Bequests
For 2,000 years, Catholics have made heroic sacrifices as a means of Christian witness.
As seen in the New Testament, Christians gave all they had to further proclaim the Gospel and advance Christ’s mission.
Today, faithful Catholics from around the world continue to give. A bequest to the Catholic Diocese of Bathurst is one way to continue building this ancient tradition of giving to share our faith and our works with the community.
A bequest is a gift of part of your estate made in your Will. Your estate is the total of all your assets and possessions when you pass away.
By making a bequest, you will provide support for many ministries provided by the Church. Your generosity will make a difference in the lives of many individuals.
Types of Bequests
There are four main types of bequests a donor can leave in their will.
Residual
This is the remainder of the donor’s estate after first leaving gifts to their loved ones. A Residual gift will stay consistent with inflation.
Percentage or Fractional
This is a gift expressed as a percentage or fraction of the donor’s estate. Again, these gifts aren’t influenced by inflation. Donors can leave a percentage of either the residue of their estate or a percentage of the entire estate.
Pecuniary or Specific
This is a specified gift that can include money, property or stocks and shares.
Whole Estate
This comprises the donor’s entire estate and is usually left by those without family or other preferred beneficiaries, or by those wanting to achieve something very significant with their gift.
Wording for your Will
If you would like to assist the Church to continue its charitable works, we recommend the following standard clause:
I give to the Trustees of the Roman Catholic Church for the Diocese of Bathurst the sum of $___________________ for the purpose of (select from of the following):
The Catholic Diocese of Bathurst
The Priests’ Retirement Fund
Cathedral Restoration Fund
My local parish, (please specify)
If you wish to leave the whole or part of your estate, then this clause will have to be adapted accordingly in consultation with your solicitor.
CONTACT US
Please don’t hesitate to contact us if you require more information about bequests and gifts in wills on (02) 6334 6400.
Alternatively, you can write to us at the following address:
Catholic Diocese of Bathurst
118 Keppel Street
Bathurst NSW 2795