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Bequests

Estate planning is about ensuring that for now and in the future, the value of your assets are maximised and will be directed to the people and causes dear to you.

A trusted legal or financial advisor can help develop a plan for your current situation but also for the realisation of your estate.

They can help determine:

  • The appropriate gift level for each beneficiary
  • How to best structure the gift to each beneficiary
  • The type of gift to make, e.g.
  • A specific sum
  • All or part of a particular asset such as property, shares or insurance policy
  • All or part of the residue of your estate, i.e. the remainder after all testamentary expenses and specific bequests (gift) to named beneficiaries (eg. family) have been paid.

Wills and Bequests

At the core of estate planning is a person’s will. Writing a will and including a gift to NeuroEndocrine Cancer Australia (a bequest) is a generous and empowering act. By doing so, loved ones are provided for, but a legacy is left that will make a real and enduring difference to Australians living with Neuroendocrine Cancers.

A bequest to NeuroEndocrine Cancer Australia will be used to support our mission to support and care for patients, carers and families and greater access to treatments and help us achieve our vision to find a cure for Neuroendocrine Cancers.

Another way of leaving a lasting gift is to set up a Charitable Trust in the family name. The capital of the estate is invested and the annual interest is used by NeuroEndocrine Cancer Australia to fund patient support and research programs. As well as having tax advantages, your gift will live on in perpetuity.

Correct Wording

You may choose to make a general bequest and allow NeuroEndocrine Cancer Australia to decide how your bequest will be used, or you may prefer to make that decision yourself e.g. direct your bequest to patient support or research.
Your legal adviser can provide further information on the different types of bequests, and on the appropriate wording for a bequest.

As a guide, the following wording may be useful:

I LEAVE AND BEQUEATH to NEUROENDOCRINE CANCER AUSTRALIA a duly registered charitable organisation and deductible gift recipient incorporated in the State of New South Wales (ABN:63893929894) the sum of (amount in word and figures) to be used in accordance with the aims and purposes as established by the said Foundation and I DECLARE that the receipt of this bequest by the Chief Executive Officer for the time being shall be a full and sufficient discharge to my Executor(s) and he/she/they shall not be bound to see the application thereof.

Newspaper Notice

To include NeuroEndocrine Cancer Australia in an obituary, please use the following language:

In lieu of flowers, a donation to the NeuroEndocrine Cancer Foundation can be mailed to NeuroEndocrine Cancer Australia, PO Box 384, Blairgowrie VIC 3942, or made online at www.neuroendocrine.org.au

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