How to leave a gift in your will
Step 1 – Speak to your family and loved ones
This is a personal decision for you to make, but we recommend letting your family know that you are planning to leave a gift to yourtown in your Will, so they are aware of your decision.
Step 2 – Decide what kind of gift to leave
There are various ways you can leave a gift in your Will to yourtown.
Residual
You can make a gift of the remainder, or a percentage of the remainder, of your estate once your loved ones and expenses have been taken care of.
Specific
Also known as a pecuniary gift. You can leave a specific dollar amount in your Will to yourtown.
Asset
You may wish to leave yourtown an asset, such as property, shares, bonds, or another item like artwork.
Testamentary Trust
You can also make a gift through a testamentary trust, providing yourtown with ongoing financial support.
Step 3 – Get the help of a solicitor
Your Will is an important document that must be properly prepared and executed. We recommend using a solicitor to make sure your Will is legal and valid.
Step 4 – Wording for your Will
To include your chosen gift to yourtown when you write your Will, provide your solicitor with the following wording:
“I ..................bequeath to yourtown (ABN 11 102 379 386) (insert the percentage or residue of your estate, the amount of money, or the details of assets you choose to leave). My bequest is to be used for the general purposes of yourtown. I declare that an authorised receipt from yourtown will be a complete discharge for the executor or trustee.”
Guide to writing your Will
Download yourtown's guide to leaving a gift in your Will.
Download Bequest Brochure
How to inform us of your gift
If you have decided to leave a gift to yourtown in your Will, we would love to hear about it so we can thank you personally. We treat every discussion with privacy, confidentiality, and respect. Contact our team below.
Leaving a gift in your Will doesn't have to be complicated...
If you have any questions about leaving a gift in your Will or would like to learn more about yourtown, please get in touch with our team.
Amy Rymer
Strategic Partnerships and Philanthropy Manager
0402 427 351
[email protected]
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