One of the most valuable ways you can assist St Kilda Mums continue its work is by leaving a bequest in your will.
What is a bequest?
A bequest is a gift that is written in your will. It can be a gift of cash, property, shares or other items of value. The gift can be for a specified amount, a percentage of the value of your estate or the residue after your other gifts, taxes and debts have been fulfilled.
Pursuant to the Wills Act, all wills and codicils (a codicil is a document that amends, rather than replaces, a previously executed will) must be in writing, signed by the Testator, and attested by two witnesses in the presence of the Testator and each other.
As the formal requirements for making a valid will must be strictly adhered to, it is recommended that you have your will drawn up professionally by a solicitor.
Using the correct wording in your will ensures that your wishes are carried out in the best possible manner. As such, it is recommended you seek professional legal advice.
Set out below is some suggested wording. If you use wording other than the following options please ensure you indicate St Kilda Mums’ full name – St Kilda Mums Inc ABN 11 296 752 873.
“I give, free of all duties and taxes, the residue of my estate/percent of my residuary estate/the sum of $________ (choose one alternative) to St Kilda Mums Inc, 5 Vale Street, St Kilda VIC 3182 ABN 11 296 752 873. My bequest is to be used for the general purpose of St Kilda Mums and I declare that the receipt of the director, trustee, secretary or other officer of St Kilda Mums Inc is sufficient release for the executors of the estate without seeing to the final distribution of the funds.”
Please Let Us Know
After your will (or codicil) is made, please let us know. You don’t have to tell us, but we would love the opportunity to thank you.
For more information or to speak to someone about your intentions, please contact our CEO Jessica Macpherson on 0437 476 750 or by email email@example.com.