| KAIROS CARE BEQUESTS |
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Having a Will is important Your Will makes it easier for your family and loved ones to follow your wishes in distributing your estate. The inheritance laws in Australia are complex and having a Will ensures your estate and assets are administered in the manner you intended. It is important you seek independent legal advice from a solicitor xo that your instructons are followed and that your Will complies with all legal requirements. What is a Bequest? A bequest is a gift made in your Will. You can make bequests to individuals, companies, associations, communities or charities. Leaving a gift in your Will is one of the most generous and thoughtful ways you can say thank you for all the good things in your life Making a bequest may be as simple as adding an additional statement to your exisiting Will - and your solicitor is the best person to advise you how to make a bequest or change your Will. Types of Bequests Specific Bequest The simplest form of bequest is a 'specific bequest'. This may be money or insurance proceeds that you name as a gift to the KPMA Development Account (or property, stocks, shares that you name for others). Residual Bequest After you have specified your gifts to family, friends and others, you can nominate to leave part or all of what is left of your estate (the 'residue') to the KPMA Development Account. Many people find this type of bequest to be an excellent solution for 'leftover' amounts. Percentage Bequest Another alternative is to make a 'percentage bequest'. Through this method you can nominate to leave a percentage of your total estate to the Kairos. |
| KPMA is a Company Limited by Guarantee (ABN 55 081 496 175) and is registered as a not-for-profit charity with DGR and ITEC status |
| To find our more on how to leave a bequest to Kairos and how it may be utilised, please email Ian Pavletich, National Marketing and Promotion at [email protected] or ring 0411 967 693 Again please note: we cannot, and do not, provide advice on the preparation of your Will nor the bequest appropriateness within the bounds of your personal situation, you need to seek independent advice for all these areas and for completion of paperwork. |