What types of bequests can I make?
There are a number of options for leaving a gift in your will to Save the Children:
A specific sum or percentage of your estate:
A specific sum is an option but it is a good idea to think about the effects of inflation over time. What may seem like a large amount now may not seem so in years to come. Nominating a percentage of your estate instead of a cash sum means that you do not have to keep adjusting your gift to allow for inflation.
The residue of your estate
You gift what is left from your estate after all other gifts and costs have been deducted.
A specific gift of property or other assets
Other than property, your gift could be of shares, bonds or insurance policies.
How should I word my bequest to Save the Children?
The following is the wording to use (delete as appropriate):
“I give and bequeath to Save the Children New Zealand ___ (insert here either % of estate, or residue of estate, or a sum of money, or a description of property or assets) for general purposes. A receipt given on behalf of Save the Children New Zealand will be a complete discharge to my trustees for the bequest”.
How do I make a bequest?
We recommend that you first discuss your plans with your solicitor and your immediate family. Instruct your legal advisor or trust company to include the wording above in your will.
Can I direct how my bequest is to be used?
As your bequest is unlikely to be realised for some years to come, we recommend that it is made for general purposes, so that our successors can have the flexibility to direct it to the area of greatest need at the time. However, if you are interested in directing your gift to a specific area of our work please call us on 0800 167 168 to discuss some options.
Who should I tell when I have made my bequest?
We recommend you keep your family informed of your bequest intentions. We would also greatly appreciate knowing of your plans so that we can thank you for your support and invite you to become a member of the Eglantyne Jebb Society, named in honour of the founder of Save the Children.
As a member you will receive updates on our work and invitations to special events. There are no fees or obligations associated with membership; rather the Society has been established as a way for us to thank and acknowledge our very special bequest donors.
Any bequest details that you choose to share with us will remain confidential.