Leave a gift in your will
Thank you for considering a charitable gift to Action on Poverty in your will. Leaving a gift to a charity is an act of great compassion and generosity and provides a vital source of income for the charity. By leaving a gift to Action on Poverty, you can be sure that you are leaving a lasting and life-changing legacy for generations to come.
We understand that providing for family and loved ones comes first but the gift of even a small percentage of your estate can make a world of difference. Every gift is gratefully received regardless of the size or type. Your gift will help us to continue our work long into the future.
You can choose what type of gift you want to provide.
A Specific Gift
This can be a gift of a fixed amount of money or an item of property (such as a house, shares, artwork, bank accounts). You should bear in mind that over time inflation may erode the value of any fixed amount gift. If you leave a fixed amount then when you review your will in the future (solicitors recommend a regular review) you should review the amount of the gift to make sure that it still reflects your wishes.
A Residuary Gift
This is where you give a portion or all of what is left after payment of specific gifts (such as to your family and loved ones), taxes, debts and estate expenses to Action on Poverty. This type of gift has the potential to grow in proportion to the value of your estate over time and guards against inflation.
You may instead wish to provide for a loved one for their lifetime, allowing your loved one to use the property you specify and, after your death, donate this property to Action on Poverty. If you would like to discuss any aspect of leaving a gift to Action on Poverty or have any questions, please contact us.
Read Frequently Asked Questions about leaving a gift in your will.
How to leave a gift in your will
If you do not already have a will, you will need to make one. If you already have a will in place, you can update it or add a codicil to your existing will and store both documents together.
There are a number of ways of leaving a gift in a will. We cannot provide you with legal advice and encourage you to seek professional counsel. However, here is some appropriate wording you could use for a gift to Action on Poverty.
“I give *_________________ to The Australian Foundation for the Peoples of Asia and the Pacific Limited (ABN 42 002 568 005) of Suite 102, Level 1, 619 Pacific Highway, St Leonards, Sydney, NSW 2065 free of all duties and taxes, for its general purposes. If at my death such organisation has ceased to exist or has amalgamated with another charity or changed its name, this gift shall not fail but my Executor/s shall pay it to the charitable organisation in New South Wales which he/she/they consider/s most nearly fulfills the objects of the organisation that I intend to benefit. I direct that the receipt of a duly authorised officer of the organisation shall be a sufficient discharge to my Executor/s.
*Insert one of the following:
- the whole (or …%) of my estate
- the residue of my estate
- % of the residue of my estate
- the sum of $(amount)
- details of a particular asset such as shares or real estate
If you decide to leave a gift to Action on Poverty in your will, we would love to hear about it so that we can thank you and keep you up to date with our work. Contact us to notify us of your wishes.
Action on Poverty is not authorised to provide legal or financial advice. We recommend that you take professional advice once you have decided to proceed. If you do not have a solicitor, we recommend Hunt & Hunt Lawyers or, alternatively, the Law Society or Institute in your State or Territory can help you to find one in your area.