Sample gift in Will language

We’ve put together some sample gift in Will language to assist with the different ways you can give.

Residual gift wording

Use this language to gift the remainder of your estate after expenses and specific bequests are paid:

“I give the the remainder of my estate to Aruma, ABN#: 31 001 813 403, for its general purposes and I declare that the receipt of the Secretary or other proper officer shall be an absolute discharge to my trustee who shall not be bound to see the application of this gift.”

Specific gift wording

Use this if you intend to make an unrestricted gift in Will of cash, securities, or other property by designating a specific dollar amount, a particular asset, or a fixed percentage of your estate to Aruma to be used for general purposes:

“I give the sum of $________(or percentage or a description of the specific asset) to Aruma, ABN#: 31 001 813 403, for its general purposes and I declare that the receipt of the Secretary or other proper officer shall be an absolute discharge to my trustee who shall not be bound to see the application of this gift.”

Family first gift wording

Use this if you wish to make a family first (contingency) gift. Then Aruma will receive a portion of your estate if your named beneficiary does not survive you:

“If [insert name] is not living at the time of my demise, I give the sum of $________(or percentage or a description of the specific asset) to Aruma, ABN#: 31 001 813 403, for its general purposes and I declare that the receipt of the Secretary or other proper officer shall be an absolute discharge to my trustee who shall not be bound to see the application of this gift.”

Endowment/trust fund wording

Use this if you would like to make a gift to Aruma’s established sub fund (a type of endowment fund/trust held with Equity Trustees).

“I give to the Trustee for the time being of Equity Trustees Charitable Foundation (“the Trust”) established by Deed dated (insert date) $______ (or percentage or a description of the specific asset) of my residuary estate to be used for its general charitable purposes and I express the wish (but without imposing any trust) that this gift be held as an addition to the Aruma: Funding our Future fund to be used for the charitable purposes of that account and I declare that the receipt of the Trustee of the Trust shall be an absolute discharge to my Trustee.”

Your giving toolkit

Information for solicitors

Sample gift in Will language

Sample codicil and beneficiary nomination

Gifts from trust and private ancillary funds

Our promise to you

I'm here to help

Rebecca McCartney
Future Planning Manager
Phone: 1800 016 766
Email: giftsinwills@aruma.com.au