Making a gift

 

Leaving a gift in your Will to charity is also referred to as a ‘bequest’, or ‘legacy’, and can take a number of forms. Your solicitor can give you more detailed advice regarding the various forms a gift may take, however in general there are three major types of gifts:
        
Specific Gift - Gifts of particular items such as artwork, property, jewellery, shares or other items of value.
        
General Gift - Usually a sum of money or percentage of the value of your estate made to a particular person or organisation.
        
Residual Gift - After providing for your family and close friends, you may choose to bestow the remainder of your estate to a charity such as the Telethon Institute for Child Health Research.
        
Your gift
All gifts given to the Institute are accumulated in the Institute’s ‘endowment fund’ and preserved in perpetuity. Consequently, the investment income that your gift will generate funds future child health initiatives in a sustainable way. These may include cutting-edge technologies, capital works or research project support.