Wills and Bequests
Why it is important to have a will?
When people die without a last will and testament (Will), decisions have to be made by the courts. It is important that you have a current, legal Will so your wishes will be followed.
Remembering Diabetes Australia – Vic in your Will
A bequest in a Will is a gift which lives on after you have gone. It is a way of sharing your assets, money, property or valuables, that you may need now, but can give to a worthy cause when you no longer need them.
Changing your Will
If you have already made a Will, you can change it whenever you like. It is only your latest Will that counts. It is advisable to review a will at least every five years.
A Codicil
Some people delay making a bequest because of the time, effort and perceived expense associated with drafting a new Will. However, there is a simple alternative – a Codicil.
A Codicil usually consists of a single sheet of paper containing an instruction for your Will, and in effect becomes part of that Will. A Codicil is an easy and inexpensive way to make a bequest without needing to re-write your existing Will.
We urge you to consider making a bequest, perhaps with the aid of a Codicil. For more information regarding a Codicil (including an example of a Codicil), please contact Arnis Stonis on (03) 8648 1828 or Trevor Bailey on (03) 9667 1754.
Wording for your Will
Gifts left in Wills to Diabetes Australia – Vic are an essential component of the funds we need to provide and improve services for people with diabetes, so it's important the appropriate wording is used.
Contact us
If you would like more information about leaving a bequest to Diabetes Australia – Vic in your Will or would like to know the appropriate wording to include in your Will, please call Trevor Bailey on (03) 9667 1754 or Arnis Stonis on (03) 8648 1828 or email us.
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