Bequests
By leaving a Bequest to RBWH Foundation in your Will you will create of legacy of a healthier future for generations to come.
What is a Bequest?
A Bequest is a gift that is made through a person’s last Will and Testament. It can be relatively small or quite large. It can either be a gift of cash, a percentage of an estate. property or shares.
You can nominate how you would like your Bequest to be utilised. This may be a research area that is of interest to you, or you may like to ensure your money is used to buy a piece of equipment or to fund an annual scholarship or research fellowship.
Whatever the size or form your Bequest takes, it will make a difference to the health and wellbeing of Queenslanders and the other people throughout the world who benefit from research undertaken at RBWH.
How to make a Bequest to RBWH Foundation
Making a Bequest to RBWH Foundation is relatively simple, you just need to follow these easy steps.
Step One: Create a Will
- If you haven’t already got a Will, you will need to make one. No matter how big or small your estate, a Will is important in ensuring that your assets are distributed according to your wishes.
- It is recommended that you seek legal advice in preparing your Will as it is an important document.
Step Two: Ensure correct Bequest wording
- Ensure you use the correct wording for your bequest.
- If you would like to make a bequest to RBWH Foundation, it is important that your Will is precisely worded and accurately reflects your wishes.
- Therefore, you might like to provide the following wording to your solicitor for inclusion in your Will.
A specific gift for general purposes:
“I give and bequeath [the whole of my estate / the sum of $…… / (proportion) of my estate / a specific asset, eg house] to the Royal Brisbane and Women’s Hospital Foundation for the general charitable purposes of the Foundation, and I declare that the receipt of the Chief Executive Officer for the time being shall constitute sufficient discharge of my executors and trustees.”
A gift of the residuary estate for general purposes:
“I give and bequeath [my residuary estate] to the Royal Brisbane and Women’s Hospital Foundation for the general charitable purposes of the Foundation, and I declare that the receipt of the Chief Executive Officer for the time being shall constitute sufficient discharge of my executors and trustees.”
A specific gift for a specific purpose:
“I give and bequeath [the whole of my estate / the sum of $…… / (proportion) of my estate / a specific asset, eg house] to the Royal Brisbane and Women’s Hospital Foundation for the purpose of [eg funding research into (particular area of interest)] and I declare that the receipt of the Chief Executive Officer for the time being shall constitute sufficient discharge of my executors and trustees.” Note, other types of gifts include a nominated percentage of the estate, the residue of the estate, specific property, stocks and bonds, etc.”
Step Three: Advise RBWH Foundation of Bequest
- If you have included RBWH Foundation in your Will, or plan to in the future, please let us know. That way we can keep you up-to-date with information regarding Foundation activities or your particular area of research interest.
- You can advise us of your bequest by calling 07 3646 7588, sending an email to a.henderson@rbwhfoundation.com.au or mailing a letter to RBWH Foundation, PO Box 94, Royal Brisbane & Women’s Hospital, QLD, 4029.