Once you have decided on the type of bequest you would like to make, ask your solicitor to draft the appropriate clause. The following wording can be used as a guide:
‘I give my residuary estate or [insert percentage] % of my residuary estate; OR the sum of $ [amount]; OR [specified assets (such as real estate, shares, artwork, etc.)] to the Macfarlane Burnet Institute for Medical Research and Public Health Ltd ABN 49 007 349 984 for its general purposes. I declare that the receipt of the Secretary or other proper officer for the time being of the organisation shall be a full and sufficient discharge to my executors/trustees.’
This wording can be modified to reflect your wishes, but it’s important to include our full legal name (Macfarlane Burnet Institute for Medical Research and Public Health Ltd) and our registered Australian Business Number (ABN).
A bequest that supports our work in general provides Burnet Institute with the greatest flexibility to respond to critical health priorities in the future.
However, if you wish to direct your gift towards a specific area of Burnet Institute’s work, please contact us first to discuss your wishes.
It’s important that your bequest is framed in such a way as to accommodate future possible developments in your particular area of interest.