| Your gift -- Property / Real Estate |
You may have property or other valuable items (artwork, jewelry, etc.) that
you wish to donate. Please check with the GNGH Foundation staff before
cashing these items in if you wish to use the proceeds as a way of making
a gift to the Foundation. There may be specific benefits to transferring
ownership of these items directly to the Foundation. Together with your
financial advisor, accountant, lawyer or insurance broker we can ensure
you get the greatest benefit from your generosity while making an impact
on the GNGH Foundation's ability to purchase new or replacement
equipment at the Greater Niagara General.
Please note, all items of property require third party evaluation to assess
fair market value.
Tax receipts are given at the time the item transfers ownership and are
written at the fair market value on the date of transfer.
Real estate property also requires an environmental assessment prior to
transferring ownership.
you wish to donate. Please check with the GNGH Foundation staff before
cashing these items in if you wish to use the proceeds as a way of making
a gift to the Foundation. There may be specific benefits to transferring
ownership of these items directly to the Foundation. Together with your
financial advisor, accountant, lawyer or insurance broker we can ensure
you get the greatest benefit from your generosity while making an impact
on the GNGH Foundation's ability to purchase new or replacement
equipment at the Greater Niagara General.
Please note, all items of property require third party evaluation to assess
fair market value.
Tax receipts are given at the time the item transfers ownership and are
written at the fair market value on the date of transfer.
Real estate property also requires an environmental assessment prior to
transferring ownership.
| Return to Ways to Give |
| Leaving a gift by naming the GNGH Foundation as a beneficiary of property entitles you to become a member of the Heritage Society. |
| Always consult with your professional advisor (estate lawyer, accountant, insurance representative, or financial planner) before making any planned gift. |
