Gifts in Wills
Leave a lasting legacy that transforms lives
As little as 1% of your estate can make a huge difference and help support the Prince of Wales Hospital Foundation’s work.
Support us in our mission to raise care, raise health and transform lives.
As the Prince of Wales Hospital’s funding heartbeat, we support vital research for better diagnoses and personalised treatments. We also fund innovation, education and wellbeing initiatives for hospital staff and patients.
A gift in your Will can help us continue this support. Including this gift is a generous way to make a difference in many lives in the future without affecting your life today.
We understand that updating or creating a Will can be expensive, which is why we can connect you to partners who can help you for free.
Even a small gift can have a huge impact.
Get your Will created or updated for free
How to leave a gift in your will
Make a Will or check yours is current
Around 50% of Australians pass away without a valid Will. If this happens to you, the government decides how your estate is distributed. Making a Will to ensure you have the final say on how your assets are distributed is important.
Decide which type of gift you'd like to leave
A wonderful way to acknowledge the care given to you or a loved one at the Prince of Wales Hospital is with a gift in your Will. Once you have taken care of your loved ones, your gift to us can be a specific amount, a percentage of your estate, or the residue of your estate.
Add appropriate wording to your Will
We recommend seeking legal advice when making your Will or adding a gift clause. If you need help, you can access our free Nightingale Solicitor Program, which gives you access to professional and friendly solicitors. If you would like to use this free service, you can contact us by calling 1800 959 593 or emailing veena.singh@powhf.org.au.
Speak to your planned Executors
As part of your Will, your executors are responsible for looking after your estate. They collect all your estate’s assets, pay all your debts and then distribute your assets according to your Will. Talking to your executors when you update your Will is always a good idea.
Ensure Will is legal
Your Will comes into legal effect after you have passed away, so having a legally valid and up-to-date Will with clear instructions is the best way to ensure your assets are distributed according to your wishes. Your Will is one of the most important documents you will sign, so you should have it prepared by a legal professional.
Update your Will at any major life change
It’s a good idea to update your Will every five years or when you experience a change of circumstances. These could include when you get married or divorced, after the birth of a child or grandchild, after the death of a benefactor, child or executor, or when there are significant changes to your assets.
FAQ
A Will is a legal document that sets out how you would like your assets to be distributed after your death.
A valid and current Will is vital in managing our personal affairs. A legal Will provides you with the means of ensuring your possessions are passed on to your chosen family, friends and organisations.
If you die without a Will (known as ‘dying intestate’), the government decides how your estate assets will be distributed. The outcome of this process may not match up with how you would have chosen to disperse your assets.
You should regularly update your Will. Updating a Will is straightforward; however, it is a good idea to seek professional legal advice to ensure your wishes are clearly and legally stated and your Will is valid.
A Will details what assets make up your estate and how you’d like them distributed. It will also include details about your loved ones and friends and how you would like your dependents to be cared for. You also nominate executors to handle your estate after you’ve passed and can include details of charities you’d like to support and funeral arrangements.
It is crucial to have a current Will. It is just as important to make some people aware of where your Will is kept, which should be in a safe location. Common places to keep your Will include with your solicitor or executor or in a safe deposit box in your home.
Update your Will after you get married or divorced, have children or grandchildren, following the death of a benefactor or child, or experience other major life changes.
You can leave a gift in your Will to the Prince of Wales Hospital Foundation in several ways. You can nominate a specific amount, a percentage of your estate, or gift the residue of your estate after your loved ones have been taken care of.
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