Did you know that planned giving allows you to create a legacy that extends beyond your lifetime? You have the opportunity to make a lasting impact.
Planned gifts are about vision and values — a way to ensure that what you stand for today continues to make a difference for years to come.
To those who have already made this commitment, thank you. And to those considering it, your legacy can start today. Learn more about how to turn your vision into lasting impact below.
Leaving a gift in your Will
Leaving a gift in your Will is a powerful way to support the causes you care about for generations to come.
We recommend that you seek professional legal advice when preparing to include Young Life Australia in your will. When you prepare a Will, you give yourself the best chance of making sure your assets go where you want them to. Your solicitor will be able to ensure that any changes made to your will are valid and effective. However, once you have sought professional legal advice, the process to include Young Life Australia in your will is simple.
There are different types of gifts you can leave in your Will. Please discuss with your solicitor the type of gift that will best suit you and your Estate.
The most common type of bequest is a Residuary Bequest.
A Residuary Bequest is a gift of all or a percentage of what is left in your estate after specific gifts, taxes and debts have been fulfilled.
Suggested wording for a Residuary Bequest:
“After the payment of all my debts, funeral and testamentary expenses including all death, estate and succession duties payable upon or in consequence of my death and in relation to my estate:
a) I give to Young Life Australia Foundation Ltd (ABN 98 649 274 859) for its general charitable purposes:
[Choose and insert the appropriate statement from the list below]
i. the whole of my estate of whatsoever kind and wheresoever situate; or
ii. ………….. % of my estate; or
iii. the sum of $ ………………………. free of all duties and taxes payable at my death; or
iv. my ……………………… (fully describe any asset to be gifted); or
v. the residue of my estate, subject to the preceding gifts in this Will;
b) If the gift in subparagraph (a) of this clause cannot take effect completely or at all, to the extent that it cannot take effect I give the gift in subparagraph (a) of this clause to the charitable organisation or organisations in Australia which my executors in their discretion consider most nearly fulfils or fulfil the objects I intend to benefit in the share or shares my executors think fit. The objects I intend to benefit include to support young people in their journey of faith, confidence and belonging; and
c) I declare that the receipt of the treasurer, secretary or public officer for the time being of a beneficiary under this clause is a sufficient discharge to my executors in respect of a gift to that beneficiary.”
*To request that funds be directed to a specific program, replace the words ‘general purposes’ with the name of a specific program or your local Young Life Area.
Contact us
Please contact us to discuss how you can leave a lasting impact for lives to come.
1300 557 647
ABN 98 649 274 859
PO Box 552, Ryde NSW 1680
