Gifts in Wills FAQ
Gifts in Wills – your questions answered
We recognise that writing a Will is one of the most personal and significant decisions you’ll ever make. It’s important to take the time you need and have all the information to help you make up your mind.
Leaving clear instructions and sharing your decisions with your loved ones can give you the peace of mind that your final wishes will be understood and respected after you’ve gone.
Do I need a Will?
If you are over 18 you really should have a Will. Unfortunately, over 50% of Australians never get around to making a Will. This means that state laws then determine how their assets will be distributed when they die. That’s why we recommend that you make a Will if you haven’t already done so.
I don’t want family and friends to miss out, what should I do?
We understand that your family and friends come first. All we ask is that once you have taken care of your family and friends, you also consider including a gift to the National Stroke Foundation.
What will it cost?
Writing or updating a Will is not as expensive as you might think. Solicitors can provide estimates on request, but the cost will depend on how complex your personal affairs are.
Why are gifts in Wills so important to charities?
The reality is that without the gifts left in Wills by people like you, many charities would not exist today. Every supporter remembering us in their Will should know that their gift makes a valuable contribution in the fight against stroke.
Do I have enough money to leave a gift in my Will?
It’s a common myth that only the rich, famous and eccentric leave money to charity in their Wills. This couldn’t be further from the truth. Thousands of Australians do it. Every gift we receive, however large or small, is important to us. They all add up. Even a small percentage of your estate can make an enormous difference.
How do I make a gift to the National Stroke Foundation in my Will?
If you wish to remember the National Stoke Foundation in your Will, you can use the suggested wording as a guideline. However, we do recommend you speak to a solicitor or legal advisor. It is important that bequests are left to the National Stroke Foundation and also include reference to our ABN 42 006 173 379.
Can I add a gift to the National Stroke Foundation in my existing Will?
If you have already written a Will but would like to add a bequest to the National Stroke Foundation you can easily do so by adding a codicil – a short legal amendment – to your existing Will with the help of your legal advisor.
How will the National Stroke Foundation use my bequest?
A bequest that supports our work in general provides the Stroke Foundation with the greatest flexibility to respond to critical priorities in the future. No bequests are used for administrative purposes.
Is the gift in my Will confidential?
The National Stroke Foundation respects your privacy at all times and honours your gift with care, sensitivity and the respect it deserves. We will not pass on any details of your Will or any personal or confidential information you provide us.
For further information call the National Stroke Foundation Bequest Team on 1300 194 196 or email firstname.lastname@example.org