Bequest Fund

The process of including city women in your will is straightforward. If desired, you can even nominate how you would like your gift to be used.

The Bequest Process

1. The first step is to decide which type of bequest you want to include.

2. The second step is to include the correct wording in your Will.
It is advisable to use a lawyer or to seek legal advice when preparing your
Will, to ensure your plans are valid and effective. We are here to help you with
this process and can suggest a number of helpful solicitors.

The Types of Bequests

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. Because it is not a specific amount, a Residuary Bequest maintains its value over time regardless of economic changes and automatically adjusts as the value of your estates fluctuates. Suggested wording for a Residuary Bequest: “I give the rest of my estate [or ... per cent of my residuary estate] free of all duties to City Women (ABN 86 240 137 174) for its general purposes and direct that the receipt of the authorised officer of City Women will be a sufficient discharge to my trustees.”

A Specific Bequest

A Specific Bequest is a gift of a particular item of property which can be used by City Women to generate funds, such as a home, furniture, artwork, shares or the proceeds of a named bank account. Suggested wording for a Specific
Bequest: “I give [insert a description of the item being gifted] free of all duties
to City Women (ABN 86 240 137 174 ) for its general purposes and
direct that the receipt of the authorised officer of City Women will be a sufficient discharge to my trustees.”

A Pecuniary Bequest

A Pecuniary Bequest is the gift of a set dollar amount determined by you at the time of making your Will. Suggested wording for a Pecuniary Bequest: “I give the sum of $ [insert amount] free of all duties to City Women (ABN 86 240 137 174 ) for its general purposes and direct that the receipt of the authorised officer of City Women will be a sufficient discharge to my trustees.” *To request that funds be directed to a specific program, replace the words “general purposes” with the name of a specific City Women ministry or program.

Should I let City Women know that I have included them in my Will?

You don’t have to, but it is helpful. By letting City Women know, you are helping us to strategically plan as they continue their work in the city. It will also ensure that City Women keeps you updated with news about relevant programs.

 

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Bequest Fund

The process of including city women in your will is straightforward. If desired, you can even nominate how you would like your gift to be used.

The Bequest Process

1. The first step is to decide which type of bequest you want to include.

2. The second step is to include the correct wording in your Will.
It is advisable to use a lawyer or to seek legal advice when preparing your
Will, to ensure your plans are valid and effective. We are here to help you with
this process and can suggest a number of helpful solicitors.

The Types of Bequests

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. Because it is not a specific amount, a Residuary Bequest maintains its value over time regardless of economic changes and automatically adjusts as the value of your estates fluctuates. Suggested wording for a Residuary Bequest: “I give the rest of my estate [or ... per cent of my residuary estate] free of all duties to City Women (ABN 86 240 137 174) for its general purposes and direct that the receipt of the authorised officer of City Women will be a sufficient discharge to my trustees.”

A Specific Bequest

A Specific Bequest is a gift of a particular item of property which can be used by City Women to generate funds, such as a home, furniture, artwork, shares or the proceeds of a named bank account. Suggested wording for a Specific
Bequest: “I give [insert a description of the item being gifted] free of all duties
to City Women (ABN 86 240 137 174 ) for its general purposes and
direct that the receipt of the authorised officer of City Women will be a sufficient discharge to my trustees.”

A Pecuniary Bequest

A Pecuniary Bequest is the gift of a set dollar amount determined by you at the time of making your Will. Suggested wording for a Pecuniary Bequest: “I give the sum of $ [insert amount] free of all duties to City Women (ABN 86 240 137 174 ) for its general purposes and direct that the receipt of the authorised officer of City Women will be a sufficient discharge to my trustees.” *To request that funds be directed to a specific program, replace the words “general purposes” with the name of a specific City Women ministry or program.

Should I let City Women know that I have included them in my Will?

You don’t have to, but it is helpful. By letting City Women know, you are helping us to strategically plan as they continue their work in the city. It will also ensure that City Women keeps you updated with news about relevant programs.

 

Contact Us

admin@citywomen.com.au
+61 (7) 4638 5768
PO Box 2216 / 9 Thomas St, Toowoomba QLD 4350