Gifts in Wills
One of the most valuable ways you can assist St Kilda Mums continue its work is by leaving a gift in your will.
By giving a gift in your will to St Kilda Mums, you can make a lasting contribution to helping make sure that every child and family in Victoria is happy, healthy and safe.
Every gift, large or small, helps us achieve our vision to waste less, share more and care for every baby and child.
Naturally you'll want to look after your loved ones first. All we ask is that after remembering your family and friends, you consider leaving a gift in your will to St Kilda Mums.
Gifts left to charities in wills come in all different shapes and sizes, and giving a gift in your will is not just for wealthy people – it is for anybody thinking about doing something powerful, special and lasting.
The need is great. That’s why we’re asking as many of our supporters as possible to consider including a gift in their will.
What is a Gift in Will?
A gift in will (or ‘bequest’) is a gift to a charitable organisation left in a 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.
How to include a gift in your will
Everyone should have a will as it gives you the power to choose how your assets can benefit your loved ones and the world you leave behind.
Making or updating a will is simple - just ask you solicitor to include the type of gift of your choosing. Set out below is some suggested wording, however it is recommended that you seek professional legal advice.
If you use wording other than the following suggestion, please make sure that they include our correct legal name – St Kilda Mums Inc, 5 Vale Street, St Kilda VIC 3182, ABN: 11 296 752 873.
“I give free of all duties or taxes…
[Please insert here the appropriate statement selected from the six options below. Your solicitor can explain the differences between each of these options]:
- the whole of my estate
- [insert number] percent of my estate
- the residue of my estate
- [insert number] percent of the residue of my estate
- the sum of $ [insert value of your gift]
- [insert number] of my [insert name of shares] shares.
...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”
Get in touch
If you have already included a gift in your will (or codicil), please accept our heartfelt thanks for your thoughtfulness, foresight and generosity.
Please let us know so that we can thank you personally for your thoughtfulness and so we can give you a choice about how we might recognise you and how you would like us to communicate with 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 at firstname.lastname@example.org.