A Gift in your Will, whether it be a fixed asset, a set amount, or a percentage of your estate, could offer vital and improved health service access for all Australians – no matter where they live. Such gifts allow us to continue to offer healthcare services across the West Moreton Health region. They offer a unique way to provide for the causes and ideals that have been important in your life. Through a Gift in your Will, you can ensure that Ipswich Hospital Foundation can grow, strengthen, and ensure people continue to have access to life-changing support and opportunities for years into the future.
”Leaving a gift in your Will is an incredible act and a lasting way to support our work. Give the gift of a lifetime to celebrate Ipswich Hospital Foundation and West Moreton Health into the future.
Geraldine MackenzieIHF Board Chair
Wording Your Will
When you choose to include Ipswich Hospital Foundation in your Will, you should use the following words: “I give to Ipswich Hospital Foundation ABN 40 137 504 686 for its general purposes
• ____% of my estate or
• the residue of my estate or
• The sum of $______________ or
• Specified items (eg, life insurance policy number, possessions, land, etc.)
free of all debts, funeral and testamentary expenses, duties and taxes.
I direct that the receipt of the Treasurer or other public officer for the time being of the Ipswich Hospital Foundation shall be good and sufficient discharge of this bequest to my executor(s)”.
Legal information
It is important to use the full name of our organisation, Ipswich Hospital Foundation. We strongly recommend that you seek the advice of an independent solicitor before making or changing your Will.
Questions?
Please contact us 1300 736 428
Ipswich Hospital Foundation is a deductible gift recipient organisation according to the Australian Taxation Office. All donations over $2 may be deducted from your taxable income.
Types of bequests
Once you have decided to leave a bequest to Ipswich Hospital Foundation in your Will, you will need to give some consideration to the type of bequest you would like to make. There are a number you could consider:
Percentage of your estate
You may wish to nominate a percentage of your estate to Ipswich Hospital Foundation.
Residual bequest
Once you have provided for your family and friends, you may choose to leave the remainder – the residue – to the Ipswich Hospital Foundation. This type of bequest means that as your estate increases in value, so does the bequest.
Property, shares or insurance
Ipswich Hospital Foundation can accept all forms of property or shares and can be the sole beneficiary of a life insurance policy.
Specific sum
You can also leave a specific cash amount to the Foundation.
Contingency bequest
This is a bequest whereby you establish a trust in your Will to allow a spouse or other person to use your property and to receive all of the income derived from your estate during their lifetime. When they die, the capital and interest will be passed onto Ipswich Hospital Foundation.
