Bequest to Best Friends Rescue

We suggest discussing precise wording with your legal practitioner, the below are suggestions to include a bequest to Best Friends Rescue Inc. when preparing or amending your Will.

A percentage of your estate

This type of bequest has the advantage of not being affected by inflation. The percentage may be any amount you choose up to 100 per cent.

Suggested wording:

I give and bequeath % of my estate to Best Friends Rescue Inc. ABN 58 449 206 386 for its general purposes and declare that the receipt of an executive officer at the time shall be sufficient discharge of my executors duty. I DECLARE a general charitable intention.

Specific Bequests

You can leave a specified dollar amount to your specified charity, or you can specify a particular asset such as real estate,shares or jewellery. The downside of leaving a particular asset is that in the event of you not having updated your Will regularly .. certain assets or chattels may no longer be in your possession and unless you have specified a financial substitution the beneficiary will receive nothing.

Suggested wording:

I give and bequeath the SUM of $ to Best Friends Rescue Inc. ABN 58 449 206 386 for its general purposes and declare that the receipt of an executive officer at the time shall be sufficient discharge of my executor's duty. I DECLARE a general charitable intention.

Residuary Bequests
 
After you have looked after your family,friends and any debts you may chose to leave what remains to a charity. This is called a residuary bequest because it represents the residue (remainder) of your estate. This is one of the most effective types of bequests because it has the advantage of ensuring that the real dollar value of your bequest is not eroded by inflation over time, you can leave a residual bequest or a percentage of the residual.

Suggested wording:

After the foregoing provisions of my Will for my family and friends have been carried out,I give the rest and residue of whatever kind of my estate remaining for the general purposes of Best Friends Rescue Inc. ABN 58 449 206 386 and declare that the receipt of an executive officer at the time shall be sufficient discharge of my executor's duty. I DECLARE a general charitable intention.