Bequests

Gender Minorities Aotearoa welcomes bequests of all kinds. If you would like to make a bequest, there are 4 basic elements.

1) Determine what you are seeking to bequest
– To bequest specific items, stocks, dollar amounts, begin with “I give [list the items/amount]…
– To bequest the remainder of your estate after settling all other payments, gifts, etc, begin with “I give 100% per cent of the residue of my estate…
– To bequest a percentage of the remainder of your estate after settling all other payments, gifts, etc, begin with “I give [xx]% per cent of the residue of my estate...”


2) State who the bequest is benefiting – “… to Gender Minorities Aotearoa (Charity Registration: CC57053) for…”

3) State what the bequest is to go towards – 
– To bequest for it to be used for our general purposes “… its general purposes.”
– To bequest for it to be used in any way we see fit (ie, perhaps not our own operations) “… for any purposes they see fit.”
– To bequest for it to be used for a specific initiative, project, event, purchase “… for the purpose of [initiative/project/event/purchase].”

4) Finish the bequest clause with “I declare that the receipt of the secretary, treasurer or other proper officer of the nominated beneficiary will be a full discharge for my trustees who will not be bound to see its application.”

Example: I want to bequest $1000 for the binder project.
– I give $1000 to Gender Minorities Aotearoa (Charity Registration CC57053) for the purpose of the binder project. I declare that the receipt of the secretary, treasurer or other proper officer of the nominated beneficiary will be a full discharge for my trustees who will not be bound to see its application.

Example: I want to bequest 50% of what’s left after other payments for general purpose.
I give 50% per cent of the residue of my estate to Gender Minorities Aotearoa (Charity Registration CC57053) for it’s general purposes. I declare that the receipt of the secretary, treasurer or other proper officer of the nominated beneficiary will be a full discharge for my trustees who will not be bound to see its application.

After writing a bequest, lodge this with your solicitor, will executor, or other appropriate legal authority.