Registered Retirement Savings Funds (RRSPs or RRIFs)
Retirement funds are among your most heavily taxed assets. If you make Oakville Hospital Foundation a direct beneficiary, you retain ownership of the plan, receive a tax receipt for the value of the plan and avoid the fees associated with removing registered assets from your estate.
How it works
Legacy giving through RRSPs or RRIFs allows you to designate the charity of your choice as the sole or partial beneficiary.
Simply name Oakville Hospital Foundation as a direct beneficiary on the retirement plan. Remember to let the institution holding your retirement account know about the change.