Australia is known to be one of the most generous nations on earth when it comes to charitable giving. 87% will support a charity in their lifetime from making a donation, taking up a challenge, holding or attending an event or volunteering their time. And when asked, 29% of people say they’d be willing to leave a gift in their will once family and friends had been provided for. The trouble is only 7.5% of Australians actually end up doing that.
HOW TO INCLUDE A GIFT IN YOUR WILL
Deciding how our wealth and possessions are to be distributed after we die is one of the most important decisions that we will make during our lifetimes.
It’s a common myth that you have to be wealthy to leave a gift in your will, but nothing could be further from the truth. After taking care of family and friends, you’ll be amazed at what one final gift, no matter how big or small, can do.
Whatever the amount, we’re extremely grateful for any gift that’s been included in a Will for the Lasallian Foundation, as it helps support disadvantaged children and their families who live in some of the poorest communities.
The easiest way is to make a gift is to seek the help of a solicitor, whether you are creating a will for the first time, or simply making an update. Your Will records your wishes at a point in time, so it is helpful to regularly review your Will as your circumstances change so that it accurately reflects your current wishes.
If you wish to leave a sum of money for use by the Lasallian Foundation as a bequest, your solicitor can use the statement:
I give the sum of $[insert amount] to the Lasallian Foundation to be applied for its general purposes*. The receipt of the CEO of the Lasallian Foundation shall be a full discharge to my trustee and my trustee shall not be bound to see to the application of this bequest.