Remembering BeefBank in your will is a wonderful gift and is one that will change the lives of others. Planning for the future is important and your decision to leave a bequest is an enduring investment that can be directed to our feeding the homeless initiatives.
We are grateful and humbled by those who wish to leave a legacy to the homeless through our organisation, no matter the size or amount they are able to give. We rely on the power of individuals giving together to help us and we hope to be able to count you among our wonderful bequestors.
What can I bequeath?
A bequest to BeefBank can come in a number of forms:
- A specific sum of money or nominated asset such as a house or other land, shares and other investments, life insurance, works of art or other valuables.
- A bequest of your entire estate, or percentage of your entire estate (after all debts and expenses have been paid).
- A residual bequest, or a specified share or percentage of your residuary estate, after all debts and expenses have been paid, and other gifts distributed.
- Your property, (such as a house) can pass to BeefBank after having been used or occupied by a primary beneficiary during their lifetime. BeefBank would receive this only after a specified period or after the nominated person has passed.
How do I do this?
If you wish to give a bequest to BeefBank, please consider using our advised will wording. While the exact Will Wording will depend on the type of bequest you wish to make, our advised format will ensure there is no confusion regarding the recipient of your bequest and the way in which funds will be used (helping needy Australians). We recommend having a lawyer review your will.
“I …………………………………… devise and bequeath free of all duties…………………… (amount/percentage or share/residue or assets to be gifted) to BeefBank Ltd (ABN: 49162222282) of 103 Verney Road West Graceville QLD 4075. My bequest is to be used for the general purposes of BeefBank Ltd. I direct that the receipt of any director or other proper officer for the time being of BeefBank Ltd will be a sufficient discharge to my Trustees.”
Once your will is updated please consider advising your executors and BeefBank of your intentions to donate to our charity.