SESF LEGACY

The Torchbearers Circle – Passing opportunity to the next generation. 

An opportunity to consider your legacy with a Gift in your Will to Sports Excellence Scholarship Fund (SESF).

The SESF Legacy Program recognises those supporters who after looking after their family and loved ones make the incredible decision to leave a Gift in their Will to SESF.

No matter the size of a Gift in your Will, you have the opportunity to ensure your legacy lives on through empowering young people facing financial hardship to excel and achieve in their sporting aspirations. Even 1% of your estate can make a big difference.

Types of Bequests

Residuary

A residuary bequest is when you commit to leaving a portion of your estate (between 1-100%) to the Sports Excellence Scholarship Fund. This is only applied after all other bequests have been fulfilled.

Pecuniary

A pecuniary is a specific sum in the form of form of money, property, stocks or shares.

Whole Estate

A whole estate bequest may occur when an individual does not have any family or beneficiaries.

Percentage

You nominate a percentage of your whole estate (even 1% can make a difference).

Wording for a bequest

While there are several types of bequest clauses, the following is the most commonly used for a general bequest: 

“I give/bequeath to Sports Excellence Scholarship Fund (ABN: 27 226 736 755)

(choose one of the below)

  • % of the whole of the residue of my estate, OR
  • the whole of the residue of my estate, for the benefit of OR
  • the sum of $ to be applied for the benefit of or to Sports Excellence Scholarship Fund.

The receipt of an authorised officer of the Sports Excellence Scholarship Fund will be sufficient discharge to my Executor/Trustee.”

Speak to your legal advisor to update your Will supporting the vital work Sports Excellence Scholarship Fund delivers.

If you would like to learn more about leaving a bequest, or to advise us of a recent update to your Will, please do not hesitate to contact Nick Mooney, SESF Executive Director, via email nickm@sesf.org.au