Leave a Legacy that Breathes Life
Do you wish you could make a significant gift to support TB Vets’ mission?
By making a planned gift such as a bequest in your Will, you can make a difference in BC’s respiratory frontline without affecting your current income. Apart from a gift in your Will, other ways to leave a legacy gift include naming TB Vets as a beneficiary of your life insurance, RRSP, RRIF or securities. Whichever option you choose, you can feel good that for years to come your gift will make a difference to both frontline medical heroes and the respiratory patients they care for.
Writing or changing a Will is usually less overwhelming and challenging than most people anticipate. To start, list your assets, personal property, and the people and charities you want to provide for through your estate after you pass away. To make it easier for you, TB Vets has prepared a complimentary Legacy Giving Guide which includes a planner for your personal affairs.
A legacy gift is a decision you need to make in your own time. We encourage you to discuss your charitable gift plans with loved ones. This can be a great opportunity to have a conversation about what has been meaningful to you in your life and to share your values. A family that knows your wishes are more likely to honour them.
We also strongly recommend that you use the services of a legal professional once you’re ready to draft your Will. This ensures your Will is in accordance with your personal circumstance and that everything is thoroughly considered and carefully worded.
While most people know that they should have a Will, unfortunately, many people pass away without one. This means their estate will be distributed according to the laws governing the province in which they lived, not necessarily as they intended.
It’s a good idea to update your Will after major changes in your life, like:
- marriage, separation or divorce
- new children or grandchildren
- a move to another province
- a change in financial status (sale of a business, a large inheritance, etc.)
- the death of someone named in your Will
If you are ready to arrange a legacy gift to TB Vets in your Will, you will need to give the legal professional drafting your Will our legal name, address, phone number and charitable business number. It is important for this to be accurate. If not, we may not be able to accept the gift.
Legal Name: TB Vets Charitable Foundation
Address: 1410 Kootenay St. Vancouver, BC, V5K 4R1
Phone Number: 604.874.5626
Charitable Business Number: 87416 1482 RR0001
Gifts of life insurance and registered retirement plans (RRSPs and RRIFs) have similar tax benefits as bequests, as well as the following advantages:
- There is no need to involve a lawyer and no legal fees.
- They are simple gifts to give. In most cases, all they require is a change to a beneficiary designation form.
- They are private.
- They can’t be contested.
Please contact us for additional information about these types of gifts, and consult your advisor to learn if it may be right for you.
Making a Legacy Gift
You can also prepare your Will today using our lawyer-approved and simple online service here:
Still planning? We are pleased to offer you a free Legacy Guide.
It is understandable that end of life plans and discussions can be difficult at the best of times. This guide was created with that understanding in mind and will help you put your affairs in order.
Here you will find a place to gather information for next of kin and your executor. This information will come in handy when drafting or editing your Will. You will also find more details on legacy giving, including ways to ensure your wishes are honoured, the possible tax benefits of leaving a legacy gift to TB Vets, and the responsibilities of your executor. You may wish to work with a lawyer and/or financial advisor to ensure your wishes are carried out as intended.
The digital format is readily available for you to download below. We can also mail a free printed package for you upon request.
How To Get in Touch
Anna du Bois, Legacy Giving Officer
604.874.5626 or 604.374.7415