If you are considering leaving the Malaghan Institute a gift in your will - thank you!
Your gift is a special way to leave your own personal legacy that will live on and enable research and breakthroughs beyond your days.
If you decide to support the Malaghan Institute by leaving us a gift in your will, then the next step is to talk to your solicitor or a trustee company to ensure your wishes are properly recorded. This would involve either changing your will or signing an amendment to your latest will, called a codicil.
“After seeing my mother, close friends and other family members suffer from debilitating disease, I am leaving a gift in my will to the Malaghan Institute so that future generations can live longer, healthier and happier loves.”
Belinda M.
Different types of gifts to consider
Your solicitor can help you choose the gift that best reflects your wishes – there are three main types to consider:
A specific gift
You may choose to give a particular item of value (stocks and shares or property for example) to the Malaghan in your will.
A residuary gift
You may choose to leave whatever is left or a percentage, after all your expenses and debts have been paid and your loved ones have been provided for. This is the best way to keep your gift to the Malaghan inflation-proof. It also means you don’t need to put a precise value to your gift.
A pecuniary gift
Is where you gift a specified sum of money to the Malaghan in your will.
Suggested wording for your gift
To make sure the wording in your will accurately describes your intentions, we suggest including the following clause:
- All of my residuary estate (OR)
- ____ % percentage of my residuary estate (OR)
- The sum of $ _____ (OR)
- [List asset or assets] to be used for the general purposes of medical research by the Institute. I declare that the receipt of a Director of the Institute or other authorised officer will be a sufficient discharge to my executors who will not be bound to see to the application of this gift."
If you would like your gift to go towards something specific, we would welcome the opportunity to discuss your wishes with you directly.
Contact:
Wendy Walker
Philanthropy and Legacy Giving Specialist
P +64 27 308 8819
E wendyw@malaghan.org.nz
