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Bequests

On this page: The facts about why we need your help | The Opportunity | The Words for your Will that are so important | The Gift | The Future | The Bequest | The Options | A special thank you


The facts about why we need your help

Arthritis and other forms of musculoskeletal disease are one of the single, most prevalent diseases in Australia today. There are over 120 different types of arthritis.

These often chronic, long term diseases affect 25% of the Australian population. For more than 30 years, the Arthritis Foundation of New South Wales has been driven by a vision to improve the quality of life of people with arthritis, osteoporosis and other musculoskeletal conditions.

The Arthritis Foundation of New South Wales services are highly effective in preventing disability, promoting self management, increasing independence and supporting the efforts of carers.

The Arthritis Foundation of New South Wales support and education programs hold the key to improved quality of life for the many thousands of men, women and children living with arthritis and related diseases.
Research holds the key to more effective treatments. By remembering the Arthritis Foundation of New South Wales in your Will, you can play a part in finding a cure for these debilitating diseases.

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children with arthritisThe opportunity

Thirty years ago, people in New South Wales with arthritis had little access to the support and information needed to maximise independence and minimise the debilitating pain of their disease.

Today, thanks in part to the benefactors of the past who remembered us in their Will, the Arthritis Foundation of New South Wales provides an umbrella of care that is a refuge to people struggling to overcome their arthritis.

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The words for your Will that are so important

Here is suggested wording for making a bequest:

“ I devise and bequeath - the whole/a percentage/the residue of my estate to the Arthritis Foundation of New South Wales. A receipt from the Treasurer of the said Foundation shall be sufficient discharge for the same”

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The gift

A bequest is a gift that keeps on giving long after you are able to do so personally.

It is the ultimate, selfless gift.

Many generous supporters of the Arthritis Foundation of New South Wales have honoured their memory - and their passion for our cause - by remembering the Arthritis Foundation of New South Wales in their Will.
A gift made in your Will to a charitable organisation is called a bequest. For organisations like the Arthritis Foundation of New South Wales, bequests play a vital role in enabling us to take a major step forward in the fight against arthritis.

For many of us, a bequest provides the key to realising our dream to make a significant gift to a cause close to our heart… the kind of gift many of us are unable to make during our lifetime.

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The future

helping people of all agesBefore deciding to leave a bequest, people want to know how it will help, how they will be touching the future through their Will.

Monies received from bequests such as that from the estate of Marion Ruth Hood helped the Arthritis Foundation of New South Wales design and publish the booklet ‘Your Self Help Guide to Arthritis Management.’
Another bequest from the estate of George Maurice McGill annually assists our education department in their work of running Arthritis Self Help Courses and seminars and giving talks to community groups.

Every bequest helps us to continue to expand our services into new and exciting areas and to show people with arthritis that they do not have to live in pain.

Every bequest is welcome and appreciated.

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The bequest

Here are some things you should know before you consider making a bequest.

Everyone over the age of 18 - regardless of the size of their assets – should have a legal Will.

People who die intestate (without leaving a Will) can cause unintentional emotional and financial hardship for those they leave behind. If you die without leaving a Will, your assets will be distributed according to law – regardless of how well known your intentions are.

A valid Will is a legally-enforceable document which names the people and/or organisations you nominate to receive your assets when you die, as well as the nominated guardians of any dependent children. Assets include everything you own such as property, vehicles, funds held in bank accounts, household goods, jewellery and so on.

You can change your Will at any time - and you should revise it to reflect changing circumstances (i.e. the death of a beneficiary; marriage; divorce; a change in financial status).

Your first priority when preparing your Will is to provide for the immediate needs and future security of your family, relatives and perhaps friends. The balance of the estate after all specified provisions have been met is referred to as the ‘residue’, and many generous people look to this residue to provide special bequests to charitable causes close to their heart.

A bequest (also referred to as a ‘legacy’) is a gift nominated in your Will.

If you already have a Will and wish to include a bequest to the Arthritis Foundation of New South Wales, you should contact your solicitor or trust officer. If the bequest is reasonably straight forward, your legal adviser may suggest you simply add a codicil (addendum) specifying the terms of the bequest. You may however, be advised to amend your existing Will.

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The options

child with arthritisA bequest is a deeply personal gift. Benefactors are able to express their support in the manner they feel most appropriate.

There are several options for leaving a bequest - it can be in the form of:

  • A specified sum of cash. This does not allow for changes of circumstance or inflation.
  • A percentage of the overall value of your estate which allows for growth or depletion of the value of your estate.
  • A gift of real estate An investment. This includes stocks, bonds, shares, artwork, jewellery etc.
  • A residual gift which is a share or whole of your estate after providing for family and friends.

Your will is the most important document you will ever sign. Your intentions today will have a lasting impact on the future and security of your loved ones and any organisation you wish to benefit from your last expression of generosity.

Ring Arthritis NSW CEO Philip Hopkin on 1800 011 041 if you have any questions or wish to receive a copy of this information as a hard copy brochure.

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A special 'thank you'

Mrs Van PetersWe would like to make special mention of Mrs Van Peters, whose recent bequest in memory of her husband increased our charity's financial security.

In honour of this bequest, we have named our office premises Van Peters Cottage. The $30000 annual grant to Westmead Rheumatology Unit has been renamed the Van Peters Research Grant.

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