What is a legacy or bequest?
A sum of money, items of property or possessions left in your Will to another person, group, organisation or charity. By leaving a bequest to FREEME WILDLIFE, you become a part of a unity to help ensure a wild and natural legacy for all future generations.
Furthermore, leaving a bequest to FREEME WILDLIFE means that the entire amount of the bequest is exempt for the purposes of Estate Duty. Thus, if the Estate is dutiable/taxable with respect to Estate Duty, by leaving the dutiable amount to FREEME WILDLIFE you will in effect be giving the money to our Charity and not Government coffers.
How do I change my existing Will?
You can change your Will through a Codicil which is then read together with your Will.
How can I remember FREEME WILDLIFE in my Will?
We recommend you take the wording suggested below to your advisor for their information and appropriate incorporation in your estate plan:
“I bequeath to FREE ME WILDLIFE REHABILITATION KZN, a Company registered with the Master of the Supreme Court under Section 21 with Registration number 2007/010184/08, a registered NPO number 066-704 and PBO number 930032928, or the successors in title or practice to FREE ME WILDLIFE REHABILITATION KZN. I further express the wish that such bequest be used for rescuing, rehabilitating and releasing our indigenous wildlife.”
There are different types of bequest and you may select any one or a combination of them:
- A specific sum of money.
- Property. This could include real estate, vehicles, art, antiques, jewellery etc.
- A percentage of the estate.
- The residue of the estate.
- A life insurance policy. You can nominate us as the beneficiary on a new or existing policy, or if the policy is no longer needed, its ownership can be ceded to us.
Why should I leave a bequest to FREEME WILDLIFE?
“HUMAN BEINGS WANT TO BE ENGAGED AND FEEL PROUD OF THEIR CONTRIBUTION, KNOWING THEY HAVE MADE A DIFFERENCE. AT THE DEEPEST LEVEL, EACH OF US ACHES TO KNOW THE WORK THAT WE DO – AND THE LIVES WE LEAD – MAKE A DIFFERENCE.”
Remembering FREEME WILDLIFE in your Will exempts such part of your estate from estate duty.
Section 4(h) of the Estate Duty Act determines that bequests made to approved public benefit organisations qualify for a deduction from the value of your estate before estate duty is determined. A charitable bequest which meets this criteria thus holds the advantage of reducing the taxable value of your estate and the potential estate duty payable.
When you include a bequest to FREEME WILDLIFE in your Will, you have the power to keep alive your own vision of a better world, and ensure that you will be remembered fondly and with gratitude for years to come. FREEME WILDLIFE relies on gifts such as bequests from our supporters to ensure the survival our heritage, our wildlife, for the enjoyment of generations to come.
Who can draw up my Will?
It is important to obtain expert advice from a financial planner, attorney, bank, accountant or other skilled professional before drawing up a Will or making changes thereto.
Keep in touch.
If you choose to make a bequest to FREEME WILDLIFE in your Will, we would love to know. We appreciate and value your support, and will add your details to our Custodian mailing list (unless specified otherwise), so we can keep you informed of our current activities.
Please send your name and contact details, (including your phone number, address and email) to:
033 330 3036