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Making a gift in
your Will to Modbury Hospital Foundation
Making a gift in your Will to Modbury Hospital Foundation
Including a bequest to Modbury Hospital Foundation in your Will is
very simple….when you make a Will, or update your existing one,
simply ask your solicitor to include a bequest to Modbury Hospital
Foundation. We advise you to discuss options with your solicitor to
see which one is right for you.
What to do if you don’t have a Will
If you
haven’t yet made a Will or are not sure about how to include a
bequest in your Will, you can speak to any solicitor who offers a
Will-writing service.
Your
Bequest options
Here
are two effective options for including a bequest in your Will. Both
offer you the advantage of ensuring that the real dollar value of
your bequest is not eroded by inflation over time in the way that
the value of a lump sum bequest might be eroded, maintaining the
strength of the bequest and its power to serve the local community.
1.
The residue of your estate
After
you have looked after your family and friends and any debts, you may
choose to leave what remains to the Modbury Hospital Foundation.
This is called a residuary bequest, because it relates to the
residue (or remainder) of your estate. Many people choose this
option because it means you look after your loved ones and other
commitments first. Should you choose this option, the correct
wording is:
I GIVE,
DEVISE AND BEQUEATH the rest and residue of my estate both real and
personal to Modbury Hospital Foundation – (ABN 43 920 301 185) Smart
Road, Modbury 5092 for its general purposes and/or medical research
and declare that the receipt of an executive officer at the time,
shall be sufficient discharge of my executor’s duty.
2. A
percentage of the residue of your estate
An
alternative is to give a percentage of the residue of your estate.
Should you choose this alternative, the correct wording is:
I GIVE,
DEVISE AND BEQUEATH __________ per cent of the residue of my estate
to Modbury Hospital Foundation (ABN 43 920 301 185) Smart Road,
Modbury 5092, for its general purposes and/or medical research and
declare that the receipt of an executive officer at the time, shall
be sufficient discharge of my executor’s duty.
These
are not the only ways you can make a bequest to Modbury Hospital
Foundation. Should you wish to choose an alternative method, please
discuss this with your Solicitor.
Need more help?
If you
would like to discuss any aspect of making a gift to Modbury
Hospital Foundation through your Will, our Executive Director can
provide further information and professional contacts.
Phone 08 8161 2626 or email
meunson@mhfoundation.org.au.
Click here to download:
Bequest Information Form | 
