Leaving a legacy

Once you've gone, if you'd like to leave money to a cause, there are several ways you can do this, but first, it's important to determine an appropriate option for you.  You need to consider how much you would like to give and how involved you want to be in the process of giving, as well as the reasons that drive your philanthropic pursuits.

Options you could consider 

Some of the options you could include in your Will are:

  • making donations directly to your chosen charity either as a one-off lump sum or a series of regular donations
  • establishing a charitable trust that takes effect upon your death
  • establishing an account within a charitable endowment fund.

Private ancillary fund (PAF)

Another option is establishing a private ancillary fund (PAF) structure and making donations to that account. A PAF allows you to create your own personalised charitable giving program during your lifetime which continues after you pass away. In addition, a PAF has some significant tax advantages which enhance the underlying philanthropic purpose.

How we can help you

The best time to start these discussions is while you are healthy and have a clear purpose. We can show you the different strategies you have available at the different stages of your life. We can also show you how your overall wealth plans can be managed to achieve the relevant outcomes for you, your loved ones and your personal cause. So please contact us today and let's discuss how we can help you.

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