Leave a lasting legacy to support youth mental health

Why leave a Bequest?

Planning for tomorrow

Many of us put it off until it is too late, but a legally valid Will is an important part of future financial planning. It’s the best way to protect your assets and make sure they are distributed according to your wishes in the event of your passing. After first providing for family, loved ones and friends, a gift in your Will means you can continue to support the causes you care most about after your lifetime.  It  may even give you the opportunity to make a larger gift than was possible in your lifetime. 

Leaving a Gift in your Will is easier than you think, doesn’t have to be expensive  and can be done any time you write, amend or update your Will. If you have already written a Will — and would like to add in a gift to Youth Live4Life — you can easily add a short legal amendment, a codicil.  However, we do recommend that you seek the advice of a solicitor or legal advisor so that your wishes are correctly recorded and your Will legally valid.

Your legacy: the difference you can make

How would you like to be remembered? One way you can celebrate your life and let your legacy live on is by making a gift in your Will. A gift in your Will to Youth Live4Life reflects your commitment to improving the mental health of future generations of young people.

By including Youth Live4Life in your Will you can help to:

-          Provide life-changing mental health education for secondary school students and the wider community

-          Support positive health messaging and stigma reduction in schools and communities

-          Train and mentor young people to support their peers as Mental Health Ambassadors.

-          Upskill young people, teachers, parents and others in the community to recognise the signs of mental ill health and know where to seek help.

A Gift in your Will is the ultimate gift and will support Youth Live4Life’s work with successive generations of young people and communities to achieve lasting change.

You can choose from three main types of bequests:

-          A residual bequest — once you have provided for friends and family, you can choose to leave the residue, or a percentage of the residue, of your estate to Youth Live4Life.

-          A percentage of your Estate — nominating a fraction or percentage of your Estate, rather than a fixed amount, protects against inflation and ensures your gift retains its value over time.

-          Specific bequest – you can choose to leave a sum of money or specific assets such as property, art works, shares, jewellery to Youth Live4Life.  

We recommend you let your loved ones know about your gift, so they understand why supporting youth mental health matters to you.

How to include Youth Live4Life in your Will

We have provided some suggested wording as a guide:

I [Insert your name here] make this gift free of all deductions to Youth Live4Life Ltd of 4a Collier Street, Woodend, VIC, 3442 (ABN 82 511 418 317).

I request that my gift be applied for the general purposes of Youth Live4Life Ltd. The official receipt of the organisation shall be a full and sufficient discharge to my executor(s)/trustee(s).

I nominate Youth Live4Life to receive:

[choose one of the following]

-          The whole of my estate or [insert number] percentage of my estate.

-          The residue of my estate or [insert number] percentage of the residue of my estate.

-          The sum of $ [insert number].

-          Other – property, art works, shares, jewellery, etc.[insert details].

You may specify if you would like your gift to support a particular area of our work. However, a  general purpose gift gives us the flexibility to direct your gift to where it will make the greatest difference when the time comes.

Our Promise to you

●        If you remember Youth Live4Life in your Will, we will use your gift wisely so it has maximum impact for young people living in rural and regional Australia.

●        We’ll answer any questions you have and we’ll keep you up-to-date with our work — and invite you to Youth Live4Life events if you wish.

●        Any information you provide is treated in the strictest confidence. We protect your privacy. Visit https://www.live4life.org.au/about-us/our-values#policies to view our privacy policy.  

Advising us of your intention

We understand that making a Will is a deeply personal matter, and we will respect your confidentiality at all times. However, if you are planning to leave a gift to Youth Live4Life in your Will or have already done so, please do let us know. We’d like to thank you and recognise your commitment.

And letting us know your intention helps us to plan for the future, and also gives you the opportunity to discuss your wishes with us.

Would you like to receive more information or to chat to us about how you can help Youth Live4Life by leaving a gift in your Will? We’d be delighted to discuss your options with you and tell you more about our life-changing work in rural and regional communities.