Choosing to leave a gift in your Will to your chosen cause is one of the most important donations you can make. We encourage you to let your family know of this decision.
If you have decided to leave a gift in your Will to the Children's Tumour Foundation of Australia, thank you for making this commitment for future generations impacted by Neurofibromatosis (NF).
How to leave a gift in your will
Making a Will or updating your existing Will to include a gift to the Children's Tumour Foundation is not complicated. We recommend you seek legal advice to talk through how you would like your estate to be distributed to make sure that the people and causes you care about are taken care of in the way that you wish.
Three types of gifts in Wills
There are three ways that you can leave a gift in your Will:
Residuary The remainder of your estate after gifts to your loved ones and expenses have been disbursed.
Percentage A percentage of either the residue or of the entire estate.
Pecuniary A gift of a specific set amount.
A residuary gift is the most powerful way to make a difference to those impacted by Neurofibromatosis.
Sample clause to include
We have provided the sample ‘bequest clause’ which you can give to your solicitor to include in your will. It is just a few lines and includes the correct information that makes sure your wishes are respected.
"I bequeath to the Children's Tumour Foundation of Australia ABN 26 1488 155 34, for its general purposes,
- the residue of my estate OR
- percentage of my residuary estate (specified percentage) OR
- the sum of (specified sum),
free of all duties and taxes including if any CGT and the receipt of the Secretary or other authorised officer for the time being shall be a complete and sufficient discharge for the executor(s)."
If you have any questions or you would like to discuss your decision to leave a gift in your Will to the Children's Tumour Foundation of Australia, please contact us on 02 9713 6111 or info@ctf.org.au.