Remembering EDO Tasmania in your will is a significant way that you can leave a lasting gift which you may otherwise be unable to make in your lifetime. When you make a bequest to the EDO, you will be leaving a legacy whereby future generations will be supported to use the law to protect the environment.
Whether large or small, every gift is greatly valued. There are various ways you can tailor your bequest to suit your circumstances. The most common gifts are:
- A percentage of your estate – this is often regarded as the most flexible way to give, as you don’t have to adjust the value of your gift to account for inflation, or changes to your total assets.
- The residue of your estate – this option allows you to provide for your family and friends, then leave the balance as a bequest to EDO Tasmania.
- Specific amount – this option won’t be adjusted for inflation or any change in your circumstances.
- A particular asset – for example, you may choose to leave property, shares or payments on a life insurance policy to EDO Tasmania.
This is an example of how you may express your intention to make a bequest to EDO Tasmania:
“I give [a specific amount / a particular asset / a percentage of my estate / the residue of my estate] to the Environmental Defenders Office Tasmania Inc. (ABN 41 070 308 031) of 131 Macquarie Street, Hobart, Tasmania, Australia to be used for the general purposes of Environmental Defenders Office Tasmania Inc.. The written receipt of an authorised officer of the Environmental Defenders Office Tasmania Inc. may be accepted by my executors as a full and complete discharge of this gift.”
However, whether you are making a new will or amending an existing one, we recommend you seek legal advice and financial advice. You should also discuss your intention to leave a gift to EDO Tasmania with your family or loved ones, so that they understand your bequest.
Please let our office know if you are considering leaving a bequest, or if you have included EDO Tasmania in your will. This will allow us to thank you and provide the opportunity to discuss any projects that you would like your gift directed towards.
Compiling your will is a very personal matter and we will respect your confidentiality at all times. If you would like your support to be publicised, we will publicly acknowledge your gift (for example, in our Annual Report or on our website).
A bequest to EDO Tasmania is a lasting gift which will be used to protect Tasmania’s precious places. Contact us for more information about making a bequest.
Image by Frederique Olivier.