We are very grateful when people decide to include a bequest to Red Dust Role Models in their Will. If you have any questions you can contact us any time at partner@reddust.org.au.
Write your free Will now
Your will is an important document that must be properly prepared and executed. Preparation will save you time, money and help you decide if you need to use a solicitor or if you can do it yourself.
If you need to make a will, it is best to consult a solicitor who is experienced in wills and estates. The cost to do this can vary a good deal so be sure to get some estimates from a few. You can search for Solicitors in your area through the Law Society in your State or Territory.
Including a gift to Red Dust Role Models in your will is a tremendous act of generosity. To ensure that your decision is carried out smoothly it is very important that the correct wording is used.
“I (insert your name here) bequeath to Red Dust Role Models ABN 12 118 641 777 for its general purposes
[Choose and insert the appropriate statement from the list below]
free of all duties, and the receipt of the Secretary or other authorised officer for the time being shall be a complete and sufficient discharge for the Executor(s).”
If you already have a Will, the most cost-effective way to include a bequest to Red Dust Role Models is by adding a codicil, which is simply a legal amendment to your existing will.
Check with your solicitor if a codicil is sufficient. Depending on the change, they may advise a full update.
Make sure that you notify family and loved ones that you are updating your will - communication will ensure your final wishes are carried out; and include the correct wording to make sure your gift is received and used as you intended.
Whole of Estate - provides the entire Estate to a beneficiary;
Residual - refers to the section of the Estate left when all other beneficiaries or debtors have been settled. This could be 100% of the residual or any percentage you choose*;
Percentage of Estate - determine an amount as a percentage of your whole Estate*; Specify an exact amount from your Estate - a fixed sum enables you to control how much a beneficiary receives precisely;
Assets - can enable a beneficiary to retain the asset and earn an income from it or sell it and realise the capital value.
*Either of these options mean you do not need to make changes to the amount if your situation changes over time.
You can decide whether you want to specify how your gift is used, or if you're happy to allow us to allocate it where it will have the greatest impact.
Most of our supporters chose to include a gift for "general purposes" but it is possible to specify how your gift is used to ensure it meets your expectations.
It is an important step to talk to family and loved ones about your will - communication will help ensure your final wishes are carried out.
Let your family know that a gift to Red Dust Role Models, or any other charity you may mention, is important to you and advise any executors and guardians of your wishes.
If you have left a gift in your will to Red Dust Role Models, please do let us know.
You can notify us by emailing us at partner@reddust.org.au.
Thank you for considering Red Dust Role Models for a gift in your Will to improve health and strengthen the future of Indigenous youth and families.