How to leave a gift in your will
It is important for everyone to have a valid will. First provide for your loved ones, and then consider whether you can also include a gift to Melanoma Institute Australia. This can be in the form of:
- Residue or part of the residue of your estate (what remains after specific gifts have been made)
- Percentage of the residue or the estate
- A specific lump sum
- A specific asset such as property, shares, bonds
The first two options are the most significant as they hold their value over time.
It’s a simple matter to give the below wording to your solicitor to include in your will. If you have an existing will, this can be added as a codicil (addition):
“I give and bequeath to Melanoma Institute Australia ABN 35 123 32 1148 [the residue / a percentage / a specific sum / a piece of property / an item] of my estate to support melanoma research, free of all duties and taxes including, if any CGT, and the receipt of the Chief Executive Officer, Secretary or other authorised officer will be a complete and sufficient discharge for the executors.”
Would you like to have a confidential chat about it?
Please contact our Major Gifts Specialist, Gabriella Lang, on (02) 9911 7239 or send Gabriella an email.