It is important that the wording in a bequest clearly expresses your wishes. It is recommended that you consult your legal advisor in the preparation of your will or amendment to your existing will.
General purpose
"I give to the Kirby Institute at the University of New South Wales (57 195 873 179) [insert as appropriate: (the sum of $XX) or (the whole of my residuary estate) or (XX% of my residuary estate) and/or (the following property …..)], free of all expenses and duties of whatever kind to be used to support the Kirby Institute's priorities including support of research at the Kirby Institute".
Identified purpose - Research
"I give to the Kirby Institute at University of New South Wales (57 195 873 179) [insert as appropriate: (the sum of $XX) or (the whole of my residuary estate) or (XX% of my residuary estate) and/or (the following property …..)], free of all expenses and duties of whatever kind to be used for research in the field of [insert the general description of the area of research] (the ‘Purpose’). If at any time the Kirby Institute considers that it is no longer possible or practical to carry out the Purpose, the Kirby Institute may apply the bequest to support a purpose that is most closely aligned to the original Purpose."
Identified purpose - Scholarship
"I give to the Kirby Institute at University of New South Wales (57 195 873 179) [insert as appropriate: (the sum of $XX) or (the whole of my residuary estate) or (XX% of my residuary estate) and/or (the following property …..)], free of all expenses and duties of whatever kind to be used to establish one or more scholarships for [insert the general description of the area to be supported] (the ‘Purpose’). If at any time the Kirby Institute considers that it is no longer possible or practical to carry out the Purpose, the Kirby Institute may apply the bequest to support a purpose that is most closely aligned to the original Purpose."