Leaving A Legacy

The gift you consider making today through your estate planning will make a profound difference to the quality of life for someone else in the future. In fact, it is very possible that your gift might save the life of a new born baby, of a teenager needing therapy, of an adult needing surgery, or a senior needing quality care. The celebration of your life can be an investment for the future of a healthy tomorrow. Thank you!

We recommend that you engage your financial or legal advisor to help create your bequest to the South Okanagan Similkameen Medical Foundation for your medical facility. Together with your family, this professional can help you make the decisions regarding what you want your legacy to be, how much you can afford to give now, and how your estate can have the best advantage of tax planning.

What options are available for an Estate Planning Gift?

Gift Restrictions

  • Unrestricted Gifts: If you wish to meet the most important needs of the South Okanagan Similkameen Medical Foundation, we recommend that your gift be unrestricted for the Penticton Regional Hospital.
  • Designate your gift; to the other health care facilities we support including; Trinity Centre and Moog & Friends Hospice House, in Penticton. Summerland Health Centre & Dr. Andrew Pavilion in Summerland, Princeton General Hospital and Ridgewood Lodge in Princeton, South Similkameen Health Centre, and Orchard Haven Care Facility in Keremeos, South Okanagan General Hospital and Sunnybank Centre, Oliver.
  • Designating your gift to a medical department: we support over 70 departments at the Penticton Regional Hospital and other health care facilities. Please check with us to ensure the proper department names are used.

Gift in your Will

If you would like to support the Penticton Regional Hospital in your Will, you can set aside a certain dollar amount or designate a percentage of the residue of your estate for the South Okanagan Similkameen Medical Foundation. You can also bequeath a specific piece of property like a home, securities or other financial assets. The tax benefits derived from these gifts are often quite substantial.

If you intend to leave a gift in your Will – large or small – to the South Okanagan Similkameen Medical Foundation, the process is quite straightforward. It is simply a matter of preparing a Will and including a phrase about your intention.

Sample phrases for your Will

“I give to the South Okanagan Similkameen Medical Foundation ____% of the residue of my estate (or the sum of $______) for purposes determined by the Foundation for the Penticton Regional Hospital.”

If you designate your gift for a specific facility, you might include the phrase: “I give to the South Okanagan Similkameen Medical Foundation ____% of the residue of my estate (or the sum of $______) for __________.” for purposes determined by the Foundation for (name of one or more of the health care facilities).

For more information on leaving a legacy:
Call the South Okanagan Similkameen Medical Foundation
Phone (250) 492-9027
Toll Free (866) 771-0994
Fax (250) 492-9054