A gift of a bequest is a gift of tomorrow.
One of the most important ways you can help the
work of PCYC in the future is by including a bequest
(gift) in your Will.
After you have made provision for your family &
friends, you may like to consider PCYC.
Your bequest will enable PCYC to secure our future
by helping our young people. Maybe they are hurting
and are in difficult circumstances. Maybe they are
in need of guidance and help.
Or maybe you would just like to say "Thank
You" for the opportunities PCYC gave you in
your life.
Your Will allows you to express support of your
fundamental values and make an impact on future
generations - not only by the inheritance you leave
to those close to you - but through the heritage
you can leave for the well-being of the young people
with which PCYC supports and works.
It is a heritage that could ensure your name would
be always remembered and that you contributed to
making life more fulfilling and worthwhile.
Your beqyuest also means that you are honored,
in your lifetime, as a member of the Sylvia Chase
Memorial League.
Suggested Wording for a Bequest to PCYC
I GIVE the (whole or residue or percentage) of
my estate to Police & Community Youth Clubs
NSW Limited (ABN 89 401 152 271) of 1A Cleary Avenue
Belmore NSW, for its general purposes and the receipt
of the Company Secretary of Police & Community
Youth Clubs NSW Limited will be sufficient discharge
to my executors.
OR
I GIVE the sum of (insert actual amount in both
words & numbers) to Police & Community Youth
Clubs NSW Limited (ABN 89 401 152 271) of 1A Cleary
Avenue Belmore NSW, for its general purposes and
the receipt of the Company Secretary of Police &
Community Youth Clubs NSW Limited will be sufficient
discharge to my executors.
TYPES OF BEQUESTS
1. Specific Bequests are gifts of particular
articles of property, houses, land, shares, car/s,
furniture jewellry, artwork and so on, given to
a particular person or organisation
2. General Bequests are usually gifts, sums
of money or percentages of the value of your estate
given to people or organisations
3. Residual Bequests are made up of the
remainder of your estate after the Specific and
General bequests have been distributed. You may
wish to leave residual bequests to your familiy
or freiends, or an organisation such as PCYC
4. Proportional Bequests are when you decide
to leave a specific proportion of your residual
estate eg. 70% of my residuary estate, to PCYC
5. Alternative Bequests are when you make
provision in your Will that if any named beneficiary
cannot accept your bequest, then the benefit goes
to PCYC.
Whatever amount you bequeath as your personal heritage
to PCYC, please be assured that it will be a lasting
tribute to your generosity and your concern for
the welfare of young people.
You are also honored in your lifetime as a member
of the Sylvia Chase Memorial League.
WHY IS A WILL NEEDED?
While one's own death is not something many of
us like to think about - it is a reality we will
each have to one day face.
To make a valid Will, you must be over 18 years
of age and of sound mind.
Every Australain, rich or poor, young or old, should
write a Will. It is probably the most important
document you will sign, and it sets out what you
want done with your property and possessions when
you die.
Yet many Australianss - almost 50% - die without
a Will. In legal terms, this means they die "intestate",
causing many problems for family and friends left
behind.
Australian law says tht your assets - the things
you own - may be divided up amongst your surviving
spouse and children or a number of relatives. Should
there be no relatives or dependants closer than
cousins, your assets are treated in accordance with
Government Regulations.
A Will, that is current and legal, ensures that
your estate, no matter how large or small, will
be distributed exactly the way you want it to be.
Speak to your solicitor, and arrange for it to
be planned, drawn up and executed to ensure your
wishes are carried out exactly the way you want.
MAKING YOUR WILL
The act of making your Will is simple, quick and
usually quite inexpensive. Your solicitor or a trust
company should be involved in preparing your Will.
A Will allows you to:
* Name the Executor(s) you would like to carry
out your wishes, as you intended;
* Nominate a guardian(s) to look after your children
and state any special wishes you may have for them;
* Give your estate - divided as you choose - to
family, friends and organisations. PCYC is able
to receive a specific bequest, your entire estate,
or the full or a percentage of the remainder. You
may even wish to leave the benefits of your life
insurance policy to PCYC;
* State your wishes as to whether you prefer to
be buried or cremated, and any other special instructions,
such as organ donation;
* Nominate your funeral wishes.
A Will must be signed by the person making the
Will (the testator), whose signature must be witnessed
by at least two other people who are not beneficiaries.
A safe place should be found for your Will. You
may keep a copy of your Will at home, but the original
should be entrusted to your solicitor, bank or trust
company.
As your life changes, you can change the wishes
expressed in your Will with a codicil - an alteration
or addition that is made, without having to rewrite
the whole document.
***********************
"First you
wander into the old club, and among the boys enjoying
themselves, you meet a large policeman, who doesn't
want to give you a kick in the pants. The instructor,
Sgt Clatworthy, became my second father, and besides
teaching me about wrestling, he taught me all about
life, and how to conduct yourself in society"
Bill Grenfell, State Middleweight
Wrestling Champion, 1948; Australian Champion Water
Skier, Commando & Deep Sea Diver (WW2); Sporting
Policeman of the Year, 1958; Coach, Mentor and Member
of PCYC Woolloomooloo, 1938
***********************
Register in the Sylvia Chase
Memorial League here
Email
or speak to Reg Woodleigh on (02) 96259111 today.
