Prepare a Will.
A Will gives you the power to choose how your assets can benefit your loved ones and impact vulnerable children around the world.
Preparing your Will doesn't have to be complicated or expensive, but we recommend you seek the advice of a lawyer to ensure your Will is valid, and clearly sets out the way you intend your estate to be distributed.
It's important to review your Will every few years to make sure it still reflects your wishes, especially after a change in your circumstances, such as marriage, divorce, the birth of a child or the sale of property. Store your Will in a safe place where your Executor(s) can easily locate it.
Include a gift in your Will.
There are three main ways of including a gift in your Will. Your legal advisor will clarify for you what best suits your wishes and circumstances:
- Residual - remainder of your estate after taking care of your loved ones.
- Percentage - a percentage of the value of your estate.
- Pecuniary or specific - a specific sum of money, property or items.
You can use the following suggested wording to describe your gift in your will:
"I give to World Vision New Zealand (CC25984) the residue of my estate (or ……………% of my estate or the sum of $...............or a description of the property or asset given) for its general purposes and declare that the receipt of the Chair or other authorised officer shall be full and sufficient discharge for my Trustees."