Wills & Bequests
Leaving a gift in your will
A bequest in your Will is a true and enduring statement of commitment and concern for others.
Naturally a family and loved ones come first, but if you are able, please think of PACI.
You might choose to leave a sum of money, shares of property, the whole or proportion of an estate, or an asset of some other kind.
Large or small, your bequest will help us continue the important work we do.
Who will your gift help?
Potentially thousands of senior Australians will benefit. Why?
Every year, one in three Australians aged over 65 falls over.
Only 40% survive that fall. Many die and others are badly injured.
Falls are the main reason older people are admitted to hospital or residential aged care facilities.
In addition to injuries, a fall that requires treatment can lead to a diminished lifestyle, loss of confidence and mobility, social contact, loneliness and depression.
Older people can safeguard their situation by participating in healthy ageing programs that play a role in preventing falls and minimizing harm from falls.
PACI’s Steady Steps exercise program helps older people in the region maintain their fitness and acquire the skills to do it. Preventing falls is something we need to care about.
A simple fall can impact on us all. Every person, family and community is at risk, so it is imperative this acclaimed program in falls prevention continues.
Your bequest will help PACI meet one of the major challenges offered by the fastest growing age group in the nation.
Your guide to making a Bequest
While you may draft a Will yourself, it is recommended that you seek advice about the appropriate procedures from your Solicitor, Tax Advisor or a Trustee Company.
If you wish to make a Bequest to Positive Ageing Cairns Incorporated the following clauses may be used, or other suitable clauses recommended to you by your advisor.
Where a Legacy of cash is intended:
“I GIVE to Positive Ageing Cairns Incorporated, free of all duties, the summ of $….. to be applied for its general purpose; AND I DIRECT that the receipt of the Treasurer or other proper officer of the organisation shall be a full and sufficient discharge to my Executors.”
Where a residual Bequest is intended:
“I GIVE to Positive Ageing Cairns Incorporated for its general purposes, the rest and residue of my Estate, free of all duties, to be applied, as part of the assets of Positive Ageing Cairns Incorporated; AND I DIRECT that the receipt of the Treasurer or other proper officer if the organisation shall be a full and sufficient discharge to my Executors.”
Where a Bequest of Property or an Asset is intended:
“I GIVE to Positive Ageing Cairns Incorporated for its general purposes, my (land/property at …………..); (shares/debentures/life insurance); (works of art, collections, furniture); free of all duties, to be applied as part of the assets of Positive Ageing Cairns Incorporated; AND I DIRECT that the receipt of the Treasurer or other proper officer of the said organisation shall be a full and sufficient discharge to my Executors.”
Duties are not payable on any gifts to Positive Ageing Cairns Incorporated. A will or Codicil must be witnessed by two people are we strongly recommend that you see a Solicitor or Trustee Company in order to prepare any Will or Codicil.
“I’m going to make sure that everything I worked so hard for during my lifetime benefits my family.
That my children are taken care of in the manner I choose. And that long after I leave this earth, my values will still be reflected in my community by my legacy of support.” – Anonymous