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Inspired by the compassion of Jesus Christ, our Mission is lived in the way we work with the poor and disadvantaged – irrespective of race, colour, creed or status.

Our aim is not only to provide immediate support, but to enable those we assist to break free from the cycle of poverty.

Our desire is to empower and enable – a hand up not a handout.

Signing Will

Leaving a bequest to the
St Vincent de Paul Society

A simple sentence in your Will can be one of the most powerful ways of ensuring change for good – without affecting your life today.

By including a bequest to the St Vincent de Paul Society in your Will, you’ll have the satisfaction of knowing that your compassion and concern for those less fortunate will live on beyond your own lifetime. And you don't need to spend any money now.

On the contrary – because a bequest to the St Vincent de Paul Society is tax deductible, it can reduce the amount of estate duty and Capital Gains Tax payable on your death.

Of course, you will first need to make provision for your own family and friends. But your Will also offers the opportunity to help the larger family of which we are all part – the whole of mankind.

Leaving money to charity in your Will is also a time-honoured tradition of 'giving something back' in celebration of your own life, your faith, and the privileges you have enjoyed.

If you are thinking of leaving a bequest to the St Vincent de Paul Society and would like to find out more or discuss how you would like the gift to be used, please contact Denise Foley on tel. 011 6733204 or email fpdirector@telkomsa.net or Sue Glanville on tel. 082 452 0159 or email sglanville@fedics.co.za. It also gives us the chance to thank you now – rather than your executors later – for making this generous gesture!

 

 

 

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The simplest bequest is a specified sum of money – e.g. R10 000 – to be paid to a beneficiary or charitable organisation such as St Vincent de Paul Society after your death.

However, such a bequest makes no allowance for the effects of inflation, which could significantly erode its value, or changes in your circumstances. If, at the time of your death, your estate is worth less than you anticipated, payment of a fixed amount could leave your loved ones short.

Another simple bequest is to specify a particular item of value – such as your car, house, diamond ring or valuable painting.

Again, you will need to review your Will from time to time to make sure you are not giving away items you no longer possess.

A safer way of distributing your estate among various beneficiaries is to bequeath a portion to each – e.g. I give, devise and bequeath to the St Vincent de Paul Society ______ percentage of my estate.

You can also bequeath the residue – what is left over after all taxes, funeral expenses and other bequests have been paid – to us.

Another simple way of including an organisation like St Vincent de Paul in your Will is to make us the beneficiary of an insurance policy you took out to safeguard your children when they were young, but which is not longer needed.

Or you can take out a new policy, naming St Vincent de Paul as the beneficiary.

Before deciding on the type of bequest that's best for you, it's wise to consult an attorney, your banker or financial planner, who can advise you on tax and other implications.

 


 

 

 
 
 
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