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One way to support the ongoing ministry of ISCAST is to leave a gift in your will. Below is some information about how to make such a gift.
- There are several ways of making a gift in a will. Three common ways to do that are to state in your will that you wish to give to ISCAST:
- the whole or a percentage of your estate;
- a specific amount of money or a specific item (such as a property, shares, etc.); or
- residuary assets (what remains after all other beneficiaries have received what is due to them under the terms of your will).
- You can also specify the purpose to which your gift must be applied. For example, for ISCAST’s general purposes or for an ISCAST activity or project. We encourage you to provide for ISCAST’s general purposes as this will allow ISCAST’s leadership to use your gift in the most relevant way at the time in furtherance of ISCAST’s purposes. ISCAST’s activities and projects may change over time, and your gift may “fail” if your chosen activity or project no longer exists at the time. If you do wish to specify a purpose, activity, or project, we suggest that you contact us at contact@iscast.org to discuss whether your wishes can be carried out.
- A form of suggested words for your will is as follows:
“I give, free of all duties and taxes, [the whole OR … percent of my estate OR the sum of $ … OR the residue of my estate after all other gifts under this will] to ISCAST Limited ACN 003 429 338 (or successor organisation) to be applied for [its general purposes OR its [name/description] activity/project OR as the Board of ISCAST may decide].”
We suggest you provide the above words to the lawyer you engage to prepare or change your will.
- We suggest you always provide adequately for your loved ones in your will.
- We also suggest that you seek professional advice about your will. Professional advice includes advice from a lawyer with expertise in will-making in your state/territory of residence who can advise you and make sure that your will is worded well, and the legal requirements of your will are satisfied. Professional advice may also include your doctor, for example, if there is any question about your health (in particular, about your cognitive capacity to know and understand the effect of your will). You must never be coerced or pressured about your will.
- Once you have made your will, ensure that it is kept somewhere safe but easily accessible for your loved ones if they need to access it at a later date. Leaving a copy with your lawyer and with the executor of your will is a good idea.
If you do provide for a gift to ISCAST in your will, we invite you to let us know. We will keep this advice confidential, but we would like to thank you personally for your generosity and give you the opportunity to meet with us.
We acknowledge that including a gift to ISCAST in your will is an act of trust. We are committed to ensuring that we will use your gift only for ISCAST’s purposes, prudently and efficiently. We will respect your privacy and look after your gift with sensitivity and care. We also respect that your will reflects your personal decision, which you are entitled to change.