A bequest does not have to be a large amount of money. Financial gifts of any size can make a significant difference to our work. There are many ways you can tailor a bequest to suit your personal preferences and circumstances.The most usual types of bequest are:
You can provide for your family and friends first and leave what is left (the residue) to NPA. As your estate increases in value, so does your bequest. A residual bequest helps offset the effect of inflation. NPA can receive all forms of property and shares, and can be the sole beneficiary of a life insurance policy.
Percentage or nominated portion of estate
Your estate can be divided among a number of people and/or organisations. You won’t have to remake your will to compensate for inflation.
NPA can receive all forms of property including shares and can be the sole beneficiary of a life insurance policy.
Establishing a trust in your Will allows a spouse or nominated person to use your property and receive any income derived from your estate during their lifetime. The capital can then be passed on to NPA.
A specific cash sum is a common form of bequest but because it doesn’t allow for inflation. It therefore needs to be reviewed regularly.
How to proceed
Choose which type of bequest you would like to leave, and use our suggested wording for your Will. For assistance, please contact us for more information