Every St. Patrick’s Home Foundation project directly benefits our residents.
Leave a Gift in Your Will
A gift to St. Pat’s in your Will allows you to leave a legacy of caring for generations to come. Making a legacy gift is a personal decision and one that should be done with your lawyer or financial advisor to ensure your family’s needs and your personal priorities are met. We would love to talk with you about how you can leave a lasting legacy to help seniors through your Will or other tax-beneficial planned gifts such as a gift of shares or life insurance.
Gifts in your Will
A gift in your Will shows more than just foresight and careful planning; it reveals a lasting commitment to the seniors in your community and a desire to make a difference beyond your lifetime. You can choose:
- What to give: a specific amount, a percentage or the residue of your estate. You can also bequest real property or securities.
- How your money is used. You tell us which areas or campaigns you would like to support or to direct your gift to the area of greatest need.
Giving a gift in your Will is also a tax-smart strategy. It will reduce the taxes your estate will have to pay. We can send you information about planned giving and a sample bequest clause to take to your lawyer or notary.
Gift of Life Insurance
Giving a gift of life insurance is a great way to turn small monthly payments into a significant donation. You can:
- Designate St. Patrick’s Home of Ottawa Foundation as the owner and beneficiary of your life insurance policy. We will send you a tax receipt annually for your premium payments.
- Donate a paid-up policy you no longer need. We will send you a tax receipt for the cash value.