Bequests
“…I only had one provision to add to my will, but it is one that is full of hope for the future of our students. I don’t have any second thoughts about this decision. I know just how much of an impact this donation will have and I’m confident it will be used and managed wisely.”
When you remember HEC Montréal in your will, you will be letting your loved ones know how important higher education is to you and how committed you are to shaping the next generation so that our society as a whole can grow positively, responsibly and sustainably.
Multiple benefits
- Make a meaningful contribution to shaping the leaders of tomorrow, while still ensuring your loved ones are taken care of.
- Do not incur any cost during your lifetime, beyond the legal fees involved in preparing a notarized will.
- Work toward achieving longer-term objectives and having a lasting impact on future generations.
- Maintain full control of your assets and your estate planning.
- Have a receipt corresponding to the amount of your bequest issued to your estate.
Your gift can take one of several forms
Make a specific bequest. Give a designated amount of money, an asset or a security.
Designate the HEC Montréal Foundation as a contingent beneficiary in the event of the death of a primary beneficiary.
Make a residual bequest. Gift all or part of what remains of your estate after other bequests and liabilities have been settled.
Designate the HEC Montréal Foundation as the beneficiary of an RRSP, RRIF, pension plan or life insurance policy.
Make a universal bequest. This is when you leave your entire estate to a designated beneficiary or divide it up among multiple beneficiaries.
Create a trust in your will to meet the needs of your spouse and your family for a specified duration or for their lifetime.
Create an endowment or long-term fund
Gifts in your will can be a great way to give even more to a cause you believe in, especially when the value of the assets in your estate exceeds the liquid assets at your disposal during your lifetime, which is often the case. You can choose to use your gift to set up an endowment or long-term fund in your name, your family’s name or in memory of someone who is important to you. This fund will become your lasting legacy and a way of continuing to have an impact for years to come.
Proud partner of will power
HAVE YOU MADE A PROVISION FOR HEC MONTRÉAL IN YOUR WILL?
Please let us know about the arrangements you have made by completing this declaration of intent.
- You will have the peace of mind knowing that we are aware of your wishes and will honour your intentions as efficiently and effectively as possible.
- We can thank you personally and acknowledge your generosity through Société Héritage, unless you choose to remain anonymous.
Important. Effective January 1, 2016, gifts by will are not considered to be made by the donor prior to death. Instead they are deemed to be made at the time the property is actually transferred to the charity.
Learn more
The executor (liquidator) may opt for the best solution for the donor and the estate.
You should know that there are mechanisms for transferring property assets between spouses that do not involve any tax consequences. You can therefore leave your entire estate to your spouse tax-free. However, if you do not have a spouse or your spouse predeceases you, the tax burden on your estate can be very heavy, as all assets will be deemed to be disposed of at fair market value.
We’re here for you every step of the way!
Badreddine Maamar
HEC Montréal 2007
Director – Major and Planned Gifts, and Assistant Director
Member of CAGP
Member of APFF
[email protected]
514 340-7186
Humeyra A. Karsli
HEC Montréal 2010
Senior Advisor – Philanthropy and International Alumni Relations
Member of AFP
[email protected]
514 340-7735
The HEC Montréal Foundation’s CRA registration number is 118924158 RR0001.