intact. The amount of your donation will be more generous than the sum of your premiums.

For more information, please contact Nathalie Italiano at 514 761-6131, ext. 2781 or Download our brochure on making a bequest or other planned gift.