At different times in each of our lives, we all need to make important decisions relating to our financial affairs. And writing your Will is essential for your loved ones to carry out your final wishes.
A gift in your will to the Reach Foundation (also known as a ‘bequest’) will be one of the greatest gifts possible in your lifetime. This act of generosity embraces the values you live and ensures a brighter future for every young person across Australia to reach their potential and thrive.
“There can be no keener revelation of a society’s soul than the way in which it treats its children.” – Nelson Mandela
No matter why a gift is given, each gift, whether large or small, will make a real difference to young people for many years to come.
The Reach Foundation can utilise such generous funds to continue and expand the delivery of workshops across Australia to enable, support and empower young people to become the best versions of themselves. There is no greater legacy than the investment of generations of confident, self-aware and passionate young people.
How To Leave A Gift To The Reach Foundation
How you choose to leave a gift in your Will depends on your personal preference or circumstances. We suggest you follow these steps:
- Make clear your desire to leave a bequest to The Reach Foundation, you will need to either include a specific bequest when your will is prepared or, if you already have a will in place, prepare a simple codicil to update your wishes. To make it easy for you, we’ve included some suggested wording below. As your will is a legally-binding document and every person’s circumstances are different, we encourage you to seek your own legal advice.
- Tell your nearest and dearest that you’ve made a bequest to The Reach Foundation. This step is very important. It means that when the time comes, your family know what your wishes are and won’t be surprised to hear about your gift to Reach.
- Let us know that you’ve made the bequest. We understand that your will is very personal. However, by letting us know that you’ve made the bequest (you don’t have to disclose the amount) we can recognise you as a committed Reach Foundation supporter and keep you up to date as we further our mission to empower every young person to reach their potential and thrive.
As a guide, the most common types of gifts include:
- Your entire estate – the remainder of your estate after any expenses and liabilities have been settled.
- Residual gift – a percentage of the residual from your estate after any expenses that will not be eroded by inflation over time.
- Pecuniary gift – a specified amount of money.
Our Suggested Wording For Your Will
These options are the most effective for including a gift to The Reach Foundation in your Will:
I give ________% of the residue of my Estate to The Reach Foundation – (ACN 069 837 627) for its general purposes, free of all duties and declare that the receipt of an executive officer at the time, shall be sufficient discharge of my executor’s duty.
I give $_________ to The Reach Foundation – (ACN 069 837 627) for its general purposes, free of all duties and declare that the receipt of an executive officer at the time, shall be sufficient discharge of my executor’s duty.
Want to learn more?
For more information or to discuss your gift, please contact our Marketing and Brand Manager:
0434 476 901