Will & Estate Giving
Building a Legacy
With continued support from the community, Comox Valley Healthcare Foundation can ensure that the best healthcare is available for your family, friends and loved ones from first breath to end-of-life care.
Through a bequest in your will, you have the opportunity to build a legacy. A bequest to Comox Valley Healthcare Foundation can benefit thousands of lives by supporting compassionate and innovative patient care. Gifts from estates help our community acquire leading-edge medical equipment and technology that can effectively diagnose, treat and help prevent diseases. These gifts also help provide the resources needed to create and maintain outstanding facilities, such as Residential Care, that offer patient-centered care and comfort, promote healing and even save lives.
A planned gift plays an important role in ensuring future generations will continue to receive exceptional healthcare for years to come. When you include a gift to the Comox Valley Healthcare Foundation in your estate, you are making an investment in the future of our community.
It’s important that you put your family first – talking to your beneficiaries is as important as speaking with your family about your healthcare wishes, retirement planning and housing options. Your notary or lawyer can assist you with this process if you wish to leave a gift in your will.
What is a Bequest?
A bequest is the most common type of Planned Gift. It is a gift made in your will that can help express your wishes and interests. A bequest can be a specific sum of money, a particular asset (ie. real estate, shares or investments) or a percentage of your estate.
Each year our Foundation receives gifts from individuals who have remembered the Foundation and the Comox Valley community in their wills. This is a noble commitment and one that can only be reached after careful consideration and discussion with your financial & legal advisors, as well as with our staff.
How Planned Giving Benefits You
Unlike a gift given now, a planned gift has the advantage of not affecting your current financial resources. Gifts in a will can reduce the final taxes payable by your estate. You can specify to leave a gift in your will to Areas of Greatest Need to St. Joseph’s or the Comox Valley Hospital.
In the PDF linked below is some sample wording that may be of assistance to you when drafting wills.
Why Patti Left a Gift in her Will to CVHF
“I decided to leave a gift in my will to the St. Joseph’s Hospital Foundation (now Comox Valley Healthcare Foundation) as a simple way to say ‘thank you’ to the community I have called home since 1980. This community has given me so much, from my career in recreation and the small retail business my husband began and grew, to the wealth of friends we’ve made. I have been blessed with an absolute quality of life in the Comox Valley, and by leaving a gift in my will, I can help improve the quality of life for others who live here, too, long after I’m gone. That’s the legacy I choose to leave behind.”
- Name the Foundation as a beneficiery
- Donate publicly traded securities or stocks
- Donate a life insurance policy
Our Foundation can accept bequests for both St. Joseph’s and the new Comox Valley Hospital. Donors who have named St. Joseph’s in their existing wills need not be concerned over the validity of their bequests after the name change.
Setting up a gift in your will is a simple process. Contact your legal advisor or Lynn Dashkewytch at the CVHF office (250) 331-5957 ext. 65435, or email firstname.lastname@example.org.
Our charitable Registration Number is #887712891 RR 0001
Gift of Stock
Consider a “Charitable Gift Annuity” which provides options for you to make a donation to charity receive an immediate tax credit and receive income for your lifetime that can be almost entirely tax free.