Leave a Bequest A bequest is a gift left in a will. When you leave a bequest to SU QLD, you give a gift that can last longer than a lifetime, a gift that will always be remembered. Bequests are a simple yet incredibly powerful way to provide support to a cause that matters to you. They transfer your Will into one of the most potent tools for change there is, with little or no impact on your lifestyle today.
Best of all, if you choose to include what is known as a residuary bequest in your Will, you'll have the peace of mind of knowing that your loved ones will be catered for without sacrificing your long-term support for SU QLD.
Types of Bequests Residuary Bequest
This is simply a gift of whatever is left of your estate (or a percentage thereof) after all your other gifts, taxes and debts have been fulfilled.
As they are not specific amounts of money, this sort of bequest keeps its value regardless of inflation over the years. It means that the gift you include today is worth just as much in the future.
Pecuniary Bequest
This refers to leaving a gift of a set dollar amount determined by you at the time of drawing up or altering your Will.
Specific Bequest
This is leaving a gift of an item of specific value to be passed on to SU QLD in order to generate funds.
Suggested Wording We recommend that you seek advice from your solicitor when making or updating your Will. Suggested wording for a simple bequest to SU QLD is as follows:
"I give to SU Qld A.B.N. 74 009 669 569, the head office of which is presently located at 126 Barry Parade, Fortitude Valley, Brisbane, in the state of Queensland, the sum of $..................... (a specific sum), OR my …………………. (specified items), OR …………..% of my estate (a specified percentage), OR the residue of my estate, OR the whole of my estate to be used for the religious purposes of SU Qld and I direct that the receipt of the treasurer of SU Qld shall be an absolute discharge to my executors."
Bequest Brochure For any further questions or to obtain a copy of our latest bequest brochure, please contact Wendy Ferguson on 07 3112 6400 or email bequests@suqld.org.au
