“Perhaps the greatest duty laid upon each generation is to preserve intact the great heritage
it has received, to develop and expand it and to transmit it to the generation that follows.”
Fr. Henry Carr, CSB
Gift in Will
Thank you for remembering St. Thomas More College in your estate planning. Including St. Thomas More College (STM, the College) in your Will ensures that your legacy of caring and generosity will support our collective commitment to the Catholic intellectual life, social justice, and the pastoral care of students at STM for generations to come. Because of your tremendous support through a gift in your Will, our students will be well equipped to achieve their personal and professional aspirations, engage in their communities, contribute to a more just society, and grow into the full measure of their humanity.
How to Leave a Planned Gift in your Will
One of the simplest, most effective, and most flexible ways of making a gift is to STM is to make a gift in your Will. By naming STM as a beneficiary in your Will, you can make a significant gift that might not otherwise have been affordable during your lifetime. A gift in your Will can also generate tax credits that may help offset final taxes payable by your estate. Here are a few options to leave a gift in your Will:
• A residual gift is the money that’s ‘left over’ in an estate after all the fixed commitments are met.
• A percentage gift is a percentage of your estate, and the amount of this gift will vary depending on the estate size. For example, a donor to STM who had 3 children divided her estate into 4 equal portions: each child received their portion of the estate, and the final portion will go to STM.
• A fixed sum gift is when you name a specific dollar amount.
We know that considering a gift in your Will is an emotional experience, because it is about your values. Many people find this a most satisfying way of giving because their gift can continue to make a difference for generations.
Heartwood Society
St. Thomas More College has established the Heartwood Society to recognize those who have made a planned gift to STM. All Heartwood Society contributions are acknowledged by the naming of a leaf on our Heartwood donor tree, and through invitations to and recognition at the College's signature events.
A lasting legacy
Read about the legacy of Iris Gilley, who treasured her time at STM College and planned ahead to leave a lasting legacy in support of the education, support and development the College offers its students.
Faith, Family, and Education: The Legacy of Iris Gilly
Thank you for considering a planned gift to St. Thomas More College.
We recommend that you work with a lawyer when preparing your will and consult with your accountant or financial planning advisor when making your estate plans. This will help to ensure that your intentions are clear and consider the most current tax and estate laws. Charitable tax receipts are issued for gifts received through charitable bequests. We would be honoured to meet with you to discuss your charitable intentions and assist you in creating a meaningful legacy.
Please accept our sincere thanks for your generosity and vision that together help STM to maintain and enhance the unique learning environment for which we are recognized across Canada. All members of the St. Thomas More College scholarly community are grateful for your caring support and the opportunities your planned gift in Will provides for our students.
For more information, please contact:
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