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By leaving a gift in your Will, you can eradicate blindness from the lives of sufferers and their carers.

Giving to The Layton Vision Foundation Ltd (the Foundation) in your Will is no small act. Leaving a legacy to the Foundation is one of the most powerful ways you can make an impact today, tomorrow, and far into the future. Large or small, every gift to the Foundation is a step toward curing blindness.

A decision made many years ago by generous supporters of the Foundation is transforming the lives of many across the globe. This was done by supporting the research that The Layton Vision Foundation does with a gift in their Will, otherwise known as a bequest, which we hope you will also consider. Your gift to the Foundation can help to build a better future through the development of a cure.

Different types of Bequests

MAKING A GIFT TO THE LAYTON VISION FOUNDATION

You can make a gift to the Layton Vision Foundation Ltd as follows, or alternatively, allowing the foundation place your gift to its absolute best use.

  1. By leaving the entirety of your estate to the Foundation.
  2. By leaving a proportion of your estate to the Foundation.
  3. By leaving a proportion of the residue of your estate to the Foundation (that is, the amount remaining specific and general gifts have been distributed).
  4. By leaving a particular sum of money, property or other items.
  5. By gifting property to another beneficiary for their use during their life, with the remainder to pass to the Foundation. For example, gifting a spouse a life interest in the matrimonial home with the remainder to pass to the Foundation which means that the house would become the property of the Foundation upon the passing of the spouse.

SAMPLE BEQUEST CLAUSES

You can make a bequest to The Layton Vision Foundation Ltd by using the sample bequest clauses set out below. Having a valid Will means your estate can be distributed according to your wishes. The Layton Vision Foundation Ltd is obliged, in accordance with Queensland legislation, to direct bequests as closely as possible towards the wishes expressed by the benefactor in their Will.

The Layton Vision Foundation Ltd strongly recommends that you consult with your financial and legal advisers for advice about drafting your Will, to ensure its legal validity.

General Purpose Clause

The general purpose clause gives an unrestricted gift to The Layton Vision  Foundation Ltd to use for its general purposes.

“I give [the entirety of my estate] or [___% of my estate] or [specified assets] or [the rest and residue of my estate] or [the sum of $_______] to The Layton Vision Foundation Ltd ABN 48 610 760 604 care of [Level 3, 520 Wickham St, Fortitude Valley Brisbane QLD 4006 Australia] (Layton Vision Foundation), to be used by it in pursuit of its objectives, provided that if the Layton Vision Foundation has at the time of my death, ceased to exist or merged with any other organisation, then this bequest shall not fail, but shall be directed to the organisation or company which, in my Executor’s opinion, most nearly represents the Layton Vision Foundation. I direct that the receipt of the Treasurer or other duly authorised officer shall by a sufficient discharge to my Executor.”

Specific Purpose Clause

A specific purpose clause allows The Layton Vision Foundation Ltd a degree of flexibility in applying the bequest to the stated purpose.

“I give [the entirety of my estate] or [____% of my estate] or [specified assets] or [the rest and residue of my estate] or [the sum of $_____] to The Layton Vision Foundation ABN 48 610 760 604 care of [Level 3, 520 Wickham St, Fortitude Valley Brisbane QLD 4006 Australia] (Layton Vision Foundation) for the general purposes of the Layton Vision Foundation.

 

It is my express wish that, if practicable and without creating any binding trust, this gift be applied towards [state purposes as broadly as possible]. I direct that the receipt of the Treasurer or other duly authorised officer shall by a sufficient discharge to my Executor.”Directed Purpose ClauseA directed purpose clause specifies that The Layton Vision Foundation Ltd may only apply the funds to the stated purpose.“I give [the entirety of my estate] or [___% of my estate] or [specified assets] or [the rest and residue of my estate] or [the sum of $______] to The Layton Vision Foundation ABN 48 610 760 604 care of [Level 3, 520 Wickham St, Fortitude Valley Brisbane QLD 4006 Australia] (Layton Vision Foundation) for the purposes of [state purposes as broadly as possible].I direct that the receipt of the Treasurer or other duly authorised officer shall by a sufficient discharge to my Executor.”

EXAMPLE BEQUEST CLAUSE

“I give $### to The Layton Vision Foundation Ltd ABN 48 610 760 604 care of [Level 3, 520 Wickham  St, Fortitude Valley Brisbane QLD 4006 Australia] (Layton Vision Foundation), to be used by it in pursuit of  its objectives, provided that if Layton Vision Foundation has at the time of my death, ceased to exist or  merged with any other organisation, then this bequest shall not fail, but shall be directed to the organisation  or company which, in my Executor’s opinion, most nearly represents the Layton Vision Foundation. I direct  that the receipt of the Treasurer or other duly authorised officer shall by a sufficient discharge to my Executor.”

 

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