IN SUPPORT
OF
SHRINERS
HOSPITALS FOR
CHILDREN,
MONTREAL, CANADA
&
WA WA
SHRINE PATIENT
TRANSPORTATION FUND
WHAT IS DONOR RELATIONS?
The Donor Relations Program, formerly called Endowments, Wills, and Gifts was
first initiated in the late 1930's.
Over these many decades its objectives remain the same. To secure the aid, in a dignified manner, of charitable-mined people who will
remember our Hospitals with legacies and gifts to Shriners Hospitals for
Children... That
challenge continues today to facilitate and encourage active involvement by
Nobles and their Ladies, and where appropriate, the Public at large, to
participate in all the vehicles provided for the direction of donated funds to our Shrine Philanthropy. Please consider the various options available
through Estate Planning to support the Shriners Hospitals for Children in
Montreal and the WA WA Shrine Patient Transportation Fund.
WHAT IS PLANNED GIVING?
Planned Giving is the
process by which you decide in writing the method of distribution of your estate
assets at the time of your death. You must have a valid will that will speak for
you and provide absolute instructions to your executor. Without a valid will an
administrator will be appointed under the Intestate Successions Act and the
decisions to distribute your assets are made for you. Planned gifts are usually
deferred, meaning they are arranged now and fulfilled later. For example, a
person could include a provision in his or her will to make a bequest to a
charitable organization that would be provided at the time of their death.
SUGGESTED METHODS OF GIVING
The Personal Contributing Membership.
A onetime donation of $150.00 to the Shriners Hospital for Children relieves
you as a Shriner, of the annual $5.00 hospital assessment for the rest of your
life, gets you a tax deductible receipt and a certificate. This membership adds
to a special endowment fund in which only the income from the gift is spent
annually to support our hospitals.
The $100 Million Dollar Club
A donation of $100.00 to the Shriners Hospital for Children enters you as a
member of the $100 Million Dollar Club. With it comes a tax deductible receipt
and a certificate. This is an excellent way to provide the gift of hope for a
child in need. Membership can be in any other person’s name as a special
anniversary, birthday or appreciation gift.
Shriners Annual Gift Campaign.
The
Annual Gift Campaign gives every Shriner the opportunity to volunteer to be
personally
involved in funding the operations of Shriners Hospitals for Children
each year, thus securing our legacy of providing expert medical care to
children, conducting world-class research and teaching future generations of
care givers.
SOME OTHER METHODS OF GIVING
A gift of money. Send a
Cheque or money order payable to Shriners Hospitals for Children or The WA WA
Shrine Patient Transportation Fund. A receipt for tax purposes is issued
The purchase or
assignment of a Life Insurance Policy. Name the Shriners Hospital for Children
or The WA WA Shrine Patient Transportation Fund as the sole beneficiary.
Give an outright gift.
Such items as cash, securities, real estate, personal property etc., are welcome
as we continue the mission of care giving at Shriners Hospitals for children.
Creation of a Charitable
Remainder Trust. The beneficiary can have the right to receive periodic payments
during their life time if they desire.
An A In Memoriam @ donation in remembrance of a deceased Noble, his Lady, or friend to The WA WA
Shrine Patient Transportation Fund.
A weekly, monthly, or
yearly financial pledge.
PROBATE INFORMATION FOR THE EXECUTOR
Some
of the more important duties of an Executor in the probate of an estate:
Locate
and obtain original Last Will and Testament.
Prepare an inventory of the assets of the Estate.
Locate
and review deceased=s
Income Tax Returns
Obtain
Statements of loans from banks, Visa, etc.
Prepare
a listing of the beneficiaries.
Consult a lawyer.
Compile necessary documents for application to Sask. Court of Queens Bench if
Letters Probate or Administration are required.
Advertise for creditors if advisable.
Prepare and file necessary estate income tax returns.
Apply
for / obtain a Clearance Certificate from Revenue Canada.
Collect life insurance payable to the Estate of, to a named beneficiary.
Pay
all approved creditors claims.
Prepare an accounting of all estate monies received and expenses paid.
Obtain
a release from beneficiaries of the Estate in favor of the Executor with
respect to such accounting and proposal for asset distribution.
Distribute estate property to the beneficiaries.
Distribute personal property according to the will.
Have
the beneficiaries sign a Release, if necessary, apply to the Court to obtain a
Discharge of the Executor / Administrator.
The
foregoing is not exhaustive and an executor should retain a lawyer since the
administration of an estate frequently involves important legal
determinations.
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