Planning for the future
Writing a Will is one of the most important activities you will undertake during your lifetime. When you make a valid Will and keep it up to date you ensure that your loved ones are provided for and that your estate is distributed according to your wishes.
When making your Will, you also have the opportunity to include gifts to charitable causes that are close to your heart.
Leaving a Gift in your Will to Carmel Impact will help ensure every Timorese young person has access to a quality education. Who knows? Maybe one day we will see Timor Leste’s first astronaut. What a gift that would be.
How to leave a Gift in your Will to Carmel Impact
Once you have decided to leave a gift in your Will to Carmel Impact, you need to consider the type of gift you would like to make. This may be:
A share of your estate
(a residuary gift).
The residue of your estate is what remains once all of your wishes have been fulfilled and charges have been paid. A residuary gift could be a percentage or the whole of the residue of your estate.
A fixed sum of money
(a pecuniary gift).
This is when you leave an exact sum of money. The value of the pecuniary gift may decrease over time with inflation.
June’s Gift
As a school-teacher June understood the impact education makes on young people. Although retired, she continued to help children learn by volunteering at the local primary school.
During this time, she developed a relationship with our Timor Mission Coordinator and became aware that the children in Timor-Leste do not have the same opportunities as those in Australia.
June wanted to be an instrument of change for these children. She believed in our work to ensure young children can continue their education and go to school to realise their dreams of a better future. Her generous act of leaving a Gift in her Will for the education of the children in the Carmelite schools (Zumalai) was born from her understanding that poverty impacts the choices children have in developing countries.
June’s Gift will help ensure more learning opportunities and equality to those that need it most in Timor-Leste, the next generation of young minds.
For more information about Gifts in Wills please fill out the form below and we’ll be in touch to discuss how your legacy can create a future of possibilities for individuals and communities in Timor Leste.