How to Leave a Gift in Your Will

Leaving a gift in your will is an incredible way to help create the health care system of the future – for all current and future members of our community.

There are many ways to make a meaningful impact through your will. The following are the most common:

  • Leaving a residual gift ensures that all the other commitments in your estate, including gifts to your loved ones, are met in full. The remainder is given to the Collingwood General & Marine Hospital Foundation.
  • You may leave a percentage of your estate as a charitable gift.
  • A fixed amount gift is a good option for those who feel confident in their estate’s ability to meet all their priorities.

We strongly encourage you to speak with your financial planner or lawyer, as well as your family and other beneficiaries, when deciding if a charitable bequest is right for you.

Sample Wording

If you’ve decided to leave a gift in your will, the following is the information you need to add the Collingwood General & Marine Hospital Foundation to your will. You can bring this along to an appointment with your lawyer:

I direct my Estate Trustee to pay or transfer (describe the gift, i.e. sum of money, article of property including sufficient detail to describe it accurately) to the Collingwood General & Marine Hospital Foundation and I declare that the receipt of the person professing to be the Treasurer or other proper office of such charitable institution shall be a sufficient discharge to my Trustees who need not see to the application thereof.

If you already have a will, a simple amendment to your will (or ‘codicil’) may be all that you need.

If you would like more information or have specific questions, we’d be delighted to speak with you about your considerations for including the Collingwood General & Marine Hospital Foundation in your will. Please reach out to Jesse Dees at 705-444-8675 or deesj@cgmh.on.ca. You can also download our legacy giving brochure.