Your lawyer can help with this and we do recommend you seek professional advice.
Taranaki Foundation staff are also available to talk through your wishes and provide the documentation your lawyer may need. We have prepared a guide with sample Will clauses which can be easily tailored to suit your specific intention: Creating your legacy
If you have already made your Will and now want to add a gift to charity, either directly or through a named endowment fund, you can either make a new Will or add what is termed a ‘codicil’ to your existing Will.
This is a separate document but still part of your Will, and adding a codicil is an easy process your lawyer can take you through.
You’re free to change your mind at any time.
You decide the places, causes or charities you wish to benefit from your generosity. You can change your distributions in the future, by updating your Memorandum of Wishes with the Foundation, without having to change your Will.
You can remove or re-add Taranaki Foundation to your Will by simply amending your Will through the ordinary avenues.
You don’t have to be specific. You can consider leaving a percentage of your estate, perhaps with a ceiling limit attached to it.
Often, we can’t give as generously as we would like during our lifetime. A gift in your Will can be the perfect way to make a difference, without impacting on your current financial needs.
Giving is all about your personal situation. You can choose to:
