When preparing your Will, we recommend you take care of your loved ones and responsibilities first, and then consider including a charitable gift that best suits your personal circumstances.
It is important to word your Will correctly.
We recommend speaking to a legal professional to assist you to plan and write your will. You can find a link to your state Law Society to help with this on our Frequently asked questions page.
Some examples of how to include a gift to Silverchain in your Will are:
- Residual gift (ie. a percentage of or remainder of your estate)
- Pecuniary gift (ie. a fixed amount)
- Specific gift (ie. shares, specific property or item)
Residual gift
A residual gift is a portion or percentage of, or the remainder of your estate, after all other gifts, taxes, and debts have been fulfilled. This may be written in your Will as:
“I give the residue of my estate to Silverchain Foundation Ltd of 6 Sundercombe Street, Osborne Park, Western Australia 6017 for its general purposes and a receipt from an authorised representative of the beneficiary shall be deemed proof of payment.”
Pecuniary gift
A pecuniary gift is a stated sum of money. This may be written as:
“I give the sum of $ …… to Silverchain Foundation Ltd of 6 Sundercombe Street, Osborne Park, Western Australia 6017 for its general purposes and a receipt from an authorised representative of the beneficiary shall be deemed proof of payment.”
Specific gift
A specific gift involves leaving an item of value to Silverchain. Here’s how you could write this in your Will:
“I give my …… to Silverchain Foundation Ltd of 6 Sundercombe Street, Osborne Park, Western Australia 6017 for its general purposes and a receipt from an authorised representative of the beneficiary shall be deemed proof of payment.”
Please Note: While we are happy to discuss how a gift in your Will to Silverchain can make a meaningful impact and provide wording examples, we cannot provide legal advice. You should seek independent legal advice to suit your individual circumstances.
Contact our Bequest team today
To discuss leaving a gift to Silverchain or if you would like more information, including a copy of our brochure 'Leaving a gift in your Will: a legacy of care' please contact us using the following methods:
Via phone
1300 650 803
Please ask for Ken Doran in the Foundation Team.
Via email
bequests@silverchain.org.au
Please email your questions directly to Ken at this email.