Including a gift in your Will
A Will is one of the most important documents that you prepare as it provides after your death for the people you love and the causes that are most significant to you. By including a gift in your Will to The Otis Foundation, you are leaving a meaningful contribution that will positively impact the well-being of hundreds of women, men and their families.
There are many ways you can ensure your loved ones are provided for and still leave a gift to The Otis Foundation. If you already have a Will in place and wish to make provision for Otis, an update or amendment to your Will can be arranged through your solicitor. Remember to review your Will every few years as your circumstances may change.
To include The Otis Foundation in your Will, speak with your solicitor who can advise on the type of gift that is best for you and The Otis Foundation. The ‘gift’ is entirely your decision, however, the Otis Foundation encourages financial donations that provide us with the flexibility to cover core business and operational costs.
There are several types of gifts you can leave in your Will:
This is the balance or what remains of your estate after your loved ones have been provided for, and after all debts and expenses of the estate have been paid.
This is a gift expressed as a percentage or fraction of your estate.
This is a nominated amount or specific gift.
In certain circumstances, gifts left to charities in your Will of property, stocks and shares, are exempt from capital gains tax. Your solicitor will advise you regarding the most effective way of structuring and timing a gift to a charity such as The Otis Foundation.
For more information contact your solicitor or phone The Otis Foundation office on (03) 5444 1185.