New Zealand Law Society | Te Kāhui Ture o Aotearoa
14 August 2020
Giving gifts in your will is a sensible way to ensure your legacy remains after you pass. Leaving donations or bequests this way also ensures you can fit it into your budget – these gifts are given after the debts and costs of your estate have been settled.
Endowment funds, like those offered by Community Foundations across New Zealand, ensures the support you want to give to an organisation or purpose lasts for a long time. This means your legacy lives on in the way you want it to.
When considering leaving gifts in a will, there are some key things to remember to make sure your intent for settling your estate is clearly captured.
This information is attributed to the New Zealand Law Society | Te Kāhui Ture o Aotearoa in support of September Wills Month and the work Community Foundations of New Zealand do managing bequests from wills every year. If you need to a lawyer to assist in preparing your will, the Law Society website’s Find a Lawyer tool can help you find one in your local area.
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