For some, a bequest to the Newborn Intensive Care Foundation (NICF) may take the form of a designated amount or asset. For others, it may be a small percentage of their estate; say 2%, which would be a significant contribution to the Newborn Intensive Care Foundation but would still leave 98% to family.
Obviously, a bequest requires thoughtful consideration and independent consultation, but the NICF can provide advice on options for you to discuss with your family and solicitors.
All who notify the NICF of their bequest become special members of a unique group of people who we would like to recognise by inviting them to a special event each year.
To discuss making a bequest to the NICF in your will, pleased contact the Chairman of the Foundation on 0414 446 662 or at firstname.lastname@example.org
A will is a very personal statement that needs to be worded correctly. We recommend that you consult with your legal adviser before drafting a will or updating an existing one.
As a starting point, we suggest that the following wording be used to indicate your intention to make a general bequest to the Newborn Intensive Care Foundation.
‘I give [insert dollar amount / % of my residuary estate] to the Newborn Intensive Care Foundation ABN 82440775387 for the general purposes of the Foundation.’
Specific purpose – medical equipment/research/nurse education:
‘I give [insert dollar amount / % of my residuary estate] to Newborn Intensive Care Foundation ABN 82440775387 to [insert general description of area to be supported eg medical equipment, nurse education, research.]’
Should you require specific assistance with endowment language, please seek professional advice offered by members from the following web sites:
- ACT Law Society www.actlawsociety.asn.au
- CPA Australia www.cpaaustralia.com.au
- Institute of Chartered Accountants www.charteredaccountants.com.au
To speak in confidence about the options available to you please contact the Chairman of the Newborn Intensive Care Foundation on 0414 446 662.