In addition to providing for those nearest and dearest to you, seek other ways to give your children a better future! Plan your legacy. Make a bequest to secure freedom, development, and equality.
What is a bequest?
A bequest is a sum of money, items, or property left in your will to another person, group, organization, or charity.
Leaving a bequest to a non-profit organization, such as the Legal Resources Trust, means that the deceased’s estate is able to claim the bequest as a deduction to the estate. This means that the estate will be taxed on a lesser amount, thereby saving the estate money.
There are different types of bequests:
- A specific sum of money
- The property, such as real estate, vehicles, art, antiques or jewelry
- A percentage of an estate
- The residue of an estate
- A life insurance policy
How do you make a bequest?
If you already have a will it is easy to add a section called a codicil which names the Legal Resources Trust as a beneficiary. A codicil is prepared and signed just like a will. The advice can be obtained from a legal advisor or estate planner.
We recommend the following wording:
I (name) bequeath (the residue of my estate, or percentage of my estate, or a certain amount, etc.) to the Legal Resources Trust as a Public Benefit Organisation PBO No. 930003292, registration NPO No. 023-004, and main place of business at 16th Floor, Bram Fischer Towers, 20 Albert Street, Marshalltown, 2000, or the successors in title or practice to the Legal Resources Trust, to be used at the sole discretion of the Legal Resources Centre for the work of the said organization.
Let us know!
Once you have drawn up your bequest, please inform us that you have included the Legal Resource Trust in your will.
Send a letter to:
Development Unit, Legal Resources Centre
P.O. Box 9495
Or email us on firstname.lastname@example.org, and cc Christine Malata on email@example.com