Planned Donation
Because life goes on...
A planned donation allows you to continue supporting an organization that was dear to you and that reflects your commitment to the society of today and tomorrow, and this even after your passing. An article titled Le plus important don d’une vie (in French) published in a special issue of the Infos Laurentides newspaper nicely summarizes the advantages.
Planned Donation
The planned donation is made as part of a financial, tax or estate planning process:
- Can be immediate or in the future
- Reflects your wishes and philanthropic objectives
- Takes into account your personal, family and fiscal contexts
Planned donations can take many forms: bequests, donation of a life insurance policy, or donation of eligible securities.
Testamentary Donation
A testamentary donation remains one of the simplest and most accessible ways to plan a donation. It can be made in the following ways:
- Specific bequest (a specific amount or a specific asset)
- Residual bequest (all or a percentage of what remains after the payment of debts and specific legacies)
- Designation as secondary beneficiary in the event of the death of the primary beneficiary
- Universal bequest (all of the assets, sometimes divided among several beneficiaries)
- Designation as beneficiary of a retirement savings plan or pension fund
- A simultaneous death clause whereby the charity inherits, should all the beneficiaries die at the same time
Donation of a Life Insurance Policy
The choice of how to make a donation in the form of life insurance will depend on your objectives, your age and your family situation. They may include:
- Assignment of an existing policy
- Purchase of a new policy
- Designation of a charity as beneficiary of the death benefit
Giving through life insurance can result in significant tax savings, as summarized in the article Atteignez vos objectifs philanthropiques tout en bénéficiant d’avantages fiscaux published in the special issue of the newspaper Infos Laurentides (in French).
Donation of Eligible Securities
Donations of publicly traded stocks, bonds, mutual fund shares and other similar securities are one of the most tax-effective ways to make a significant donation to a charity. It is more advantageous to transfer securities directly to a charity than to donate the proceeds of their sale.
This form of donation is suitable for those who wish to make a large donation without drawing on their cash flow. For more information, read the article published (in French) in the special issue of the Infos Laurentides newspaper entitled Savez-vous quel est le coût réel de votre don?
Ask your financial advisor for more information
If you are considering making a planned donation, it is strongly recommended that you consult your financial advisor in order to choose the most appropriate asset or amount to be bequeathed according to your financial situation.
IN MEMORIAM
The IN MEMORIAM donation is the perfect way to pay tribute to a loved one who received care at the Saint-Jérôme Regional Hospital or at another point of service in the territory. To do so, simply fill out the following form and send it by mail. You can also make the payment online using a credit card, debit card or bank transfer.
A tax receipt will be issued for all donations of $20 or more.
Charitable organization number: 13286 7078 RR0001