What is a bequest?
We all need to make a will to make sure our property and assets go where we want them. As well as making provisions for family and others close to you, you can also include a provision to help provide opportunities to homeless young people. A bequest does not have to be cash; it can include securities or real estate for example.
When you make a bequest to St John’s Youth Services you will be leaving a part of your estate to benefit hundreds of disadvantaged young people in Adelaide. Your bequest will help them to gain independence and access to opportunities that can change their lives for the better.
How can I leave a bequest?
Leaving a bequest in your will is easy. Including the following statement will ensure that your wish to provide for homeless children and young people is carried out:
“I give and bequeath *________________________ to:
St John’s Youth Services – ABN: 64 218 906 004 | Level 1 / 379 Halifax St Adelaide SA 5000 | PO Box 2063 Adelaide SA 5001 – to be paid free of all duty and to be applied for the general purposes of the organisation. I declare the receipt from the CEO or other officer of St John’s Youth Services shall be a sufficient discharge to my executors.”
*For example “the sum of $………”, or “….. % of the whole estate”, or “……… property or real estate.”
If you already have a will you can simply add a supplement that sets out your instructions for a bequest. St John’s Youth Services recommends you talk to your legal advisor when making or amending your will.
If you’d like more information on making a bequest, feel free to contact us.