Leaving a gift in your Will is a great way to ensure that you continue to support and make a meaningful contribution to medical research into the future. Gifts of all sizes make a critical difference in funding research breakthroughs. A gift in Will is a perfect way to ensure that your legacy lives on and you continue to contribute to those things that are most important to you, giving hope to future generations. Join the Club In leaving a gift in Will, you’ll be joining like-minded people who are making a lasting legacy to The Westmead Institute for Medical Research as part of the Discovery Partners Club.
You will be kept up to date with the progress of research at The Westmead Institute for Medical Research. You will also be extended invitations to attend special events, to meet our researchers and to tour our labs so that you can learn more about the impact of your generous support in contributing to important medical research breakthroughs. How do I leave a gift in my Will? Leaving a gift in your Will is a big decision and we suggest that this is something that you’re best to discuss and arrange with your solicitor or Estate planner. If you don’t currently have a Will, a solicitor can help you to draft one to ensure that your wishes are reflected. Making a Will need not be complicated. In many cases it is very straightforward. Before preparing your Will, it’s important to ensure that you have thought about your wishes so that assets and a lifetime of hard work are directed to people and organisations that reflect your values and that are important to you.
Your Will doesn’t need to be complicated. It should simply reflect your wishes, what you want to be remembered for, and what’s important to you. In making a Will, the most important people you should consider first are your loved ones. Once you have provided appropriately for them, consider making a gift to The Westmead Institute for Medical Research as well. Legal Name: The Westmead Institute for Medical Research Foundation Company Pty Ltd
ABN: 69631123272
Registered Address: 176 Hawkesbury Road, Westmead NSW 2145 What type of gift would you like to leave in your Will? There are a range of options available to you in making a gift in your Will. These options include: A Percentage Gift This type of gift enables you to leave a percentage of your Estate to The Westmead Institute for Medical Research and others listed in your Will up to 100%. A Residual Gift With this type of gift, The Westmead Institute for Medical Research receives the balance of your Estate after those specifically named in your Will have been provided for. A Pecuniary Gift This type of gift is a fixed sum of money that you specify you would like to be provided to The Westmead Institute for Medical Research. A Specific Gift This type of gift enables you to leave a specific cash amount or other assets such as shares or particulars to The Westmead Institute for Medical Research. Suggested wording for your Will Your solicitor will help you with the wording of your Will. The wording below is a simple example that might help you specify your gift: “I give to The Westmead Institute for Medical Research Foundation Company Pty Ltd, 176 Hawkesbury Road Westmead, ABN 69631123272, (a percentage), or (a specific sum or piece of property), or (my whole estate) or (the residue of my estate) free from all duties to be used for the general purposes of research to be conducted by The Westmead Institute for Research or for the purposes of (specify the research purpose) conducted at The Westmead Institute for Medical Research. A receipt from an authorised representative of The Westmead Institute for Medical Research to my executor shall be considered acknowledgement for the payment of such benefit.” Telling us about your gift If you have left a gift in your Will to The Westmead Institute for Medical Research, please do let us know. This doesn’t affect your rights to change or update your Will if your circumstances or wishes change. It simply helps us to be aware of your support, to plan our research into the future and to ensure that we can help ensure your wishes are upheld. It also means you can become a member of the Discovery Partners Club and we can involve you in our research community. To discuss further or for any questions, please contact The Westmead Institute for Medical Research Foundation team on 02 8627 3000 or email giftsinwills@westmeadinstitute.org.au
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