One of the most powerful ways you can leave your legacy to the music industry is by leaving a gift to Support Act in your will. 

Having an up-to-date will is one of the most important things you can do for yourself and your loved ones, and a gift of any size will make a huge difference in protecting those who create the music we love.

We understand that making a will is a very personal matter. If you decide to include Support Act in your will or have already done so, please let us know. As well as helping us plan for the future, it allows us to acknowledge your support personally and to discuss your wishes. Any information you provide is of course confidential.

If you would like to leave Support Act a gift in your will or should you decide to include Support Act as a beneficiary, there are a number of ways to do so.

TYPES OF BEQUESTS

There are four main types of bequests which can be included in a will.

Residual

This is the remainder of the donor’s estate after first leaving gifts to their loved ones.

Percentage or fractional

This is a gift expressed as a percentage or fraction of the donor’s estate. Donors can leave a percentage of either the residue of their estate or a percentage of the entire estate.

Pecuniary or specific

This is a specified gift, which can include money, property or stocks and shares.

Whole estate

This comprises the donor’s entire estate and is usually left by those without family or other preferred beneficiaries, or those wanting to achieve something very significant with their gift.

UPDATING YOUR WILL

Support Act recommends that you obtain independent and professional advice from a solicitor to ensure that your will is valid and your wishes carried out. If you do already have a will, you can update this with a codicil. This is an extra clause to include your bequest.

Here is suggested wording which you can include when making or updating your will. It isn’t the only option so please seek advice as to what is best for your situation:

I bequeath [the whole/a percentage/something specific/residue] of my estate to Support Act Limited, ABN 43 079 588604 of Level 4, 11-17 Buckingham Street, Surry Hills, NSW, 2010 for purposes that it shall determine, and this bequest will be free from all duties. The receipt of this bequest by any authorised officer of Support Act shall form valid discharge to my executor.

START YOUR FREE WILL

If you don’t already have a will, we’ve partnered with leading Australian online will-writing platform, Gathered Here, to offer you a free, legally binding will.

The process is simple and takes just 10 minutes to complete. The will comes with free and unlimited updates for life.

start now