Gift in Will

We understand that your loved ones come first. All we ask is that once you have taken care of your family and friends in your Will, you also consider including a gift to the Community Broadcasting Foundation.

It’s a common myth that only wealthy people leave money to charities in their Wills. Each year, thousands of Australians from all walks of life leave gifts to their favourite charities creating a lasting impact.

Every gift we receive, however large or small, is important to us. Even a small percentage of your estate can make an enormous difference to the community media organisations we support.

Writing or updating a Will is not as expensive as you might have thought. Solicitors can provide estimates on request, and generally the cost will depend on how complex your personal affairs are. You can include a gift to the Community Broadcasting Foundation whenever you next revise or update your Will at no extra cost.

If you need assistance finding a Solicitor for this process, you can search online for a Solicitor through your local Law Society.

If you wish to leave a gift for the Community Broadcasting Foundation in your Will, a good starting point would be speaking with your solicitor or financial advisor. You may decide to leave your bequest as a specific amount, percentage/part of your estate or as a residue of your estate.

The following wording in your Will is provided for your consideration.

Residuary gift
“I give the rest and residue of my estate, free of all duties, to the Community Broadcasting Foundation for its general purposes.”

If you choose to provide equal shares of your estate for additional residual beneficiaries you could use the following wording:

“I give the rest and residue of my estate, free of all duties, to the Community Broadcasting Foundation and to [insert name(s) of other residual beneficiaries] in equal share for its general purposes.”

Percentage gift
“I give [%] of my estate, free of all duties, to the Community Broadcasting Foundation for its general purposes.”

Specific gift
“I give the rest and residue of my estate, free of all duties, to the Community Broadcasting Foundation for its general purposes.”

If you decide to make a contribution, the key details to include are our name Community Broadcasting Foundation and reference to our ABN 49 008 590 403 and street address Level 7, 369 Royal Parade, Parkville VIC 3052.

To amend your current Will, download and complete a Codicil.

All gifts left to the Community Broadcasting Foundation will be used to connect people through the power of community media. A gift in your Will that supports our work in general terms provides us with the flexibility to support areas of greatest priority, which may change over time. If you would like your gift used for something specific, please contact us to discuss your options.

It is totally your decision. We recognise and appreciate that your Will is completely personal to you and will honour your gift with care and respect.

We respect and appreciate that making these important personal decisions takes time. It means a great deal to us that as a supporter, you have taken time to consider a gift in your Will to the Community Broadcasting Foundation.

Here are some next steps you can take in considering a gift in your Will:

• Talk with your loved ones about what legacy you would like to leave behind.
• Take the time to think about how you would like your personal wishes reflected in your Will.
• Speak with your solicitor or financial advisor about your Will. For existing Wills, ask if they want you to complete a Codicil.