Thank you for considering leaving a bequest to Tuberous Sclerosis Australia in your will.
Leaving a bequest is wonderful way to leave a lasting legacy, making a difference to the lives of families affected by TSC for generations to come.
Your generosity in leaving a bequest will ensure our support and information services can continue well into the future.
Please feel free to contact us for a confidential conversation to find out more about how you make a bequest.
What is a bequest?
A bequest is an instruction you make in your will, directing that some or all of your estate be gifted to a charity or particular cause. It can be in the form of money, property, shares and debentures, works of art, or other valuables. You don’t have to be wealthy to make a bequest – whatever you choose to give will make a difference in the lives of individuals facing the challenges of life with TSC.
Getting help to plan your estate
Estate planning is about ensuring that for now and in the future, the value of your assets are maximised and will be directed to the people and causes dear to you. A trusted legal or financial advisor can help develop a plan for your current situation but also for the realisation of your estate.
Your legal or financial advisor can help determine:
- the appropriate gift level for each beneficiary;
- the type of gift to make;
- the tax implications of your gift, eg
- a specific sum
- all or part of a particular asset such as property, shares or insurance policy
- a proportion of your estate, or
- all or part of the residue of your estate, ie the remainder after all testamentary expenses and specific bequests (gifts) to named beneficiaries (eg family) have been paid.
- the capital gains tax on investment property and stocks and shares;
- how to best structure the gift to each beneficiary.
Wording your intention in your will
At the core of estate planning is a person’s will. Including Tuberous Sclerosis Australia in your will is simple. The following standard wording can be used or adapted to your requirements in writing a new will or amending your existing will:
Bequests for general purposes
‘I bequeath to Tuberous Sclerosis Australia Inc (Incorporation no. Y07116-42)…. (fill in amount of money, percentage or residue of estate, details of property or shares). My bequest is to be used for the general purposes of Tuberous Sclerosis Australia and I declare that the receipt of the treasurer, secretary or public officer of Tuberous Sclerosis Australia Inc is an absolute discharge to my executors.’
Bequests for specified purposes
For bequests for a defined purpose such as support for research or another activity wording similar to the following is appropriate: ‘I bequeath to Tuberous Sclerosis Australia Inc (Incorporation no. Y07116-42)… (fill in amount of money, percentage or residue of estate, details of property or shares). My bequest is to be used to support (research into Tuberous Sclerosis or other activity). I declare that the receipt of the treasurer, secretary or public officer of the Tuberous Sclerosis Australia Inc is an absolute discharge to my executors’
Let us know, because we would like to thank you
We understand that making a will is a very personal matter. Letting us know your intention to make Tuberous Sclerosis Australia one of your beneficiaries would be of assistance to our future planning. We would very much like the opportunity to thank you for your intended gift during your lifetime. It would also – with your consent – provide us with an opportunity to recognise your generosity.