Leave a Gift in Will
A Gift in Will helps provide a lifetime of Hope
Leaving a Gift in Will (also known as a Bequest) to Cystic Fibrosis Australia (CFA) helps ensure critical work is continually being achieved for Australians living with cystic fibrosis (CF).
A Gift in Will can provide hope for the future for people living with CF. Over the past 60+ years, steps within the scientific and medical space has come a long way. People born with CF are living longer and experiencing a better quality to life. However, a cure is still to be found.
The work of CFA is vast and varied and we often have to respond to changes in knowledge, practice, or treatments. Therefore, the more flexibility we have to invest your gift in the best way possible, the better our chances are of supporting Australians living with CF.
The Impact of Your Gift
CFA is committed to supporting the future of CF in Australia. With your help, your legacy will continue to help support our vital research, advocacy, and collaborative projects and programs.
Because of you, we can continue to stand with people living with CF, their families and carers until the letters CF stand for Cure Found.
Leaving a Gift in Will
Many people choose to support CFA during their lifetime – to celebrate someone, honour the memory of a loved one, or just to show support and ease the burden for others. Often a gift in your will is a natural extension to ensure future support.
Understanding the different types of gifts that can be left in a Will is important. As a guide, the most common gifts are the following:
Residual gift – Once your debts are paid and provisions are made for loved ones named in your will, you can choose to leave the remainder (or a proportion of the remainder) of your estate to CFA.
A residual bequest also provides a form of protection as you continue to fund your lifestyle. Furthermore, this type of bequest retains its value over time (unlike a specific cash gift that can reduce in value with inflation).
Whole or part of your estate – You can leave your entire estate or any part of your estate to CFA.
A fixed specific gift – A gift in the form of other property such as shares or investments.
A fixed sum of money gift – Also known as a pecuniary bequest, this gift is in the form of a specified cash amount. As it may be many years before your gift will be realised, many donors choose to nominate a small percentage of their estate instead of a fixed cash sum. Either way, we are very grateful for the support you are giving.
Making a will
I’m using a Solicitor:
If you need to make a will, it is best to consult a solicitor who is experienced in wills and estates. The cost to do this varies significantly, don’t be shy to shop around and get an estimate of fees upfront.
I’m doing my own will:
If your estate is not complicated you may prefer to create a will yourself. CFA recommends you seek professional advice when creating a will to ensure your will is valid.
SUGGESTED WORDING FOR A GIFT IN WILL TO CYSTIC FIBROSIS AUSTRALIA (ABN: 73 104 285 136)
Specific Legacies.
“I give to Cystic Fibrosis Australia, the sum of $________ for its general purposes free of all duties and taxes payable upon or in consequence of my death and I declare that the receipt of its Chief Executive, Treasurer, or other authorised officer shall be sufficient discharge of my executors”.
Residuary Bequests.
“I give, devise and bequeath the rest and residue of my estate to Cystic Fibrosis Australia, for its general purposes and I declare that the receipt of its Chief Executive, Treasurer or other authorised officer shall be sufficient discharge to my executors.”