Login

Making a Bequest

A bequest is a gift to a person or organisation provided for in your will.  You may wish to make a bequest to Sleep Disorders Australia, usually in one of the following forms:

Proportional Bequest

This can be any percentage of your total estate up to 100%. This type of bequest enables you to share your estate among several people or organisations without specifying the property or the amounts involved.  There will be no complications due to fluctuations in the size of your estate or the effects of inflation.

Residual Bequest

With this type of bequest a person or organisation receives the balance of your estate after those specifically named in the Will have been provided for.  If your will is not constructed on a proportional basis, it is very important to include a residuary clause in your Will, in order to dispose of any assets not otherwise mentioned.

Specific Bequest

This is a gift of a fixed sum of money, or a specific asset, made to a person or organisation. Over time, the effects of inflation, fluctuations in the value of your estate, and/or the sale and purchase of various assets may necessitate reviewing and updating any specific requests.

Suggested Wording

Sleep Disorders Australia is involved in a variety of projects designed to support people affected by sleep disorders, promote public awareness, provide information and education, encourage and support sleep research, and to campaign for better government funding for sleep medicine facilities and for the equipment needs of sufferers.  It is easiest if donations and bequests do not place restrictions on the use of funds, as our activities may change as we identify new needs or opportunities.  Depending on the type of bequest you wish to make, suggested wording appears below.

A Proportional Bequest

“I give and bequeath, free of all taxes and duties, .....% of my estate to Sleep Disorders Australia (ABN 98 075 427 459), in aid of that charitable organisation and for its general purposes.  A written receipt from an authorised officer of Sleep Disorders Australia is to be accepted by my executors as a full and complete discharge.”

A Residual Bequest

“I give and bequeath to Sleep Disorders Australia (ABN 98 075 427 459), in aid of that charitable organisation and for its general purposes, [a specified share of]* the residue of my estate whether real or personal.  A written receipt from an authorised officer of Sleep Disorders Australia is to be accepted by my executors as a full and complete discharge.”
* Insert the share amount, or delete these words, as deemed appropriate

Specific Bequest

“I give and bequeath, [specified sum or asset]* free of all taxes and duties, to Sleep Disorders Australia (ABN 98 075 427 459), in aid of that charitable organisation and for its general purposes.  A written receipt from an authorised officer of Sleep Disorders Australia is to be accepted by my executors as a full and complete discharge.”
* Insert as applicable (e.g. "the sum of $0.00", or "my property at 11 Street name, Suburb, State", or "my collection of antique buttons").

Go to top