A bequest can be large or small, any gift will make a difference.
How to make a bequest
To make a bequest you must make or supplement your Will, as it is necessary for Wills to comply with a number of legal requirements. Your Will is a very important legal document and Cairns and Far North Environment Centre advise that you consult a solicitor or the Office of the Public Trust.
Appropriate wording of your Will is crucial. For your bequest to be valid the organisation’s full name, i.e. Cairns and Far North Environment Centre Incorporated, must be used. If necessary your solicitor or trustee company can contact us to discuss your wishes or request further information.
A clause may be inserted in your Will using the following words:
“I GIVE (insert here the details of the bequest) free from all debts (secured and unsecured) payable in respect of my estate to the Cairns and Far North Environment Centre Incorporated and I DECLARE that a receipt of the Secretary or Treasurer for the time being of the said Cairns and Far North Environment Centre Incorporated shall be a full and sufficient discharge of this bequest to my executor(s).”
Common types of bequest
After providing for family and friends you can choose to leave what remains (residual) to Cairns and Far North Environment Centre. Regular review of your Will is recommended to account for changes in your estate or compensate for inflation.
Specific cash bequest
A specific cash amount is another form of bequest that allows you to nominate a certain quantity of money. Regular review of your Will should be made.
You may decide to share your estate among a number of charities by allocating a percentage. In this case your Will does not need to be reviewed regularly.
For more information
For further information about bequests please contact Marie Short, Office Manager for a confidential conversation:
Tel: (07) 4032 1746