Bequest Information
A bequest or gift is one of the most important ways in which The Rosemary Foundation helps raise money for dementia and  it is a meaningful way for you to make a lasting contribution.

The generosity of people who leave a bequest ensures we can continue to provide funding for research and on going services to people with dementia, their families and carers.

There is continual need for on going research and services and bequests play an integral role to ensure this need is met. You can decide to nominate a particular bequest or gift eg real estate or you may choose to bequeath a percentage of your estate.
Either way, this selfless and thoughtful gift will ensure that the Rosemary Foundation continues to make a difference to the lives of those living with dementia, their families and carers.

Types of bequests
A bequest made to The Rosemary Foundation may be:

A specific bequest

• The gift of a specific sum of money or nominated asset such as a house or other land, shares and other investments, life insurance, works of art or other valuables.

• A bequest of your entire estate or a specified share or percentage of your entire estate (after all debts and expenses have been paid).

A residual bequest

What remains of your estate after all debts and expenses have been paid and other gifts distributed or a specified share or percentage of your residuary estate.

Life Charitable Bequest

A life charitable bequest is a gift traditionally made through a Will that enables you to make a significant contribution to the services of Alzheimer’s Australia SA. Today, charitable bequests can also be made through a living trust or a beneficiary designation on a financial account.

You can be a philanthropist, plus it costs you nothing today because you retain full control of you assets during life.

How it works

You could create a named endowment fund at Alzheimer’s Australia SA to honour your family or others that will provide annual funding for Alzheimer’s Australia SA.

Named endowment funds, established either during life or through a charitable bequest, require a gift of $25,000 or more. Your gift is invested for long-term growth, and only the income is used annually, enabling your gift and your values to endure for generations.

Make your bequest unrestricted, indicate a specific amount, or nominate a percentage of the balance remaining in your estate or trust.

Benefits

• Your assets remain in your control during your lifetime.
• You can modify your bequest to address changing circumstances.
• You may reduce or avoid potential estate taxes through your request.
  

After a life interest bequest

When property, such as a house, is left to a beneficiary to occupy or receive income from during their lifetime (or another specified period) and then passes to The Rosemary Foundation.

Notifying The Rosemary Foundation of your decision to leave a bequest in your Will allows us to plan for the future.

If you have complex family or personal relationships or significant assets (own your home or business plus have additional property or investments), it is a good idea to seek professional estate planning advice.

The Rosemary Foundation recommends that you contact a professional advisor to draft the appropriate wording for your Will when leaving a bequest:

The following wording is a guide for your bequest:

"I give a pecuniary legacy of ... to The Rosemary Foundation for Memory Support Inc and I direct that the receipt of the Chief Executive Officer or other proper official for the time being, shall be a full and sufficient discharge to my trustee."

You can help tomorrow by planning today ...

If you would like to leave a gift in your Will please contact us on:
08 8372 2100

or email us on:
samarketing@alzheimerssa.asn.au