Imagine a future where more cancers are preventable, every diagnosis is treatable, and anyone can live to hear the words, “You’re cancer free”.
"The reason I’ve left a gift in Will to Cancer Council Victoria is that I’ve had too many of my family and friends pass from cancer, and I want this disease to be eradicated. My hope for the future is that research will find a way of treating this disease in the easiest possible manner for everyone."
- Maria, bequestor
Around 50 per cent of the research we fund comes from the generosity of gifts in Wills.
Without this incredible boost advances in cancer research could not be made at the rate we’re making them. Advances that mean more personalised therapies, improved survival rates, even cures for cancer, are possible.
Every thoughtful gift left in a Will helps secure funding for future research. Together, we can pave the way for better outcomes and more lives saved.
What is the difference between a bequest and a gift in Will?
A bequest is just another term for a gift in Will. In Australia, the two terms are often used interchangeably.
Does leaving a bequest lower my taxable estate value?
There are no inheritance or estate taxes in Australia. While donations you make to a charity that is a deductible gift recipient (DGR) are tax deductible, bequests are treated differently and are not tax deductible as they are part of your Will.
How do I leave a bequest in my Will?
Leaving a bequest in your Will to Cancer Council Victoria is simple and can be broken down into four steps
- Make the decision to include a gift in your Will
- Decide the type of gift you will leave in your Will (we recommend a residual gift)
- Organise a Will or update an existing Will. You can write your Will yourself however we
recommend engaging a professional such as a solicitor, financial planner or accredited Wills
and estates specialist.
- At the time you create or update your Will, write the bequest into your Will. If you already have a Will, you can simply update it or add a CODICIL (a legal provision) to include your bequest.
