Bequests – The Ultimate Gift
A Bequest is a gift or donation. Your gift could give a child the gift of hearing and speech, provide mobility with a wheelchair, help with specialized medical and learning equipment or contribute to the Variety Sunshine Coach Program transporting children in special schools. The list is extensive.
There are several types of bequests such as:
Specific Bequest – a gift of cash or an asset
Percentage Share – a percentage of the whole estate
Residual Bequest – how you want the remaider of your estate to be dealt with after other gifts have been given
Life insurance – all or part of your insurance policy can be gifted to Variety the children’s charity
To make a bequest you must make a Will.
Making a Will is the only way to ensure that your assts are disposed of as you would like. It is your final opportunity to express appreciation to family members, friends and your preferred charity. The best time to make your Will is now. You can review and update your Will at any time. If you are unsure of how to go about making your Will contact your solicitor or the Public trustee in your state.
To Make a Bequest in an existing Will
If you have an existing Will, you can make an amendment (called a codicil). This can be easily achieved by completing a form click here - coming soon.
Variety has been incredibly fortunate over many years to have had the benefit of some very generous supporters. They have been generous with their time, fundraising endeavours and resources. These people are also able to see the work of Variety first hand and some chose to recognise Variety in their Wills.
Over the past few years several such people have sadly passed away, however their legacy to Variety reflects the passion they had for the organisation and the special children who are supported.
The Jeffery White House
Jeffery White was a long time supporter of Variety, and was a regular guest at signature functions such as the Great Grand Final Lunch.
After Jeffery sadly passed away, his business partner Hank Span and his solicitor Lewis O’Brien identified Jeffery’s respect of Variety as an appropriate means of distributing funds left in his Estate.
In September 2006 this commitment became a reality when Hank and Lewis presented Variety a cheque on behalf of Jeffery’s memory for $925,000 to be used by Variety to buy the building in Port Melbourne outright.
This act of generosity will also fund an annual Grant to be presented in Jeffery’s name each year at a signature function.
For further enquiries, please contact: info@varietyvic.org.au
or phone 03 8698 3900
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