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In the past BCNA has been privileged to receive bequests from some of our members and supporters after their death. We are extremely grateful for this support. We offer the following practical information to assist anyone who is considering leaving us a bequest.
You may have already drawn up a will and now feel that you would like to ensure that all or part of your estate is bequeathed to Breast Cancer Network Australia. We recommend that you seek professional legal advice to ensure that your wishes are carried out fully.
There are two types of bequests you may wish to consider:
- General bequest - calls for funds to be used at the discretion of BCNA.
- Specific bequest - calls for funds to be directed to a specific BCNA project or event.
Please note that we prefer to receive general bequests, as it allows us the flexibility to direct funds where they are most needed.
Bequest clauses
You may find it useful to discuss these clauses with your solicitor:
General bequest
I give and bequeath to Breast Cancer Network Australia the rest and residue of my Estate Duty to be applied for the purpose of the said Network in such manner as the Board of Directors thereof may determine and I declare that the Receipt of its Chief Executive, Treasurer or other authorised officer shall be a complete discharge of this Bequest.
Specific bequestI give and bequeath to Breast Cancer Network Australia ……….. (a percentage # or dollar amount), free of Estate Duty to be applied for the purpose of the said Network in such manner as the Board of Directors thereof may determine and I declare that the Receipt of its Chief Executive, Treasurer or other authorised officer shall be a complete discharge of this Bequest.
# Please consider leaving a percentage of your estate rather than a dollar amount, as the value of your bequest could be significantly eroded by inflation between the time you write your will and the time it is administered.
* Remember, if you die without a will your estate will be sold and divided according to State law. However minimal your assets, you should always retain the right to decide what becomes of them. You should be the one to choose who benefits from your estate.
# Please consider leaving a percentage of your estate rather than a dollar amount, as the value of your bequest could be significantly eroded by inflation between the time you write your will and the time it is administered.
* Remember, if you die without a will your estate will be sold and divided according to State law. However minimal your assets, you should always retain the right to decide what becomes of them. You should be the one to choose who benefits from your estate.
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