Taking the time to think about making a Will now is a proactive step towards safeguarding your loved ones, securing your legacy, and contributing to a brighter tomorrow. Planning for the future isn’t just about securing the well-being of our loved ones. Planning for the future is about considering the causes we deeply care about like respiratory health.
A meaningful legacy isn’t reserved for the wealthy. Amassing great wealth during your lifetime isn’t a necessity to making a significant difference in the lives of others. A meaningful legacy is about the values you hold, the causes you care about, and the impact you want to leave behind such as a gift in your Will. Including a gift to Lung Foundation Australia in your Will is a powerful way to ensure that respiratory health remains a priority even after you’re gone.
Let’s explore what to consider as you take this thoughtful step towards making a Will and how to leave a gift in your Will.
Choosing the executor of your estate
Selecting a trusted executor is a critical first step. This individual will be responsible for ensuring that your wishes, are carried out in accordance with your Will. This includes your gift to Lung Foundation Australia. Choose someone who understands and supports your commitment to respiratory health and the importance when you are making your Will.
Providing for all loved ones: Including your furry friends in your Will
Ensure every breath matters by making provisions for the care of your pets in your Will. Just as you care for your family, ensuring the wellbeing of your furry companions is important. It showcases a compassionate approach to planning your legacy and making your Will.
Making a difference: Leaving a gift to Lung Foundation Australia
Leaving a gift in your Will to Lung Foundation Australia, can significantly contribute to advancing respiratory health initiatives. Regardless of the size. It’s a way to make a lasting impact and support Lung Foundation Australia’s mission to improve lung health.
Addressing the “what ifs”: Having a Will in place
Without a Will, the distribution of your estate may not align with your intentions. Having a Will that is clear and documented is important. It ensures that your legacy follows the path you envisioned, including the support you wish to provide for organisations like Lung Foundation Australia.
How to include a gift to Lung Foundation Australia in your Will
Step 1: Determine your preferred gift
Decide on the type of gift you’d like to leave- a residual gift, a percentage of your estate, a specific asset, or a cash sum. Each type of gift is greatly appreciated in your Will. It is worth noting that residual gifts hold a particularly powerful impact. Residual gifts maintain their value over the years, effectively combating the eroding effects of inflation. This means that your generosity retains its strength and remains as impactful in the future as it is today. In making a Will, it is important to consider these types of gifts.
Step 2: Seek professional guidance
Consulting with a legal professional to properly document your wishes is a pivotal step in this journey to making your Will. Their expertise will guide you through the process of making your Will. They can ensure your intentions are not only legally sound but also accurately represented. Legal professionals can provide valuable insights and tailor your Will to comply with the legal requirements of your jurisdiction, giving you peace of mind.
Alternatively, there are online Will-writing platforms, such as Safewill, that can offer a convenient and accessible way to making a Will. It is essential to carefully review the services offered and ensure they meet your specific needs. Consulting a legal professional remains a great option Will writing. Especially for complex estates or if you seek comprehensive legal advice towards making a Will.
Step 3: Use the correct wording
Utilise the suggested wording provided by Lung Foundation Australia found at the link below, to clearly express your desire to leave a gift in your Will. This ensures that your legacy supports respiratory health as intended.
Step 4: Notify Lung Foundation Australia
Inform Lung Foundation Australia about your decision to leave a gift in your Will. This gesture allows us to express gratitude for your generous contribution and welcome you to their community of supporters.
Your decision to include a gift to Lung Foundation Australia in your Will is a testament to your commitment to respiratory health. By taking these steps, you ensure that your values and dedication to this cause remain influential long into the future.
If you would like more information about how to leave a gift in your Will to Lung Foundation Australia and what it can mean, you can request a copy of our Gifts in Wills guide and speak with our team.
For more information about leaving a lasting legacy that will help create a future free from lung disease and lung cancer, get in touch with us at free call 1800 654 301or at legacy@lungfoundation.com.au
