How to Leave a Bequest

How to Leave a Bequest

Leaving a gift in your Will is easy!

Once you have taken care of your own family, leaving a bequest in your Will to Communities at Work is a practical and powerful way to make a difference in the lives of future generations in the ACT and Capital Region. You will leave a lasting legacy that shows those you love the passion you have for the Canberra community.

You may wish to speak to your solicitor, and to your family, to make sure your wishes can be carried out the way you would like. And, of course, we are available to answer any questions you may have.

 


Three main ways to leave your legacy

There are three main ways you can remember the Canberra community with a gift to Communities at Work in your Will.

1. Nominate a Percentage of Your Estate

This type of gift allows you to leave a portion of your estate to Communities at Work. This gift will keep up with inflation and will have the most impact.

2. Include a Percentage of Your Residuary Estate

After you have taken care of your loved ones, a percentage of the remainder of your estate, known as your residuary estate, is the most effective way to give as it keeps up with inflation; the amount you plan to share today will be the same in the future. As little as 5% or 10% can make a huge difference.

3. Leave a Fixed Sum of Assets

Also known as a pecuniary gift, this type of gift allows you to leave a fixed sum of money, shares, or property to Communities at Work.

 


How do I write my Will to include Communities at Work?

 

1. Write a simple Will online

Write a simple Will Online

To assist you in writing a simple Will, we have partnered with Gathered Here, Australia’s top-rated free online Will-writing platform. It’s user-friendly, cost-effective, and only takes around 10 minutes to do.

Visit the Gathered Here website to write your free Will today.



2. Use a Will-writing kit or talk o your solicitor

Use a Will-Writing Kit or Talk to Your Solicitor

Life isn’t always simple. There are many circumstances (see below) where a Bespoke Will, personalised specifically for your situation by a lawyer, will be more appropriate than a simple Will.

Advanced provisions:

  • You want to leave a close family member out of your Will
  • You have overseas assets
  • Partner or child has a condition that affects their mental capacity
  • Partner or child has a disorder or special needs
  • Partner or child has an addiction or problems handling money
  • Child has serious relationship problems with their partner
  • You or your partner have children from another relationship
  • You or your partner operate a business or have an interest


3. Add a codicil to amend your current Will

Add a Codicil to Amend Your Current Will

If you already have a will and would like to include a gift to Communities at Work, you can add a codicil, a short legal amendment, to your Will. Your solicitor will be able to help you.


How do I find out more information?

Check out the Frequently Asked Questions, download our free Wills guide, or click here Get in Touch.

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