Making a Will is a very personal, but important thing to do – one that requires careful consideration and one that we all should do.
If you are making or updating your will and you have made allowance for your loved ones, you might consider leaving a lasting legacy – a bequest to the Colac Area Health Foundation is a lasting gift to the health and welfare of future generations of those who live in the Colac and district region.
There are a number of ways that a bequest can be made:
If you wish to make a bequest to the Colac Area Health Foundation, it is suggested that you carefully consider these options and discuss them fully with your family and solicitor.
Your solicitor will be able to assist when it comes to wording your bequest in a way that will ensure your wishes can and will be carried out. To assist you, following are examples of appropriately worded bequests to the Colac Area Health Foundation based upon the above examples:
“I declare that the receipt of the secretary, treasurer or other proper officer of the nominated beneficiary will be a full discharge for my trustee who will not be bound to see its application.”
You may make your bequest a ‘General Purpose Bequest’ to be administered by the Foundation, or you can make a ‘Specific Purpose Bequest’ where you direct that your bequest be used for a specific purpose or facility, such as:
If you have already made a Will, but would like to leave a gift to the Colac Area Health Foundation, you can do so by making a simple addition to your Will called a ‘Codicil‘. By adding a codicil to your Will you can include new instructions and make alterations to old ones without having to go through the process of making an entirely new Will. Discuss these options with your Solicitor.
If you would like to make a bequest or if you have already made provision in your Will for the Colac Area Health Foundation, please let us know so we may acknowledge your generosity within your lifetime.
We like to thank people for their help – read more on how you can become a Colac Area Health Foundation Special Ambassador by taking part in our Special Ambassador’s Pin Program
Phone: 03 5232 5288
If you wish to make a bequest to the Colac Area Health Foundation, make sure you discuss your intentions with your family and your solicitor.