While loved ones should always be your first consideration, have you ever thought about the legacy that you could leave behind by including a charity as a beneficiary in your Will?
Around 25% of Australians say they would like to include a charity but it’s often not top of mind when it comes time to write their Will, resulting in only 7.5% following through. This is unfortunate because, for many people, their legacy is a wonderful chance to make a big difference in the lives of vulnerable people around the world, even if they didn’t have the means to do so during their lifetime.
Wills Estate makes it easy and simple to include a charity in your Will.
What is a beneficiary?
A beneficiary is a person who receives all or part of the distribution from the deceased estate. There are two types of beneficiaries that are included in Wills. It’s important to understand the difference so that you can think deeply about how you’d like to divide...
What is an executor?
An executor is a person (or sometimes more than one person) named in a Will to carry out the wishes of the Will-maker after their death. Often solicitors or specialist trustee companies are named as executors. The most critical activity undertaken by the appointed...
What is a Will?
A will is a legal document that spells out your wishes regarding the care of your children, pets as well as the distribution of your assets after your death. Put simply, a Will is a legally prepared and bound document that states your intentions for the distribution...